jvelliott@wbcfinancial.com

Professional Experience:

Mr. Elliott is a principal in WBC Financial Group.  Before joining WBC, he was successively General Counsel, Executive Vice President for European operations, and member of the Board of Directors of Providian Corporation. As a member of the Board he chaired the Marketing Committee and served as a member of the Audit Committee. 

As Executive Vice President, he launched Providian’s U.K. credit card business and built it to over $500 million in assets.  He led the search for business partners in four nations of the European Union and successfully negotiated a partnership arrangement with a major U.K. retailer. 

In the U.S. with Providian and its predecessor, First Deposit, he served as General Counsel, first of the Bank and then of the combined holding company.  He also had responsibility for managing a computer systems unit and a division which marketed Visa cards to individuals without banking relationships. 

Prior to joining Providian, Mr. Elliott was in private practice of law in Washington, D.C. for eight years.  In his legal practice, Mr. Elliott represented financial institutions of all sizes before the regulatory agencies and in Federal Court.  While in private practice Mr. Elliott chartered Washington Bank Consultants, a predecessor firm to WBC Financial Group.  Washington Bank Consultants specialized in developing business plans for new bank charter applications and regulatory capital planning for community banks.

From 1974 to 1981 Mr. Elliott served with the Comptroller of the Currency first as Senior Trial Attorney and then as Director of the agency's Bank Organization and Structure Division.  As Senior Trial Attorney he was responsible for litigating the largest and most complex trials the agency had undertaken.  As Director of Bank Organization and Structure he reorganized the personnel and operations of the office to install a new and more business friendly process for reviewing applications -- charters, branches, relocations, mergers, sales of assets and entry into the U.S.