I would also be interested in these responses.

 

Thank you,

 

Maria Reichart

Chief Loan Operations Officer

Shore Bancshares, Inc

 


Maria Reichart
Chief Loan Operations Officer
Our mission is your success.
Shore Bancshares, Inc. | 28969 Information Ln EastonMD 21601
Office: 410-763-8289 | Mobile: 410-310-1213 | Internal: x39150 | Fax: 410-763-8415
xxxxxx@shbi.com | shbi.com | NASDAQ:SHBI
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From: xxxxxx@simplelists.com [mailto:xxxxxx@simplelists.com] On Behalf Of Munroe, Russ A
Sent: Thursday, June 25, 2015 2:27 PM
To: xxxxxx@simplelists.com
Subject: SilverLake MA-RUG hazard insurance tracking

 

Hello all – the questions below are from Heather Porter in our Commercial Operations Group – please respond to her at xxxxxx@grbbank.com.

 

 

Would any other banks be willing to share their hazard insurance tracking policy/process for loans? 
Do you track insurance for all loans with collateral or have a dollar amount cutoff? 
How do you handle SBA loans or pledged loans? 

Do you have a blanket insurance policy that would cover the loss of uninsured collateral? 

Do you use third party service providers to track insurance and if so, who?

 

 

 

Genesee Regional Bank

 

Russ Munroe

VP, Bank Operations Manager

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Genesee Regional Bank

190 Linden Oaks
Rochester, NY 14625

phone: 585-419-8147

fax: 585-419-8149

email: xxxxxx@grbbank.com

GRBbank.com

 

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