SVP, Senior Lending OfficerCB-12 - Taunton, MA
Smith & Wilkinson has been retained by Mechanics Cooperative Bank (www.mechanics-coop.com) to manage the search for the bank’s Senior Vice President, Senior Lending Officer. Mechanics is a 141-year-old, mutually-chartered community bank headquartered in Taunton, Massachusetts. The bank has approximately $575MM in total assets, operates 9 branches in southeastern Massachusetts, and has an expertise in Commercial Real Estate and Construction lending. Mechanics is in outstanding financial condition and is consistently ranked as one of the top performing banks in its peer group. For the period ending June 30, 2018, the bank had net interest margin of 3.84%, return on assets of 1.11%, efficiency ratio of 60.82%, noncurrent loans to loans of 0.21%, and core capital ratio of 9.31%. Reporting directly to the bank’s President & CEO, the Senior Vice President, Senior Lending Officer will join a small, collaborative senior management team and oversee all aspects of the bank’s lending function. Management responsibilities will include Commercial Lending, Residential Lending, Credit Administration, Loan Servicing, Collections, and Quality Control. We are seeking savvy, well-rounded lending executives for this premier community bank leadership role. For additional information, please email Cameron Boyd, Partner & Practice Director (email@example.com).