Categories
Small Business Funding

Primis Bank Taps Industry Veterans to Lead New Warehouse Lending Division | PR Newswire [Video]

, /PRNewswire/ — Primis Bank is excited to announce the expansion of its Warehouse Lending Division under the leadership of division president Drey Roberts. This expanded team and line of business will give Primis the capabilities to capitalize on this critical section of the mortgage market with offerings that should boost non-CRE oriented loans and commercial deposits.

Roberts and his team joined Primis from a large regional bank in Texas, where Roberts was the national sales manager of its successful warehouse lending division for just under a decade, averaging more than $1.0 billion in monthly loan balances and substantial commercial deposits. He and his team bring enormous technical expertise and reputation in the industry and will be very accretive to the Primis culture and brand.

“What stood out to me the most about Primis was how much executive leadership understands the values and risks of warehouse lending,” Robertssaid. “The team at Primis …

Watch/Read More