BankFinancial NA Announces Expansion of BankFinancial Equipment Finance
BankFinancial NA (“the Bank”), the national banking association
subsidiary of BankFinancial Corporation (Nasdaq - BFIN) announced
today the expansion of BankFinancial Equipment Finance.
BankFinancial Equipment Finance’s capabilities now include leasing
to governmental, middle-market and small business lessees, as well
as continuing its corporate leasing, lending, deposit and treasury
management services to independent equipment lessors nationwide.
BankFinancial Equipment Finance is led by Ms.
Marci Slagle, President of BankFinancial Equipment Finance.
Ms. Slagle is a Certified Lease Finance Professional (CLFP) with
over 20 years’ experience in the commercial equipment leasing
industry. Ms. Slagle is a former member of the Equipment
Finance and Lease Association Steering Committee - Middle Market
Leasing and she is also an Executive Committee member and Past
President of the CLFP Foundation.
“BankFinancial already has a strong reputation
in the corporate leasing segment of the market. As we add the
middle-market and small business capabilities, BankFinancial
Equipment Finance now has a three-dimensional presence in the
leasing market. With the additional capability to provide
bridge, warehouse and retained lease and residual equity credit
facilities to the entire market, BankFinancial can now provide
virtually every lease, loan and deposit product and service needed
by independent equipment leasing companies.” said Ms. Slagle.
“I am tremendously excited to lead this organization, and
especially, our highly experienced team, into its very bright
“The expansion of BankFinancial Equipment
Finance into the middle-market and small-business segments
significantly enhances the scope of our commercial equipment lease
and finance originations, and further expands the opportunities
available for new commercial lending, deposit and treasury services
to the independent lessors in these segments. Taken together,
this expansion is expected to materially increase our commercial
lease origination volumes during the course of 2020.” said F.
Morgan Gasior, Chief Executive Officer of the Bank.
BankFinancial's management will review fourth
quarter 2019 results and new developments in a conference call and
webcast for stockholders and analysts on Wednesday,
February 19, 2020 at 9:30 a.m. Chicago, Illinois Time.
The conference call may be accessed by calling (844) 413-1780 using
participant passcode 7198886. The conference call will be
simultaneously webcast at www.bankfinancial.com, “Investor
Relations” page. For those unable to participate in the
conference call, the webcast will be archived through Wednesday,
March 11, 2020 on our website.
BankFinancial Corporation is the holding company
for BankFinancial, NA, a national banking association providing
financial services to individuals, families and businesses through
19 full-service banking offices, located in Cook, DuPage, Lake and
Will Counties, Illinois and to selected commercial loan, lease and
deposit customers on a regional or national basis. BankFinancial
Corporation's common stock trades on the Nasdaq Global Select
Market under the symbol BFIN. Additional information may be found
at the company's website, www.bankfinancial.com.
This release includes “forward-looking
statements” as defined in the Private Securities Litigation Reform
Act of 1995. A variety of factors could cause BankFinancial’s
actual results to differ from those expected at the time of this
release. For a discussion of some of the factors that may cause
actual results to differ from expectations, please refer to
BankFinancial’s most recent Annual Report on Form 10-K as filed
with the SEC, as supplemented by subsequent filings with the
SEC. Investors are urged to review all information contained
in these reports, including the risk factors discussed
therein. Copies of these filings are available at no cost on
the SEC's web site at www.sec.gov or on BankFinancial’s web site at
www.bankfinancial.com. Forward looking statements speak only
as of the date they are made, and we do not undertake to update
them to reflect changes.
|Shareholder, Analyst and
Elizabeth A. Doolan Senior Vice President -
Finance BankFinancial Corporation Telephone:
||Gregg T. AdamsPresident -
Marketing & SalesBankFinancial NATelephone:
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