First Foundation Bank picks Sacramento to launch municipal finance division

//First Foundation Bank picks Sacramento to launch municipal finance division

First Foundation Bank picks Sacramento to launch municipal finance division

Irvine-based First Foundation Bank is launching a niche municipal lending operation out of its Sacramento office. The bank is part of First Foundation Inc., which entered the Sacramento market with the purchase of Community 1st Bancorp in 2017. First Foundation (Nasdaq: FFWM) hired former Umpqua Bank municipal lender Trevor Mael to be its director of public finance for the Sacramento Valley. “It’s a new division for us,” First Foundation spokesman Tyler Resh said. He said the bank is taking…

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By | 2019-11-08T22:42:01+00:00 November 8th, 2019|Economics|

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