Denver-based Fortis Private Bank has opened a loan production office in Salt Lake City.
Fortis has hired four people to initially staff the new location headed by Jeremy Lowry, executive vice president for private banking and residential lending. Also at the new bank will be Preston Keller, managing director of private banking; Cathy Jensen, director of private banking; and Martha McGraw, private mortgage banker.
“The healthy and diverse economic climate in Salt Lake City makes it a natural fit for the world-class knowledge and service provided by Fortis Private Bank in their pursuit to bring better banking services to high-net-worth individuals, families and private business owners,” Fortis said in a statement.
Prior to Fortis, Lowry was a senior vice president at Zions Bank where he led residential lending. He has also held leadership positions at US Bank and Novastar.
Keller has over 17 years of banking experience and was most recently senior vice president and regional director at Zions Bank in Salt Lake City. Jensen also came from Zions where she was a vice president and relationship manager in Murray. McGraw also held senior positions at Zions.
“We’re proud to have reached the milestone of $100 million in funded residential loans and we couldn’t be more thrilled to announce our new Salt Lake City office,” said Brian Soeldner, Fortis CEO. “We are honored to have the opportunity to make a long-term commitment to Salt Lake City and Utah and we look forward to serving the high-net-worth community and realizing our growth potential in this market.”