Crestmark promoted Jarrad W. LaCroix to underwriter and officer and Carlos Vargas to account executive and first vice president in the West Division.

“These professionals bring experience and insight to clients in our West Division and they position us for continued growth,” said Pat Haney, Crestmark executive vice president and West Division president. “We are pleased to expand their roles to more fully serve our team.”

LaCroix will be based in Baton Rouge, LA and report to Jerry Friedrichs III, vice president, West Division underwriting manager. LaCroix joined Crestmark in 2017 and previously worked as a field examiner for Capital One.

Vargas will be based in Los Angeles and report to Julie Halbert, senior vice president, Western Division portfolio manager. Vargas joined Crestmark in 2015, with more than 20 years of banking experience including: VP, account executive for First Capital; VP, senior underwriter for First California Bank; VP, portfolio banker for Community Bank; VP for California General Bank; VP, relationship manager for Americas United Bank; VP for Alliance Bank and AVP, account executive for FINOVA Capital.