EverBank, a national specialty bank serving clients across the United States, expanded its commercial banking portfolio with the launch of its public finance division. Trevor Mael, a leader in the public finance space, has been appointed as director to lead the division.

The public finance division will focus on providing customized financial solutions to municipalities and local government agencies, including offerings such as loans and funding for infrastructure improvements and development projects. The division focuses on the often-underserved market of small, rural communities that frequently face challenges in accessing capital.

“It is an exciting time to be at EverBank as we grow this new public finance offering to effectively address the needs of municipalities and public institutions,” Mael said. “The infrastructure and support at EverBank allow us to deliver meaningful solutions to help communities grow and thrive.”

Mael brings over 14 years of experience in public finance and banking. He began his career at Umpqua Bank, where he held various roles, including relationship manager and commercial underwriter, with a focus on municipal credit analysis and financing. Most recently, he served as director of municipal finance at First Foundation, specializing in financing solutions for local governments.