Nationally, U.S. Bank ranked second among SBA bank lenders and third overall among both bank and non-bank SBA lenders in terms of loan dollar volume, according to the SBA. U.S. Bank ranked sixth nationally in overall loan volume.
U.S Bank ranks in the top five in number of loans in 18 of its 21 SBA districts. It ranks first in Kansas City, St. Louis and Portland, Ore.; second in Colorado, Minnesota, Seattle/Spokane and Wisconsin SBA Districts. Additionally, U.S. Bank ranks third in Cleveland, Columbus/Cincinnati, Kentucky, Nebraska, Nevada, Sacramento, Calif.; and Tennessee districts.
New officer assignments at Farmers National Bank
Jay Ramer recently was promoted to vice president, chief financial officer at Farmers National Bank in Danville. He joined the organization in May of 2004.
Ramer is a graduate of The University of Mississippi and received his master's of science in accountancy from the University of Kentucky. He is currently attending the Graduate School of Banking at Louisiana State University and graduated from Financial Managers School, sponsored by the Graduate School of Banking at the University of Wisconsin at Madison and the Financial Managers Society.
Ramer currently is chairman of the finance committee of the Salvation Army Board and resides in Danville with his wife, Mary Quinn Ramer.
Lura Combs joined Farmers National Bank in November as an assistant vice president, loan officer focusing on conventional, FHA, VA and Kentucky Housing. She recently retired from another organization, where she was a mortgage loan officer for 12 years.
Combs resides in Stanford and attends Double Springs Baptist Church.
In making these announcements, president and CEO Greg Caudill said, "Jay's background and training as a C.P.A. are certainly beneficial in his role as the bank's chief financial officer. We are delighted that he has made Danville his home and are pleased to have someone of his caliber on our staff.
"As we become more and more involved in secondary market lending, Lura's knowledge and experience will become increasingly valuable to us. I'm confident that she will help us increase this part of our loan portfolio."
New York Life agent relocates office
Paula J. Lanham, agent with New York Life Insurance, has relocated her office to 120 E. Main Street, Suite 4, Danville. It was previously located on Bragg Street in Perryville. Her business services people in Boyle and surrounding counties as well as in other cities across Kentucky.
Lanham has been an agent with New York Life for more than 20 years and has lived in Boyle County more than 17 years. She is a volunteer with Wilderness Road Girl Scouts as leader for 10 years and council trainer for seven years. She also is treasurer of the Boyle County Service Unit Girl Scouts. Lanham also volunteers with other local community service projects.
New York Life Insurance Company, a Fortune 100 company, was founded in 1845 and is the largest mutual life insurance company in the United States and one of the largest in the world. Headquartered in New York City, New York Life's family of companies offers life insurance, annuities and long-term care insurance.