SALT LAKE CITY, April 16, 2013 /PRNewswire/ -- Celtic Bank, a national leader in commercial and small business loans, today announced that Randall Farr has been named a Senior Loan Officer for the Mortgage Lending department. In this role, Farr will coordinate with financial professionals such as; CPAs, certified financial planners, attorneys, title officers and realtors developing new lending relationships for the bank. Farr reports to Celtic Bank Vice President, John Liley.
"Farr has an incredible background in business management and is a results-driven, strategically focused Senior Executive with a history of achievement and demonstrated success at consistently gaining a higher level of financial performance by driving better efficiency and value," Liley said. "With his leadership and experience, Randall will not only help us more effectively reach new customers and increase market share in the commercial and residential lending space, but also help to inspire and direct others to achieve extraordinary results and consistently drive improvements in operations."
Randall brings more than 30 years of mortgage banking experience to his new position at Celtic Bank. As a lending professional, he has served in multiple leadership positions for several companies providing his business savvy with operational expertise in corporate management, new business development and structuring complex transactions. For the past ten years, Farr was the Managing Director of ICON Commercial Lending Inc. As a member of the executive management team, he was tenacious in building new business, securing customer loyalty, and forging strong internal and external partnerships.
"I'm excited to be joining such an amazing team at Celtic Bank, where their commitment to provide true world-class service matches up with my passion for personal excellence," Farr said. "I am looking forward to applying my diverse experience and skills to further position Celtic Bank as the market leader in the residential mortgage arena."
Randall holds a Bachelor of Science degree in Political Science with an emphasis in Business Law from the University of Utah in Salt Lake City, Utah. He is currently associated with the Chamber of Commerce and Toastmasters International; and has past affiliations with the National Association of Mortgage Bankers, Utah Association of Alternative Lenders, Sugarhouse Exchange Club and Jr. Chamber of Commerce.
About Celtic Bank
Celtic Bank, headquartered in Salt Lake City, Utah, is among the top 20 most active lenders to small businesses in the nation. As a leading provider of business and real estate lending solutions. Celtic supports customers throughout the country, with needs ranging from traditional residential, commercial or SBA loans to equipment financing and real estate financing, and sale lease back transactions. Because the Bank is smaller, they make the effort to get to know each customer and move quickly to find unique solutions to complex financial needs. Celtic Bank specializes in giving customers financing tailored to their specific requirements. For this, the Small Business Administration ("SBA") awarded Celtic the SBA lender of the year three years in a row. Learn more about Celtic Bank at: www.CelticBank.com or call 800.854.7848.
Contact: Jessica Wilson
SOURCE Celtic Bank