Home New loan WesBanco Announces Indianapolis Loan Origination Office

WesBanco Announces Indianapolis Loan Origination Office

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Wheeling, W.Va., April 18, 2022 /PRNewswire/ — WesBanco, Inc. (Nasdaq: WSBC), a diversified, multi-state banking holding company, announced that it has continued to successfully execute its strategy to seek additional long-term growth opportunities through the opening of a loan origination office, focused on commercial and residential mortgages, within the Indianapolis market.

“WesBanco is focused on delivering long-term sustainable growth to our shareholders through strong execution of our distinct strategies, including opening loan origination offices in key markets adjacent to our footprint,” said declared Todd F. Clossin, Chairman and CEO of WesBanco. “We have spent the past 150 years nurturing relationships with our neighbors and local businesses, and we look forward to doing the same in the Indianapolis region. By keeping in touch with our local banking roots, we have been able to deliver a best-in-class financial institutional experience in all of our markets. I am excited about the opportunities our new loan production office provides to continue this success.”

Mr. Clossin continued, “Additionally, WesBanco was recently named by Forbes as one of the Best Banks and Best Midsize Employers in the United States. In fact, we were the only mid-sized bank to make the top ten in financial performance and employer of choice. We were also named one of America’s Most Trusted Companies by Newsweek. We are focused on providing top-notch service to our customers and we believe the only way to achieve this is to create an environment in which our employees are ready to succeed. These recognitions tell our current customers and community members looking for a new banking partner that WesBanco has the capabilities and track record to ensure continued financial success. »

In addition, WesBanco’s banking subsidiary, WesBanco Bank, has hired Michael McCulloch and Tony Thompson manage the commercial loan production office. In their roles, they will be responsible for developing new relationships with customers across the commercial banking spectrum. Additionally, WesBanco Bank is in the process of hiring a Residential Sales Manager who will be responsible for building a successful mortgage team and managing mortgage origination activities.

“We are thrilled to welcome these individuals to our organization as leaders of our new Indianapolis loan origination office,” said Jayson Zatta, WesBanco Senior Executive Vice President and Chief Banking Officer. “They bring a wealth of experience and success to WesBanco, and we look forward to them stepping into the business. Indianapolis market a success.”

Mr. McCulloch, who will be the Senior Commercial Banker, brings nearly 25 years of commercial banking experience to WesBanco, while Mr. Thompson brings 15 years of experience. Both bankers have a proven track record as trusted advisors and in building and managing business relationships. Additionally, Michael and Tony pride themselves on being heavily involved in their communities.

WesBanco prides itself on offering great banking capabilities with a community banking feel. Its services include the full range of online and mobile banking options; business and personal transaction account options and competitive lending services; a full range of commercial banking products and services; and trust, wealth management, securities brokerage and private banking services through the century-old Trust and Investment Services Department.

About WesBanco, Inc.

Founded in 1870, WesBanco, Inc. (www.wesbanco.com) is a diversified and balanced financial services company that offers deep banking capabilities with a community banking feel. Our distinct long-term growth strategies are based on unique sustainable advantages allowing us to span six states with significant market share. Building on our Better Banking Pledge, our customer-centric service culture is focused on developing long-term relationships by committing to meeting all personal and business customer needs effectively and efficiently. Additionally, our strong financial performance and focus on our people have earned us recognition by Forbes as one of America’s Best Midsize Banks and Employers – the only midsize bank in be in the top 10 of both rankings. In addition to a full range of online and mobile banking options and a full range of commercial products and services, WesBanco provides trust, wealth management, securities brokerage and private banking services through the through our century-old fiduciary and investment services department, with approximately $5.6 billion assets under management (at the 31st of December, 2021). WesBanco’s banking subsidiary, WesBanco Bank, Inc., operates 205 financial centers in the states of Indiana, Kentucky, Maryland, Ohio, Pennsylvaniaand West Virginia. In addition, WesBanco operates an insurance agency, WesBanco Insurance Services, Inc., and a full-service broker/dealer, WesBanco Securities, Inc.

SOURCEWesBanco, Inc.