Newtek Bank, N.A. Hires Mr. Burt Chandler as Director of Operations
24 Julho 2023 - 9:30AM
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, Technology
Solutions (Cloud Computing, Data Backup, Storage and Retrieval, IT
Consulting), eCommerce, Accounts Receivable Financing &
Inventory Financing, Insurance Solutions, Web Services, and Payroll
and Benefits Solutions.
Newtek®, NewtekOne®, Newtek Bank, National
AssociationTM, Your Business Solutions Company® and One Solution
for All Your Business Needs® are registered trademarks of
NewtekOne, Inc.
Note Regarding Forward-Looking
Statements
Certain statements in this press release are
“forward-looking statements” within the meaning of the rules and
regulations of the Private Securities Litigation and Reform Act of
1995. These statements are based on management’s current
expectations and are subject to uncertainty and changes in
circumstances. These statements are not guarantees of future
results or occurrences. Actual results and capital and other
financial conditions may differ materially from those included in
these statements due to a variety of factors. Factors that could
cause NewtekOne, Inc’s actual results to differ materially from
those described in the forward-looking statements can be found in
NewtekOne, Inc.’s Annual Report on Form 10-K for the year ended
December 31, 2022, filed with the Securities and Exchange
Commission and are available on NewtekOne, Inc’s website
(https://investor.newtekbusinessservices.com/sec-filings), and on
the Securities and Exchange Commission’s website (www.sec.gov). Any
forward-looking statements made by or on behalf of NewtekOne, Inc.
speak only as to the date they are made, and NewtekOne, Inc. does
not undertake to update forward-looking statements to reflect the
impact of circumstances or events that arise after the date the
forward-looking statements were made.
SOURCE: NewtekOne, Inc.
Investor Relations & Public
RelationsContact: Jayne Cavuoto Telephone: (212) 273-8179
/ jcavuoto@newtekone.com
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