United Financials Capital, LLC hires industry heavyweight Jim Hoopes, Chief Lending Officer in Inver Grove Heights, Minnesota
MINNEAPOLIS, MINN (April 6, 2023) — UFC, the fast-growing commercial lending partnership put together last year by Minnesota’s credit unions, has added industry heavyweight Jim Hoopes as the Chief Lending Officer. In this new role, Jim will oversee both emerging and existing commercial lending strategies, as well as the risk management function for the lender.
With over more than 38 years of experience in residential and commercial real estate finance, Jim brings a wealth of knowledge and expertise to UFC. Prior to joining UFC, Jim held position with NorthMarq as a Senior Vice President – Senior Director, and originated more than $4 Billion in commercial mortgages representing all types of commercial and multi-family properties. Hoopes has a proven track record of success in managing lending portfolios, developing new lending products, and improving operational efficiency.
He is currently the President of Minnesota NAIOP commercial real estate association. NAIOP comprises 20,000+ members in North America and advances responsible commercial real estate development and advocates for effective public policy.
“We are excited to welcome Jim to our team as the Chief Lending Officer,” said Michael Dalglish, President/CEO. “With Jim’s extensive experience in the commercial real estate industry and successful track record, we are confident that Jim will help us continue to grow and succeed. We look forward to working with Jim to provide exceptional lending solutions to our clients.”
As Chief Lending Officer, Jim will be responsible for overseeing all lending activities, including developing and implementing lending strategies, setting lending policies, and ensuring compliance with all lending regulations. Hoopes said he is excited to join the team at UFC and looks forward to working closely with the lending teams to develop new products and services that meet the evolving needs of our credit unions and clients.
About United Financials Capital, LLC
United Financials Capital, LLC (UFC) was established by four Minnesota credit unions, Affinity Plus Federal Credit Union, Hiway Credit Union, SPIRE Credit Union, and TopLine Financial Credit Union, to collaborate and partner on lending opportunities throughout Minnesota and the Upper Midwest. UFC will facilitate collaboration and drive organizational efficiencies through lending services, allowing credit unions to enter the commercial loan participation marketplace immediately. To learn more visit: www.UnitedFinancialsCapital.com or contact Michael Dalglish at 651-273-2696 or Mike.Dalglish@UnitedFinancialsCapital.com