Tag Archives: Issue 20180614

Kellman announces new record for indirect consumer lending

Earlier this month, Mike Kellman, SVP, consumer credit sales, announced a new all-time record to employees in our Indirect Consumer Lending area: The group booked more than 1,000 deals totaling $25.5 million in May 2018. Mike congratulated and thanked everyone for their hard work.

“It is with tremendous pride and gratitude that I share this news and recognize our employees for their efforts,” Mike said. “The bank booked over 1,000 marine and RV loans during the month of May. That exceeded our goal by 35 percent, and exceeded the previous world record — which, coincidentally, occurred the month prior — by 22 percent.”

Mike noted that these loans are a highly seasonal business, and that May is typically the strongest month for them, followed closely by April and June. The bank is now buying boat and RV loans from five states — Wisconsin, Illinois, Michigan, Minnesota, and Iowa — and growing every month. He said that more than 30 people were involved in the selling, data entry, underwriting, verification, booking, and maintenance of the accounts at North Shore Bank. Great work, everyone!

Pictured are post closing coordinator Sue Hanna, consumer loan specialist JoEllen Brisk, senior consumer loan specialist Glenda Waters, dealer relations and training manager John Goman, residential loan workout rep Lori Staniszewski, and senior credit analyst Gina Bontempo listening to Mike. Dean Trout, SVP, information systems-CIO, is at his right.