Arlington, VA (January 28, 2020) — National Cooperative Bank (NCB), a leading financial institution committed to serving cooperatives, their members and socially responsible organizations nationwide, reported $1.38 billion in loan originations for 2019.
NCB’s Real Estate Line of Business originated $901 million in financing for housing communities, $178 million in new loans for 692 individual unit owners and $93 million for other commercial real estate projects across the country.
NCB’s Commercial Lines of Business originated $132.7 million and Energy and Tax Credit Finance originated $73.6 million.
“NCB had a very successful year in loan originations across all of our customer segments”, stated Casey Fannon, Chief Lending Officer for National Cooperative Bank. “Low rates, a strong economy, and NCB's competitive market position within our niche cooperative sectors were key factors in our success. We look forward to another great year in 2020.”
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12 May 2022
National Cooperative Bank Honors Michele Fantt Harris and Rick Reed With Prestigious 2022 Spirit of Cooperation Award
03 Feb 2022
SSCC Awards NCB Minority Excellence Scholarship to Heidi Calderon
