News Releases – November 08, 2018



Finance Factors Names Two New Vice Presidents

Image of Paul Vella
Paul Vella
  Image of Jamesner Dumlao
Jamesner Dumlao
 

Finance Factors, Hawaii's largest locally-owned depository financial services loan company, announced the promotions of two top performing employees, Paul Vella and Jamesner Dumlao. Paul Vella has been promoted to senior vice president of commercial loans. Jamesner Dumlao has been promoted to vice president, compliance officer, CRA officer and associate general counsel.

"Paul and Jamesner have key roles on our team, and I am confident they will make an even greater impact in advancing our company goals," said Steven Teruya, president and chief operating officer at Finance Factors. "As Finance Factors continues to grow, Paul and Jamesner's leadership will be deeply valuable to the organization."

Vella joined Finance Factors in 2015 to manage and administer loans in the commercial loans department. Prior to joining Finance Factors, Vella worked for Pacific Rim Bank, Central Pacific Bank, City Bank and International Savings Bank in various capacities. Vella received a bachelor of business administration in accounting from the University of Hawaii and a Master of Business Administration from Hawaii Pacific University. He is also a graduate of Pacific Coast Banking School. In his spare time, he is the secretary of the Risk Management Association, a nonprofit organization that serves the financial services industry.

In his new position, Dumlao is responsible for overall compliance management and legal work. He joined Finance Factors in 2014 as a compliance auditor and has since acquired a range of responsibilities. His current duties include recording secretary for Board meetings, implementation of the lending and account initiatives and providing guidance to the lending compliance officer and compliance auditor. Dumlao previously worked at First Hawaiian Bank as the quality control and compliance supervisor in the commercial loan center. Dumlao received his B.A. from the University of Notre Dame and his J.D. from the University of Hawaii William S. Richardson School of Law. He is currently Finance Council Member of the Co-Cathedral of Saint Theresa, former President and Legal Counsel for the Filipino Chamber of Commerce of Hawaii, and former Advisory School Board Chair of Saint Theresa School.

About Finance Factors
Finance Factors has been providing financial services in Hawaii for more than 65 years. Started in 1952 by several island families, the company has grown from a small local enterprise that pioneered personal loans for Hawaii's people, into Hawaii's largest locally-owned depository financial services loan company. Finance Factors (NMLS #449916) specializes in residential and commercial real estate loans. Finance Factors also offers some of the best rates on certificates of deposit and savings accounts, with deposits insured by the FDIC.