Marine Bank & Trust has announced that Thomas J. Schinske has joined its commercial lending team serving the Martin and St. Lucie counties. As Vice President, Commercial Loan Officer, Schinske is responsible for raising awareness of Marine Bank’s capability to provide local businesses with the capital required to expand, seize opportunities, or invest in their future.
Schinske brings more than 20 years of banking experience to the 24-year-old community bank. Most recently, he was Vice President, Business Banking Relationship Manager for PNC in Stuart.
“Thomas is an innovative banker with a passion for providing businesses with financing options that help them grow and succeed,” said Bill Penney, President and CEO of Marine Bank. “His enthusiasm coupled with Marine’s ability to make local decisions quickly will be a winning combination for the businesses of the Treasure Coast.”
Marine Bank provides financial resources to small businesses through commercial real estate loans, construction loans, commercial lines of credit, SBA and USDA loans. In 2020, the Bank closed $61 million in commercial loans which enabled 166 businesses to grow and create new jobs. Additionally, in 2020, the bank processed 790 Small Business Administration (SBA) Paycheck Protection Program (PPP) applications totaling more than $62 million, which, based on the information provided by the borrowers’ applications, kept an estimated 6,500 employees on their employers’ payrolls for eight weeks.
In August of this year, the Bank opened a loan production office at 240 NW Peacock Boulevard, Suite 302 in St. Lucie West.