Comment on New CertusBank CEO: 'We have to be judicious in how we spend money'

New CertusBank CEO: 'We have to be judicious in how we spend money'

New CEO John Poelker says fixing CertusBank will require cleaning up its troubled loan portfolio, bringing expenses and revenue into equilibrium and reminding employees and clients that the lender is financially stable — despite recent allegations of improper spending by its former management team.  And, for the record, he's not cleaning up the company for a quick sale.  "There has been no instruction from the board to clean up this baby so they can sell it.

 

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