Regional Management Corp. announced that it has commenced lending operations in Idaho, its 18th U.S. state, and expects to open its first branch within Idaho during the first quarter of 2023. "We are very pleased to bring our suite of affordable, best-in-class financial solutions to Idaho and expand our operations for the first time to the Pacific Northwest," said Robert W. Beck, President and Chief Executive Officer of Regional Management Corp. "We expect to service loans originated in Idaho at first through our centralized sales and service team, and eventually through branches in select markets across the state. Our geographic expansion strategy continues to position us well to capture additional market share in a controlled manner and deliver smart and sustainable value to our shareholders."
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