Hyperion Bancshares Reelects Its Eight Board Members, Hears Reports on PPP Lending and other Progress
Wednesday, May 26th, 2021
At its annual meeting May 20, shareholders of Hyperion Bancshares, Inc., Hyperion Bank’s holding company, heard from CEO and Chairman Charlie Crawford, who began by noting that the bank continues to grow, with some significant markers to demonstrate progress.
Crawford – a longtime Atlanta community banker – shared that the bank was able to get SBA approval for 150 applicants in the 2021 Paycheck Protection Program, with an aggregate loan amount of $13.3 million. (In 2020 Hyperion helped 300 PPP applicants get approved, with an aggregate of $23 million.)
“Once again our relatively small and agile team tackled as much or more of the SBA PPP market than many larger financial institutions,” says Hyperion President & COO Lou DeCesare. “I’m proud that we’re always ready to jump in and help customers in special circumstances like the pandemic (and subsequent CARES Act funding), and for ongoing funding options like SBA and other commercial lending.”
The meeting also saw the re-election of eight board members; reelected to serve another year are Crawford; DeCesare; Jill K. Jinks, Chief Executive Officer of Insurance House Holdings, Inc.; James J. McAlpin, Jr., Partner, Bryan Cave Leighton Paisner, LLP; Robert N.C. Nix, III, Founder and President, Pleasant News, Inc.; Michael J. Purcell, retired Audit Partner, Deloitte & Touché; Lara Rhame, Chief U.S. Economist, FS Investments; and Gretchen M. Santamour is a Partner in Philadelphia law firm Stradley Ronon.