1. Latest News
  2. Submit Press Release
  1. PR Home
  2. Latest News
  3. Feeds
  4. Alerts
  5. Submit Free Press Release
  6. Journalist Account
  7. PRNewswire Distribution

Small Business Lending Fund – A Community Bank Primer

This Coleman Classroom CEO Roundtable will jumpstart the process of accessing Small Business Lending Funds for community banks – helping them adequately plan so that they can make an informed decision about pursuing these funds.

 
PRLog - Nov. 15, 2010 - “The TARP programs created enormous imbalances between the big banks and community banks. The Small Business Lending Fund is an initiative to level the playing field for community banks by accessing attractive capital. Banks need capital offensively to grow their loan portfolios and defensively to manage any legacy portfolio losses. Since it is difficult for community banks to raise capital without significant dilution, you owe it to your shareholders and Board of Directors to consider this option,” contends Jon Winnick, President of Clark Street Capital.  

Jon and other experts will be on hand on Tuesday, December 7th at the Cosmos Club in Washington D.C. to share what they know about the Small Business Lending Fund legislation and regulations with CEOs, CFOs and Chairs of Community Banks. The workshop presenters have been at the forefront in the development and implementation of this new program and have been working closely with the Treasury Department and the bank regulatory agencies to help banks take advantage of this attractive capital initiative.    

Presenters include:

Jon Winick, President of Clark Street Capital which is a full-service bank advisory, disposition, and asset management firm specializing in real estate loans. Managed by seasoned professionals with extensive "buy-side" experience, Clark Street Capital offers intrinsic knowledge and expertise on a wide range of assets from bank portfolio loans to securitized assets. Prior to founding Clark Street Capital, Mr. Winick was National Marketing Director for Zions Bank, a $53 billion bank headquartered in Salt Lake City. Working for the Zions National Real Estate division, a wholesale acquirer of commercial real estate mortgages primarily from financial institutions, Mr. Winick was responsible for acquisitions in the Midwest and national marketing efforts. In 2007, Zions National Real Estate funded over 1,400 transactions totaling $1.3 billion in new originations.

Benjamin Shapiro, Partner, Belongia, Shapiro & Franklin, LLP
Benjamin P. Shapiro is one of the nation's leading bank lawyers. Upon graduation from Northwestern University School of Law in 1968, Shapiro joined the legal department of the Federal Reserve Bank of Chicago. He left in 1972 to become Regional Counsel for the Federal Deposit Insurance Corporation (FDIC). In that capacity, he was chief legal counsel in the FDIC’s Midwest region. In 1979, Shapiro left the FDIC to become a partner at Sidley & Austin, one of the city’s largest and most prestigious law firms. At Sidley & Austin, he headed the bank regulatory practice group. In 2004, Shapiro formed his own firm, The Law Offices of Benjamin P. Shapiro, and in 2007, he and Mark D. Belongia formed Belongia & Shapiro, LLP. Throughout his career, Shapiro has consistently provided the highest-quality work to his financial institution clients. In his practice he has, among other things, helped organize new banks, represented buyers and sellers in bank sale and merger transactions, represented troubled banks before regulatory agencies, negotiated regulatory enforcement actions and provided general business, regulatory and compliance advice to his numerous clients.  

For further information contact Deborah Weirick at deborah@colemanpublishing.com.

Coleman Publishing
P.O. Box 546
La Canada Flintridge
CA, 91012

818-790-4591

# # #

Coleman Publishing is an online media company covering the small business banking industry. The founder, Bob Coleman, is the national expert in small business lending.
Coleman Publishing is your source for the latest news in small business lending.

--- End ---

Click to Share

Contact Email:
***@colemanpublishing.com Email Verified
Source:Coleman Publishing
Phone:818-790-4591
Zip:91011
City/Town:La Canada Flintridge - California - United States
Industry:Banking
Tags:u.s. treasury department, small business lending fund, lending to main street
Shortcut:prlog.org/11074308
Disclaimer:   Issuers of the press releases are solely responsible for the content of their press releases. PRLog can't be held liable for the content posted by others.   Report Abuse

Latest Press Releases By “

More...

Trending News...



  1. SiteMap
  2. Privacy Policy
  3. Terms of Service
  4. Copyright Notice
  5. About
  6. Advertise
Like PRLog?
9K2K1K
Click to Share