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Coast Fed Business Credit Corp. names new senior vice president.


LOS ANGELES--(BUSINESS WIRE)--March 22, 1995--Coast Fed Business Credit Corp. (CBCC CBCC Community Based Child Care
CBCC Colorado Black Chamber of Commerce
CBCC Cloudbase Country Club (governing body of hang gliding sites in western WA)
CBCC Conviction By Civil Court
), the asset-based lending subsidiary of Coast Federal Bank, has named Stanton C. Marcus to be its new senior vice president and director of marketing.

Prior to joining CBCC, Marcus was vice president and western region marketing manager for the Los Angeles office of BNY BNY Bank of New York  Financial, the commercial finance subsidiary of the Bank of New York The Bank of New York, abbrieviated to BNY, was a global financial services company that existed until its merger with the Mellon Financial Corporation on July 2, 2007.[1] The bank now continues under the new name of The Bank of New York Mellon Corporation. . In this position, he managed western region marketing, closings and funding for all new lending relationships, including asset-based loans, factoring facilities and term loans.

Before joining BNY Financial, Marcus held a number of high-level positions in the commercial finance industry. These include serving as vice president of marketing for Congress Financial, vice president and manager of Westinghouse Credit Corp.'s L.A. office and vice president and manager at GE Capital's West Coast office.

A graduate of the Harvard Business School Harvard Business School, officially named the Harvard Business School: George F. Baker Foundation, and also known as HBS, is one of the graduate schools of Harvard University. , where he received his MBA in 1981, Marcus has also received a law degree from the UCLA UCLA University of California at Los Angeles
UCLA University Center for Learning Assistance (Illinois State University)
UCLA University of Carrollton, TX and Lower Addison, TX
 Law School. He is a member of the Commercial Finance Association, the Association for Corporate Growth, the L.A. Venture Association and the Wharton and HBS Alumni Associations.

Coast Fed Business Credit is a subsidiary of Coast Federal Bank, a federal savings bank Noun 1. federal savings bank - a federally chartered savings bank
FSB

savings bank - a thrift institution in the northeastern United States; since deregulation in the 1980s they offer services competitive with many commercial banks
 with assets of $8.2 billion and 92 retail banking and lending offices in California.

CONTACT: Coast Federal Bank, Los Angeles

Jack Baruch, 310/820-6681
COPYRIGHT 1995 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1995, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Mar 22, 1995
Words:233
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