NORTHRIDGE, Calif.--(BUSINESS WIRE)--Mar 6, 2014--Business Partners, LLC, one of the largest member business lending Credit Union Service Organizations (CUSO) in the U.S., today announced the appointment of Pamella C. Easley as President and Chief Executive Officer and unveiled a strategic growth plan focused on improving the company’s core business.
Pamella C. Easley (Photo: Business Wire)
“Pam brings Business Partners decades of financial services experience, including a proven track record in rebuilding companies in the banking and credit union industries,” said Chairman David E. Maus. “She has earned a reputation within the industry as an operational and enterprise risk management expert by successfully leading risk consulting practices for credit unions, and regional and large-scale banks.
“We are confident that our organization and our customers will benefit greatly from Pam’s experience, expertise and sound business practices,” he added. “Her appointment reflects our continuing focus on growing Business Partners by providing quality services to credit unions nationwide.”
Most recently, Easley was Chief Executive Officer of La Habra, Calif.-based American First Credit Union, a $550 million-asset financial institution. She previously served in managing director and senior-executive level positions within the banking industry and has built and managed multi-billion dollar loan portfolios throughout her career.
“I am excited to be leading the Business Partners team and being part of what I see as a highly promising future,” said Easley. “We are getting back to our roots of serving as true partners to the credit unions and I am encouraged by the growing demand from borrowers and the credit union industry to grow balance sheet where Business Partners can help.
“Credit unions are expanding their options with respect to balance sheet diversification,” stated Easley. “Last year’s low interest rate environment drove demand for residential mortgages that placed many credit unions near their portfolio caps. Credit union management and boards of directors will need to explore financial and risk mitigation strategies by engaging in business loan participation lending, supported by the appropriate risk management infrastructure, internal skills and knowledge, and corporate governance. Among our strategies, we are focusing on helping our credit union partners to diversify their portfolios beyond residential and consumer lending options, and toward building products and services that are innovative, sound and aligned to their current financial goals and business needs.
“Our future looks extremely bright, and we are taking the first of many steps to execute our growth plans,” she added.
About Business Partners LLC
As one of the largest member business lending Credit Union Service Organizations (CUSO) in the country, Business Partners currently serves more than 150 credit unions nationwide. Business Partners was founded in 2003 as a strategic partner for financial institutions that need expertise in commercial real estate lending. Business Partners is building on its vast network of potential credit union lenders and high service levels to give all constituents confidence that their lending needs will be met. For more information on Business Partners, LLC visit .
Photos/Multimedia Gallery Available:http://www.businesswire.com/multimedia/home/20140306005291/en/
CONTACT: At the Company:
Business Partners, LLC
Denise Mattice, Chief Administrative Officer
At Financial Profiles, Inc.
Matt Andrejczak, 310-478-2700
KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA
INDUSTRY KEYWORD: PROFESSIONAL SERVICES BANKING CONSULTING FINANCE
SOURCE: Business Partners, LLC
Copyright Business Wire 2014
PUB: 03/06/2014 09:00 AM/DISC: 03/06/2014 09:00 AM