May 7, 2020
By Caity Witucki
Contributing Editor, Coleman Movers & Shakers
Coleman Movers & Shakers — Pam Scott, Rich Viall, and Greylock Federal Credit Union
Pam Scott Joins First Internet Bank’s SBA Lending Team
This week, First Internet Bank announced that Pam Scott joined its Small Business Administration (SBA) Lending team as Vice President, SBA Operations. In this role, she will further optimize pre- and post-closing processes to create greater efficiencies that promote a superior borrower experience.
With more than 30 years of experience in financial services, Scott joins First Internet Bank from Harvest Small Business Finance. Her past tenure also includes leadership roles with CIT Small Business Lending Corporation, Radar Lender Services and First Home Bank.
“Pam’s understanding of government-guaranteed lending and the role the lender plays in delivering a successful loan makes her an important team addition,” says Nicole Lorch, Chief Operating Officer at First Internet Bank. “At First Internet Bank, we have a long-standing commitment to providing the best service possible for our clients. Each borrower is unique. Pam has demonstrated an ability to build both teams and consistent processes that serve their individualized needs. Additionally, Pam’s vast experience, from lending to commercial real estate, is a huge asset for the small business owners we serve.”
Rich Vaill Joins Spencer Savings Bank’s Retail Banking Business Team
Richard Vaill Joins Spencer Savings Bank’s retail banking business team as Vice President, Business Development Officer, and Team Lead.
In his new position at Spencer Savings Bank, Vaill will be responsible for providing deposit and lending solutions for small and medium-sized businesses. Vaill has over 25 years of experience working in the industry, with a strong background in Relationship Management.
“We are excited to welcome Richard to the Spencer team. He is a dynamic, insightful and experienced business professional with strong leadership skills and strategic planning skills,” says George Celentano, executive and senior vice president of retail banking. “We are also excited to hire a former Marine. Their training and leadership skills are vital to any company. We look forward to having him as part of the Spencer team and know that he is going to be a great contributor to our success.”
Greylock Federal Credit Union Saves Community Education Facility
Last week, Greylock Federal Credit Union saved Flying Cloud Institute with a Small Business Administration Paycheck Protection Program loan.
Flying Cloud Institute is a community STEAM (Science, Technology, Engineering, Arts, and Math) education facility located in Massachusetts. Every year, the institute reaches over 3500 students through in-school programs, summer programs, and Youth Summits.
“We are delighted that with this loan we are able to maintain our entire team on staff,” says Flying Cloud executive director Maria Rundle. “When one of our educators heard the loan was approved, she said, ‘I feel like I can breathe again.’ We can continue to provide STEAM programs that connect with the young scientists and artists in our community via the live, virtual classroom.”