Liberty Bank in Middletown, CT, appoints head of resort finance division, announces promotions.
Middletown, CT (March 7, 2012) –– Liberty Bank recently announced the promotions of Don Peruta to Senior Vice President and Manager, Resort Finance Division, and Sebastian Gromowski to Assistant Vice President in the division.
Peruta, who has been with the bank since 1996, has served in various capacities including senior credit analyst, commercial loan officer, leasing officer and senior resort finance loan officer. Gromowski had been Senior Loan Underwriter in the timeshare division of Textron Financial before joining Liberty as Portfolio Manager in the resort finance division in 2009.
Wellington Financial President Ron Goldberg (Wellington serves as the bank’s the exclusive Resort Finance lending correspondent) says, “Liberty Bank has had a strong record of growth these past few years, despite the impact of the economy, which is being reflected by their need to grow their resort finance team. They can attribute much of their success to their focus on developing and retaining outstanding people such as Don and Sebastian.”
(Photo captions: Top right – Don Peruta, Senior Vice President and Manager, Liberty Bank Resort Finance Division; bottom left – Sebastian Gromowski, Assistant Vice President, Liberty Bank, Resort Finance Division.)
ABOUT LIBERTY BANK
Established in 1825, Liberty Bank (Liberty-Bank.com), based in Middletown, Connecticut, is the state’s oldest mutual bank, with more than $3.4 billion in assets. Liberty Bank has been actively lending to the timeshare industry throughout the U.S. for over 30 years. The bank’s commitment to superior service has resulted in lending relationships with some of the industry’s largest and most successful developers. Member FDIC. Equal Housing Lender.
ABOUT WELLINGTON FINANCIAL
Wellington Financial is the exclusive Resort Finance lending correspondent for Liberty Bank and specializes in lending to developers of timeshare resorts, fractional resorts and retail land. Founded in 1981, the finance and service company offers a full range of products, including receivables hypothecation, purchase and conduit facilities; pre-sale and working capital lines of credit; acquisition, construction and renovation financing, as well as mezzanine and equity debt financing. President Ron Goldberg serves on the Board of Directors for the American Resort Development Association (ARDA).
Media Contact for Wellington Financial & Liberty Bank:
Sharon Scott, RRP
SOURCE: Liberty Bank