Urban Partnership Bank Promotes Loyd to Senior Business Banker in Detroit

Detroit, MI —(May 15, 2014)—Levoi K. Brown, Chief Banking Officer of Urban Partnership Bank, announced today that Beverley V. Loyd (55 years old), formerly an Asset Manager for the bank’s Managed Assets Group, has been promoted to Senior Business Banker. 

Loyd, a CPA, is an experienced commercial real estate and business banker.  In her new role, she will be responsible for generating new loan organizations, underwriting, closing and servicing clients within the Detroit business community. As a senior asset manager at the bank, she developed and implemented strategies to save homeowners from foreclosure and business owners from closing their doors while maximizing principal recovery.

Prior to working to as an asset manager, Loyd was Vice President, Business Banking Manager for ShoreBank, the financial institution whose assets and deposits were acquired by Urban Partnership Bank from the FDIC in August 2010.  In this role, she originated $150 million in new loans for community development projects that created 1,200 jobs and 200 units of quality, affordable housing.

“Beverley brings a strong commitment to our mission, and that will help us build a stronger economic foundation for Detroit’s urban neighborhoods, while creating an environment that encourages additional investment,” said Levoi K. Brown. “She will play an instrumental role in building a strong pipeline and a sales culture rooted in sound underwriting and credit analysis – all of which are vital to the success of our customers, our communities and the bank,” Brown added.

Loyd is a graduate of the University of Michigan (Flint, MI) and earned her Masters of Science degree in Corporate and International Finance from Walsh College (Troy, MI).  She is a member of the Michigan Association of CPAs and the Delta Sigma Theta Sorority, Inc.

“This is a great opportunity to catalyze new opportunities and help with the ongoing revitalization of Detroit,” said Loyd. “Creating good jobs, developing quality affordable housing and helping small businesses grow are the keys to a stronger, healthier city,” added Loyd.

About Urban Partnership Bank:

Urban Partnership Bank at 4830 Cass Avenue is an FDIC-insured, certified Community Development Financial Institution with $1 billion in assets that was established when it acquired the deposits and some of the assets of ShoreBank from the FDIC in August of 2010.  Its mission is to make a difference every day: building vibrant urban neighborhoods, promoting economic and environmental sustainability and creating long-term success for its communities and the bank.  

We want to make banking more convenient for customers who are ‘on-the-go’ by being accessible from virtually anywhere, at anytime.

- William Farrow
Former President and CEO, Urban Partnership Bank