Radius Bank promoted Stephen Hunt to executive vice president of equipment finance, while Brenda Mackey joined Radius as the new executive vice president of institutional banking and cash management.

Hunt will oversee a team responsible for the credit underwriting, transaction structuring, pricing and documentation of indirect and direct originations. Hunt joined Radius in 2016, when the bank acquired the equipment leasing division of NewStar Financial. He has more than 35 years of experience in equipment financing and leasing, having previously held positions at Banc of America Leasing, Eastern Bank, Bank Boston Leasing, EUA Cogenex Corp and The CIT Group.

Mackey will manage the institutional banking national sales team and relationship support unit, and also be responsible for expanding the focus and verticals the division serves. The department currently provides deposit and cash management services, API banking, and escrow services for commercial and technology companies, union/labor pension and benefit funds, and nonprofits. Prior to joining Radius, Mackey spent the last nine years building and leading the cash management group at East Boston Savings Bank from both a product and sales prospective by supporting both commercial and union/labor clients. She previously held roles at Danversbank and Marblehead Bank.

“It is an exciting time for Radius,” Mike Butler, president and CEO of Radius Bank, said. “Radius strives to provide a culture of growth and we are thrilled to have been able to promote Stephen. He has exemplified all the traits of an excellent leader, is well respected by his peers and will make a great addition to our leadership team. Additionally, we couldn’t be more thrilled for Brenda to join the Radius team. Her deep understanding of the union space and in-depth knowledge of cash management solutions make her the ideal candidate for the role.”

Hunt and Mackey will report to Butler and be based in Boston.