WebBank is pleased to announce the appointment of Kelsey Hardy as the Senior Vice President – Business Development.

Kelsey joined WebBank in December 2015, bringing more than ten years of business development, contract structuring, negotiating and oversight experience. During her tenure at the Bank, Kelsey has held various positions in Compliance, Due Diligence & Implementation and most recently, as Vice President - Business Development.

In her new role, Kelsey is responsible for leading the Business Development team in sourcing and structuring new Strategic Partner programs, as well as driving strategy associated with new products through existing Strategic Partner platforms and expansion into new target market verticals.

“Business Development is a critical component of the Bank’s long-term strategic goals, and Kelsey has the experience and industry knowledge to lead this team in sourcing and structuring programs and products with both new and existing Strategic Partner platforms, as well as expanding the Bank’s efforts into new verticals” said Jason Lloyd, President & CEO. “Kelsey’s ability to vet, negotiate and structure new products and programs with Strategic Partner platforms is well suited for this role.”

About WebBank

WebBank is a Utah chartered Industrial Bank headquartered in Salt Lake City, Utah. Since its inception in 1997, WebBank has originated and funded over $165 billion in consumer and commercial credit products. As “The Bank Behind the Brand^®”, WebBank is a national issuer of consumer and small business credit products through Strategic Partner (Brand) platforms, which include retailers, manufacturers, finance companies, software as a service (SaaS) and financial technology (FinTech) companies. The Bank is a leading player in the digital lending space, driving innovation in financial products through embedded finance with Strategic Partner platforms. WebBank engages in a full range of banking activities including consumer and commercial loan products, revolving lines of credit, credit cards, private-label card issuance, auto-refinancing and more. The Bank provides capital in the form of asset-based lending and other credit facilities to Strategic Partner platforms, credit funds, and other lenders with a targeted focus on specialty finance assets. The Bank is also a leading provider of commercial insurance premium finance products through its wholly owned subsidiary National Partners. For more information, please visit www.webbank.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230119005550/en/