{"id":469206,"date":"2021-03-31T17:29:28","date_gmt":"2021-03-31T21:29:28","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=469206"},"modified":"2021-03-31T17:29:28","modified_gmt":"2021-03-31T21:29:28","slug":"citywide-banks-announces-major-expansion-to-its-commercial-banking-team","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/citywide-banks-announces-major-expansion-to-its-commercial-banking-team\/","title":{"rendered":"CITYWIDE BANKS ANNOUNCES MAJOR EXPANSION TO ITS COMMERCIAL BANKING TEAM"},"content":{"rendered":"<div class=\"mw_release\">\n<p \/>Denver, CO, March  31, 2021  (GLOBE NEWSWIRE) &#8212;   <\/p>\n<p align=\"center\"><em>CWB Logos<\/em><\/p>\n<p><strong>CONTACTS:\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/strong><br \/>Michael Wamsganz<br \/>Director of Commercial Banking <em>(incoming President &amp; CEO on May 3)<\/em><br \/>303.643.3521, mwamsganz@citywidebanks.com\u00a0<\/p>\n<p>Emily Rockhold<br \/>Marketing Specialist<br \/>720.317.7838, <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Y7wN5VYWa22BhpoEyL8KQ2zzz8rOHMImAXI_Z_kPwsemuOBXC06ClDXQy79kaY5WFNRregWmawGHhFGjbPyUzn3Auz48yjzwonNi81IByHxI4pkCANwnOhQRip7SqgwA\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><u>erockhold@citywidebanks.com<\/u><\/a><\/p>\n<p align=\"center\"><strong><strong>CITYWIDE BANKS ANNOUNCES MAJOR EXPANSION <\/strong><\/strong><br \/><strong><strong>TO ITS COMMERCIAL BANKING TEAM<\/strong><\/strong><br \/><strong>Bank Names Shawn P. McGoff as New Head of Commercial Banking<\/strong><br \/><strong>and Other Key Talent Additions <\/strong><\/p>\n<p><strong>March 31, 2021 \u2013 <\/strong>Citywide Banks announced several key additions to its Commercial Banking team this week. Shawn P. McGoff joined the bank as its new Executive Vice President and Head of Commercial Banking.\u00a0 McGoff replaces Michael Wamsganz, who will transition to President and CEO on May 3, 2021.\u00a0 Joanne Sherwood, the bank\u2019s current President and CEO, announced her upcoming retirement earlier this month.\u00a0 The bank also announced the additions of Gabriel Arebalo as Market President, Senior Vice President, Heather Loeb as Commercial Banker, Senior Vice President, Jason Wolgram as Commercial Banker, Senior Vice President, Alex Sologoub as Commercial Banker, Senior Vice President, Alexandra Werges as Commercial Banker, Senior Vice President, and Robert Avila as Commercial Banker, Vice President.<\/p>\n<p>\u201cRestructuring and service level changes at other banks are causing disruption to both customers and employees,\u201d commented Michael Wamsganz, the incoming President and CEO at Citywide Banks. \u201cCitywide Banks is well positioned to fill this growing gap in the Colorado market. \u00a0Our reputation and history in Colorado, along with our employee culture, community involvement, and our backing with Heartland Financial USA, Inc. is attracting top banker talent across Denver. \u00a0Our banker expertise, backed by Heartland\u2019s technology, lending capability, and financial strength presents a compelling value proposition for our current and prospective customers.\u201d<\/p>\n<p>McGoff joins Citywide Banks as Head of Commercial Banking with more than 20 years of experience in leadership and business development roles. \u00a0Most recently, he was the National Manager of Business Banking Specialty Regions at Bank of the West. \u00a0McGoff\u2019s background also includes four years on active duty serving our country and leading teams in the U.S. Army as a Captain in the Air Defense Artillery.<\/p>\n<p>Gabriel Arebalo comes to Citywide Banks as Market President bringing over 17 years of banking experience. \u00a0He was most recently the Colorado Market Region Manager at Bank of the West.\u00a0 Arebalo will also be joined by a team of well-established bankers in the Denver market. \u00a0Jason Wolgram also brings 15 years of banking expertise and was most recently a Commercial Team Lead at Bank of the West.\u00a0 Heather Loeb was most recently a Commercial Relationship Manager at Bank of the West, and brings a background of more than 14 years of financial experience.\u00a0 Alex Sologoub, most recently the Senior Commercial Relationship Manager at Bank of the West, brings over 18 years of financial expertise. \u00a0Alexandra Werges joins the Citywide Banks team with more than 10 years of related experience and was most recently a Commercial Relationship Manager at Bank of the West. \u00a0Robert Avila, most recently the Director of Heartland Financial Specialized Industries, joins Citywide Banks with more than 13 years of Commercial and corporate lending experience.<\/p>\n<p>Citywide Banks through its parent company, Heartland Financial USA, Inc., has been named a \u201cForbes Best Bank 2021.\u201d \u00a0In its annual review of the largest publicly traded banks and thrifts, <em>Forbes<\/em> ranked Heartland 52<sup>nd<\/sup> among a nationwide group of 100 leading banking organizations with assets ranging from $9 billion to over $2 trillion. \u00a0To compile <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=zT_4brnwfdxBVtWTOKDVoezB5uNcpuYHJWBxsfHHMWoCt0ruyouBl1DhefQ7M8PjCP3K5vW_58xD3XugBN16dx3jCTcX-bW9BSXgylE3iE-Lzl2uJD1cgQRGzoHwm9nh\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><u>the rankings<\/u><\/a>, <em>Forbes<\/em> used data collected by SNL Financial through the third quarter of 2020 on the country\u2019s largest publicly traded banks and thrifts. \u00a0The data covered 10 metrics of financial health: return on average equity; net interest margin; nonperforming loans (NPLs) as a percentage of loans; nonperforming assets as percentage of assets; reserves as a percentage of NPLs; two capital ratios (Tier 1 and risk-based); and leverage ratio. <em>Forbes<\/em> generated its ranking based on an average of the individual ranks of each metric.<\/p>\n<p><strong>About CityWide Banks<\/strong><br \/>About Citywide Banks Citywide Banks, is a subsidiary of Heartland Financial USA, Inc. (NASDAQ: HTLF). Citywide Banks is a state-chartered, community-invested bank with assets of approximately $2.6 billion and banking centers located across Colorado&#8217;s Front Range, Foothills and Mountain communities. Citywide Banks is committed to delivering responsive service, local expertise, and comprehensive financial tools for Colorado businesses and families. For more than 60 years, Citywide Banks has been dedicated to finding ways it can impact its local community and to move Colorado forward. Visit www.citywidebanks.com to learn more. Citywide Banks is a member FDIC and an Equal Housing Lender. About Heartland Financial USA, Inc. Heartland Financial USA, Inc. is a $17.9 billion diversified financial services company providing commercial and retail banking, residential mortgage, wealth management, investment services and insurance services. Heartland currently has more than 130 banking locations in more than 100 communities in Arizona, California, Colorado, Illinois, Iowa, Kansas, Minnesota, Missouri, Montana, New Mexico, Texas and Wisconsin. Additional information about Heartland Financial USA, Inc. is available at www.htlf.com.<\/p>\n<p><strong>Contact<\/strong><br \/>Marketing Specialist<br \/> Emily Rockhold<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Y7wN5VYWa22BhpoEyL8KQ2zzz8rOHMImAXI_Z_kPwsc3-6gAChxxjZOXu41lJ5aJDfORDgR65TJHszUZkmgxpBZariL6ZBcBbB1T_zQk132BF48s012QExy3sTFbVtPU\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">erockhold@citywidebanks.com<\/a><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODIwOTgwOSM0MTAxMzUwIzIwODA5MjQ=\" width=\"1\" height=\"1\" \/><br \/><img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/2ce1437b-9ee3-46b1-b82f-9024eadfdab6\" width=\"1\" height=\"1\" \/><\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Denver, CO, March 31, 2021 (GLOBE NEWSWIRE) &#8212; CWB Logos CONTACTS:\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Michael WamsganzDirector of Commercial Banking (incoming President &amp; CEO on May 3)303.643.3521, mwamsganz@citywidebanks.com\u00a0 Emily RockholdMarketing Specialist720.317.7838, erockhold@citywidebanks.com CITYWIDE BANKS ANNOUNCES MAJOR EXPANSION TO ITS COMMERCIAL BANKING TEAMBank Names Shawn P. McGoff as New Head of Commercial Bankingand Other Key Talent Additions March 31, 2021 \u2013 Citywide Banks announced several key additions to its Commercial Banking team this week. Shawn P. McGoff joined the bank as its new Executive Vice President and Head of Commercial Banking.\u00a0 McGoff replaces Michael Wamsganz, who will transition to President and CEO on May 3, 2021.\u00a0 Joanne Sherwood, the bank\u2019s current President and CEO, announced her upcoming retirement earlier this month.\u00a0 The bank also &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/citywide-banks-announces-major-expansion-to-its-commercial-banking-team\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;CITYWIDE BANKS ANNOUNCES MAJOR EXPANSION TO ITS COMMERCIAL BANKING TEAM&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-469206","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>CITYWIDE BANKS ANNOUNCES MAJOR EXPANSION TO ITS COMMERCIAL BANKING TEAM - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/citywide-banks-announces-major-expansion-to-its-commercial-banking-team\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CITYWIDE BANKS ANNOUNCES MAJOR EXPANSION TO ITS COMMERCIAL BANKING TEAM - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Denver, CO, March 31, 2021 (GLOBE NEWSWIRE) &#8212; CWB Logos CONTACTS:\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Michael WamsganzDirector of Commercial Banking (incoming President &amp; CEO on May 3)303.643.3521, mwamsganz@citywidebanks.com\u00a0 Emily RockholdMarketing Specialist720.317.7838, erockhold@citywidebanks.com CITYWIDE BANKS ANNOUNCES MAJOR EXPANSION TO ITS COMMERCIAL BANKING TEAMBank Names Shawn P. McGoff as New Head of Commercial Bankingand Other Key Talent Additions March 31, 2021 \u2013 Citywide Banks announced several key additions to its Commercial Banking team this week. Shawn P. McGoff joined the bank as its new Executive Vice President and Head of Commercial Banking.\u00a0 McGoff replaces Michael Wamsganz, who will transition to President and CEO on May 3, 2021.\u00a0 Joanne Sherwood, the bank\u2019s current President and CEO, announced her upcoming retirement earlier this month.\u00a0 The bank also &hellip; Continue reading &quot;CITYWIDE BANKS ANNOUNCES MAJOR EXPANSION TO ITS COMMERCIAL BANKING TEAM&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/citywide-banks-announces-major-expansion-to-its-commercial-banking-team\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-03-31T21:29:28+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODIwOTgwOSM0MTAxMzUwIzIwODA5MjQ=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/citywide-banks-announces-major-expansion-to-its-commercial-banking-team\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/citywide-banks-announces-major-expansion-to-its-commercial-banking-team\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"CITYWIDE BANKS ANNOUNCES MAJOR EXPANSION TO ITS COMMERCIAL BANKING TEAM\",\"datePublished\":\"2021-03-31T21:29:28+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/citywide-banks-announces-major-expansion-to-its-commercial-banking-team\\\/\"},\"wordCount\":813,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/citywide-banks-announces-major-expansion-to-its-commercial-banking-team\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODIwOTgwOSM0MTAxMzUwIzIwODA5MjQ=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/citywide-banks-announces-major-expansion-to-its-commercial-banking-team\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/citywide-banks-announces-major-expansion-to-its-commercial-banking-team\\\/\",\"name\":\"CITYWIDE BANKS ANNOUNCES MAJOR EXPANSION TO ITS COMMERCIAL BANKING TEAM - 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McGoff as New Head of Commercial Bankingand Other Key Talent Additions March 31, 2021 \u2013 Citywide Banks announced several key additions to its Commercial Banking team this week. Shawn P. McGoff joined the bank as its new Executive Vice President and Head of Commercial Banking.\u00a0 McGoff replaces Michael Wamsganz, who will transition to President and CEO on May 3, 2021.\u00a0 Joanne Sherwood, the bank\u2019s current President and CEO, announced her upcoming retirement earlier this month.\u00a0 The bank also &hellip; Continue reading \"CITYWIDE BANKS ANNOUNCES MAJOR EXPANSION TO ITS COMMERCIAL BANKING TEAM\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/citywide-banks-announces-major-expansion-to-its-commercial-banking-team\/","og_site_name":"Market Newsdesk","article_published_time":"2021-03-31T21:29:28+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODIwOTgwOSM0MTAxMzUwIzIwODA5MjQ=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/citywide-banks-announces-major-expansion-to-its-commercial-banking-team\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/citywide-banks-announces-major-expansion-to-its-commercial-banking-team\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"CITYWIDE BANKS ANNOUNCES MAJOR EXPANSION TO ITS COMMERCIAL BANKING TEAM","datePublished":"2021-03-31T21:29:28+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/citywide-banks-announces-major-expansion-to-its-commercial-banking-team\/"},"wordCount":813,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/citywide-banks-announces-major-expansion-to-its-commercial-banking-team\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODIwOTgwOSM0MTAxMzUwIzIwODA5MjQ=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/citywide-banks-announces-major-expansion-to-its-commercial-banking-team\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/citywide-banks-announces-major-expansion-to-its-commercial-banking-team\/","name":"CITYWIDE BANKS ANNOUNCES MAJOR EXPANSION TO ITS COMMERCIAL BANKING TEAM - 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