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Press Release

CFG Bank Welcomes Jeff Cherry to its Board of Directors

CFG Bank announced the addition of Jeff Cherry to its Board of Directors.

BALTIMORE – Feb. 15, 2022 – CFG Bank today announced the addition of Jeff Cherry to its Board of Directors. With over 35 years of executive leadership and consulting experience, Cherry will support CFG Bank’s business strategy, stakeholder management and more.

Cherry is a seasoned CEO, hedge fund manager, entrepreneur, corporate executive, startup advisor and investor. He has advised many Fortune 500 companies on building high-performing organizational cultures and designs, and strategic and innovative business models. Additionally, Cherry is a Managing General Partner of the Conscious Venture Partners, LLC and Founder and CEO of Conscious Venture Lab, where he has guided and invested in many early-stage venture companies.

“We are excited to welcome Jeff to our Board. As an entrepreneur himself, Jeff propels innovation in everything he does and is a natural addition to our team,” said CFG Bank President/CEO Bill Wiedel. “Jeff has a no-limits attitude when it comes to creative problem solving. We look forward to working together to continue growing our business and delivering bold solutions to make change happen for the better and improve the lives of our clients, communities and employees.”

Cherry also sits on the Board of Directors for Hungry Harvest, LLC, and several nonprofits, including the Sinai Hospital of Baltimore, Johns Hopkins Technology Ventures, the University System of Maryland Momentum Fund, Upsurge Baltimore, Living Classrooms, the James Beard Foundation and many other philanthropic organizations.

About CFG Bank (www.CFG.bank)

CFG Bank, headquartered in Baltimore, Maryland, provides flexible financing and online banking solutions to the national healthcare and multifamily markets and the Mid-Atlantic region. CFG Bank is the 6th largest bank in the Baltimore area based on deposits and the largest that is based in Baltimore. CFG Bank has grown from $1 billion in assets at the end of 2019 to over $5 billion in assets at the end of 2023 and is among the five largest and most experienced healthcare bridge-to-HUD lenders in the country, serving its clients and helping them grow for over 30 years. CFG Bank transforms the banking experience by delivering big bank capabilities and expertise, coupled with relationship-driven boutique bank service. CFG Bank has branches in Lutherville and Baltimore City, and a cashless branch in Annapolis. For more information, visit www.CFG.bank, and follow CFG Bank on LinkedInFacebookInstagram and X.

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