NEEDHAM, Mass., March 08, 2022 (GLOBE NEWSWIRE) — Direct Federal Credit Union (www.direct.com) of Needham, MA, today announced that Greg Ryan has been named Senior Vice President of Commercial Lending. Ryan joins the credit union from Eagle Bank, where he served as Senior Vice President, Commercial Lender. He comes to Direct Federal with over 30 years of commercial lending experience at various Massachusetts community banks.
Ryan will be responsible for bringing Direct Federal’s commercial lending options to small businesses and real estate investors throughout Norfolk County and Middlesex. Commercial loans currently available include 1-4 family investment properties, 5-12 residential investment properties, owner-occupied commercial real estate, commercial vehicle loans, working capital lines and business credit cards. Direct plans to offer SBA loans in 2022.
“We are delighted to have Greg join our commercial lending team. We have long believed that the unique combination of great rates, easy access, and a stellar service position sets it apart from other commercial lenders. We are delighted that Greg shares this mission, and grow, as we seek to build our presence in the commercial lending industry,” said Joe Walsh, President and CEO of Direct Federal.
“Direct Federal is a progressive financial institution, and I’m thrilled to be part of the credit union’s business lending offering. Direct’s operating model is built around a digital-first philosophy, and their site Web Direct.com, will allow small business and real estate owners to do business with us anytime, anywhere, while enjoying great rates and personalized service.I have spent years at build relationships and look forward to being a continued trusted resource to the small business and real estate investor community.
Greg resides in Reading, MA, and is a member of the Burbank YMCA Advisory Board, as well as a member of the Reading Rotary Club. He is a former director of the Builders and Remodelers Association of Greater Boston. He is a graduate of the ABA Stonier Graduate School of Banking.
About Direct Federal Credit Union
Previously named one of Massachusetts’ fastest growing credit unions, Direct Federal Credit Union offers great rates, easy access, and outstanding service. Named a “Gold Winner” for Best Credit by Banker & Tradesman, the progressive nonprofit credit union reinvests its earnings into its members. Direct Federal provides an integrated suite of loan and deposit products and services, all enhanced with the simplicity and convenience of the latest online and mobile technologies. Direct Federal Credit Union is located at 50 Cabot Street, Needham, MA. For more information, please call 888.2DIRECT or visit www.direct.com.
Direct Federal Credit Union
Photo 1: Greg Ryan
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