Extensia Financial announces staff realignments and promotions of employees response to the continuing increase in loan production!
NORTHRIDGE, CA (July 14, 2020) — Extensia Financial, one of the nation’s most seasoned credit union service organizations (CUSO), is proud to announce staff realignments and the promotion of key staff in response to the increased commercial loan production during the first half of 2020. We congratulate these outstanding team members on their new positions and look forward to their continued contributions.
Derek Matjeka, who joined Extensia’s Loss Mitigation team in 2018, brings his experience and expertise to Extensia’s Loan Production department. This comes as the CUSO strategically migrates to a more conservative approach to new loan production. As Vice President, Credit Administration, Derek not only brings essential and timely knowledge to Extensia’s core business, he is uniquely qualified to bring analytical and operational insight to the lending space impacted by COVID-19 as well as the increased volume stemming from lenders that have withdrawn from the market in the wake of the pandemic.
And, in concert with the CUSO’s continuing effort to both focus on and further develop our borrower relationships, Sharon Fleeman joins the Relationship Development team as our new Business Relationship Officer. Sharon joined the CUSO nearly 10 years ago and has developed many strong relationships with our current borrowers. While successfully refinancing nearly $450MM of existing loans, she simultaneously brought in over $20 MM worth of new borrower and broker relationships to Extensia.
Extensia Financial also congratulates Rodney Jones, a 20-year veteran of the CUSO, on his promotion to Loan Production Manager. In his new role, he will be responsible for overseeing the Production team as well as managing a $350MM pipeline from participation through funding. His extensive experience with loan processing, documentation and closing practices makes this well-deserved promotion a natural progression for Rodney.
“Please join me in congratulating Derek, Sharon, and Rodney on their new roles. These valued team members have demonstrated great dedication to both Extensia and its customers during a time of strategic growth. Our collective goal is to continue educating and empowering credit unions of all sizes to realize enhanced revenue and meet production goals through commercial real estate lending. Again, our congratulations and thanks go out to each of these team members for their years of contribution and hard work.” — Craig S. Page, President/ CEO.
Extensia Financial, one of the nation’s largest Credit Union Service Organization (CUSO) dedicated to serve our customer-partners as the most trusted, most utilized commercial real estate member business lending CUSO in the country.
Derek Matjeka
Sharon Fleeman
Rodney Jones
About Extensia Financial
Extensia Financial is one of the most seasoned credit union service organizations (CUSO) focused on commercial real estate. Established in 1998, Extensia is a customer service-driven organization connecting credit unions with commercial real estate brokers, commercial mortgage brokers and high- net-worth investors through participation lending. Extensia partners with credit unions to diversify their lending portfolios, expanding credit unions lending programs beyond their communities, mitigating concentration risk while increasing their loan to share ratio. Extensia is actively seeking credit unions wishing to invest in commercial real estate lending opportunities from $2 million to $15 million to present to our investors. The company is headquartered in Northridge, California. To learn more visit www.extensiafinancial.com or follow Extensia on LinkedIn.
