BRIDGEPORT, CT – People's United Bank , N.A. a subsidiary of People's United Financial, Inc. (NASDAQ: PBCT), today announced that Bradley Weaver has joined People’s United Business Capital (PUBCAP) as Senior Vice President, responsible for new business originations in Pennsylvania, Southern New Jersey, Delaware and Maryland. In this role Weaver will focus on providing senior secured asset based loan facilities to borrowers requiring between $5 million and $50 million.
Weaver will be based in the suburban Philadelphia King of Prussia office, and brings more than 25 years of secured lending experience to PUBCAP. His prior roles included various new business development positions with Webster Business Credit, First Niagara Bank, PNC Bank and Commerce Bank.
“Brad brings the experience, proven track record and an extensive contact network to the Asset Based Lending Group, which will support our efforts to build and grow our business in Pennsylvania, and expansion South into Delaware and Maryland,” said Mike Maiorino, Executive Vice President and President of People’s United Business Capital.
Weaver is currently the Vice President of the Commercial Finance Association, Philadelphia Chapter, and a member of the Association for Capital Growth. He received a B.S. in Business Management from The Pennsylvania State University.
About People's United Bank
People's United Bank, N.A. is a subsidiary of People's United Financial, Inc. (NASDAQ: PBCT), a diversified financial services company with $44 billion in assets. People’s United Bank, founded in 1842, is a premier, community-based, regional bank in the Northeast offering commercial and retail banking, as well as wealth management services through a network of over 400 retail locations in Connecticut, New York, Massachusetts, Vermont, New Hampshire and Maine.