Location: Salt Lake City, UT
- Compliance Consulting
Founded in 2001 and headquartered in Salt Lake City, UT, Celtic Bank is a leading nationwide small business lender specializing in SBA 7(a), SBA 504, USDA B&I, and conventional business loans, including real estate loans, equipment loans, debt refinance, and more. Celtic Bank is a privately owned industrial bank charted by the State of Utah, is an SBA Preferred Lender, and was named the 6th largest SBA Lender in the nation in FY2015. Recently, the bank was in need of a partner to enhance their Compliance Management Program to better recognize and document corrective action taken on identified issues, and validate such action is sustained over time. ͞Generally, I think it looks good and is a significant improvement. Hopefully, this is a good indication of the work product we will get working with PBA.͟” – Reese S. Howell, Jr., Chief Executive Officer, Celtic Bank.
ProBank Austin was selected by Celtic Bank because of PBA’s approach to solving their issue, which included assigning a dedicated Relationship Manager to their account, so as to best understand the requirements and inner-workings of their bank. For Celtic Bank, PBA’s Relationship Manager worked directly with the Celtic team to manage the timeline and keep the bank up-to-date. This approach led to a positive result for Celtic Bank, as a significant improvement was made to their Compliance Management Program.