Member Business Financial Services (MBFS), the business lending CUSO formed in 2008 that now services more than $1 billion in business loans and has partnered with 60 credit unions nationwide, recently expanded its team by welcoming Michael Himmel as a Credit Union Relationship Manager in the Baltimore/Washington metro area.
Himmel has worked in commercial lending since 2003 with a focus on developing diverse commercial lending portfolios including: multifamily, office, credit tenant, mixed use and owner-occupied financing options. He previously served as senior vice president of commercial lending at a credit union, in addition to his recent experience with a business lending CUSO.
Himmel completed a Master's of Business Administration (MBA) in Finance from the University of Baltimore and is a graduate of University of Maryland Baltimore County with a degree in Industrial/Organizational Psychology. He has continued his professional education as a graduate of East Carolina University's RMA Introduction to Commercial Lending and Advanced Commercial Lending.
"We're excited about welcoming an experienced professional like Michael to our team," said Mark Ritter, CEO of MBFS. "His skills and knowledge will help us meet the needs of our growing CUSO and assist more credit unions, especially in the Baltimore/Washington metro area, with their business lending needs."
MBFS assists credit unions in funding business loans within their market. The CUSO provides loan servicing, portfolio management services, loan underwriting, coordination of loan participations, and preparation of loan documents. MBFS has grown to serve over 60 credit unions and services more than $1 billion in business loans. Learn more at www.mbfs.org.
Michael Himmel