Fremont Bank Expands To Southern California To Provide Residents With Needed Traditional Prime Residential Mortgage Lending
Financial industry veteran, Brad Seibel, to lead the Bank's Residential Lending Center
ALISO VIEJO, California - November 19, 2009 - Fremont Bank, a leading full-service community bank based in Northern California, today announced its expansion into Southern California to offer traditional prime residential mortgage lending, with a mix of retail, bank-to-bank and targeted wholesale lending services. On December 1st, Fremont Bank will open its Residential Lending Center in Aliso Viejo, led by financial industry veteran Brad Seibel.
“With multiple Southern California community banks vanishing
or being acquired by larger intuitions, Fremont Bank fills a much
needed void to provide residents with sound, traditional prime mortgage
lending,” says Seibel, Director of Specialty Lending-Sales.
“Our approach to serve our existing and new Southern California
clients will be consistent with what has made Fremont Bank a successful
community bank for more than 45 years—excellent service coupled
with a commitment to the client to ensure their success.”
Brad Seibel comes to Fremont Bank with more than 25 years of banking
and lending experience. Prior to joining the Bank, Seibel led numerous
financial institutions throughout the West Coast, including his tenure
as senior vice president at Chevy Chase Bank. At Chevy Chase Bank,
he expanded the mortgage loan origination platform throughout the
West Coast and established the Western Division wholesale operation
and national correspondent program from inception. Seibel received
his MBA from Pepperdine University and B.S. of Science/Economics from
the University of Wisconsin.
“Expanding into Southern California is a natural and logical
step for Fremont Bank, as there is a noticeable need for a proven,
trusted community bank to provide sound residential mortgage lending
support,” says Fremont Bank’s Vice President of Residential
Lending, Gary De Luca. “We are also fortunate to have such a
talented banking professional as Brad Seibel, who will lead our Specialty
Lending Group in Southern California.”
About Fremont Bank
Fremont Bank (www.fremontbank.com)
is the leading full-service community bank in Northern California.
Founded in 1964, Fremont Bank is one of the oldest independent family
owned and managed banks in the region and focuses on personalized
service for individuals and businesses. It serves communities through
23 branches and seven additional ATMs throughout the Greater Bay Area.
Exceptional client service is the cornerstone of Fremont Bank's business.
Accommodation of customer needs in a friendly, personal atmosphere
characterizes the Bank's culture. |