Merchants Bank of Indiana adds new vice president

Merchants Bank of Indiana has hired Tony Holtzman as a Small Business Administration professional.

Holtzman, a founding member of First Colorado National Bank, will hold the position of Vice President of SBA Lending at the company’s Indianapolis office. Holtzman has more than 25 years of Commercial, SBA 7a, SBA 504, USDA CRE Wholesale loan production sales, credit administration, portfolio management and underwriting experience in the Midwest.

“We are thrilled to welcome Tony to the Merchants family,” said Michael Petrie, chairman and chief executive officer of Merchants Bank of Indiana, in a statement.