CBC Welcomes Industry Veteran Richard Duncan to the SBA Lending Division
CBC National Bank Welcomes Industry Veteran Richard Duncan to the Bank’s SBA Lending Division
Duncan is joining CBC as a vice president in the SBA division’s government guaranteed lending group. He will work as an SBA and government guaranteed lender giving specific focus to his specialty area of USDA Business and Industry loans. His lending will focus on the geographic areas of the southeastern United States.
Duncan has in-depth experience as a USDA Business and Industry lender, most recently as owner of his own consulting firm specializing in government guaranteed lending. He also had long stints during his career with the Federal Aviation Administration and the United States Marine Corps. Duncan is a summa cum laude graduate of Flagler College with a degree in business finance.
CBC National Bank continued to thrive in SBA lending in 2016, with SBA portfolio loans growing $25.3 million from 2015 levels. CBC continues to be recognized as one of the U.S. Small Business Administration’s (SBA) highest ranked community bank lenders in Florida, recently ranking No. 2 in total dollar volume and number of loans.
“We welcome Rich to our team and look forward to his contribution in helping expand our capabilities in USDA lending,” said Durand Childers, executive vice president and managing director of CBC’s SBA lending division. “Rich’s targeted expertise will be an asset to our SBA division as we continue to grow our government guaranteed platform across our footprint.”