Business
Newtek Bank, N.A. Hires Mr. Burt Chandler as Director of Operations
BOCA RATON, Fla., July 24, 2023 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (the “Company”) (NASDAQ: NEWT), announced that Newtek Bank, N.A. has recruited Mr. Burt
About this update from Newtekone, Inc.
[{"type":"text","content":"BOCA RATON, Fla., July 24, 2023 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (the “Company”) (NASDAQ: NEWT), announced that Newtek Bank, N.A. has recruited Mr. Burt Chandler as Director of Operations, effective today. Mr. Chandler comes to Newtek Bank with over 35 years of banking experience across all facets of banking operations. Mr. Chandler most recently was the Senior Vice President and Director of Central Deposit Operations at BancorpSouth/Cadence Bank, where he managed all aspects of deposit operations as well as led many projects including debit card initiatives. Prior to his time at BancorpSouth/Cadence Bank, Mr. Chandler spent a decade at IBERIABANK Corporation in the role of Senior Vice President and Director of Bank Operations Division. Burt is a CPA with a Bachelor of Science in Business Administration from the University of Tennessee, and graduated from Alabama Banking School from Auburn University. Barry Sloane, Chairman, President and Chief Executive Officer said, “We are extremely pleased to have attracted an individual with such depth and breadth of experience in banking operations. We believe Burt is the perfect choice to lead Newtek Bank’s banking operations and will be an asset to our already-talented management team. Burt will be tasked with leading many initiatives at Newtek Bank as we further establish ourselves in the market and grow both our deposit base and product offerings to our independent business owner client base. Specifically, Burt will be responsible for establishing a bank office in Birmingham, AL. In addition, he will help administer our planned bank debit card as well as introducing the Newtek Advantage®.” NewtekOne®, Your Business Solutions Company®, is a financial holding company, which along with its bank and non-bank consolidated subsidiaries, provides a wide range of business and financial solutions under the Newtek® brand to the small- and medium-sized business (“SMB”) market. Since 1999, NewtekOne has provided state-of-the-art, cost-efficient products and services and efficient business strategies to SMB relationships across all 50 states to help them grow their sales, control their expenses and reduce their risk. NewtekOne’s and its subsidiaries’ business and financial solutions include: banking (Newtek Bank, N.A.), Business Lending, SBA Lending Solutions, Electronic Payment Processing, Tech...