Bank / Credit Union

BankProv to expand digital asset team to cater to cryptocurrency community.

January 27, 2022

BankProv, a commercial bank, is expanding its digital asset team to meet the needs of the cryptocurrency community. Last year, the bank extended a line of credit backed by Ether, launched equipment and infrastructure loans for cryptocurrency mining and introduced APIs for client to client transfers, according to a press release.

The team will include:

• Joe Kenney, EVP and chief lending officer.
• Paul Mansfield, SVP, director of specialty lending.
• Ryan Fox, VP, specialty lending.
• Max Rossignol, specialty lending portfolio manager.
• Bill Papp, VP of digital asset banking.
• Zachary Swickler, VP of business development.

"For several years, BankProv has been focused on creating customized solutions and robust fiat banking products for all business types in the cryptocurrency space," Dave Mansfield, CEO of BankProv, said in the release. "The growth of our Digital Asset team will help us solidify our mission and provide much-needed banking services to an underserved market."