AP NEWS

Ashley Olejnik Joins The Bancorp Small Business Lending Team

January 29, 2019

WILMINGTON, Del.--(BUSINESS WIRE)--Jan 29, 2019--The Bancorp, Inc. (NASDAQ: TBBK) announces that Ashley Olejnik has joined the Small Business Lending team in the role of Vice President, SBA Business Development Officer. She supports small business owners regionally and nationally across a range of industries by providing Small Business Administration (SBA) lending expertise and services. She is based in Nashville, TN.

With a financial services career spanning over 20 years, Olejnik has extensive knowledge of SBA financing. Most recently, she was Vice President, SBA Business Development Officer at Suntrust Bank.

“Ashley’s background aligns perfectly with The Bancorp’s national lending platform that focuses on both the SBA 7(a) and 504 products,” said Jeff Nager, Executive Vice President, Head of Small Business Lending. “Her know-how will increase our capabilities as we continue to expand our national portfolio. We’re pleased to welcome her to our team.”

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 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

View source version on businesswire.com:https://www.businesswire.com/news/home/20190129005754/en/

CONTACT: Media Relations

Rachel Weiss, AVP Marketing & Communications Manager

(302) 385-5410

rweiss@thebancorp.comInvestor Relations

Andres Viroslav, Director of Investor Relations

(215) 861-7990

aviroslav@thebancorp.com

KEYWORD: UNITED STATES NORTH AMERICA DELAWARE TENNESSEE

INDUSTRY KEYWORD: PROFESSIONAL SERVICES BANKING FINANCE

SOURCE: The Bancorp, Inc.

Copyright Business Wire 2019.

PUB: 01/29/2019 04:00 PM/DISC: 01/29/2019 04:00 PM

http://www.businesswire.com/news/home/20190129005754/en

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