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Westfield Bank Strengthens Agency Banking with New Talent

Westfield Bank Strengthens Agency Banking with New Talent

Westfield Bank Expands Its Agency Banking Team

Westfield Bank has announced a strategic enhancement to its agency banking team by bringing on board three esteemed banking professionals. This decision highlights the bank's commitment to improving its service offerings and nurturing existing relationships within the industry. The new members are Mike Strakhov, stepping into the role of SVP and agency banking market leader, alongside Morgan Harriss and Ross Haskett, both serving as VPs and commercial loan officers within the agency banking sector.

Introducing the New Team Members

Michael Toth, the chairman and CEO of Westfield Bank, expressed his excitement about these new team members, stating, "Westfield Bank takes pride in our longstanding relationships in the insurance industry and our proven track record of empowering agency owners across the country. Mike, Morgan, and Ross will significantly enhance our agency banking team." Their combined experience and expertise are expected to greatly enrich the services Westfield offers.

Enthusiasm for Fresh Opportunities

Mike Wagar, SVP of agency banking and specialty lines, shared his enthusiasm, saying, "We’re thrilled to welcome Mike, Morgan, and Ross, three talented and experienced banking professionals who will strengthen our team's expertise in insurance. Their arrival will reinforce our competitive edge, broaden our capabilities and connections, and present new opportunities for the agencies we support."

Background of the New Team

With over 35 years of varied experience in insurance and banking, Mike Strakhov joins from Live Oak Bank, where he led several industry lending teams. His leadership is sure to fortify Westfield Bank's position in building agency partnerships.

Morgan Harriss comes with over 15 years of industry experience, including a decade focused on lending to insurance agencies. Known as a respected lender, she has a wealth of knowledge and strong client relationships to complement her expertise.

Ross Haskett joins the team with a decade of banking experience, having shifted to the insurance lending area in 2018. His diverse experience throughout the bank allows him to effectively cater to client needs.

About Westfield Bank

Established in 2001, Westfield Bank has quickly become a prominent financial institution in the region. With an array of personal, business, and agency banking products and services, the bank plays a vital role in the financial landscape.

Dedication to Workplace Excellence

Westfield Bank's commitment to creating an exceptional work environment has garnered recognition, including the 2023 NorthCoast 99 Award, which honors employers making a significant difference in the lives of their employees and enhancing their communities' economic health. Moreover, the bank has been acknowledged as one of the Top Workplaces for four consecutive years, based on employee feedback highlighting its collaborative and innovative workplace culture.

Strong Growth and Support

Backed by Westfield Insurance, which ranks 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., showcasing its commitment to clients across 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.

About The Author

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The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.

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