ACB: Press Releases

Contact:	Robert Schmermund (202) 857-3104 Jim Eberle (202) 857-3145	Jim Eberle (202) 857-3145 (work) (703) 893-2593 (home) [email protected]	For Immediate Release October 1, 2003 #03-44
E-mail: [email protected]

AMERICA’S COMMUNITY BANKERS EXPANDS ITS STAFF IN COMMERCIAL BANKING, MORTGAGE LENDING AREAS

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WASHINGTON, D.C. — America’s Community Bankers announced today that it has expanded its staff expertise to provide member institutions with enhanced support in the areas of commercial banking and mortgage lending.

Robert C. Seiwert, a veteran of 30 years in banking, has been named senior vice president for commercial banking, a new position at ACB. In addition to creating new products and services for community banks, Seiwert will manage ACB’s research and economics unit and promote ACB’s two-year strategic alliance with RMA — The Risk Management Association — which provides education courses to ACB members in traditionally commercial bank areas.

Deborah Whiteside, a 20-year veteran of the mortgage finance business, has been named senior vice president for mortgage solutions at ACB Business Partners, Inc., ACB’s for-profit subsidiary. Community bank members of ACB have generated more than $45 billion in home loans through secondary mortgage products offered by Fannie Mae, Freddie Mac, Countrywide Home Loans, Principal Residential Mortgage and Financial Freedom. She succeeds Ron Haynie, who has been named ACB’s senior vice president for membership and sales.

“As our membership’s product mix has evolved, ACB has created and enhanced its program offerings to support the needs of community banks,” said ACB President and CEO Diane Casey-Landry. “Bob’s addition will enhance ACB’s offerings in the commercial banking area and will allow us to give our members additional support in such areas as business lending, commercial real estate lending and small business lending,” she said.

“We’re also delighted to have Deborah join our team.” said Casey-Landry. “Our mortgage solutions program has helped community banks, some of which had never before sold a loan, utilize the secondary market to better serve their communities. We are committed to growing this effort.”

Seiwert had a 17-year career at Banc One Corp., which included community bank experience as president and CEO of Bank One Wooster, a $90 million affiliate. He also served as director of commercial marketing and research at Banc One Corp. In addition to his commercial lending background, Seiwert has extensive experience in the areas of sales and marketing, education and training and strategy development.

Whiteside had a 15-year career at Fannie Mae, one of ACB’s mortgage solution partners. At Fannie, she held successive positions as director of transactions management, director of single-family operations, director of technology marketing and director of product development. She left Fannie in 2000 to become managing director of Pedestal, Inc., a national Internet mortgage trading forum and auction site. She began her career with the Mortgage Bankers Association in 1983.

America’s Community Bankers is the national trade association committed to shaping the future of banking by being the innovative industry leader strengthening the competitive position of community banks. To learn more about ACB, visit www.AmericasCommunityBankers.com.

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