TROY, MICHIGAN (September 5, 2013) Crestmark is pleased to announce their participation in the 2013 Challenge Detroit Program as a host company, and welcomes Challenge Detroit fellow Roy Yewah to their corporate office. Crestmark Bank is a commercial finance company that helps small- to medium-sized businesses by providing flexible financial services. Yewah will work with Crestmark four days a week where he will assist in and learn various aspects of accounting, operations, field exam, underwriting and portfolio; every Friday he will join the Challenge Detroit Fellows and work with non-profits throughout the year to address regional challenges and opportunities, including multi-modal transportation, homelessness, and community development.
Yewah holds a BA in Economics and a minor in French from Kalamazoo College. An officer of the Kalamazoo Economics and Business Club, his financial background includes work in sales and account manager positions with Premium Retail Solutions and New York Life Insurance. He also worked as a Student Aid with the Eaton Tutoring Program in Kalamazoo Central High School which experienced a 50% decrease in the dropout rate.
Challenge Detroit is a new model for attracting and retaining talent to reinvigorate a great American post-industrial city by intersecting living, working, playing, giving and leading with an opportunity for 33 individuals of various skills and backgrounds to come together in an effort with area companies, non-profits and cultural institutions.
“As Challenge Detroit embarks on year two of our program, we know our Fellows will continue the positive momentum our inaugural Fellows have created in the city and region,” said Deirdre Greene Groves, executive director of Challenge Detroit. “We believe these innovative leaders will make a unique mark on Detroit and leave a lasting impact on the future of the region. Our goal is not only to keep these 33 here after the end of the year, but also for them to be ambassadors and advocates for all things Detroit, engaging a wider audience to consider our community as a place they, too, can live, work, play, give and lead.”
“I heard great feedback about the Challenge Detroit Program from a previous host company, and we were thrilled to be chosen to participate in this initiative in its second year,” said President and Chief Operating Officer Mick Goik. “We feel it is important to be active in helping the communities in which we work, and this program provides a new and unique opportunity. We look forward to having Roy as part of the Crestmark family, and seeing the impact of Challenge Detroit.”
About Crestmark Bank
Crestmark is a nationally known and respected FDIC-insured bank that provides innovative financial solutions for small- to medium-sized businesses. Financing solutions include asset-based lending, accounts receivable financing, lines of credit, factoring and equipment financing. Crestmark finances most business-to-business companies, and has extensive experience in helping many industries including transportation, manufacturing, staffing, petrochemical, government contractors, apparel and furniture manufacturing. Headquartered in Michigan, with locations in California, Florida, Louisiana, Tennessee, New York, and Illinois; representatives in Alabama, Maryland, North Carolina, and Texas. www.crestmark.com
About Challenge Detroit
Challenge Detroit is a new model for attracting and retaining talent to reinvigorate a great American post-industrial city by intersecting living, working, playing, giving and leading with an opportunity for 30 individuals of various intellects and backgrounds to come together in an effort with area companies, non-profits and cultural institutions. Through a wide-spread social movement, the narratives and experiences of these individuals aim to amplify Detroit’s potential and influence public perception about the present and future of the city and the surrounding region. Challenge Detroit engages in the community through team challenges, in partnership with area non-profits, designed to positively impact the city and region. Challenge Detroit has further been recognized as a model for attracting and retaining talent in Michigan, receiving a two-year grant from the Michigan Economic Development Corporation as part of its LiveWorkDetroit! initiative. The goal is to build awareness of the momentum in Detroit to support the economy, culture and innovation as we reignite a great city. For more information, visit www.ChallengeDetroit.org