Westfield Bank Strengthens Agency Banking with New Talent

Westfield Bank Strengthens Agency Banking Team

Westfield Bank has announced a strategic expansion of its agency banking team by welcoming three highly regarded banking professionals into its ranks. This move emphasizes the bank's commitment to enhancing its service offerings and deepening existing relationships within the industry. The new team members are Mike Strakhov, who takes on the role of SVP, agency banking market leader, and both Morgan Harriss and Ross Haskett, serving as VPs and commercial loan officers in agency banking.

Welcoming New Team Members

Michael Toth, the chairman and CEO of Westfield Bank, expressed enthusiasm about these new additions, stating, "Westfield Bank takes pride in our longstanding relationships in the insurance industry and our proven track record of empowering agency owners around the country. Mike, Morgan, and Ross will greatly complement our agency banking team." Their collective experience and expertise stand to significantly enrich Westfield's services.

Excitement for New Opportunities

Mike Wagar, SVP of agency banking and specialty lines, shared his excitement, noting, "We're thrilled to welcome Mike, Morgan, and Ross, three talented and experienced banking professionals who will bolster our team's insurance expertise and capabilities. These additions will strengthen our competitive position, expand our capabilities and relationships, and bring new opportunities to the agencies we serve."

Background of the New Team Members

Bringing over 35 years of diverse experience in insurance and banking, Mike Strakhov joins from Live Oak Bank, where he led various industry lending teams. His leadership is expected to enhance Westfield Bank's strength in developing agency partnerships.

Morgan Harriss adds over 15 years of industry experience, including a decade specializing in lending to insurance agencies. Her reputation as a respected lender is bolstered by a wealth of relevant knowledge and long-standing client relationships.

Ross Haskett enters the team with a decade of banking experience, having transitioned into the insurance lending space in 2018. His background spans various roles across the bank, uniquely positioning him to serve clients effectively.

About Westfield Bank

Founded in 2001, Westfield Bank has rapidly grown to become a leading financial institution in the region. With a suite of personal, business, and agency banking products and services, the bank plays a pivotal role in the financial landscape.

Commitment to Workplace Excellence

Westfield Bank's commitment to fostering an outstanding work environment has earned it recognition, including the 2023 NorthCoast 99 Award, which honors employers who have made a significant impact on their employees' lives and their communities' economic vitality. In addition, for four consecutive years, the bank has been recognized as one of the Top Workplaces based on feedback reflecting its collaborative and innovative workplace culture.

Robust Growth and Support

Supported by Westfield Insurance, ranked among the top 50 property and casualty insurance groups nationally, Westfield Bank manages assets exceeding $2 billion. The bank operates under the guiding principle of Sharing Knowledge. Building Trust., a motto that reflects its dedication to clients throughout the region.

Frequently Asked Questions

What recent changes has Westfield Bank made to its agency banking team?

Westfield Bank has welcomed Mike Strakhov, Morgan Harriss, and Ross Haskett to strengthen its agency banking division.

Who are the new hires at Westfield Bank?

The new hires include Mike Strakhov (SVP), Morgan Harriss (VP), and Ross Haskett (VP), each bringing extensive experience in banking.

What is the significance of these new additions?

The addition of these experienced professionals is expected to enhance Westfield Bank's capabilities and deepen agency relationships.

How has Westfield Bank been recognized for its workplace culture?

Westfield Bank received the 2023 NorthCoast 99 Award and was named a Top Workplace for fostering an excellent work environment and employee satisfaction.

What does Westfield Bank's growth signify?

With over $2 billion in managed assets, Westfield Bank's growth reflects its strong position in the financial services sector and its commitment to clients.

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