Washington, DC (October 14, 2008) — NCB, known for providing creative financial solutions tailored to meet the needs of its customers, has promoted Munevver Yolas to Senior Vice President of Capital Markets.
“We are happy to announce that Munevver has been promoted to Senior Vice President of Capital Markets,” said Charles E. Snyder, President and CEO of NCB. “Throughout her tenure at NCB she has shown dedication, great attention to detail, and a strong work ethic. We are confident in her continued success in this new position.”
In this capacity, Ms. Yolas will manage multiple private, agency, SBA and commercial real estate loan sales up to $250 million. In addition, she will be responsible for overseeing the Capital Markets team to ensure gain on loan sale, while maintaining data integrity and reputation with investors and the rating agents. Additionally, she will be in charge of project management, loan and bond structuring and presentation, cash flow modeling and direct negotiations with investment banks, investors and rating agencies in executing transactions.
Working at NCB for nearly a decade, Ms. Yolas has been, instrumental in the Bank's capital markets activities. For over a year, she has been responsible for managing the Capital Markets Team and recently took on the additional role of selling SBA guaranteed loans.
Ms. Yolas received a Bachelor of Arts in Mathematics and Economics and a Management Studies Certificate in Marketing and Citation in Finance from University of Rochester in 1996. She also received a Master of Science in Finance from Bentley Graduate School of Business in 1998 and is a Chartered Financial Analyst.
As a full-service financial institution, NCB provides term loans, lines of credit, commercial and residential mortgages, construction loans, lease financing, private placements, and personal and business banking products. In addition, the Bank offers an array of other business banking products via its secure, online cash management platform, including Real Time Deposit, NCB’s remote deposit capture product allowing businesses to efficiently deposit checks via remote scanning services operated at the business’ location. The Bank is also a member of CDARS network, providing customers with a single source for FDIC insurance on CDs up to $50 million.
NCB Financial Group (NCB) consists of National Consumer Cooperative Bank, a wholesale funding company; NCB, FSB, a federally-charted savings bank; and, NCB Capital Impact, a 501(c)3 nonprofit. Loans and other financial services are provided by NCB, FSB and NCB Capital Impact. Deposit products and services are provided by NCB, FSB, which is a member FDIC. Each is a separate corporation within the NCB Financial Group.
NCB is dedicated to strengthening communities nationwide through the delivery of banking and financial services, complemented by a special focus on cooperative expansion and economic development. Headquartered in Washington, DC, NCB also has offices in Alaska, California, New York and Virginia. In addition, NCB has a growing community banking network in southwestern Ohio. To learn more about NCB, visit www.ncb.coop.