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LANB hires new chief credit officer

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Los Alamos National Bank announced the hiring of Thomas (Tom) M. Lilly as chief credit officer this week.
Lilly brings more than 25 years of community banking financial management experience overseeing credit administration, underwriting, loan operations and collections for several Mid-Western regional banks.
“Tom is a great addition to LANB,” said Steve Wells, president, “he brings valued expertise to the credit quality function of the organization and will make us a better bank”.
Lilly will oversee all credit administration of LANB and will lead the lending and credit operations in assuring strong asset quality and effective credit risk management.
Upon accepting the position, Lilly said, “I’m excited to work for a community bank with the stature of LANB. I want to ensure that LANB continues to be an active and effective lender in the communities it serves.”
 Lilly has served on a number of non-profit boards in Milwaukee, Wisconsin including the American Cancer Society, the Children’s Hospital and the Ronald McDonald House. He is particularly interested in serving the needs of children in the community.