ANN ARBOR, Mich. — Michigan Business Connection LC has hired Dave Wible, a 32-year banking and commercial lending veteran as its chief credit officer, a new position at the business lending CUSO.
Wible will work with loan originators and underwriters on incoming applications, develop risk policies and procedures, oversee credit quality and portfolio collection efforts.
Wible's financial services career started in 1976 and includes 23 years with KeyBank and predecessor companies in international lending, middle market commercial lending, and credit administration, including overseeing the Michigan bank's small business and commercial lending divisions. Following two years as a CFO for a manufacturing company, Wible returned to banking in 2002 as senior vice president and regional credit officer for TCF Bank in Michigan.
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"In these times, quality lending starts with expertise," said Bill Beardsley, president of MBC. "This is a real milestone for MBC. For reasons including our historical growth rate, and both the challenges and opportunities facing us in this marketplace, we need and welcome the expertise of Dave."
MBC manages more than $100 million in commercial lending assets.
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