Strategic hires will support Cornerstone's
continued growth and innovation
HOUSTON, July 22,
2024 /PRNewswire/ -- Cornerstone Capital Bank, a
preeminent national provider of mortgage origination and servicing
solutions and consumer, commercial and institutional banking
services, has expanded its leadership team with seven key hires,
further strengthening its growing financial services franchise.
Patrick Ramsier has
joined Cornerstone as president, capital markets CRE, bringing over
35 years of commercial real estate finance experience. Prior to
Cornerstone, he built successful on-book commercial real estate
platforms at both LegacyTexas Bank and Southside Bank, where he
originated $7 billion in committed
volume and managed multi-billion-dollar portfolios. He also served
as a senior executive at two local real estate development
companies specializing in acquisitions and finance.
As Senior Vice President
of Strategic Partnerships, Mike Iorio is spearheading the
nationwide expansion of Cornerstone's world-class Homebuilder
Partnership business, with a focus on cultivating new relationships
and enhancing service offerings. Iorio brings over 25 years
of banking and mortgage experience and has held
executive roles at NewRez, Wells Fargo, CMG
Financial, Citywide Home Loans and Stearns
Lending.
Noah Elrod brings
over 15 years of industry experience as senior vice
president and director of treasury services, where
he will lead Cornerstone's new corporate treasury sales
and advisory business set to launch in Q4 2024. Using the
latest available technologies, Cornerstone is designing new
products to fulfill the needs of hundreds of partners and offering
the lowest fees in the industry. Most recently,
Elrod held a similar position at American National Bank
& Trust and has also held leadership roles
with Independent Financial and Wells Fargo.
Dana Abernathy joined
as vice president of loan servicing business development, where she
will be expanding the company's mortgage loan servicing operations.
Abernathy has 35 years of industry experience and has held
leadership roles at Computershare Loan Services, National MI and
PMI Mortgage Insurance Company.
Cara
Williams joined Cornerstone as senior vice
president, chief compliance officer. Williams most
recently served as a Principal with Spinnaker Consulting
Group. She brings more than 20 years of experience working
with some of the nation's largest banks and mortgage operations,
including Wells Fargo and First Citizens Bank.
Gina Darcy joined as
senior vice president, managing director, project management &
risk reporting. With over 20 years of experience, Darcy has held
senior roles at Bank of the West, Wells Fargo and JPMorgan
Chase.
As Vice President of Marketing, Thu-Lynn "TL" Nguyen will
be responsible for expanding Cornerstone's market and brand
presence and developing its enterprise-wide sales teams. Nguyen has
spearheaded several groundbreaking strategic and business
development initiatives during her 15-year career in the mortgage
industry, including the creation of a lead-generating mobile app
and the successful implementation of multiple CRM technology
platforms. She has been recognized as a HousingWire Rising Stars
recipient, named among Houston Business Journal's Women on the
Move, and is well known for her work with the National Association
of Minority Mortgage Bankers Association (NAMMBA), where she is a
member and panel speaker. Previously, she served as Vice President
of Marketing at InterLinc Mortgage and held marketing leadership
roles at NRL Mortgage and Envoy Mortgage.
"Cornerstone's strength starts with our caring, experienced team
members and our award-winning culture," said Scott Almy, Cornerstone President and CEO. "By
investing in talented leaders to augment our existing top-tier
teams, we are positioning Cornerstone for further growth and
innovation across multiple lines of business."
In less than two years since the company's historic banking
transformation, Cornerstone has grown its assets by 25% while
maintaining strong asset quality, doubled its funding sourced, and
raised more than $1 billion in
deposits. All the while, Cornerstone has maintained one of the
nation's highest FDIC insurance ratios and decreased its funding
costs by more than 300 basis points since 2022.
"With the backing of our fortress-like capital position, we've
successfully launched or grown an industry-leading in-house
mortgage loan servicing platform, new mortgage partnerships and
mortgage portfolio programs, consumer digital deposits, and
commercial lending," Almy said. "We're excited to extend that
growth into treasury sales and service later this year. We consider
these achievements a great start toward realizing our unique
opportunities and reaching our goal of serving more than one
million families, businesses and institutions nationally."
About Cornerstone Capital Bank
Based in Houston, Texas, Cornerstone Capital Bank is a
premier national provider of mortgage finance and servicing
solutions and banking services to businesses and consumers. The
organization's 1,500 team members across the country are guided by
a core Mission, Vision, and Convictions statement. Cornerstone has
served families and businesses in more than 600,000 mortgage
financing, commercial financing and deposit account relationships.
Cornerstone holds certified Fortune Great Place to Work®
status, is recognized as "Top Workplace" in major markets, and has
earned multiple Best Workplaces™ awards. Formed through the 2022
merger of Cornerstone Home Lending and The Roscoe State Bank,
Cornerstone Capital Bank has a combined operating history dating
back to 1906. Upon merger closing, Cornerstone was the highest
capitalized new bank in Texas
history. For more information,
visit www.cornerstonecapital.com.
Press Contact:
Henry
Drennan
Strategic Vantage Marketing & Public Relations
(615) 497-8358
HenryDrennan@StrategicVantage.com
Cornerstone Contact:
TL Nguyen
Vice President of Marketing
(713) 353-7505
TL@cornerstonecapital.com
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SOURCE Cornerstone Capital Bank