Banks Gatchel – President

ABOUT BANKS

As President of LenderworksTM, Banks is responsible for creating and implementing the corporate
strategic plan, leading and motivating employees, overseeing business activities and helping the
company grow. Banks is passionate about making LenderworksTM a profitable company that is fun to
work for and a delight to customers.

Banks has over 25 years’ experience in the mortgage industry having worked at a credit union, a
national bank, a regional bank, a community bank and an independent lender during his career.
Immediately prior to joining LenderworksTM, Banks was a Senior Vice President at Sandy Spring Bank
where he most recently led the mortgage division’s production team and previously ran mortgage
operations. Prior to Sandy Spring Bank, Banks was the COO of 1st Portfolio Lending and
WashingtonFirst Mortgage.

Banks attended the College of William and Mary and graduated with a degree in Economics and
International Studies. Banks later earned his MBA from George Mason University. Banks lives in
Oakton, VA with his wife and three children.