United Bank Recruits Ron Wiltshire to Join its Private Mortgage Banking Team in Eastern Massachusetts
William H.W. Crawford, IV, Chief Executive Officer of United Financial Bancorp, Inc. (NASDAQ: UBNK) and United Bank of Glastonbury, Conn., today announced that they have hired Ron Wiltshire of Andover, Massachusetts as a Private Mortgage Banker, joining the mortgage banking team that covers the eastern Massachusetts market for United.
Wiltshire has n
early 20 years of experience in mortgage lending as well as banking and insurance. In his role as a Private Mortgage Banker, he will assist clients with their mortgage banking needs, including jumbo loans and portfolio lending. Wiltshire will also provide step-by-step advice for first time home buyers going through the mortgage process.
Prior to joining United Bank, Wiltshire spent more than seven years with Mortgage Company/Financial Institution where he served as a Private & Executive Mortgage Banker, Senior Mortgage Originator and Senior Loan Officer. In those roles, he originated residential loans for customers in the New England, New Jersey, New York and Florida markets and specialized in first time home buying, jumbo loan clients and portfolio lending.
Wiltshire, a graduate of the New England College of Finance, was also an Account Executive with Sallie Mae Home Loans and Northeast Account Executive for United Guaranty Corporation from 2000 to 2004 where he sold private mortgage insurance to banks and credit unions.
“We have a strategic growth strategy when it comes to expanding our footprint but we also have a strategic recruitment strategy to place the best bankers in those markets. That approach has helped us increase the number of experienced and reputable mortgage bankers at United from 12 to 37 in just two years,” said Crawford. “As a result, we’ve been able to grow our mortgage banking line of business at a much faster pace than our competitors while at the same time achieving record loan origination and securing greater market share. I am confident Ron will be an integral player for us in eastern Massachusetts’ market not only with his mortgage banking background but his proven ability to build strong relationships and delivering exceptional customer service.”
In addition to Wiltshire, the mortgage team covering eastern Massachusetts is led by Jim Picciotto (Vice President, Sales Manager) with the following Private Mortgage Bankers: Luke Ostrowski Rick Renaud, Eric Risley and Leonard Tocci.
United Financial Bancorp, Inc., the holding company for United Bank, reported record quarterly origination volume for residential mortgage loans in the fourth quarter of 2014. For Q4 2014, mortgage originations increased by $62 million to $122 million (increase is from Q4 2013 to Q4 2014) while the Company continued to take market share throughout its expanding footprint in Massachusetts and Connecticut. According to the Mortgage Bankers Association, home lending fell by 36% in 2014 while United grew by 35% during that same period.
United’s mortgage banking team has also increased from 12 to 37 commissioned mortgage loan officers, which has resulted in significant market share growth for the Bank in every market.
For more information on United Bank, please visit www.bankatunited.com
. Clients can reach Wiltshire directly by calling (617) 366-6517 or by emailing him at firstname.lastname@example.org