BRIDGEPORT Conn.,
July 6, 2017
/PRNewswire/ -- People's United Bank today announced that
John DeFranza has joined the bank as
Senior Vice President of Small Business Administration (SBA)
lending, responsible for the development of enhanced SBA loan
products and increasing lending efforts across the footprint. He
will also be responsible for SBA product training, both internally
and externally as well as building industry
relationships.
DeFranza's banking career spans 38 years, having depth of
experience in retail, commercial, SBA and capital markets.
Prior to joining People's United, he was with Bank of America for
24 years, holding numerous management positions.
He had led BofA's SBA business in the Northeast, Mid-Atlantic,
Southeast and Central regions, having four times been ranked
nationally as the top SBA producer. An active business and
community leader, he has a keen understanding of Long Island and
the New York boroughs and has
managed Bank of America's Business Banking Division in these
markets.
"Small Business Administration (SBA) lending is a key component
of the Bank's strategic growth plans, so having access to John's
exceptional knowledge and national experience in this area is vital
to our long-term success," said Jeffrey
Tengel, Senior Executive Vice President, Commercial Banking,
People's United Bank. "We are very excited to welcome John to
our team."
About People's United Bank
People's United Bank, N.A. is a subsidiary of
People's United Financial, Inc. (NASDAQ: PBCT), a diversified
financial services company with $40
billion in assets. People's United Bank, founded in 1842, is
a premier, community-based, regional bank in the Northeast offering
commercial and retail banking, as well as wealth management
services through a network of nearly 400 retail locations in
Connecticut, New York, Massachusetts, Vermont, New
Hampshire and Maine.
People's United Bank. "What know-how
can do."
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SOURCE People's United Bank