Examples of FinWise Bank in a sentence
Landvatter joined FinWise and its wholly-owned Utah state-chartered banking subsidiary, FinWise Bank (the “Bank”), in September 2010 as the President and Chief Executive Officer.
The Borrower will use the proceeds from the sale of each Note solely (i) to purchase participation interests in loan and interest receivables (in any non-payday loan product), originated by FinWise Bank, (ii) to fund certain fees and expenses associated with the consummation of the transactions contemplated by this Agreement, and (iii) subject to excess availability under this facility, to transfer funds as permitted under this Agreement.
He is currently licensed to practice law in Utah and Washington, D.C. CCO/CRO/EVP Over 120 Years of Combined Banking Experience 1 Mr. Landvatter is CEO and President of FinWise Bancorp and CEO of FinWise Bank.
Similar to the relationship with FinWise Bank, CCB initially provides all of the funding, retains 5% of the balances of all of the loans originated and sells the remaining 95% loan participation in those Rise installment loans to a third-party SPV, EC SPV, Ltd.
FinWise Bank initially provides all of the funding, retains 4% of the balances of all of the loans originated and sells the remaining 96% loan participation in those Rise installment loans to a third party SPV, EF SPV, Ltd.
Significantly Well-Capitalized Note: Q1 ‘22 financial data is as of March 31, 2022; Q4 ‘22 financial data is as of December 31, 2022; Q1 ‘23 financial data is as of March 31, 2023; FinWise Bank elected to opt into the Community Bank Leverage Ratio framework starting in 2020.
For purposes of this Agreement, employment shall mean that Executive’s service as an executive of the Company or its subsidiary, FinWise Bank, is not interrupted nor terminated.
The addresses and email addresses of the Parties are as follows: To Bank: FinWise Bank 000 Xxxx 0000 Xxxxx Xxxxx, XX 00000 Attention: [***] and FinWise Bank 000 XXX Xxxxx, Xxxxx 000 Xxxxxxxxx, XX 00000 Attention: [***] To Service Agent: Opportunity Financial LLC 000 X Xxxxxxxx Xxxxxx, Suite 3400 Chicago, IL 60601 Attention: [***] With a copy (which shall not Xxxxxxxxx Traurig, P.A. constitute notice) to: 000 XX 0xx Xxxxxx, Xxxxx 0000 Xxxxx, XX 00000 Attention: Xxxxxx Xxxxx, Esq.
TENANT: FinWise Bank In the event this Rider to Lease is in any way inconsistent with or contradicts the terms of the form portion of the Lease, this Rider shall control.
Upon execution and delivery of a Deferral Agreement the Company shall withhold from the Executive's Compensation the Deferred Amount set forth in the Deferral Agreement.