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Industry News

CFG Bank Named #3 Top Loan Producer

Independent Banker Recognizes CFG Bank as Top Commercial Lender With Assets Over $1 Billion

CFG Bank (CFGB) is proud to announce the company was recognized as a Top Loan Producer, ranked third in the commercial lender with assets totaling over $1 billion category, by Independent Banker, an award-winning magazine from the Independent Community Bankers of America (ICBA). CFG Bank’s recognition, which rose from its 16th place ranking last year, is based on the strength of its competitive banking services and operational efficiencies throughout 2021.

ICBA’s annual Top Loan Producers list demonstrates the strength of personal connections to create a pathway for success as agricultural, commercial, and consumer and mortgage lenders. It showcases the importance of sound and efficient banking practices and their local knowledge and expertise in adapting to shifting market dynamics and evolving customer needs.

“We are thrilled to be recognized as the number three top loan producer in this year’s ICBA list,” said CFG Bank President and CEO Bill Wiedel. “This rank is a testament to how we do things differently and more creatively to transform the banking experience. With our team’s entrepreneurial approach and competitive edge, we take on our clients’ goals are as our own and execute customized solutions to help them succeed. Our clients’ success is our business, and it is a commitment we don’t take lightly.”

The annual list is based on the strength of operational efficiencies and competitive banking services to calculate a lender score for each bank, using FDIC data from 2021. This score combines the average of the bank’s percentile for lending concentration and loan growth over the past year in each lending category and asset size, which is adjusted for loan charge-offs at certain percentile thresholds.

View the ICBA Top Loan Producers list, here.

About CFG Bank (www.cfg.bank)

CFG Bank provides commercial, personal, and online banking solutions to the Mid-Atlantic business community, national cannabis industry and national healthcare market. Locally owned and operated, the Bank dates back to 1927 when La Corona Building and Loan Association, Inc., was formed to meet the financial needs of Highlandtown and East Baltimore residents. Though the name has changed since 1927, CFG Bank prides itself on delivering big-bank capabilities and expertise with relationship-driven community bank service. The bank is headquartered in Baltimore, Maryland, with branches in Lutherville/Towson and Baltimore City.

About ICBA

The Independent Community Bankers of America creates and promotes an environment where community banks flourish. ICBA is dedicated exclusively to representing the interests of the community banking industry and its membership through effective advocacy, best-in-class education, and high-quality products and services.

With nearly 50,000 locations nationwide, community banks constitute roughly 99 percent of all banks, employ nearly 700,000 Americans and are the only physical banking presence in one in three U.S. counties. Holding nearly $5.9 trillion in assets, over $4.9 trillion in deposits, and more than $3.5 trillion in loans to consumers, small businesses and the agricultural community, community banks channel local deposits into the Main Streets and neighborhoods they serve, spurring job creation, fostering innovation and fueling their customers’ dreams in communities throughout America.

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