Daniel Felder, Vice President of Credit Administration at The Palmetto Bank in Greenville, has been named to the Board of Directors of Certified Development Corporation of SC (CDC).
CDC was created in 1994 to arrange government-guaranteed financing for qualified borrowers under the U.S. Small Business Administration's SBA 504 lending program.
At The Palmetto Bank, Felder underwrites, negotiates and approves retail and commercial loans and is entrusted with individual lending authority covering the bank's two largest growth markets. He initiated a partnership with Business Development Corporation (BDC), who by contract is responsible for the management of CDC. Through this partnership, The Palmetto Bank has utilized alternative loan programs to become a leader in small business lending in South Carolina.
Felder is a graduate of Wofford College and Stonier Graduate School of Banking at The Wharton School of Business. He also is a graduate of the South Carolina Bankers School and the SCBA Commercial Lending School. A Division 1 Academic All American on the Wofford golf team, Felder is an active supporter of the South Carolina Junior Golf Association, as well as a volunteer teacher for Junior Achievement.
"I've had the privilege of working with entrepreneurs in both startup and established businesses, helping them finance their dreams. I've worked with CDC to help make this happen, and now I'm excited to join the board as the corporation continues its work with manufacturers, professionals and many others looking for long-term financing for their facilities," Felder said.
The Palmetto Bank