|By Marketwired .||
|July 24, 2014 09:29 AM EDT||
RALEIGH, NC -- (Marketwired) -- 07/24/14 -- According to the U.S. Small Business Administration (SBA) VantageSouth Bank's Government Lending Division was recognized as the top provider of loans to small businesses in North Carolina based on the dollar volume of loans. "We are proud to be the top provider of SBA Loans to the businesses of North Carolina. Our recent merger to create the new Yadkin Bank will allow us to reach further into the communities we serve across the Carolinas to deliver SBA loans which are so important to job creation and retention," said Chris Kwiatkowski, head of Government Lending for VantageSouth Bank.
Yadkin Bank and VantageSouth Bank completed their merger on July 4, 2014. VantageSouth Government Lending is a division of VantageSouth Bank and is headquartered in Charlotte, NC.
Yadkin Financial Corporation is the holding company for Yadkin Bank, a full-service state-chartered community bank providing services in 74 branches across North Carolina and upstate South Carolina. Serving over 80,000 customers, the company has assets of 4.0 billion dollars.
The Bank's primary business is providing banking, mortgage, investment and insurance services to residents and businesses across the Carolinas. The Bank provides mortgage-lending services through its mortgage division, Yadkin Mortgage, headquartered in Greensboro, NC. The Bank's SBA Lending (Government Guaranteed Lending) is headquartered in Charlotte, NC. Yadkin Financial Corporation's website is www.yadkinbank.com. The common stock is traded on the NYSE under the symbol YDKN (NYSE: YDKN).
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