Bankwell Financial Group Announces New Appointment
Bankwell Financial Group, Inc. (NASDAQ: BWFG) is excited to share that Michael Johnston has been appointed as the new Senior Vice President and Head of SBA Lending. This newly established position underscores the company's dedication to providing small businesses with innovative lending solutions.
Michael Johnston's Background in SBA Lending
Michael Johnston brings extensive experience to Bankwell, having previously worked as the National Sales Director for Ready Capital, a leading SBA lender in the country. His career includes various lending and underwriting roles at major institutions like Zions Bank, Bank of the West, CapitalSource, and Washington Mutual. This rich background gives him a solid understanding of the SBA lending landscape.
Enhancing Relationship-Driven Banking
Christopher R. Gruseke, the President and CEO of Bankwell, shared his enthusiasm about Johnston joining the team. "We're thrilled to welcome Michael on board. Creating this new role shows our commitment to growing as a relationship-driven bank that focuses on supporting small businesses," Gruseke said. He also pointed out that Johnston is a perfect fit for the bank’s culture and possesses the skills needed to help drive its growth.
Commitment to Small Business Growth
With the introduction of the Head of SBA Lending role, Bankwell aims to expand its support for small businesses. Under Johnston's leadership, the bank plans to strengthen its SBA lending strategy to promote careful and profitable growth.
The Vision for SBA Lending
Johnston expressed his excitement about joining Bankwell, highlighting the dedication of the executive team to grow the bank's small business customer base. He remarked, "I’m thrilled to be part of a team committed to enhancing our lending capabilities and ensuring our services meet the needs of small businesses. I can’t wait to contribute to Bankwell's continued success and help our customers flourish."
Frequently Asked Questions
Who is Michael Johnston?
Michael Johnston is now the 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 his excitement about Michael Johnston's cultural fit and skills that will aid in growing their SBA Lending business.
What previous roles did Michael Johnston hold?
He previously served as National Sales Director for Ready Capital and has held positions at Zions Bank, Bank of the West, CapitalSource, and Washington Mutual.
What is the focus of the Head of SBA Lending role?
This role focuses on enhancing Bankwell's support for small businesses within a framework that prioritizes relationship-driven banking.
What is Bankwell Financial Group's commitment?
Bankwell is dedicated to evolving as a commercial bank focused on helping small businesses thrive through innovative lending strategies.
