Patricia E. Mooradian named to Crestmark Board

(TROY, MICHIGAN, October 15, 2012) – Patricia E. Mooradian, president of The Henry Ford, has been named to the board of directors of Crestmark Bancorp, Inc., and Crestmark Bank, a nationally recognized provider of working capital solutions for small- to medium-sized businesses. Mooradian joins the five member board effective immediately. “Patricia’s strategic vision and multifaceted… Read more »

Crestmark Closes Nine Transactions Totaling More Than $9.6 Million the Month of September

TROY, MICHIGAN (October 1, 2012) – Crestmark is pleased to announce that for the month of September the company helped nine new clients with agreements totaling $9,650,000. On September 6, Crestmark provided a $975,000 Accounts Receivable Purchase facility to a Missouri-based, trucking company specializing in time-critical, high-value shipments. The funding will be used for amortization… Read more »

Gregg Geil Joins the Crestmark Team

(TROY, MICHIGAN, September 18, 2012) – Crestmark is pleased to announce the addition of Gregg Geil, Vice President, Underwriting. Working out of Crestmark’s South Region Baton Rouge, Louisiana, office, Geil reports to Julie Halbert, First Vice President, Underwriting. His responsibilities include working with the Business Development Officers to underwrite working capital solutions for new clients,… Read more »

Crestmark Helps Build Strong Communities with Habitat for Humanity

TROY, MICHIGAN (September 13, 2012) – Eight members from the Midwest/Troy Region Crestmark put a compassionate spin on community relations, Saturday, September 8: The group and several of their loved ones dedicated a day working for Habitat for Humanity. This is the fifth year Crestmark has volunteered for Habitat for Humanity. With ladders, scrapers and… Read more »

Leslie Johnson Joins Crestmark Team

FOR IMMEDIATE RELEASE Contact Lisa Beattie 248.267.1639 (TROY, MICHIGAN, September 4, 2012) – Crestmark is pleased to announce the addition of Leslie Johnson as Regional First Vice President, Senior Business Development Officer. She reports through Ray Morandell out of the Midwest Region office. She is located in Ventura, California, and is responsible for covering… Read more »

Crestmark Employees Fundraise for the 3-Day

Three days. 60 miles. More than $12,400 in donations. Three members from the Midwest/Troy Region Crestmark accomplished this and more through their recent participation in the Southeast Michigan Susan G. Komen 3-Day for the Cure – a 3 day, 60 mile walk supporting the fight against breast cancer. The team – Sharmen McVay, Sherri Myers and… Read more »

Crestmark Helps Hungry Children

TROY, MICHIGAN (August 14, 2012) – Crestmark made a huge difference in a hungry child’s life this summer. Participating in the 2012 Hunger Free Summer Food Fight for Kids, the company raised more than $3000 in cash donations, and collected food donations which convert to nearly three year’s worth of food for three children. Put… Read more »

Joseph Zayas Joins Crestmark Team

(TROY, MICHIGAN, August 10, 2012) – Crestmark is pleased to welcome Joseph Zayas as Vice President, Account Executive. He reports to Jeff Silverstein, 1st Vice President, Portfolio Manager, and is responsible for managing a variety of client’s portfolios, among other assigned duties. Zayas started on July 23, in the Boynton Beach, FL, office. Zayas joins… Read more »

Crestmark Closes Four Transactions Totaling $4 Million

TROY, Michigan (July 30, 2012) — Crestmark is pleased to announce the following four new clients from July 9 to July 31. Crestmark funded an $800,000 ledgered line of credit for a North Carolina transportation company on July 9. The company hauls furniture from manufacturers to retailers throughout the northwest. On July 19 Crestmark provided… Read more »