banc-serv PARTNERS LLC Announces the Retention of Brent Ciurlino, Former Director of the SBA Office of Credit Risk Management...
October 16 2017 - 9:00AM
ADR Partners, LLC d/b/a banc-serv PARTNERS LLC (“banc-serv”),
a portfolio company of Newtek Business Services Corp.
(NASDAQ:NEWT), announced that the banc-serv Board of Managers has
retained the consulting services of Brent M. Ciurlino to review the
operations of banc-serv to ensure that banc-serv’s operations meet
the standards expected by its customers and that team members
perform consistent with banc-serv values.
Mr. Ciurlino was formerly the Director, Office of Credit Risk
Management / Asst. Associate Administrator for the U.S. Small
Business Administration (“SBA”) from January 2012 through September
2015 and was the Senior Executive Service member and primary
regulatory & risk officer for the $105 billion SBA portfolio,
overseeing the more than 4,500 program lenders. Mr. Ciurlino was
recruited and appointed by the Cabinet Level Administrator to
transform the SBA credit and program risk management with a
directive to strengthen oversight of the SBA Office of Capital
Access.
In addition, the Board of Managers is pleased to announce that
Karen McHugh was elevated to the position of Executive Vice
President of Operations. Karen brings over 30 years of SBA
and banking industry experience to her new position, as well as a
wealth of knowledge and a proven track record of success in
specialized areas including SBA loan audits, policy and procedure,
credit underwriting, and eligibility. Previously, Karen served as
the EVP/Chief Operating Officer of the National Association of
Government Guaranteed Lenders (“NAGGL”) for over 10 years. During
her time at NAGGL, Karen designed instructional courses, provided
technical assistance to lenders, and advocated on behalf of SBA
lenders to SBA policy makers.
Customers are invited to meet with the banc-serv team at the
banc-serv booth at the upcoming NAGGL Annual Conference, October 30
- November 1, in Colorado Springs, CO.
Any banc-serv customers with questions should contact their
banc-serv relationship manager or call Kerri Agee or Karen McHugh
at 866-408-2262.
About banc-serv PARTNERS LLC
banc-serv is the SBA lending partner that understands and
handles the entire SBA lending process. From credit analysis,
structuring and eligibility, packaging and closing compliance to
secondary market management, auditing, portfolio compliance and
servicing, and special assets management, banc-serv provides
lending institutions the consultation and outsourced solutions they
need.
Contact: Karen McHugh Telephone:
866-408-2262
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