CHICAGO, June 18, 2013 /PRNewswire/ -- Cole Taylor Equipment Finance, a subsidiary of Cole Taylor Bank, today announced that David M. Drury has joined the company as group senior vice president of sales and capital markets. In this role, Drury will report to CTEF president, Edward A. Dahlka, Jr.
Drury joins the bank from General Electric Capital Corporation, where he was most recently managing director of intermediary funding, focused on helping financial institutions and other intermediaries by acquiring mid-to-large sized loans and leases in the secondary market. Prior to that, he held positions as both regional sales manager and senior vice president of sales with General Electric Capital. Drury has more than 25 years of experience in credit and finance, having served in sales, credit and leadership positions with Mellon US Leasing and Banc of America Leasing & Capital/Nations Banc Leasing.
In commenting on the hire, Dahlka said, "I'm very pleased to welcome Dave to Cole Taylor. He is an established, well-respected leader in our industry. His extensive knowledge of the marketplace and his deep and broad experience in financial services is a natural fit for our growing company. He is going to be able to execute our strategic vision and ensure our success, I have no doubt."
David M. Drury
Group Senior Vice President
Sales and Capital Markets
Cole Taylor Equipment Finance
501 Fairmount Avenue
Towson, Maryland 21286
About Cole Taylor Equipment Finance
Cole Taylor Equipment Finance is a subsidiary of Cole Taylor Bank, a commercial bank headquartered in Chicago, Illinois, which is a wholly owned subsidiary of Taylor Capital Group, Inc. (TAYC – NASDAQ). Cole Taylor Equipment Finance seeks direct equipment lending opportunities and syndicated deals in the $2,000,000 to $20,000,000 range. Cole Taylor Equipment Finance can also provide access to the full range of business banking products and services offered by Cole Taylor Bank.
Cole Taylor Bank is a commercial bank headquartered in Chicago with assets of $5.8 billion as of March 31, 2013 and is a wholly-owned subsidiary of Taylor Capital Group, Inc. (NASDAQ: TAYC). Cole Taylor Bank specializes in serving the banking needs of closely held businesses and the people who own and manage them. With its national businesses, Cole Taylor Bank also provides asset based lending, commercial equipment financing, and residential mortgage lending through a growing network of offices throughout the United States. For more information, visit www.coletaylor.com
SOURCE Cole Taylor Bank