SOURCE: MoneyLine Lending Services

May 16, 2005 09:00 ET

MoneyLine Lending Services Appoints New Senior Vice President of Business Development

Former Bank of the West Executive, Seasoned in Account Management and Business Development, Joins MoneyLine

IRVINE, CA -- (MARKET WIRE) -- May 16, 2005 -- MoneyLine Lending Services is pleased to announce the appointment of Lynn McCarthy as Senior Vice President of Business Development. McCarthy is a 21-year veteran of the banking industry, with extensive experience in business development management, and she joins MoneyLine to lead business development activities from planning to execution.

"We value the seasoned leadership and expertise that Lynn brings to MoneyLine's executive team," said Evan Gentry, president and CEO of MoneyLine Lending Services. "Her talent for establishing and building client relationships within the banking industry will be instrumental to our ongoing effort to build lasting relationships within the financial industry."

McCarthy joins MoneyLine from Bank of the West (formerly Sanwa Bank/United California Bank), where she has played a key role in account management and business development activities in the Financial Institutions Department for the past nine years. As a marketing team leader she was instrumental in taking the department from a virtual start up to a unit with roughly 100 clients. She also oversaw the Financial Institution Department's successful expansion into the Northwest from its California base.

"MoneyLine not only has a terrific product set, but a total commitment to providing a superior customer experience that runs throughout the entire organization," said McCarthy. "MoneyLine's private-label mortgage origination services enable institutions to offer a very competitive mortgage product that doesn't require infrastructure costs, increases fee income, improves return on assets and enhances customer relationships. That's a winning solution I'm anxious to take to the community bank market."

Prior to Bank of the West, McCarthy worked for First Interstate Bank, where she was first a credit analyst, then a commercial loan officer and finally a business sales manager. There she was awarded two back-to-back Chairman's Club awards in recognition of being among the top 3 percent of the sales force and the top producer as a Business Sales Manager. McCarthy attended California State University Fullerton, where she earned a Bachelor's Degree in Business Administration, with an emphasis in Finance.

About MoneyLine Lending Services

MoneyLine Lending Services specializes in providing financial institutions with private-label, outsourced mortgage origination and fulfillment services. MoneyLine's mission is to improve the relationships between financial institutions and their customers by providing exceptional service, personalized interaction, increased convenience, and competitive loan programs. For more information on MoneyLine's outsourced mortgage solutions, visit www.moneylinelending.com or call 800-837-8570.

Contact Information

  • Contact:
    Evan Gentry
    President and CEO
    MoneyLine Lending Services
    800-837-8570
    evangentry@mlls.com