Gabriel Delgado to Manage Growing Mortgage Lending Team

Marine Bank has announced that Gabriel Delgado has joined the 24-year-old community bank as Vice President, Mortgage Lending Director.  He is responsible for leading the bank’s expanding residential real estate lending team, growing its productivity, increasing Marine Bank’s presence and competitiveness within Indian River, Brevard County and St. Lucie counties, and ensuring high quality customer service and maximum profitability.

Delgado began his banking career more than 25 years ago as a residential lender and most recently, served as the Vice President, Business Banking for PNC Bank. In that role, he advised his Fort Pierce, Okeechobee and Port Saint Lucie customers on banking solutions, loan options, cash management services, and credit conditions.

“Gabriel shares Marine Bank’s passion for developing relationships and helping people achieve the dream of home ownership,” said Bill Penney, President and CEO of Marine Bank. “As the leader of our growing mortgage lending team, Gabriel’s in-depth knowledge of lending and underwriting and his close relationships with customers, realtors and builders is an exceptional model for others to follow.  As the desire for homeownership increases, so does the competition to provide home mortgages.  Our goal is not to compete on rate and terms alone, but on trust and the overall lending experience.”

To meet the demand in 2021, the Bank has doubled its number of residential lenders.  In 2020, Marine Bank closed 221 residential loans totaling $61 million enabling its customers to buy homes or lower their existing loan rate.