Building Business From Within

SALT LAKE CITY, July 12, 2013 /PRNewswire/ -- Celtic Bank today announced that it has named Rich Wilkinson as Business Development Officer for the SBA (Small Business Administration) and Commercial Lending department to address its growing Utah market. Wilkinson reports to Executive Vice President, Craig Calafati.

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"Celtic Bank is currently the 8th most active SBA lender in the nation. We are experiencing record loan volumes, all due to the high quality service provided by our staff," reported Calafati.

"We are delighted to have someone of Rich's character joining our efforts in financing the growth of Utah's small businesses," said Calafati. "As we continue to strategically expand our capabilities and add depth to our team, the extensive relationships and industry knowledge of each team member will greatly enhance our ability to help our customers succeed financially in a difficult business environment."

Having successfully analyzed business plans, financials, and reviewed risk and mitigating factors on new and existing loans, Wilkinson understands how to leverage the strengths of Celtic Bank and provide world-class client service.

In his more than 5 years at Celtic Bank, Wilkinson has worked on hundreds of transactions worth millions of dollars. He is currently obtaining his Master's in Business Administration from the University of Utah. "Our ability to attract and keep top talent like Richard is a testament to our continued growth and Celtic Bank's commitment to building its position as a leader in small business banking," added Calafati.

About Celtic Bank

Celtic Bank, headquartered in Salt Lake City, Utah, is among the top 10 most active SBA lenders in the nation. 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 and real estate financing. 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") repeatedly awarded Celtic Bank the state SBA lender of the year. Learn more about Celtic Bank at: www.CelticBank.com or call 800.854.7848.

Contact: Jessica Wilson, 1-801-320-6569, [email protected]

SOURCE Celtic Bank