Sunwest Bank Expands Leadership with Chad Sprunt's Appointment
Sunwest Bank has recently announced the appointment of
Chad Sprunt as its new
Senior Vice President and
Utah Regional President-North. With over 15 years of extensive experience in the banking sector, Sprunt is set to undertake a pivotal role within the organization, spearheading the development and management of banking relationships throughout the northern Utah market.
In his new position, Sprunt will be tasked with overseeing all aspects of profitability, strategic planning, and policy formulation focused on the region. His aim is to enhance revenue growth through the cultivation of existing client relationships while targeting prospective clients, thereby implementing a cross-functional approach to achieving the bank's strategic objectives.
Carson Lappetito, the president of Sunwest Bank, expressed his excitement about Sprunt's addition to the team. He asserted, “Chad's vast experience in commercial banking makes him a tremendous asset for our operations in Utah. We are confident that his skills and insights will bring significant advantages for our clients.”
Before taking on his role at Sunwest Bank, Chad Sprunt served as an
SVP/Commercial Banking Regional Director at
Zions Bank. There, he led a team focused on expanding loans and deposits, as well as non-interest income for businesses earning between $10 million and $100 million annually. His prior experience also includes managing and enhancing business banking portfolios at
JP Morgan Chase.
Sprunt's educational background includes a degree in Business Administration from the
University of Utah, where he gained foundational knowledge in banking and finance. Active in community leadership, he has served on the Board of Governors for the
Ogden Chamber of Commerce, detailing his commitment to fostering strong business relationships and community development in the region.
“I am honored to join such a wonderful organization,” commented Sprunt. “Sunwest Bank's entrepreneurial spirit stands as the best-kept secret in the banking sector, and I am eager to contribute to its growth trajectory in Utah.”
Founded in 1969, Sunwest Bank is recognized for its commitment to serving entrepreneurs, privately held corporations, family offices, small to medium-sized businesses, and real estate developers across the Western United States. Currently, the bank boasts over
$3.0 billion in assets and maintains operations across states such as
California, Arizona, Idaho, Utah, and
Florida. As a privately held commercial institution, Sunwest Bank continues to prioritize exceptional service while embracing innovative banking solutions to meet clients' needs.
For further information about Sunwest Bank and its suite of services, visit
Sunwest Bank's Official Website.