AREA Bancshares Names Schroeder as Top Holding Company Lending Officer.Business Editors OWENSBORO, Ky.--(BUSINESS WIRE)--June 14, 2001 AREA Bancshares Corporation (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : AREA) (www.areabancshares.com), Kentucky's largest bank holding company, has named banking veteran Edward H. Schroeder as senior vice president for loan administration, the company's top lending position. Schroeder has been the senior loan officer for the company's AREA Bank in Owensboro since joining the organization in 1996. Prior to that, he served nearly 25 years in the Iowa banking industry, most recently as market president for Firstar Bank Iowa in Burlington. "Ed has done an outstanding job in Owensboro, successfully managing a loan portfolio of some $322 million," said John Ray, AREA Bancshares executive vice president and chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. . "In addition, he has consistently led his department to double-digit growth in commercial loans." Schroeder is a graduate of the University of Iowa Not to be confused with Iowa State University. The first faculty offered instruction at the University in March 1855 to students in the Old Mechanics Building, situated where Seashore Hall is now. In September 1855, the student body numbered 124, of which, 41 were women. and the Graduate School of Banking in Madison, Wis. Scott McCain, who has been vice president of the Owensboro commercial banking department since 1994, is succeeding him as senior lender for AREA-Owensboro. He joined the bank in 1988. McCain is a graduate of the University of Kentucky The University of Kentucky, also referred to as UK, is a public, co-educational university located in Lexington, Kentucky. , the Louisiana State University Louisiana State University and Agricultural and Mechanical College, generally known as Louisiana State University or LSU, is a public, coeducational university located in Baton Rouge, Louisiana and the main campus of the Louisiana State University System. Graduate School of Banking and the ABA National Commercial Lending School. AREA Bank (www.abcbank.com) operates throughout Kentucky in 39 cities with 72 banking centers and 96 automatic teller machines See ATM. . Through its subsidiaries, AREA offers a broad range of bank-related services, including trust and brokerage services. |
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