August 29, 2013
By Bob Coleman
Editor, Coleman Report
The Community Bank Named Great Lakes SBA Community Lender of the Year
The SBA Community Lender of the Year Award is presented to a community bank with the best overall performance among community lenders with assets under $1 billion out of the three SBA district states including Indiana, Ohio and Michigan. Factors considered are total loan volume, comparison with historical performance, and overall coverage of the lender’s service area.
“Being recognized by the SBA for helping our small business customers obtain the capital necessary for their business needs is a true honor and reward for all of us at The Community Bank,” said Chris Olney, Senior Vice President/Chief Credit Officer of The Community Bank.
San Diego Private Bank Earns PLP Status
Michael T. Valenti, Senior Vice President and SBA Division Manager, commented, “From the outset, we structured the SBA division for excellence in client servicing, underwriting and processing, with the intention of building a leading SBA organization. Attaining PLP status will only enhance our service commitment to our customers.” Valenti joined the bank in April 2012 to start the SBA Division. There are now seven experienced SBA bankers in the Division with over 120 years of cumulative SBA banking experience.
Brian J. McClendon, Senior Vice President and SBA Division Sales Manager, commented, “Because the bank has been awarded prestigious PLP status, we now have the ability to take customer service to the next level by quickly approving and closing SBA loan requests.” McClendon joined the bank in January 2012 also to start the SBA Division.
Tom Stattman Joins PCFS 2000
Tom Stattman has joined PCFS 2000 as the Central Regional Sales Manager. Tom has more than 10 years of commercial lending experience with 8 years as a dedicated SBA lender as part of US Bank’s SBA Division. Prior to his banking career, Tom spent 12 years in the manufacturing industry in the fields of technology and process improvement. Tom holds a Bachelor’s Degree from Wichita State University with his study of emphasis in accounting and marketing.
PCFS 2000 is the leading firm providing business lending software solutions to SBA lenders, credit unions and loan service providers since 1986. During the company’s 27 year history, it has become the industry standard for business lending software addressing all aspects of loan origination, servicing, loan authorization and loan agreement compliance, as well as loan workout and liquidation.
Small Business Lending Conference Update
Southeastern Small Business Lenders Conference, Reynolds Plantation, GA, Feb 9-11
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