Lynne Farrar Promoted to First VP at Crestmark Bank

By Joyce C. Dimaculangan

Crestmark Bank recently promoted Lynne Farrar from Vice President to First Vice President, Underwriting Manager at its Transportation Division’s office in Franklin, Tennessee. Crestmark’s Transportation Division caters to small- and medium-sized transportation businesses, including logistics and trucking firms who specialize in financing solutions.

Lynne Farrar Crestmark BankFarrar was an underwriter at TPG Commercial Finance before its acquisition by Crestmark in 2007. Before her latest promotion, Farrar served in various capacities within the division, including operations manager, portfolio manager and underwriter.

Heath Holbrooks, Executive Vice President and the Division’s President, is pleased to announce Farrar’s promotion among other staff promotions. “These individuals contribute greatly to the success of our lending programs to the transportation industry,” he said.

He added that, “Their expertise and focus on client-service, has been important to the growth of this division. They will be a great asset as we continue to develop and expand our line of products and services that help busy trucking/logistics companies nationwide.”

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Joshua Druce Joins S&T Bank as AVP, Comm’l Banker

By Joyce C. Dimaculangan

S&T Bank recently named Joshua Druce as Assistant Vice President, Commercial Banker of Integrity Bank, one of the company’s divisions. In this role, Druce will oversee the expansion of the Bank’s existing customer portfolio in response to the growing needs of its clients.

S&T BankHe will also work to boost Integrity Bank’s portfolio and presence across south central Pennsylvania using his most recent experience in managing the daily execution of portfolios and inbound credit requests.

Previously, Druce served as an Account Manager and Commercial Credit Analyst at Metro Bank and Union Community Bank, respectively. He was also a Credit Analyst and Staff Auditor at Stonebridge Bank, as well as a Staff Accountant at Beard Miller Company.

Jordan Space, Senior Vice President, Commercial Banking Regional Manager, commented, “We are proud to welcome Josh as the newest member our commercial banking team. Josh brings unique skills that are in alignment with our vision for the region and we look forward to the results and relationships he will build with our customers.”

Druce attended Nova Southeastern University, where he earned a Bachelor of Science degree in accounting and finance. He also holds a credit risk certification from the Risk Management Association. Outside of work, he serves as secretary of public relations for the Accounting Club.

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John Hall Appointed as SVP at City National Bank

By Joyce C. Dimaculangan

John Hall recently joined City National Bank as Senior Vice President and Division Credit Manager of its Commercial Banking Services unit, where he will oversee the bank’s overall credit portfolio quality, commercial banking credit process, and customer experience with lending products.

John Hall City National BankHall brings to City National Bank over 35 years of experience in middle market commercial lending and financial services. Most recently, he served as Chief Credit Officer at East West Bank in Pasadena; and with Wells Fargo in several senior positions in underwriting, commercial banking, and credit management.

Rod Banks, Executive Vice President of Commercial Banking Services, said, “John has demonstrated strong leadership in past critical roles with several local institutions. He brings a unique blend of both client management and credit management skills to City National Bank.”

Hall currently sits on the Cedars Sinai Medical Center’s board of governors, serving on the finance and executive committees. He also has been involved with National Multiple Sclerosis Society as a volunteer for the past 22 years and previously sat on the national board of trustees of the organization.

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Effie Santos Named Relationship Manager at TD Bank

By Joyce C. Dimaculangan

Effie Santos recently joined TD Bank as Relationship Manager in Commercial Banking. Based in Tampa, Florida, she will provide depository services, acquisition funding, working capital, and real estate and equipment financing to businesses and organizations in that area.

Effie Santos TD BankSantos brings to TD Bank 20 years of experience in the financial industry. Previously, she worked at Synovus Bank in Tampa as a Commercial Banker.

Before that, she was an Independent Sales Director at Mary Kay Cosmetics and was Vice President at both BankUnited and Regions Bank. She also served as Assistant Vice President at Signature Bank and Assistant Branch Manager at Bank of America.

Santos is also a member of several organizations, including the Working Women of Tampa Bay, the Upper Tampa Bay Chamber of Commerce and the Greater Tampa Bay Chamber of Commerce.

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Dane Smith Hired as Finance Officer at Fleet Financing

By Joyce C. Dimaculangan

Fleet Financing Resources recently hired Dane Smith as Finance Officer. In his new role, Smith will work in the commercial transportation equipment finance sector to cultivate existing and build new relationships, with a focus on manufacturers, dealers, and operators.

Dane Smith Fleet Financing ResourcesSmith brings to FFR more than two decades of experience in the transit services and motor coach industry. Before joining the company, he worked at Lin Lines, Inc. as Operations Manager, as well as at Sunline Transit Agency as transportation center supervisor.

“We are very excited to welcome Dane to the Resources family. He brings to us and our customers tremendous knowledge and is well respected throughout the transportation industry for his accomplishments,” remarked FFR President and CEO Dave Reynolds. “Dane truly shares our vision, passion and above all, our commitment to providing our customers with elite, unmatched commercial vehicle financing.”

About Fleet Financing Resources
Headquartered in Riverside, California, Fleet Financing Resources offers a wide range of funding solutions, focusing on commercial vehicle fleet leasing and financing of used or new titled transportation equipment. Established in 2002, the company counts more than 3,800 customers across the US.

FFR is a leading specialty lender in the country, with more than $400 million in assets originated since its creation. The company focuses on A and B credit quality. It offers funding of up to $350,000 through its Application-Only program, while it conducts a full financial statement analysis for certain credit types or bigger transactions. For more information, visit www.ffresources.com.

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Michael Fuoti Hired at EverBank Commercial Finance

By Joyce C. Dimaculangan

Michael Fuoti recently joined EverBank Commercial Finance’s equipment finance team as Business Development Manager. In his new position, Fuoti will seek infrastructure and equipment asset financing opportunities across the marine, rail, and intermodal sectors, as well as generate indirect opportunities in transport sectors through institutional investors.

Michael Fuoti EverBank Commercial FinanceFuoti brings to EverBank more than 20 years of extensive experience in originations, syndication, structuring, and placements, with expertise in project finance, infrastructure assets, and transportation equipment.

Most recently, he worked at Commonwealth Bank of Australia as Director, Structured Asset Finance. Other career positions he has held include BB&T Equipment Finance Corporation as Corporate Account Executive, Transportation; SVP at both Genesis Capital Corporation and RBS Asset Finance; a director at CIT Group; and Vice President at Conell Finance Company.

EverBank Capital Equipment Finance Managing Director Ken Walters said, “Michael has a long history of successful transaction executions and closings with a deep understanding of the industry. We’re excited to have him on the team and to draw on his expertise.”

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John Benoit Named VP at Wintrust Commercial Finance

By Joyce C. Dimaculangan

Wintrust Commercial Finance recently hired John Benoit as Vice President of Business Development at the company’s direct originations group. Based in WCF’s office in South Louisiana, Benoit will focus on direct originations across the Gulf Coast region; and will become part of the national team headed by Executive President and COO Joe Thompson.

Wintrust Commercial FinanceWith 17 years of experience in commercial finance, Benoit joins WCF from Regions Equipment Finance, where he served as Vice President of Business Development. At Regions, he oversaw the delivery of equipment finance and leasing products to the company’s Private Banking, Community and Private Banking, Business and Commercial units.

He held the same post at AIG Equipment Finance and was also Vice President at Daimler Chrysler Financial Services and Hibernia.

“Wintrust Commercial Finance is truly excited to bring John’s depth and variety of experience to our business,” said Thompson. “The build out of our direct platform is the next step in our growth and having worked with John twice previously, I know he will do a great job in helping us build on our momentum from 2015.”

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Joshua Hudson Joins MidAtlantic FC as Loan Officer

By Joyce C. Dimaculangan

MidAtlantic Farm Credit announced that Joshua Hudson has joined the association as a Loan Officer in the agricultural lender’s office in Pocomoke, Maryland, where he will work directly under Jennifer Frock, Area Lending Manager. His responsibilities will include helping its new and current customers reach their financial goals and grow their businesses.

Josh Hudson MidAtlantic Farm Credit UnionHudson has expertise in commercial lending, portfolio management and small business lending. Previously, he worked at PNC Bank as an Agricultural Lender. In joining Farm Credit, he said, “I’m honored to be a part of the team and look forward to helping our customers succeed.”

“Joshua has a strong background in both agriculture and finance, which makes him an excellent addition to our sales staff,” commented Frock. “We are happy to have him on board and look forward to him working with our customers.”

Hudson earned a degree in Business Administration from Southeastern University and a master’s degree in business administration from Wilmington University. In his free time, the Sussex County, Delaware native likes to work on his family’s farm and spend time with friends and family.

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Chris Lehnes Joins North Mill Capital as SVP/BDO

By Joyce C. Dimaculangan

Veteran small business lender Chris Lehnes was recently appointed as Senior Vice President and Business Development Officer of Princeton-based North Mill Capital LLC. In his new role, Lehnes will work with businesses that require credit facilities between $100,000 and $30 million and grow North Mill Capital’s asset-based lending and factoring relationships with them.

Chris Lehnes North Mill CapitalLehnes brings to the company over two decades of experience in the industry. Before joining North Mill Capital, he served as Senior Vice President of loan originations for Gibraltar Business Capital, where he was in-charge of originating factoring and asset-based lending transactions for a regional commercial finance company.

In addition, he has experience with business development of non-recourse factoring programs involving small and medium-sized businesses. His background includes handling loan documentation, credit analysis, operations management, marketing, as well as business development at CIT Small Business Lending and Business Loan Express.

Lehnes obtained a BA in Economics and Business from Lafayette College. He is a member of several organizations, including Turnaround Management Association, BCA Business Development Group – Westport Group, Stamford Business Group and Association for Corporate Growth.

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C. Mitchell Waycaster Elected COO at Renasant Bank

By Joyce C. Dimaculangan

Renasant Corporation announced that C. Mitchell Waycaster was recently elected as President and Chief Operating Officer of both the company and the company’s wholly-owned subsidiary, Renasant Bank.

C. Mitchell Waycaster Renasant BankWaycaster has been with Renasant since 1979, holding several leadership roles: President of the Bank’s Mississippi Division, Executive Vice President of Retail Banking, and Senior Vice President and Chief Credit Officer. In 2007, he served as Senior Executive Vice President and Chief Administrative Officer.

“With an impressive professional banking career that spans more than 37 years, Mitch has been an integral part of Renasant’s success story, and his outstanding leadership for our bank has shown that he is well prepared to continue to be an essential leader as the next president of our company,” said Chairman and Chief Executive Officer E. Robinson McGraw. “I look forward to working with him in his new leadership role.”

Waycaster earned a Bachelor’s degree in business administration from the University of Mississippi. He is also a graduate of the University of Delaware Stonier Graduate School of Banking and the National Compliance School at the University of Oklahoma and the University of Colorado. In addition, he is also a graduate of the Mid-South School of Banking at the University of Memphis and the Tennessee Commercial Lending School at Vanderbilt University.

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