Madison Simm brings over 25 years of financial services experience and successful leadership roles to Change Lending as the new CFO, following his position as real estate president at Texas Capital Bank.
Steven Sugarman, founder of The Change Company, views Simm's expertise in developing financial services businesses as crucial for Change Lending's growth and innovation.
Kari Hallowell, the previous CFO, will become the deputy CFO as Madison Simm takes the CFO role at Change Lending.
Change Lending, a CDFI since 2018, joined the Federal Home Loan Bank of San Francisco by purchasing $7 million in capital stock, offering various loan services including small-business, real estate investor, and renovation loans.
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