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Joseph LeMense Promoted to Managing Director, Community Development and Non-Profit Banking at United Bank

January 23, 2017
January 23, 2017

joelemense

HAND member United Bank has promoted its own Joseph LeMense to Managing Director of its Community Development & Non-Profit Banking Group. In his capacity, LeMense will lead the Bank’s non-profit business development and lending initiatives throughout the District, Maryland and Virginia. His primary focus will be on providing personalized financial solutions to mission-based organizations involved in community development, affordable housing, education, social services and trade associations.

“Joe’s knowledge of the Greater Washington non-profit community and his understanding of their unique banking needs make him a great asset, not only to United Bank’s non-profit group, but to our clients,” said Ross Draber, chief operating officer of United Bank. “His vision and dedication will be invaluable as United Bank continues serving local academic, religious, social and affordable housing organizations.”

LeMense brings nearly 35 years of local commercial lending experience to this role.  Most recently he served as United Bank’s Senior Vice President of Commercial Banking. LeMense’s areas of expertise include tax exempt bond finance, tax increment finance, Property Assessed Clean Energy (“PACE”) financing and Low Income Housing Tax Credit (“LIHTC”) and New Market Tax Credit (“NMTC”) financing.

“We have a responsibility as a community bank to give back to the areas in which we operate, and I look forward to leveraging this opportunity to provide local non-profits with the banking solutions and expertise that will help them achieve long-term success,” said LeMense. “Community reinvestment is not a compliance issue for us; it’s the right thing to do and an area to which we are very committed.” Congratulations Joseph!

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