Manager Real Estate
Resume:
Michael F. Bloom
Rochester, MN 55902-1533
e-mail: ******@***.***
Summary:
Professional in the credit and finance industry with the most recent 10 years in business and
commercial real estate financing with Home Federal Savings Bank in Minnesota and
AnchorBank in Wisconsin. Experience in all facets of commercial lending, credit operations,
marketing of credit services, and customer support. Strengths lie in the ability to visualize,
develop and implement creative strategies and practical solutions to a broad range of
financial business issues. Sound background and proven record in ability to build cohesive
and efficient work teams that provide consistent bottom-line results.
Experience:
Home Federal Savings Bank – Commercial Lending, Rochester, MN 2008 to 2009
Organized in 1934 in Spring Valley, MN this $1.1 billion in total assets bank is a subsidiary of HMN
Financial, Inc. and a federally chartered stock savings bank headquartered in Rochester, MN. The
bank operates 11 full-service offices in southern Minnesota and 2 full-service offices in Iowa with a
total of 200+ employees. As of FY 2008, the commercial business loan portfolio was $284 million and
$632 million in commercial real estate.
Vice President
Manage a $45 million portfolio which includes Home Federal purchased participations. Cross-sell
existing and new bank products including cash management and retail services. Prepare and present
business case summaries for new opportunities and renewals of existing loans to Corporate Loan
Committee for final decision. Monitor and collect existing customer base and proactively identify and
manage risk through customer contact, available market information and annual credit reviews. Direct
work activities of support staff of credit analysts and credit assistants. Generate new commercial
loans and deposit customers through calling efforts, marketing and referrals.
AnchorBank - Commercial Lending Group, Appleton, WI 1999 to 2008
Founded in 1919, this $4.539 billion in total assets consumer-oriented bank is Wisconsin’s largest
thrift with headquarters in Madison, WI. The Anchor Bank network includes 76 full-service facilities
with a commercial business loan portfolio of $235MM and $1B in commercial real estate as of FY
2007.
Assistant Vice President
Solicit new opportunities for business and commercial real estate loans through the use of referrals,
marketing campaigns, mail / phone solicitations and existing AnchorBank customers. Interview
prospective loan customers, analyze structure, and prepare loan requests for submission to the
appropriate approval authority using loan policy as a guideline for credit decisions. Responsible for
proper documentation and closing of loans according to departmental guidelines. Cross-sell
additional AnchorBank services to existing and prospective customers. Assist the branches and
departments within AnchorBank to ensure proper service to our business customers.
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Michael F. Bloom
2364 Timberwood Lane SW
Rochester, MN 55902-1533
e-mail: ******@***.***
Tech Data Corporation - Clearwater, FL 1993 - 1999
Full-line distributor of technology products worldwide, operating in over 30 countries, serving more
than 100,000 resellers with some 75,000 products from over 1,000 manufacturers / publishers. $12B
annual sales.
U.S. Credit Services Manager
The Credit Services department consisted of 20 employees of which 5 were direct reports. Directed
day-to-day tasks necessary to ensure proper handling and processing of 32,000 credit applications
annually and 6,000 credit reference contacts per month. Oversaw all incoming calls to the Credit
Services Department, ensuring good reseller / financial vendor relationships. Managed special
finance services such as distribution finance (“floorplanning”), third party end-user leasing, credit
cards, Assignment of Proceeds and Escrow Agreements. The floorplanning volume grew from
$67MM in 1994 to $1.2B in 1998. The credit card volume grew from $53MM in 1994 to $118MM by
1998. Third party end-user leasing grew from almost nil to $1.5MM per month by 1998. Assignment
of Proceeds, Escrow Agreements and other more specialized financing services represented 2000
deals per year with annual sales of $30MM. Analyzed risk and implemented strategies and
procedures to mitigate potential risks. Guided research, development and implementation of new
policies, procedures and programs in support of continuous improvements.
AT&T Capital/Eaton Financial Corporation - Tampa, FL 1988 - 1992
Subsidiary of AT&T, offering worldwide leasing/rental of office equipment, computers, printing,
medical and automotive equipment.
Operations Manager - National Accounts/Central Processing Group
Bad Debt Manager
Chrysler Capital Corporation - Tampa, FL 1986 - 1988
Subsidiary of Chrysler Corporation offering middle market leasing and financing
District Operations Manager
Corporate initiative to consolidate resulted in closure of this District office in 1988.
CIT Corporation and CIT Leasing Corporation - Tampa, FL 1984 - 1986
District Credit Manager
Corporate initiative to consolidate resulted in closure of this District office in 1986.
Education:
B.S. General Management with Sales/Marketing Minor
Purdue University - Krannert School of Management - West Lafayette, IN
Professional:
Certified Credit Executive (“CCE”) by National Association of Credit Management (“NACM”)
Past Treasurer and member of the Board of Directors of the “Appleton Breakfast Rotary Club”
Active member of the “Appleton Downtown Rotary Club” through May 2008
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