Mac Wilcox
With over 20 years of experience as a banking leader and entrepreneur, Mr. Wilcox is a strong believer in small businesses and the power of local entrepreneurs to drive economic development and growth. At Hanover, Mr. Wilcox is primarily responsible for deposit and asset growth, including oversight of the Bank’s SBA & USDA Banking, C&I Banking, Residential Banking, Commercial Real Estate Banking and Specialty Banking Teams, strategic partnerships, as well as deposit, loan and retail operations, loan servicing and marketing. Mr. Wilcox is actively involved in strategic planning, including new product development and pricing and identifying and executing new strategic opportunities, team development and risk management.
Prior to joining Hanover, Mr. Wilcox was President & CEO of Savoy Bank through its merger with Hanover in May 2021. At Savoy, Mr. Wilcox oversaw the bank's transition into a leading SBA lender and growth from roughly $80 million to nearly $700 million in assets through the origination of more than $1 billion in commercial loans across many industries, including technology, real estate, construction, hospitality, healthcare, apparel, contracting, retail, jewelry and manufacturing.
Previously, Mr. Wilcox cofounded a community development bank to serve underbanked communities in the South Bronx and across New York City. Mr. Wilcox earned a BA from Vanderbilt University and an MBA from ASU, Thunderbird School of Global Management.