For the health and safety of our customers and employees and to do our part to slow the spread of COVID-19 in our community, our lobby access will be by appointment only. All of our drive thru locations and our branches inside Econo Foods in Houghton and Louie’s Fresh Market in Lake Linden will be available to continue to serve your needs.

Locations and Hours Here.

Online/Mobile banking and ATMs are available 24/7.

If you need to schedule an appointment, need to access your safe deposit box or with questions, contact us at 866.482.0404.

Business Lender

Department: Business Lending

Reports To: VP/Business Lending Director

Summary: Build relationships with SNB business customers. Evaluate, authorize, or recommend approval of business loans.

POSITION-SPECIFIC DUTIES & RESPONSIBILITIES:
• Meet with business loan applicants to obtain information for loan applications and to answer questions about the process.
• Explain to customers the different types of loans and credit options available, as well as the terms of those services.
• Obtain, compile, and analyze financial, credit, and background information on potential and existing borrowers as necessary for loan processing.
• Analyze applicants’ financial status, credit, and property evaluations to determine feasibility of granting loans.
• Approve loans within specified limits, and refer loan applications outside those limits for approval, based on the financial institution’s policies and procedures.
• Negotiate loan terms such as costs, loan period, loan repayment methods, and collateral specifications; make site/plant visits; and inform borrowers of loan commitments.
• Review loan agreements to ensure that they are complete and accurate according to policy.
• Coordinate collection efforts with loan collectors and contact borrowers.
• Work with clients to identify their financial goals and find ways of reaching those goals.
• Assist in identifying competition, trends, unfulfilled borrower needs, and potential lending opportunities.
• Understand and follow bank/department regulations, policies, and procedures, and participate in all compliance-related training.
• Other duties as assigned and/or necessary.

EDUCATION & EXPERIENCE:
• Bachelor’s degree in business, finance, or related field; or equivalent combination of education and experience.
• Two or more years commercial lending experience, preferred.