Tuesday, October 20, 2015

CBC National Bank Hires Industry Veteran Joy Manbeck to Expand its New Georgia SBA Lending Franchise

 FERNANDINA BEACH, Fla., Oct. 13, 2015 – CBC National Bank, which operates branches in Fernandina Beach, Beaufort and Port Royal, S.C., and with its residential mortgage banking division headquartered in Atlanta, today announced that CBC National Bank has hired Atlanta SBA industry veteran Joy Manbeck to expand its new Georgia SBA lending franchise.

The new SBA lending operation will be based in the Alpharetta, Ga., campus that houses the bank’s residential mortgage division. Manbeck will build and manage a team of SBA lenders whose focus will be on serving the needs of the growing market for SBA loans in the metropolitan Atlanta and Georgia markets.

“Our aim is to replicate the very successful SBA lending franchise we have built in Florida, where CBC National Bank has been the No. 1 SBA lender among community banks headquartered in the state for the past three years,” said Durand Childers, executive vice president and head of CBC’s SBA lending division.

“Joy Manbeck brings over 30 years of commercial banking experience, a majority of that in SBA lending, most recently with State Bank & Trust,” continued Childers. “With her deep SBA industry and Atlanta market knowledge, small business acumen, seasoned banking skills and proven leadership capabilities, Joy is the ideal person to build and manage our Georgia SBA franchise. As the senior vice president heading up the operation, she will be working to hire a team of seasoned professionals who will begin ramping up our SBA lending in Georgia.

Manbeck has deep business and social roots in the Atlanta area. She is a Youth leader in the Alpharetta United Methodist Church, a National Association of Government Guaranteed Lenders (NAGGL) Region IV Committee Member, and a member of several other business and professional organizations, including the Rotary Club of North Fulton, Georgia Quality Lender’s Circle, Atlanta Commercial Board of Realtors, North Atlanta Professional Group, and CREW (Commercial Real Estate Women). 

About CBC National Bank
CBC National Bank, headquartered in Fernandina Beach, Fla., provides a full range of consumer and business banking services through full-service banking offices in Fernandina Beach, Beaufort and Port Royal, S.C. The company’s residential mortgage banking division, headquartered in Atlanta, includes traditional retail and wholesale lending, as well as a National Retail Group that has lending offices in Arizona, Florida, Georgia, Maryland, Michigan, Indiana, Illinois and Ohio. The company’s Small Business Administration lending division originates SBA loans primarily in Jacksonville, Ft. Myers, Tampa and Vero Beach, Fla., Greensboro, N.C., and Beaufort. Parent company Coastal Banking Company Inc.’s common stock is publicly traded on the OTCQX Markets under the symbol CBCO.  For more information, please visit the company's website, www.cbcnationalbank.com.