Sarasota, Fla. July 31, 2013— Insignia Bank announces the hiring of Joe Adamaitis as Vice President Residential Lending Manager. He will be based out of Insignia Bank’s downtown office located at 333 North Orange Avenue, Sarasota, FL at the corner of Orange and Fruitville Roads.
Adamaitis has over 30 years experience working in the mortgage industry. His background includes building in-house mortgage departments for banks, independent lenders, and corporations, and founding and managing his own independent mortgage company that operated in five states. In addition to his professional duties, Adamaitis is beginning his second term as President of the Gulf Coast Mortgage Bankers Association where among other duties, he advocates for consumer interests in front of the US Government and various public entities.
“Insignia Bank is pleased to have Joe Adamaitis join our residential team,” said Charles G. Brown III, Chairman and CEO of Insignia Bank. “Joe’s wealth of experience in residential lending and expertise in the constantly changing industry will bring great value to Insignia Bank as well as to our clients”.
Insignia Bank is a locally owned and operated Community Bank with its downtown location at 333 North Orange Avenue at the corner of Fruitville Road in Sarasota, FL. Insignia’s other branch office is located at 5850 Fruitville Road at the intersection of Cattlemen Road in Sarasota, FL. Insignia Bank’s primary lines of business include consumer and commercial deposit services, commercial real estate lending, residential mortgages, and investment services. Insignia Bank is a member of the Federal Deposit Insurance Corporation and an Equal Opportunity Lender. Investment and other non-deposit products are not a deposit, not FDIC insured, and not guaranteed by the bank or any government agency and are subject to investment risks, including possible loss of the principal invested. www.insigniabank.com