NHB Holdings, Inc.

NHB Holdings, Inc. was formed in October 2004.  In 2007, the company acquired Volvo Commercial Credit Corporation of Utah, an industrial bank, which was converted into a commercial state chartered bank and renamed Proficio Bank.


Proficio Bank is a Utah chartered commercial bank located in Salt Lake City and is regulated by the Utah Department of Financial Institutions and the FDIC.  Proficio Bank received regulatory approval from the FDIC and began its banking operations in early 2007.  Proficio Bank is the wholly-owned subsidiary of NHB Holdings, Inc., a Florida corporation and qualified bank holding company.  Proficio Mortgage Ventures, LLC (“PMV”), is a Delaware limited liability company, is a wholly-owned subsidiary of Proficio Bank: headquartered in Orlando, Florida.

Proficio Bank specializes in commercial lending, small business lending, retail mortgage lending, and reverse mortgage lending.   Proficio Bank and its commercial lending division utilizes a niche strategy of serving the financial services needs of the corporate relocation industry and commercial lending services to small and middle-market borrowers in the Salt Lake City, Utah area.  The Bank’s mortgage operations, operating nationally, continue to grow in production and earnings.

Proficio Bank has offices in Salt Lake City, Utah.  PMV, headquartered in Orlando, Florida, has several mortgage production offices throughout the United States.