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Merchants Mortgage Adds Two to Correspondent Lending Division

CARMEL, Ind. – Merchants Mortgage, a division of Merchants Bank of Indiana (NASDAQ:MBIN) (“Merchants Bank”), today announces the hiring of Reija Eden and Bryan Neitzelt as Correspondent Account Executives. Eden and Neitzelt will join the Western Region Sales Division at Merchants Mortgage, focusing their business efforts along the West Coast.

                   Reija Eden

Eden joins the team at Merchants with more than 20 years of experience in the mortgage industry, having held various positions at JMAC Lending, Newfi Lending and Carrington Mortgage. She brings a breadth of expertise to her new role, specifically in underwriting, sales production, business development and operations. In her most recent position with JMAC Lending, Eden was responsible for soliciting wholesale and correspondent business throughout the Orange County region. She is a graduate of the Marketing Institute in Helsinki, Finland and holds a degree in international business.

                 Bryan Neitzelt

Before joining Merchants Bank, Neitzelt most recently served as a correspondent account manager at Northpointe Bank in Grand Rapids, Michigan. In this role, he was responsible for the day-to-day management and support of the division’s client relationships, serving as the main point of contact for client questions and capital market issues. Neitzelt also oversaw submission of new client applications and managed the recertification process for all company clients. Neitzelt holds a bachelor’s degree in business finance from John Carroll University.

In their new capacities as Correspondent Sales Executives for Merchants, Eden and Neitzelt will be responsible for cultivating relationships with and acquiring new clients primarily in the Western Region of the US. They will manage and offer guidance in relation to the purchasing of loans, ensuring high-quality acquisitions that will remain profitable on the secondary market.

“We are very excited to welcome Reija and Bryan to our Merchants team,” said Rob Wilson, Vice President of Correspondent Lending at Merchants Bank. “Our fresh approach to mortgage banking and lending propels our company and our clients forward. We take pride in our clients’ decision to partner with us, and are confident Reija and Bryan are well suited to further support this mission as we continue to expand the Merchants footprint across the nation.”

To learn more about Merchants Bank of Indiana, visit www.merchantsbankofindiana.com or find Merchants Bank on Facebook, LinkedIn, Twitter and Instagram.

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