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Proficio Bank Appoints Angela Midea as Senior Vice President, Compliance Officer
  • USA - English


News provided by

Proficio Bank

Jun 15, 2015, 03:00 ET

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EQUAL HOUSING LENDER
EQUAL HOUSING LENDER

Salt Lake City, UT (PRWEB) June 15, 2015 -- Proficio Bank announced the appointment of Angela Midea as Senior Vice President, Compliance Officer.

In her role at Proficio Bank, Angela Midea will provide management and oversight of the Compliance department for Proficio Bank and its subsidiaries. Her primary focus will be to assess the current compliance landscape and provide ongoing plans for continued compliance across all aspects of bank operations.

I am looking forward to assist the Bank in staying compliant during a time of high, complex regulatory requirements while ensuring that our clients are given high quality service, and the Bank profitability goals are met.

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"I believe that with her passion, drive and deep knowledge of the mortgage industry and prior commercial knowledge, she will be able to properly execute what is required in the Compliance Officer role," said Steve Chapton, President and COO of Proficio Bank. "I look forward to Angie helping with reinforcing our policies, procedures and guiding us in the compliance environment."

Angela Midea comes to Proficio Bank most recently from First Place Bank in Ravenna, Ohio, where she was responsible for the management of risk associated with the origination of mortgage loans as it relates to regulatory compliance, credit, and collateral underwriting. Midea was also responsible to research and implement all the regulatory requirements, investor’s requirements and Bank Policy as changes and updates occur.

"I am looking forward to assist the Bank in staying compliant during a time of high, complex regulatory requirements while ensuring that our clients are given high quality service, and the Bank profitability goals are met," said Angela Midea, Senior Vice President, Compliance Officer at Proficio Bank.

About Proficio Bank

Proficio Bank is chartered as a commercial nonmember bank in the state of Utah, located in Salt Lake City, and regulated by the Utah Department of Financial Institutions and the Federal Deposit Insurance Corporation.

Proficio Bank specializes in commercial lending, small business lending, and reverse mortgage lending. Proficio Bank and its commercial lending division utilizes a niche strategy of serving the financial services needs of the corporate relocation industry and commercial lending services to small and middle-market borrowers. The Bank’s mortgage operations are conducted by Proficio Mortgage Ventures, LLC (“PMV”), NMLS 7840, a Delaware limited liability company, and a wholly-owned subsidiary of Proficio Bank. Proficio Bank and Proficio Mortgage Ventures are an Equal Housing Lender and Equal Opportunity Employer. For more information regarding the Reverse Mortgage Division at PMV, visit the division’s website at http://www.proreverse.com.

For employment inquiries, please visit http://www.proficio.appone.com

Corporate Contact:
John Miller
President, Proficio Mortgage Ventures, LLC
Phone: (702) 583-3043

Lauren Vickery, Proficio Bank, http://www.proficiobank.com/, +1 (855) 212-0839, [email protected]

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