July 15, 2020
|Mitchell A. Morgenstern
6110 N. Sacramento
Chicago, IL 60659
Born – September 18, 1953
I am looking for a job that matches my experience and strengths in Commercial Lending – Primarily Healthcare
MB Financial Bank – Fifth Third Bank November 1986 – March 2020
Started out as a commercial lender with Peterson Bank, a $200 million Bank in Chicago.. Bank was acquired by Manufacturers Bank and as it grew changed its name to MB Financial Bank. MB was acquired by Fifth Third Bank in March 2019. I was offered a choice between continuing with Fifth Third Bank or taking severance. I chose severance.
In 2005, I was promoted to Senior Vice President – Division Head responsible for the Lincolnwood Office. At its peak I oversaw a staff of six individuals. We built up the department to $275 million in loans with $125 million in deposits. The portfolio was 50% in health care loans, with 35% in real estate loans and 15% in commercial loans. This portfolio consisted 100% of relationship banking with zero participations purchased.
In 2014 my department was instructed to focus 100% on healthcare loans. I was allowed to retain my existing non-Healthcare customers. Our department focused on retaining relationships and building our share in the local market. At the same time my department built up a national presence in the Assisted Living and Memory Care Market, financing projects across the country.
In 2017 my responsibilities changed and my title changed to Managing Director – National Healthcare. My job was to continue to support my customer base and source relationships.
FDIC – Chicago, IL November 1977 – October 1986
Bank Examiner responsible for Safety and Soundness, and compliance examinations.
Roosevelt University, Chicago, IL September 1974 – June 1977
BSBA – Accounting
CPA – 1977