Phil Allen has been hired as the new vice president of business lending at Columbia Credit Union, bringing with him 18 years of commercial financial industry experience.
The $891 million credit union in Vancouver, Wash., said Allen will focus on developing and maintaining business loan and deposit relationships, generating primary customer and prospect lists and assisting with commercial lending operations on behalf of Columbia CU.
Allen had been a commercial business banking officer for an area community bank. Other previous roles include business banking relationship manager, vice president/leasing manager and regional leasing manager, according to Columbia CU.
“Phil’s sales and development background and experience as a small business owner make him a great asset to our team,” said Alan Ludlow, vice president/manager of business lending, at Columbia CU.
“He clearly understands the growth needs of our local business community and will have an important role in expanding our lending portfolio.”
Founded in 1952, Columbia CU serves more than 76,000 members.