Customers Bank Recruits John Donohue to Lead Customers Commercial Finance’s New Small Ticket Business | News

WEST Reading through, Pa.–(Small business WIRE)–Mar 22, 2022–

Customers Financial institution, a electronic and FinTech-ahead major 100 national bank with virtually $20 billion in assets, announced the institution employed business veteran John Donohue to serve as Government Vice President, Running Director of Customers Industrial Finance’s (CCF) new Smaller Ticket Small business.

Donohue brings extra than 30 several years of fiscal expertise in organizational growth, govt administration and senior management. His deep know-how in FinTech, business and income enhancement, threat and credit score management, operations, human sources and corporate progress will be property to CCF as he leads the make-out and management of the new Smaller Ticket organization platform.

“John’s leadership monitor report and important experience in the Small Ticket market will be instrumental as we start and develop our new solution presenting,” stated Samuel H. Smith III, Founder and President of Prospects Professional Finance.

Donohue joins CCF from Direct Money (a division of CIT) just after serving 24 yrs with the economical institution, most not long ago as managing director and team chief, and earlier held senior positions in operations and credit rating.

CFF is the nationally regarded devices funding and leasing subsidiary of Shoppers Bank. CCF provides the best of both of those worlds: the responsiveness and deep-domain skills of a specialty finance organization coupled with the stability and lower price tag of an established and fast expanding nationwide financial institution. Based mostly in Portsmouth, NH, CCF expert services a nationwide client base, targeted on numerous industry silos including Plastics, Packaging, Transportation, Crane/Design, Maritime, Meals Processing, Franchise and Aircraft among many others. CCF was just lately named to the Watch 100, showcasing the major machines finance and leasing companies in the U.S.

To understand extra about Consumers Business Finance and the other items and solutions offered by Buyers Bank, visit

About Clients Bank

Shoppers Bank is a entire-company financial institution with $19.6 billion in assets at December 31, 2021, and a wholly owned subsidiary of Shoppers Bancorp, Inc. (NYSE:CUBI). A member of the Federal Reserve System with deposits insured by the Federal Deposit Coverage Corporation, Consumers Financial institution is an equivalent opportunity lender that delivers a assortment of banking and lending expert services to small and medium-sized companies, industry experts, men and women, and family members. Companies and solutions are obtainable where ever permitted by regulation by cellular-first applications, on the web portals, and a network of offices and branches. Consumers Financial institution gives blockchain-primarily based digital payments via the Customers Lender Quick Token (CBIT TM ) which allows customers to make authentic-time payments in US pounds, 24 several hours a working day, 7 times a week, 365 times a yr. More at

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Marketplace Key phrase: BANKING Professional Services FINANCE

Supply: Consumers Bank

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PUB: 03/22/2022 04:10 PM/DISC: 03/22/2022 04:11 PM

Copyright Small business Wire 2022.