Senior Vice President, National Sales Director

Ray Morandell
Senior Vice President, National Sales Director

Ray Morandell joined the Crestmark team in November 2008.

Morandell, with 25 years of experience in the commercial finance industry, is responsible for leading and developing the sales origination and strategic alliance efforts of Crestmark. Before joining Crestmark Bank, Ray served as SVP and National Sales Manager of the Commercial Finance Division at Textron Financial Corporation. He has also held credit, sales and leadership roles with GE Capital Corporation, PNC Bank and RPM Financial Group, an investment banking and advisory firm he founded.

He holds a B.S. in Economics from Allegheny College, an M.S. in Applied Economics and Finance from the University of Delaware, and a graduate degree in banking and credit from the Stonier Graduate School of Banking.

Morandell is a member of the Commercial Finance Association, Turnaround Management Association and Association for Corporate Growth, in addition to several other industry and regional associations.

He is a member of the Crestmark executive management team.

You can contact Ray at 248.267.1642 or rmorandell@crestmark.com.