Boston, MA, Feb. 13, 2018 (GLOBE NEWSWIRE) -- Radius Bank announced today the appointment of Marty Ferguson as Senior Vice President / National Sales Director for its Government Guarantee Lending (GGL) division, and he will be based out of Memphis, TN. Along with leading the 7a origination team, Marty will be tasked with growing the Bank’s new 504 direct loan originations and expanding the team to include a Wholesale division to provide Radius and Certified Development Companies with an additional resource to fund their 504 loans. Marty has built a 30-year career in the banking industry and brings a wide range of knowledge of the Small Business Administration (SBA) industry to the organization. His experience will be instrumental in continuing the momentum Radius has gained as a Top 30 National SBA Lender.
Before joining Radius, Marty was previously the President and Chief Executive Officer of the SBA Division of Evolve Bank & Trust, where his team was responsible for the risk management, closing, accounting, servicing, auditing and sales of GGL loans. Prior to Evolve, Marty was the Vice President of Small Business Lending at Magna Bank where he built the SBA lending department from its infancy to becoming the #1 SBA Lender in the Memphis market in just over one year. He has also held positions with GE Capital, GE Commercial Finance, GE Real Estate, and St. Albans Capital.
Marty will report directly to Chicago-based Executive Vice President / National Director of Government Guaranteed Lending Diane Gallion. “Marty brings to the Bank an extensive background in SBA government guaranteed financing,” stated Gallion. “His market expertise, network, and sales acumen will be a driving force in growing the GGL division this year, and we are very excited to have him join our team.”
About Radius Bank
With assets of approximately $1 billion, Radius Bank is a forward-thinking community bank offering a full complement of leading-edge personal and business products and services. The Bank serves consumers, small and middle market businesses, unions, government entities and non-profit organizations as its core clients. The Bank's award-winning virtual banking platform allows clients to bank from anywhere with a computer or mobile device. Convenient features like check deposit, bill pay, person-to-person (P2P) payments and card management are all available to personal clients, with advanced treasury management and loan payments solutions available for business clients. Radius Bank is also an SBA Preferred Lender, providing financing for small business nationwide. Radius also partners with innovative fintech companies including mobile payments leader LevelUp, online investment firm Aspiration, and online marketplace lender Prosper to provide additional valuable services to its client base. Radius Bank is a member of the Federal Deposit Insurance Corporation and is an Equal Housing/Equal Opportunity Lender. For further information, visit the Bank's website at www.radiusbank.com, or follow the Bank on Twitter, LinkedIn, Facebook, and Instagram.
Kathleen Barrett AVP, Marketing Radius Bank Phone: (617) 728-7318 E-Mail: email@example.com