Insurors Bank Officer Named Vice Chair of Corporate Loan Committee - Increases Bank's Lending Capacity!
Jim Rieniets, Senior Vice President, of the Insurors Bank of Tennessee has been appointed vice chair of Civitas BankGroup's corporate loan committee. The bank holding company owns six other banks in addition to its 50% interest in Insurors Bank. In response to growth and loan demand, Civitas BankGroup recently gathered the most seasoned lending officers from its major banks to form a corporate-wide committee to review all loan relationships of $1.5 million and larger. This committee meets weekly and assists in the facilitation of large loan participations among its member banks. As a result, Insurors Bank is now better positioned to serve the borrowing needs of their customers when the size of a loan may have previously prohibited them from doing so.
When the Corporate Loan Committee was formed, Jim Rieniets of Insurors Bank was selected to serve as Vice Chairman due to his extensive commercial lending experience and demonstrated underwriting skills. Jim's experience has included being a credit analyst, commercial lender, the head of a small business banking division, and a senior loan committee member of a national bank. Currently senior vice president and senior lending officer of Insurors Bank, Jim directs all lending activities and serves as a member of executive management.
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