Horizon Bank, the Michigan City, Indiana-based subsidiary of Horizon Bancorp Inc. (NASDAQ GS: HBNC), has hired David Pendley as the divisional president of mortgage banking.
In his new job, Pendley will lead the strategic direction of the bank’s mortgage banking division, with responsibility for sales, operations, underwriting, secondary markets, and closing. Horizon provides residential mortgages to clients through its more than 70 Indiana and Michigan branches, its HorizonBank.com website, and a referral network of real estate agents and attorneys.
Pendley was previously vice president of mortgage lending at Consumers Credit Union. Earlier in his career, he was vice president of mortgage lending at Landmark Credit Union and director of mortgage lending at Avenue Mortgage Corp.
“David is a seasoned veteran with more than 30 years of experience in mortgage sales, operations, secondary markets and process design, as well as a proven leader in building high-performing teams that go above and beyond for their clients,” said President and CEO Thomas Prame. “We believe Horizon is well positioned to expand market share due to its extensive client base, economically strong communities and in-market local lenders. We have been our clients’ trusted advisors for over 150 years and look forward to expanding on this success with David leading our mortgage platform.”
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