Hatch Bank Adds New Executives, Strengthening its Leadership in Sponsor Banking

Amanda Swoverland appointed as President and Francis Mitchell joins as Chief Financial Officer to bolster bank’s embedded fintech operations

SAN MARCOS, Calif.--(BUSINESS WIRE)--Hatch Bank, ("Hatch" or "the Bank"), a purpose-built, tech-forward sponsor bank that provides specialized financial products and services, today announced the appointment of Amanda Swoverland as President and Francis Mitchell as Chief Financial Officer. With these appointments, Hatch is elevating leaders known nationally for their deep expertise in bank sponsorships, partner management, and the operational and risk management discipline required to build high-performing embedded fintech programs.

Swoverland and Mitchell join a deeply talented team at Hatch with a clear long-term vision for responsible growth in the Bank–fintech partnership ecosystem. In the past year, Hatch has established itself at the forefront of the sponsor banking industry, doubling its lending partnerships and nearly tripling its earnings from 2024 to 2025.

“Hatch Bank already has an outstanding team: leaders with deep fintech expertise and a shared commitment to responsible, growth-oriented fintech partnerships. Its clarity of vision and long-term investment in the fintech industry as a purpose-built sponsor bank is what drew me here,” Swoverland said. “I’m energized to join a group of executives who understand the unique responsibilities of sponsorship banking. I look forward to working with them to deepen partner relationships and build on the strong foundation already in place.”

Over the past two decades, Swoverland has built a reputation as a trusted operator and relationship-centric executive whose approach blends partnership strategy with strong regulatory alignment. Prior to joining Hatch, she most recently served as Chief Compliance Officer at Unit Finance and previously held numerous senior leadership positions at Sunrise Banks. Her focus at Hatch will be on strengthening bank-fintech partnerships, enhancing alignment across teams, and ensuring the Bank remains a trusted and transparent partner to fintechs, regulators, and the communities it serves.

“Amanda and Fran bring proven experience in fintech banking, risk and asset / liability management, and regulatory compliance to Hatch as the Bank continues to strengthen operations and accelerate our growth,” said Richard Green, Chairman of Hatch Bank and of Firstrust Bank, Hatch’s parent organization. “Fintechs often struggle to receive timely, transparent, and consultative decisions from their banking partner, creating unpredictable experiences. Together Amanda and Fran will drive forward Hatch’s mission to build a bank that is decisive, nimble, and unwaveringly customer- centric."

Amanda will report to Timothy J. Abell, Hatch CEO and CEO of Firstrust Bank, which has had remarkable success over its first 92 years of family ownership.

Mitchell joins Hatch Bank after most recently serving as Managing Partner at Rock Creek Partners and Chief Financial Officer at BankFund Credit Union. Throughout his career as a banking leader, he has established a track record of modernizing finance functions, strengthening regulatory relationships, and establishing forward-looking financial strategies. His extensive experience in balance sheet and liquidity management and regulatory affairs will be invaluable to Hatch as the Bank continues to scale operations while maintaining a commitment to regulatory safety and soundness.

Both Swoverland and Mitchell will further Hatch’s commitment to being a relationship-focused, transparent, and reliable bank partner that communicates clearly, makes decisions efficiently, and operates with consistency. To learn more about Hatch Bank, visit www.hatchbank.com.

About Hatch Bank
Hatch Bank is a purpose-built, tech-forward sponsor bank that forgoes the one-size-fits-all approach to offer specialized financial products and services. Hatch empowers lending partners to be successful by providing tailored financial solutions, deep industry expertise, and collaborative partnerships. Hatch offers a variety of embedded lending solutions, including solar and healthcare financing, commercial cards, and retail point-of-sale. Headquartered in San Marcos, California, the bank has approximately $150mm in total assets and is a member of the Federal Deposit Insurance Corporation. To learn more and hatch a partnership that goes beyond banking, please visit the Hatch Bank website, www.hatchbank.com.

About Firstrust Bank
Founded in 1934, with assets of over $5 billion, Firstrust Bank is the region’s largest family-owned financial institution, one of the region’s largest and strongest full-service commercial banks, and one of the most consistently top-performing banks in the Nation. Founded by Samuel A. Green, who began the business in his mother’s kitchen in South Philadelphia, Firstrust is currently in its third generation of family management, operating as Philadelphia’s Hometown Bank® for more than 90 years. Firstrust offers a broad range of retail and commercial banking products and services to individuals, businesses, and institutions. In commercial banking, Firstrust provides a wide variety of solutions, including commercial real estate finance, business banking, asset-backed lending, and deposit and treasury management services. Firstrust meets the needs of its consumer customers by offering a full range of deposit, lending, and residential mortgage products. Firstrust is a Small Business Administration (SBA) Preferred Lender, is a Top Workplaces employer, the Official Bank of the Philadelphia Eagles and serves its customers through 18 branch banking offices located in Southeastern PA, Cherry Hill, NJ, and Towson, MD. For more information, visit www.firstrust.com or call 800-220-BANK. Member FDIC.