ST. LOUIS, Dec. 1, 2015 – Scottrade Bank Equipment Finance today announced Jourdan Saegusa has been named as senior vice president and chief operations officer for the division.
“Jourdan has been the key architect of the system development activities since our inception and has helped chart the course for the platforms our company has and will utilize going forward,” said Fred Van Etten, president of Scottrade Bank Equipment Finance. “His experience in this industry and in helping clients grow their businesses is unparalleled.”
Saegusa was previously senior vice president of corporate development for Scottrade Bank Equipment Finance – responsible for the capital market and operational functions of the division. He has been with Scottrade Bank Equipment Finance since it began lease and loan originations in 2013.
He has more than 20 years of experience in the leasing field, previously working in senior roles at Popular Equipment Finance, a subsidiary of Banco Popular North America (BPNA), until it sold to TCF Equipment Finance, a subsidiary of TCF Financial, in 2009.
The division of Scottrade Bank specializes in originating, structuring and syndicating commercial leases, loans and finance agreements for U.S. businesses nationwide. The division completed its first full year in business in 2014 and continues to grow in size and stature due to the growth in the economy and as capital expenditure spending continues to improve in the country.
Scottrade Bank Equipment Finance was ranked number 83 in sales volume and number 65 in new business volume on the 2015 Monitor 100 ranking, published by the trade publication, The Monitor.
Scottrade Bank began operations in July 2008 and in 2011 began offering retail banking products and services to Scottrade® brokerage clients. In 2013, Scottrade Bank Equipment Finance was launched to originate and syndicate commercial equipment leases for U.S. companies. Today, Scottrade Bank is focused on offering retail banking services to Scottrade’s brokerage clients, equipment finance lending, commercial lending and commercial equipment financing.
For more information about Scottrade Bank Equipment Finance, visit www.sbef.com.
About Scottrade Financial Services, Inc.
Scottrade Financial Services, Inc. is a privately-held financial services firm with four key lines of business: Scottrade, Inc., a leading brokerage company; Scottrade® Advisor Services, which serves registered investment advisors; Scottrade Bank, a provider of online retail banking products and services, commercial lending and commercial equipment financing; and Scottrade Investment Management, providing investment guidance services. Scottrade, Inc. partners with more than three million retail clients to provide the trading services and investment solutions they need to overcome barriers to financial success. Scottrade pairs its large nationwide branch network with advanced online products and services to help clients gain insight into the market and react quickly to trading opportunities. Scottrade Financial Services, Inc. is based in St. Louis, Mo. For more information, visit about.scottrade.com or www.scottrade.com. To learn more about career opportunities at Scottrade, visit careers.scottrade.com. Brokerage products and services offered by Scottrade, Inc. Member FINRA and SIPC. Deposit products and services offered by Scottrade Bank, Member FDIC.
Scottrade®, Scottrade® Advisor Services, Scottrade Bank®, Scottrade Investment Management and the Scottrade® logo are the registered trademarks of Scottrade, Inc.