Seacoast Banking Expands Credit and Analytics Function, Hires Raiford as EVP/CCO



Seacoast Banking Corporation of Florida hired Richard Raiford as executive vice president and chief credit officer. David Houdeshell, currently executive vice president and chief credit officer, will assume a newly created role leading the company’s credit analytics and policy division.

“As Seacoast continues its growth as Florida’s preeminent community bank, we will continue to expand our leadership team. We believe that Richard’s previous credit experience at several large and well-respected institutions adds depth to our credit team, and should position the company for growth while maintaining our commitment to rigorous underwriting and credit monitoring,” Chuck Shaffer, president and chief operating officer of Seacoast, said. “David has done an outstanding job as Seacoast’s steward of credit, leading our balanced growth strategy and helping develop our conservative and strict underwriting culture. In this newly created role, David will continue to refine Seacoast’s differentiated credit analytics capabilities.”

Raiford most recently served as chief credit officer for East West Bank in California, where he was responsible for managing the risk exposure of a mix of commercial and industrial, commercial real estate, and consumer credits. Raiford previously spent 28 years with JP Morgan Chase in multiple risk management, middle market banking and investment banking leadership roles.

Houdeshell will now serve as executive vice president and director of credit analytics and policy. Houdeshell, who has been with Seacoast since 2010, also will be responsible for leading the special assets department.

Seacoast Banking Corporation of Florida is a community bank headquartered in Florida with approximately $8.1 billion in assets and $6.7 billion in deposits as of June 30, 2020.


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