RevlTek names lender finance veteran Jay Cook as CFO

RevlTek has hired Jay Cook as chief financial officer as the Galveston, Texas-based CUSO and fintech looks to expand loan acquisition and tighten capital markets strategy. The move brings a 35-year banking, lender finance and capital markets veteran into a role tied to growth and risk management.

Why it matters: - Jay Cook’s hire adds lender finance and capital markets experience to RevlTek as the company pushes to grow consumer and education loan acquisitions. - The CFO role is tied to efforts to reduce long-term interest rate risk and default exposure for credit union partners. - RevlTek is positioning the move as part of its next phase of expansion in the credit union and capital markets space.

What happened: - RevlTek, LLC said Jay Cook has joined the company as chief financial officer. - RevlTek is based in Galveston, Texas. - Cook brings more than 35 years of experience in banking, lender finance and capital markets. - Lance Teinert, RevlTek chairman, said Cook joins the executive team at a point when the company needs hands-on lender finance experience.

The details: - Cook will focus on capital markets strategies and initiatives. - Those efforts are meant to help RevlTek expand consumer and education loan acquisition opportunities. - RevlTek said the work is also intended to reduce long-term interest rate risk and default exposure for credit union partners. - Teinert said Cook has experience across warehouse lines of credit, securitization and related lender finance functions. - Cook said joining RevlTek is a privilege and that the company remains a leader in specialized services for credit unions. - RevlTek describes itself as a CUSO/fintech hybrid company. - RevlTek says its model connects credit unions and capital markets providers. - RevlTek originates and acquires consumer and education loans. - The company says its structure is designed to help credit union partners serve better, lend smarter and scale without the risk. - RevlTek’s website is the company’s announcement. - RevlTek listed contact information through Stacy Lumadue at +1 916-662-1270. - RevlTek also shared social links for LinkedIn, Facebook and X.

Between the lines: - The hire signals that RevlTek is emphasizing capital structure, funding access and risk controls as it grows. - Bringing in a veteran with lender finance and securitization experience suggests the company wants deeper market expertise as it scales loan activity. - RevlTek’s pitch centers on combining fintech tools with credit union balance-sheet needs, which can be a differentiator in consumer lending.

What's next: - Cook is expected to help lead capital raise, deployment and management efforts tied to RevlTek’s initiatives. - RevlTek appears to be aiming for broader loan acquisition and stronger support for its credit union partners as the company grows.