Press Release

The Bancorp Grows Small Business Lending Team with Two New Officers

Company Release - 2/22/2018 8:30 AM ET

New Hires Support Ongoing Expansion of the Bank’s SBA Lending Footprint

WILMINGTON, Del.--(BUSINESS WIRE)-- The Bancorp, Inc. (NASDAQ: TBBK) announces that Jeffrey Fulcher and Kevin Moon have joined its Small Business Lending team in the role of Vice President and SBA Business Development Officer. Fulcher will be based in the Phoenix region and Moon is based out of Dallas-Fort Worth. They will deliver The Bancorp’s SBA lending expertise and services to entrepreneurs across a broad range of industries both regionally and nationally.

Fulcher’s career includes a mix of entrepreneurial experience and small business lending. Most recently, he was an SBA/Commercial Loan Officer for Midwest Regional Bank. Moon joins The Bancorp with over 20 years’ SBA lending experience. Previously, he was Senior Vice President of Commercial Real Estate Lending at Green Bank.

As an SBA lending generalist, The Bancorp supports all types of term lending needs including business expansion, franchise, commercial real estate construction, debt recapitalization and more.

“The Bancorp Small Business Lending team is off to a strong start in 2018,” said Jeff Nager, Executive Vice President, Head of Small Business Lending. “Jeffrey and Kevin are seasoned additions bringing advanced expertise to our team as we continue to expand our SBA lending footprint.”

About The Bancorp

The Bancorp, Inc. (NASDAQ: TBBK) is dedicated to serving the unique needs of non-bank financial service companies, ranging from entrepreneurial start-ups to those on the Fortune 500. The company’s only subsidiary, The Bancorp Bank (Member FDIC, Equal Housing Lender), has been repeatedly recognized in the payments industry as the Top Issuer of Prepaid Cards (US), a top merchant sponsor bank and a top ACH originator. Specialized lending distinctions include National Preferred SBA Lender, a leading provider of securities-backed lines of credit, and one of the few bank-owned commercial vehicle leasing groups in the nation. For more information please visit www.thebancorp.com.

The Bancorp, Inc.
Media Relations:
Rachel Weiss, AVP Marketing & Communications Manager
302-385-5410
rweiss@thebancorp.com
or
Investor Relations:
Andres Viroslav
215-861-7990
aviroslav@thebancorp.com

Source: The Bancorp, Inc.