Oil tanks at sunset, Hong Kong Tung Chung
March 12, 2021

Modern Bank Expands New Energy Lending Team

Oil tanks at sunset, Hong Kong Tung Chung

Modern Bank, N.A. announced that Kelly T. Maloney has joined the Bank as an Energy Analyst supporting the Bank’s recent addition of an Energy Lending vertical in Dallas, TX. Kelly will report to Thomas E. Stelmar, Jr., Managing Director and Head of Energy Lending.

“Kelly brings the necessary combination of analytical, underwriting, and portfolio management experience in Energy Finance to meaningfully contribute to the growth of our Energy Lending platform. We are pleased to have Kelly join the Modern Bank team.” said Mr. Stelmar.

Modern’s new energy lending vertical is dedicated to meeting the needs of the oil and gas sector by providing senior credit facilities, including reserve based and midstream loans, as well as depository services to the industry’s middle market segment.

On the hire, Curtis Lueker, Chief Lending Officer and Head of Commercial Markets said, “We’re excited to have Kelly on the Commercial Markets Team, as we continue to expand our product set and build a leading energy lending infrastructure business for the middle market.”

About Modern Bank

Modern Bank is a privately owned, entrepreneurial bank that provides flexible, competitive and reliable senior debt financing solutions to commercial companies. Our experienced bankers specialize in working with lower middle-market companies and their owners to provide low-cost cash flow based financing solutions. Whether expanding a business, acquiring a company, or financing a new product, clients have come to rely on our deep credit market and industry knowledge, and the ability to provide tailored solutions for a variety of credit-related needs.

Modern Bank is an Equal Housing Lender and deposits are insured by the FDIC. Modern Bank is an Equal Opportunity Employer. We do not discriminate on the basis of any legally protected status and respect diversity.

Modern Bank, N.A., does not share any non-public personal information. We will never ask you for any non-public personal information such as social security numbers or account numbers through email.

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