Sunwest Bank Appoints Omar Morel as SVP for Lending Growth
Sunwest Bank Welcomes Omar Morel as SVP, Director of Government Guaranteed Lending
Sunwest Bank is excited to announce the appointment of Omar Morel as the new Senior Vice President and Director of Government Guaranteed Lending. With over 15 years of banking experience, Morel is set to lead the bank's government guaranteed lending efforts, ensuring a robust portfolio that spans multiple markets.
Expanding Business Development Efforts
In his new role, Morel will be at the forefront of business development, focusing on building a national government guaranteed lending platform. His leadership will concentrate on nurturing the existing staff who have contributed to the bank's growth over the past five years while also gaining market share in the government lending sector.
Previous Experience and Commitment
Before stepping into this pivotal role, Morel served as the SBA Sales Leader at Sunwest Bank, where he was responsible for approving and funding various loan types, including SBA 7(a), SBA 504, and California State Guaranty loans. His efforts helped numerous businesses to expand and acquire commercial real estate. Additionally, he brought valuable experience from American Business Bank, where he held the position of Senior SBA Business Development Officer for four years.
Morel’s dedication extends beyond his banking career; he is also a proud veteran of the US Air Force, serving six years before launching into the financial sector. His military background emphasizes his commitment and discipline, traits that will benefit Sunwest Bank.
Educational Background
Omar Morel's academic credentials further enhance his profile as a leader in the banking industry. He studied Business Administration at the University of Phoenix and obtained his MBA from the University of La Verne. Additionally, his involvement in the Pacific Coast Banking School has allowed him to refine his leadership skills and business strategies. His continuous commitment to education reassures both the bank and its clients about the quality of leadership they can expect.
Ambitions for the Future
In his own words, Morel expressed enthusiasm about his new role: "Moving to the role of Director of Government Guaranteed Lending is an exciting opportunity. I'm eager to work with our talented team to expand our SBA offerings and help small businesses across the nation through the power of SBA loans." His vision outlines a path forward that prioritizes effective collaboration and the empowerment of small businesses through accessible lending.
About Sunwest Bank
Founded in 1969, Sunwest Bank is a privately held commercial bank boasting over $3.0 billion in assets. Headquartered in Sandy, Utah, with operations extending to various states including California, Arizona, Idaho, Florida, and beyond, Sunwest Bank has cultivated a reputation for delivering excellent service. The institution caters to entrepreneurs, privately held corporations, family offices, and real estate developers, focusing on the needs of small to medium-sized businesses throughout the Western United States.
Sunwest Bank adheres to the regulations set by the FDIC and is an Equal Housing Lender, reflecting its commitment to serving a diverse clientele with integrity and professionalism.
Frequently Asked Questions
Who is Omar Morel?
Omar Morel is the newly appointed Senior Vice President and Director of Government Guaranteed Lending at Sunwest Bank, with over 15 years of experience in banking.
What will Morel's role involve?
He will lead the government guaranteed lending portfolio, focusing on business development and expanding the bank's national lending platform.
What was Morel's previous position?
Before his current role, he served as the SBA Sales Leader for Sunwest Bank, facilitating various SBA loan programs.
What educational qualifications does Morel have?
Morel holds an MBA from the University of La Verne and has attended the Pacific Coast Banking School for further leadership training.
What is the core mission of Sunwest Bank?
Sunwest Bank aims to provide exceptional service to entrepreneurs and small businesses, supporting their growth through innovative banking solutions.
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