Proficio Bank Management Team
Brad D. Hardy - former Chief Financial Officer & General Counsel of First Security Corporation, the second largest bank holding company in the West
Brad D. Hardy’s (Brad) role is as the Chief Executive Officer of Proficio Bank and a member of the Board of Directors of Proficio Bank Mr. Hardy has the ability to effectively operate a rapidly growing nationally focused bank with a large national mortgage subsidiary in a safe and sound manner. Mr. Hardy has over 25 years of broad and diverse experience in the banking, mortgage and bank-related industries. Mr. Hardy has held roles including Chief Financial Officer and General Counsel at First Security Corporation, a $22 billion bank holding company headquartered in Salt Lake City (1995 – 2000). While at First Security, Mr. Hardy was instrumental in First Security’s almost doubling in asset size from $ 13 billion in 1995 to $22 billion in 2000 and acquiring over 25 banks and financial services companies. First Security Corporation, prior to its acquisition by Wells Fargo in 2000, was the second largest independent bank holding company in the West. First Security operated almost 4000 banking centers in 7 states. First Security operated 150 residential mortgage and construction lending offices in 26 states through CrossLand Mortgage, First Security Bank and First Security Leasing. CrossLand Mortgage had annual mortgage originations in excess of $13 billion. Most recently, Mr. Hardy held a leadership role as Co-Chair of the integration of the First Security Corporation and Wells Fargo merger and other responsibilities (2000-2005). Earlier in his career, Mr. Hardy was in private practice at Ray, Quinney & Nebeker, a corporate law firm specializing in bank regulation, mergers and acquisitions, and corporate governance (1978 – 1995). Mr. Hardy received a BS in business management (1974), MBA (1975) and JD (1978) from the University of Utah.
Richard D. Holley - Former President of UnitedHealth Group’s Exante Bank
Richard D. Holley is the Chief Financial Officer of both Proficio Bank and NHB Holdings and serves as Corporate Secretary for both entities. Mr. Holley has extensive experience in the financial services industry in both senior executive leadership and consultative roles. Most recently, Mr. Holley was President and Chief Operating Officer of UnitedHealth Group’s Exante Bank, a multi-billion dollar processor of healthcare transactions and a national leader in health savings account administration. Prior to joining UnitedHealth Group, Mr. Holley was the Chief Financial Officer of BMW Bank of North America and served on BMW’s Global Banking Board in Munich, Germany. BMW Bank is a multi-billion dollar financial institution serving BMW customers in North and South America. His service on BMW’s Global Banking Board brought him experience establishing banking and other financial services entities in numerous countries around the globe. Previously, Mr. Holley was a founder and Chief Financial Officer of Cendant’s Wright Express Financial Services which became one of the most profitable banks in the nation. Mr. Holley started his career with Deloitte & Touche as a financial institution specialist serving such clients as First Security Corporation, U.S. Bank, Ginny Mae, and the United States Department of Justice on bank fraud issues. He later joined First Security Corporation as Vice President Internal Audit. Mr. Holley is very active in the community and is a member of the Board of Directors of Arco Packaging and Junior Achievement of Utah. He received Masters Degrees in both Business Administration and Accountancy as well as BS in Accountancy from Brigham Young University.
Terry L. Grant - former top ranked lender at U.S. Bank and division manager at Bank One, Royal Bank and Credit Lyonnais
Terry L. Grant is the Chief Credit and Lending Officer of Proficio Bank. Mr. Grant has over 22 years of lending management and specialty lending experience. Most recently, Mr. Grant was one of the top ranked lenders nationally at U.S. Bank with responsibility for managing all aspects, including underwriting and risk mitigation of a $100 million loan portfolio. Prior to U.S. Bank, Mr. Grant was the Utah Commercial Banking Division Manager at JP Morgan Chase / Bank One, a division that he lead to became one of the top performing divisions within the bank. Prior to Bank One, Mr. Grant was a Group Head at Credit Lyonnais in New York with responsibility for structuring, negotiations and global credit allocation for a $8 billion credit portfolio. Earlier in his career, Mr. Grant was a Senior Relationship Manager with Royal Bank of Canada in New York; Toronto; and Los Angeles, where he managed, analyzed and underwrote the credit requests of a large portfolio of major corporate and commercial banking clients. Mr. Grant began his banking career in Denver, where he was a commercial analyst and commercial loan specialist with Central Bank of Denver. Mr. Grant holds an MBA from Thunderbird, the American Graduate School of International Management. He is very active in the community, and currently serves as a board member for the Association for Corporate Growth (ACG), Utah chapter; MountainWest Capital Network; and Hale Centre Theatre. Mr. Grant is a former committee chairman of the Utah Bankers Association Commercial Banking Committee and alumni of Leadership Utah program through the Salt Lake Chamber of Commerce.
