Bankwell Appoints Michael Johnston as SBA Lending Head
Bankwell Financial Group Announces New Appointment
Bankwell Financial Group, Inc. (NASDAQ: BWFG) is proud to announce the appointment of Michael Johnston as its new Senior Vice President and Head of SBA Lending. This newly created position highlights the company's commitment to supporting small businesses through innovative lending solutions.
Michael Johnston's Background in SBA Lending
Michael Johnston brings a wealth of experience to Bankwell, previously serving as the National Sales Director for Ready Capital, which is known as one of the largest SBA lenders in the nation. His prior roles span various lending and underwriting capacities at prominent institutions such as Zions Bank, Bank of the West, CapitalSource, and Washington Mutual. This extensive background equips him with a deep understanding of the SBA lending landscape.
Enhancing Relationship-Driven Banking
Christopher R. Gruseke, President and CEO of Bankwell, expressed his excitement about Johnston's addition to the team. "We are thrilled to welcome Michael to our team. The creation of this new role reflects our dedication to evolving as a relationship-driven bank focused on assisting small businesses," Gruseke stated. He noted that Johnston is a perfect cultural fit, bringing the necessary skills to aid in the bank's growth.
Commitment to Small Business Growth
Through the establishment of the Head of SBA Lending role, Bankwell is aiming to broaden its support for small businesses. With Johnston at the helm, the bank intends to enhance its SBA lending strategy to ensure prudent and profitable growth.
The Vision for SBA Lending
Johnston articulated his enthusiasm about joining Bankwell, emphasizing the commitment of the executive leadership to expanding the bank's small business customer base. He stated, "I am excited to be part of a team that is dedicated to the growth of our lending capabilities and ensuring that our services meet the needs of small businesses. I look forward to contributing to Bankwell's ongoing success and helping our customers thrive."
Frequently Asked Questions
Who is Michael Johnston?
Michael Johnston is the new Senior Vice President and Head of SBA Lending at Bankwell Financial Group, Inc.
What did Christopher R. Gruseke say about Johnston's appointment?
Christopher R. Gruseke expressed excitement about Michael Johnston's fit for the culture and skills to aid in growing their SBA Lending business.
What previous roles did Michael Johnston hold?
He has served as National Sales Director for Ready Capital and held positions at Zions Bank, Bank of the West, CapitalSource, and Washington Mutual.
What is the focus of the Head of SBA Lending role?
The role focuses on enhancing Bankwell's support for small businesses within a relationship-driven banking framework.
What is Bankwell Financial Group's commitment?
Bankwell is committed to evolving as a commercial bank dedicated to assisting small businesses through innovative lending strategies.
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