Great Southern Bank Opens New Commercial Loan Production Office in Charlotte, North Carolina
Great Southern Bank has opened a new loan production office (LPO) in Charlotte, North Carolina, marking its eighth LPO.
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Rhea-AI Summary
Great Southern Bank has opened a new loan production office (LPO) in Charlotte, North Carolina, marking its eighth LPO. Charles “Chip” Brinkman, a veteran banker from Wells Fargo, has been appointed as market manager to develop commercial lending relationships in the area. The new LPO will offer diverse commercial lending services including real estate loans and construction financing. Great Southern Bank, with assets of $5.4 billion, operates in several states and is publicly listed as GSBC on NASDAQ.
Positive
- Opening of a new loan production office in Charlotte, expanding market reach.
- Appointment of Charles Brinkman as market manager, bringing valuable local experience.
- Diverse commercial lending services offered, including competitive rates.
Negative
- None.
Details
News Market Reaction – GSBC
The recorded move for GSBC in the trading session of this news was -1.05%.
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Charlotte Banking Veteran Charles “Chip” Brinkman Hired as Market Manager
SPRINGFIELD, Mo., June 03, 2022 (GLOBE NEWSWIRE) -- Great Southern Bank announced today that it has opened a new loan production office (LPO) in Charlotte, North Carolina, which represents the eighth LPO in the Company’s franchise. Charles “Chip” Brinkman, a Charlotte banking veteran, has been hired as market manager and is responsible for developing commercial lending relationships in the market area.
“Great Southern is pleased to open an LPO in Charlotte and to serve commercial lending needs in this dynamic market,” said Great Southern Bank President and CEO Joseph W. Turner. “We are excited Chip has joined our team. His familiarity with the market and his lending experience will be a tremendous asset as we build relationships with area clients.”
Brinkman comes to Great Southern from Wells Fargo after a decade-long career, primarily in the real estate capital markets division. He earned a bachelor’s degree in business from Wake Forest University, where he was a member and co-captain of the football team. He then earned a master’s degree in business administration from Queens University in Charlotte.
The new LPO will provide a wide variety of the Bank’s commercial lending services including fixed and variable-rate commercial real estate loans for new and existing properties. Competitive commercial construction and portfolio financing will also be available.
With total assets of
Reporters May Contact:
Kelly Polonus, Great Southern Bank, (417) 895-5242
kpolonus@greatsouthernbank.com
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