ANTHONY RUSSO

** ****** *****

Warwick, New York 10990

845-***-**** Cell

845-***-**** Home

ace1ua@r.postjobfree.com

EMPLOYMENT HISTORY

Mid-Hudson Valley Federal Credit Union, Kingston, New York 8/12-7/14

Business Loan Officer

. Responsible for the origination of commercial loans, through a

concentrated calling effort on new prospects, existing members of the

credit union and other referral sources.

. Structuring of various types of commercial loans, such as commercial real

estate mortgages, term loans, business lines of credit and SBA 504 & 7A

loans.

. Calling on potential commercial loan prospects with branch managers.

. Presentation of new loan requests to the credit union's Loan Committee

for approval.

. Preparation of the loan officer's presentation analysis for new loan

requests.

. Cash flow analysis of accountant prepared financial statements and tax

returns to establish repayment ability.

. Obtaining and reviewing the required tax returns and financial

information for new loan requests.

. Cross-selling of other retail commercial bank products,

such as business checking/savings accounts.

CIT, Livingston, New Jersey 10/11-8/12

Problem Loan Specialist

Monitoring of foreclosure litigation on various loans made nationwide.

Computer tracking and documentation of problem loans on Special Assets

Management System (SAMS) software.

Daily contact with outside counsel.

. Review of legal documentation and pleadings pertaining to foreclosure

litigation.

. Analysis of financial statements for the preparation of loan deferments,

workouts and modifications.

. Preparation and analysis of internal approval memorandums and offer in

compromise proposals for short-sale and deed in lieu transactions.

Preparation of demand letters and delinquent loan letters.

Contact with auctioneers, and monitoring of business asset auctions.

. Determination and processing of charge-offs.

Collection calls to recover loan payments on past due loans.

Lakeland Bank, Oak Ridge, New Jersey 3/10 - 10/11

VP Commercial Loan Workout Officer

Responsible for the workout of delinquent commercial loans through

modifications & forbearance agreements; negotiation of settlements and

settlement agreements; sales of mortgages; and litigation.

Monitoring of litigation through the foreclosure process and taking of

commercial real estate into OREO. Monitoring of litigation on the note &

guaranty.

Working knowledge of foreclosure and bankruptcy laws.

. Preparation of Certifications of Amount Due for attorneys. Review of

foreclosure complaints and law division complaints.

Collection calls to recover loan payments on past due loans. Aiding of

loan officers in obtaining loan payments on past due loans and

transferring loans to workout.

Preparation of demand letters and delinquent loan payment letters.

Working with loan operations and various taxing authorities regarding the

payment of delinquent real estate taxes by the bank, to protect the real

estate collateral.

Exercising of the bank's right to setoff on delinquent loans, through the

liquidation of existing checking and demand deposit accounts with the

bank.

Repossession of vehicles and business assets.

Daily contact with internal and external attorneys.

. Processing of loan downgrades and upgrades, placing of loans on non-

accrual and charge-off of loans.

USA Bank, Port Chester, New York 1/08 - 2/10

VP Credit Administration Officer

. Workout and restructuring of non-performing commercial loans.

. Preparation of credit analysis on various types of commercial loans, and

presentation to loan committee.

. Structuring and sizing of all types of commercial loans.

. Management of a $65 million existing commercial loan portfolio.

. Analysis of accountant prepared financial statements and tax returns.

. Analysis of cash flow, debt service coverage and loan to value ratios.

. Renewals and extensions of matured commercial loans.

Community Bank of Orange, Middletown, New York 3/06-6/07

AVP Commercial Loan Officer

. Commercial loan origination and cross selling of residential mortgages

and deposit accounts.

. Presentation of commercial loan requests to the Board of Directors.

. Independent assessment and structuring of loan requests.

. Cash flow underwriting analysis of financial statements and federal tax

returns to establish repayment ability.

. Analysis of various types of commercial loans such as subdivision

development financing, construction mortgages, commercial real estate

permanent mortgages, working capital lines of credit and SBA 504 loans.

Provident Bank, Middletown, New York 12/02-3/06

AVP Commercial Loan Officer

. Generation of new commercial loans through a concentrated calling effort

on prospects, existing customers and referral sources. Use of extensive

branch network to generate new business.

. Managed and maintained a commercial loan portfolio in excess of $40

million, consistent with the bank's goals and lending philosophy.

. Presentation of loan requests to the Directors' Loan Committee when

dollar amounts exceeded management lending authority.

. Independent assessment of loan requests.

. Cash flow analysis of accountant prepared financial statements and tax

returns to establish repayment ability.

. Structuring and analysis of various types of commercial loans such as

residential subdivision development; commercial construction; commercial

real estate mortgages; working capital lines of credit; and SBA 504

loans.

. Cross-selling of cash management and other retail bank products.

BSB Bank & Trust, Binghamton, New York 10/01 to 10/02

Commercial Credit Analyst

. Preparation of loan presentation summaries and assignment of risk ratings

for commercial loans.

. Presentation of underwritten SBA 7A loans to the Loan Committee and Board

of Directors for final approval.

. Completed in-house, formal credit training program.

. Analysis of corporate income statements, balance sheets and cash flow

statements for commercial and industrial loans. Determination of debt

service coverage and repayment ability.

. Review of cash flow, collateral, equity injection, management's

experience and personal credit in the preparation of a credit risk

analysis for each loan.

. Cash flow and balance sheet ratio analysis, using T-Soft SBA Form Master

software for all types of SBA 7A loan transactions.

. Preparation of a loan report and all required SBA documents on T-Soft SBA

Form Master.

EDUCATION

Fordham University Widener University School of Law

Bronx, New York Harrisburg, Pennsylvania

B.S. Accounting - May 1989 J.D. - May 1994

Accounting Honor Society

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