TAMPA, Fla. (May 4, 2018)—American Momentum Bank is growing its Small Business Administration (SBA) lending division with the addition of three key hires – Stacey D. Carbone as senior vice president, SBA business development officer III; Jeannine Balanky as vice president, SBA business development officer III; and Deanna C. Tennian as vice president, SBA post-closing servicing and portfolio manager. These new hires represent the bank’s ongoing commitment to building its SBA lending division in Florida.
“We were very fortunate to be able to attract these seasoned professionals,” said Patrick Fenech, senior vice president and managing director of SBA lending for American Momentum Bank. “They have an average of more than 25 years of experience in banking and finance and have had impressive careers thus far in SBA lending. We’re looking forward to working with them and helping our customers secure financing and grow their businesses.”
In these roles, Carbone and Balanky will be responsible for sourcing well-qualified SBA 7(a) and 504 loan opportunities and deposit relationships in Florida. Balanky will focus on Central and North Florida and Carbone on West and Southwest Florida. In addition, Tennian will be responsible for maintaining and servicing loan files, as well as all due diligence associated with post-closing conditions for approved SBA loans.
In the past five years alone, Carbone and Balanky have closed and funded over $150 million in SBA loans. Prior to joining American Momentum Bank, Balanky served as vice president, SBA development officer for Florida Capital Bank and SunTrust Bank, servicing clients throughout the state of Florida.
Carbone began her career on the retail side, working her way up to vice president, senior community banking officer for Sovereign Bank in New Jersey. She later transitioned to commercial banking, serving as vice president, small business banking leader and vice president, senior producing leader, principal RM – business banking for Wachovia Bank, now Wells Fargo. Prior to joining American Momentum Bank, she served as senior vice president, SBA business development officer for SunTrust Bank.
Tennian was previously vice president, assistant SBA administration officer for USAmeriBank/Valley National Bank. She has more than 20 years of experience in SBA lending.
“As demand for SBA loans continues to grow in the Florida market, expanding our team was a natural progression to better serve entrepreneurs and business owners in the area,” said Mike Collins, Florida market president for American Momentum Bank. “These individuals are the backbone to the local economy, and we’re honored to help them achieve their goals through SBA lending.”
American Momentum Bank’s SBA lending division offers creative financing solutions to support small businesses. The bank is a Preferred SBA Lender, meaning it originates, underwrites and approve loans directly on behalf of the SBA, resulting in quick decisions, approvals and closings.