Radius Bank Hires New Senior Vice President/National Sales Director of Government Guaranteed Lending

Tim Anderson to lead the expansion of the Bank’s 7(a) and 504 programs

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Radius Bank, an industry-leading virtual bank, today announced that Tim Anderson has joined the company as Senior Vice President / National Sales Director of the organization’s Government Guaranteed Lending division. Tim will help drive the expansion of the Bank’s top 30 national SBA 7(a) and 504 lending programs and lead the development of a USDA B&I lending program. Tim has built a 20-year career in the banking industry and brings with him a deep understanding of building and growing SBA lending opportunities. He will focus on managing the national loan originations team,improving operations, and driving growth for the GGL division.

Before joining Radius, Tim was previously Senior Vice President and SBA Lending Manager at Aquesta Bank, where he focused on developing the bank’s SBA lending guidelines and implementing a streamlined process for reviewing, approving, closing, and servicing SBA 7(a) and Express loans. Prior to Aquesta, Tim was a Vice President with the SBA Division at TD Bank where he developed lending opportunities, working with the bank’s customers and bankers as well as with external non-bank Centers of Influence – CPAs, Attorneys, Commercial Real Estate and Business Brokers – to drive growth. He has also held positions with PNC Bank, First Trust Bank, Wachovia Bank, and First Union.

Tim will report directly to Chicago-based Executive Vice President / NationalDirector of Government Guaranteed Lending, Diane Gallion. “Tim brings to theBank an extensive background in building and growing SBA government guaranteed financing programs,” stated Gallion. “Having built his career in business lending from relationship manager to SBA lending manager, Tim will be an asset to the loan originations team as both a mentor and a leader.”

About Radius Bank
With assets of approximately $1.2 billion, Radius Bank is a forward-thinking community bank offering a full complement of leading-edge personal and business products and services. The Bank serves consumers, small and middle market businesses, unions, government entities, and non-profit organizations as its core clients. The Bank’s award-winning virtual banking platform allows clients to bank from anywhere with a computer or mobile device. Convenient features like check deposit, bill pay, person-to-person (P2P) payments and card management are all available to personal clients, with advanced treasury management and loan payments solutions available for business clients. Radius also partners with innovative fintech companies including mobile payments leader LevelUp and online marketplace lender Prosper to provide additional valuable services to its client base. Radius Bank is a member of the FederalDeposit Insurance Corporation and is an Equal Housing/Equal Opportunity Lender. For further information, visit the Bank’s website at radiusbank.com, or follow the Bank on Twitter, LinkedIn, Facebook, and Instagram.