Shawn Haines promoted to Assistant Vice President/Credit Manager

Shawn Haines, Credit Manager at MBEF

 

Shawn Haines has been promoted to Assistant Vice President/Credit Manager at Merchants Bank Equipment Finance (MBEF), according to Corey Hothan, Vice President of Operations at MBEF.

“Shawn has demonstrated a positive attitude, excellent customer service skills and continues to be a valuable contributor to the MBEF team and our success,” Hothan said.

Haines has been with MBEF since 2011, serving most recently as Credit Underwriting Manager. He has over 20 years of financial analysis experience, which includes equipment leasing and floor planning.

“It’s very nice to receive the recognition,” said Haines, “Merchants really supports its team by growing and developing our employees. Plus, the fact that we’re employee owned and our stock evaluation continues to improve is a sign of a great organization.”

Haines is responsible for overseeing underwriting, reporting and maintaining credit quality at MBEF.

“The people I work with are great,” said Haines, “There are so many important pieces, and we work well as a team. We get the job done.”

Today, MBEF has 11 employees and has continued to make a significant impact to the bottom line for Merchants Financial Group, Inc. MBEF primarily provides equipment lease and loan financing options to businesses located throughout the central U.S. and also partners with other finance companies in equipment finance transactions outside its marketing footprint.  MBEF finances tangible assets over terms of 2 to 10 years on equipment with values generally ranging from $50,000 to over $10 million. MBEF serves many industries, including construction, transportation, healthcare, manufacturing, food and agriculture.

Bobbi Kasel Promoted

KaselBobbiBobbi Kasel has been promoted to Assistant Vice President/Personal Banking Manager, according to Merchants Bank in Hastings President Bruce Goblirsch.

Kasel started with Merchants in 2004 as a Customer Service Representative, was promoted to Personal Banking Officer in 2005, and became the compliance officer for the Twin Cities Region in 2007.

“Bobbi has done a great job in building our consumer lending business, and she has been instrumental in the growth and development of our bank in Hastings,” Goblirsch said. “Her knowledge of our customers and their financial goals has been an important part of our growth.”

In addition to her other responsibilities, Kasel manages the customer service and teller staff in Hastings.

“It’s a pleasure to serve our customers and meet their financial needs in whatever way we can,” Kasel said. “We have a great team here in Hastings, and I’m glad to be a part of it.”