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You are here: Home / Community / Business News Bits / Regional Development Co. appoints new board officers, honors members

Regional Development Co. appoints new board officers, honors members

November 18, 2020 – By Larry Avila Leave a Comment

Regional Development Co.The Regional Development Co. recently elected its board offers for 2021 and honored its top referring lenders for 2020.

Mike Riehle, president of chamber services with the La Porte Economic Advancement Partnership, was named to the RDC’s board of directors. The RDC administers the U.S. Small Business Administration’s 504 Loan Program in Indiana and the greater Chicago metropolitan area.

The RDC’s board officers for 2021 include: Michael Schneider, First Financial Bank, chair; Matt Saltanovitz, Indiana Economic Development Corp., vice chair; Scott Casbon, First Merchants Bank, secretary; John Matthiesen, retired from CliftonLarsonAllen LLP, treasurer; and Rex Richards, Valparaiso Chamber of Commerce / Valparaiso Economic Development Corp., past chair.

The RDC’s top referring lenders also recently were recognized.

Centier Bank was named Bank of the Year Award with 15 loans and $11.6 million in referral dollars. The 2020 Lender of the Year awards were presented to Tim Spoelman of Centier Bank who referred $4.2 million in SBA loan dollars; and Chris Chatfield, First Merchants Bank; Heather Thompson, Old National Bank; Greg Gottschalk, Centier Bank; and Tim Spoelman, Centier Bank, for each referring three loans to the RDC.

Lenders inducted into the Millionaires Club, which recognizes lenders who have referred loans of $1 million or more, included Dan Shelby, Peoples Bank; Greg Gottschalk, Centier Bank; Pat McGinley, Teacher’s Credit Union; Lisa Misch, 1st Source Bank; Tim Warner, Centier Bank; and Tim Spoelman, Centier Bank.

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Larry Avila
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Larry Avila
Larry is an award-winning journalist with more than 25 years of experience working with daily newspapers and business-to-business publications around the Midwest. Avila is a Michigan native and a graduate of Central Michigan University.
Larry Avila
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Filed Under: Banking, Business News Bits Tagged With: Around the Region, membership awards, new officers, Regional Development Co.

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It takes an army

Commemorating 30 years

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