July 2, 2020
By Caity Witucki
Contributing Editor, Coleman Movers & Shakers
Coleman Movers & Shakers — Bruce C. Boddie, Todd Shutley, and East Cambridge Savings Bank
Bruce C. Boddie Joins First Bank of the Lake
Bruce C. Boddie has joined First Bank of the Lake’s Small Business Administration (SBA) Lending team as Senior Vice President, Government Guaranteed Lending Healthcare Sales Manager. In this role, Boddie will mentor and be the team lead in Healthcare Lending for First Bank of the Lake and responsible for originations of SBA financing solutions for medical professional practices nationally.
Boddie joined First Bank of the Lake’s SBA team in April 2020. He has over 25 years of lending experience ranging from underwriting, originations and sales leadership. During his career, he has specialized in owner-occupied commercial real estate, SBA 7(a) and 504 lending, financing for medical professional practices and healthcare commercial real estate.
“Bruce is a dynamic and knowledgeable lender with years’ of experience. He brings proven success and his extensive expertise in the healthcare finance industry is a real asset to First Bank of the Lake,” says Annemarie Murphy, Executive Vice President at First Bank of the Lake. “We are excited Bruce has joined our team. With his deep knowledge and expertise in the industry, I am confident about the opportunity to increase our SBA healthcare lending presence nationwide.”
“Over the years I’ve come to appreciate the complexity and time constraints medical professional practice’s face in running their business and securing capital. I utilize my many years of experience working with hundreds of medical professionals to develop lending solutions that address the opportunities and challenges my clients face,” says Boddie. “I look forward to being part of a dedicated and talented team, focused on healthcare lending.”
Todd Shutley Joins Ameris Bank as Chief Specialty Banking Officer
Todd Shutley has joined Ameris Bank as executive vice president and chief specialty banking officer. In this position, Shutley will be responsible for the specialty banking division at Ameris, which includes the bank’s premium finance and insurance, correspondent and capital markets, dealer services, Small Business Administration (SBA) and government guaranteed lending and equipment finance lines of business.
For the five years before joining Ameris Bank, Shutley was executive vice president and head of commercial industry specialty and advisory for SunTrust Bank, now Truist Bank. Prior to that role, he worked with SunTrust Robinson Humphrey for 22 years in a variety of leadership positions, including managing director and head of the structured real estate group.
“Todd is a highly experienced and well-regarded banker and we are delighted to welcome him to the Ameris executive team,” says Ameris Bank CEO, Palmer Proctor. “His track record of success and experience in a number of different lines of business, along with his familiarity of the Southeast, will be a tremendous asset to our company as we continue to expand our presence.”
East Cambridge Savings Bank Announces Participation in Main Street Lending Program
East Cambridge Savings Bank recently announced their intent to participate in the Federal Reserve Main Street Lending Program.
“The Main Street Lending Program enables us to work with businesses who might think they need a bigger or regional bank to meet their credit needs,” says Tim Bombard, the Bank’s Chief Lending Officer. “We have the expertise and ability to work with borrowers to determine their needs and quickly and efficiently process their loan. Thanks to this partnership with the Federal Reserve, we can deliver this program to local business so they can access the credit they need.”
The Bank is specifically participating in the Main Street Lending Program New Loan Facility (MSNLF) which offers loan amounts between $250,000 to $35 million.