Jim Burson, EVP and chief revenue officer, for East Carolina Bank, announces that Gordon Smith has been promoted to senior vice president and mortgage banking executive.
“Gordon’s leadership skills and vast knowledge of the mortgage industry will be instrumental in delivering on our commitment to provide smart and effective mortgage solutions to our clients in eastern North Carolina” states Burson.  “Growth in our mortgage banking division is a critical component of East Carolina Bank’s vision to design financial road maps that substantively enrich and simplify lives.”
Smith joined East Carolina Bank last November as the mortgage regional manager for the Triangle market. In his new role, he will be responsible for the overall development and operations of the bank’s mortgage business. Smith brings to his position 20 years of diverse experience in the financial services, residential mortgage, and homebuilder affiliated industries. Within the residential mortgage industry, he has held various sales and management positions in the mortgage insurance (PMI, GE Capital), wholesale lending (Coastal Mortgage Group), homebuilder affiliated (BuildNet, Toll Brothers) and retail lending (Gateway Bank, Wells Fargo) sectors. His extensive experience provides the key to navigating today’s challenging landscape.
“I am looking forward to leveraging my industry experience and relationships to continue to position East Carolina Bank Mortgage as the premiere mortgage lender in our markets,” states Smith. “We intend to deliver the highest level of integrity and commitment to our customers, shareholders, associates and the communities we serve.”
Smith holds a bachelor’s degree in business management from N.C. State University and has completed the School of Mortgage Banking, Course I, from San Francisco State University. His strong drive toward civic sponsorship has resulted in membership and leadership positions with the Mortgage Bankers of the Carolinas, North Carolina Association of Mortgage Professionals and the National Association of Homebuilders.