The Bancorp Bank, a wholly-owned subsidiary of The Bancorp, joined the roster of lenders on the Envestnet Credit Exchange, providing financial advisors with access to securities-backed lines of credit.
The Bancorp appointed five new key additions to its executive leadership team. The new appointments had distinguished themselves as leaders and significant contributors to the company.
The Bancorp added Ryan Beck, Alan “Skip” Canavan and Charles Meyers as vice presidents, SBA business development officers on its Small Business Lending Team.
Jeffrey Fulcher and Kevin Moon joined The Bancorp’s Small Business Lending team as vice president and SBA business development officer, respectively.
The Bancorp added Kelly Isley and Teresa Carlson to its small business lending team.
The Bancorp added five industry veterans as officers to the Small Business Lending unit of its bank subsidiary, The Bancorp Bank.
The Bancorp named Hugh McFadden chief operating officer and John Leto chief administrative officer. Pawneet Abramowski was promoted to chief compliance officer.