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MB Banc : rp, Inc. Announces the Appointment of Two New Loan Originators

07/02/2015 | 12:33pm US/Eastern

By a News Reporter-Staff News Editor at Telecommunications Weekly -- value="NASDAQ-OTCBB:MBCQ" idsrc="xmltag.org">MB Bancorp, Inc. (OTC Pink: MBCQ), holding company for Madison Bank of Maryland, a federal savings bank offering a variety of deposit products and loan products secured by real estate, is pleased to announce the appointment of Tiffany Shepherd and Melissa Pfarr as new Loan Originators. They will be responsible for increasing the Bank's loan production as well as implementing strategies to retain the existing portfolio.

Shepherd brings extensive knowledge and experience in developing new loan business and managing loan portfolios. She joins Madison Bank from One Main Financial (aka CitiFinancial) where she served as Branch Manager in charge of developing new business and establishing production goals. Pfarr also brings a great deal of knowledge and experience in the lending area that will be instrumental in this process. She previously worked at First National Bank of Maryland and value="ACORN:1596860370" idsrc="xmltag.org">Provident Bank (aka value="NYSE:MTB" idsrc="xmltag.org">M&T Bank).

"The Bank is focused on building its loan portfolio significantly over the next several years, and we look forward to these additions to our staff to help us reach these goals," said Julia A. Newton, President and Chief Executive Officer.

Keywords for this news article include: value="NASDAQ-OTCBB:MBCQ" idsrc="xmltag.org">MB Bancorp Inc.

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