Podcast: How a neighborhood bank improved its customer home mortgage program

How does a neighborhood bank whose support was home mortgage financing make business sustainable in a time when home mortgages have significantly transferred to the nonbank sector? “We made a conscious decision,” states Benjamin Bochnowski, CEO of $2 billion-asset Peoples Bank in Munster, Indiana. “We had to modernize it and help it grow; it couldn’t exit as a small mortgage operation that only originating $40 million a year in mortgages.”

On the current episode of the podcast — sponsored by Intrafi — Bochnowski, who is likewise president and CEO of Peoples’ moms and dad business Finward, speaks about how Peoples Bank constructed a property home mortgage operation that represents a 3rd of its realty financing portfolio which come from about $80 million in home mortgages in 2015 for portfolio (with more offered in the secondary market). He likewise speaks about how the bank released brand-new underwriting and maintenance platforms to enhance functional effectiveness and improve consumer experience.

Bochnowski likewise talks about how Peoples Bank looks for to embody its shared heritage even after its stock conversion, the bank‘s natural development method and chances for M&An offers, and his own profession journey in neighborhood banking.

If you can’t see the audio gamer above, click on this link to listen to today’s episode.

This episode is sponsored by Intrafi.

In this episode:

Podcast How a community bank boosted its consumer mortgage program

Benjamin Bochnowski
President and CEO
Finward Bancorp

1667838487 437 Podcast What corporate CFOs can tell us about the direction

Evan Sparks Editor-in-Chief ABA Banking Journal


A news media journalist always on the go, I've been published in major publications including VICE, The Atlantic, and TIME.

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