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  • Writer's pictureKelsie Papenhausen

Lenders Cooperative Grows Executive Team With Additions...

...of New Head of Client Success, Managing Director

Industry veterans Liz Flowers and Phil Maurer join new FI-owned, SMB lending cooperative

Mechanicsburg, PA – June 20, 2023 – Lenders Cooperative, a client-owned cooperative that represents a community of forward-thinking banking institutions, announced that it is growing its executive team with the addition of two new hires: Liz Flowers as the company’s new Head of Client Success, and Phil Maurer as Managing Director.

Flowers is an experienced financial technology professional, most recently serving as Senior Product Manager for SBA Lending at U.S. Bank, where she led SBA program transformation with initiatives that touched credit policy, process and procedure, pricing model, and an SBA online application. Liz also spent several years at Live Oak Bank where she was the Product Owner for the Live Oak Bank nCino and PPP Programs, leading multiple teams to deliver custom DocuSign, E-Tran and book-to-core integrations that produced over 10,000 PPP loans totaling over $1 billion. In her role as Head of Client Success, she will work closely with Lenders Cooperative’s internal product teams and its financial institution clients to ensure maximum return on investment of their business lending programs.

Like Flowers, Maurer brings a wealth of proven industry experience to his new role as managing director, and joins Lenders Cooperative from nCino, Inc. where he served as the Regional Vice President and Senior Product Specialist. Prior to his time at nCino, Maurer gained extensive experience as a banker, serving as Senior Vice President at Parkway Bank & Trust Company; Vice President at FirstMerit Bank; Vice President at Bank of America and Vice President at Wintrust Financial Corp., among others. As managing director for Lenders Cooperative, Maurer will be responsible for business development and client acquisition strategies to drive growth within the Midwest region.

“Our financial institution clients choose to work with Lenders Cooperative because of our unique combination of best-in-class technology paired with deep industry experience,” said Cary Cooper, CEO of Lenders Cooperative. “As an organization of bankers working together to help other bankers succeed, Liz and Phil are perfect additions to what we are building, and I look forward to working closely with them as we continue to redefine how financial institutions bring business banking to market.”

About Lenders Cooperative

Lenders Cooperative is a client-owned cooperative representing a community of over 140 and growing forward-thinking banking institutions leveraging best-in-class loan origination software coupled with shared services, including credit underwriting, SBA LSP support, bank operations and white labeled call center support. With solutions built and supported by veteran bankers, the Cooperative also offers customers a deep knowledge base, the ability to exchange best practices and a direct role in guiding the development and implementation of new technologies.

Lenders Cooperative helps community and regional financial institutions think differently on modernizing their lending solutions, improving internal workflow processes, and streamlining back-office operations so they can focus on their real strength - supporting their customers. Visit the Lenders Cooperative community today to join and learn more.


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