Independent Banker - April 2021 - 66

Frank Sullivan of
Hyperion Bank
(center) helped
customers
Natan Shvarts
and Igor
Giterman
launch their
rehabilitation
company.
Hyperion Bank: Believing in its customers
Community banks distinguish themselves from
big banks by looking beyond simple numbers and
getting to know borrowers, even when they may
have less-than-stellar applications.
That's exactly what Hyperion Bank did when
Natan Shvarts and Igor " Yosef " Giterman, both
Ukrainian immigrants, walked into a branch in
Philadelphia in 2016.
" This was just one of those situations where
someone comes in and you realize they're at a
crossroads, " says Frank Sullivan, executive vice
president at the $244 million-asset community
bank. " Natan had graduated from rabbinical school,
but he was renovating homes to augment his pay. "
Giterman worked for the same home rehabber,
and he and Shvarts clicked. The two soon realized
that if they could raise some capital, they could
work for themselves. That's what brought them into
Hyperion Bank.
" They said they had eyeballed this property that
was a teardown, " Sullivan says. " Their credit was
good, but they were young guys, just starting out.
They weren't sitting on a million dollars. But I
worked through the numbers and finally told them
I would take a run at it. Ultimately, we got the
loan approved. "
That first loan helped the duo launch Yona
Construction, now a thriving business that renovates
and builds homes and acts as a general contractor
for other clients. The relationship has flourished in
the years following that loan. Hyperion Bank has
made five or six more loans to the company since
then, and Giterman and Shvarts have referred a
number of other customers to the community bank.
" When people come to me, I let them tell their
stories, and that's what I did with Natan and Yosef, "
Sullivan says. " They were just really likeable guys,
and they've done a great job. I'm proud of them. "
66 Q ICBA Independent Banker Q April 2021
Photo: Matt Stanley

Independent Banker - April 2021

Table of Contents for the Digital Edition of Independent Banker - April 2021

Table of Contents
Independent Banker - April 2021 - Cover1
Independent Banker - April 2021 - Cover2
Independent Banker - April 2021 - Table of Contents
Independent Banker - April 2021 - 2
Independent Banker - April 2021 - 3
Independent Banker - April 2021 - 4
Independent Banker - April 2021 - 5
Independent Banker - April 2021 - 6
Independent Banker - April 2021 - 7
Independent Banker - April 2021 - 8
Independent Banker - April 2021 - 9
Independent Banker - April 2021 - 10
Independent Banker - April 2021 - 11
Independent Banker - April 2021 - 12
Independent Banker - April 2021 - 13
Independent Banker - April 2021 - 14
Independent Banker - April 2021 - 15
Independent Banker - April 2021 - 16
Independent Banker - April 2021 - 17
Independent Banker - April 2021 - 18
Independent Banker - April 2021 - 19
Independent Banker - April 2021 - 20
Independent Banker - April 2021 - 21
Independent Banker - April 2021 - 22
Independent Banker - April 2021 - 23
Independent Banker - April 2021 - 24
Independent Banker - April 2021 - 25
Independent Banker - April 2021 - 26
Independent Banker - April 2021 - 27
Independent Banker - April 2021 - 28
Independent Banker - April 2021 - 29
Independent Banker - April 2021 - 30
Independent Banker - April 2021 - 31
Independent Banker - April 2021 - 32
Independent Banker - April 2021 - 33
Independent Banker - April 2021 - 34
Independent Banker - April 2021 - 35
Independent Banker - April 2021 - 36
Independent Banker - April 2021 - 37
Independent Banker - April 2021 - 38
Independent Banker - April 2021 - 39
Independent Banker - April 2021 - 40
Independent Banker - April 2021 - 41
Independent Banker - April 2021 - 42
Independent Banker - April 2021 - 43
Independent Banker - April 2021 - 44
Independent Banker - April 2021 - 45
Independent Banker - April 2021 - 46
Independent Banker - April 2021 - 47
Independent Banker - April 2021 - 48
Independent Banker - April 2021 - 49
Independent Banker - April 2021 - 50
Independent Banker - April 2021 - 51
Independent Banker - April 2021 - 52
Independent Banker - April 2021 - 53
Independent Banker - April 2021 - 54
Independent Banker - April 2021 - 55
Independent Banker - April 2021 - 56
Independent Banker - April 2021 - 57
Independent Banker - April 2021 - 58
Independent Banker - April 2021 - 59
Independent Banker - April 2021 - 60
Independent Banker - April 2021 - 61
Independent Banker - April 2021 - 62
Independent Banker - April 2021 - 63
Independent Banker - April 2021 - 64
Independent Banker - April 2021 - 65
Independent Banker - April 2021 - 66
Independent Banker - April 2021 - 67
Independent Banker - April 2021 - 68
Independent Banker - April 2021 - 69
Independent Banker - April 2021 - 70
Independent Banker - April 2021 - 71
Independent Banker - April 2021 - 72
Independent Banker - April 2021 - 73
Independent Banker - April 2021 - 74
Independent Banker - April 2021 - 75
Independent Banker - April 2021 - 76
Independent Banker - April 2021 - 77
Independent Banker - April 2021 - 78
Independent Banker - April 2021 - 79
Independent Banker - April 2021 - 80
Independent Banker - April 2021 - Cover3
Independent Banker - April 2021 - Cover4
https://www.nxtbook.com/mspc/independentbanker/october2024
https://www.nxtbook.com/mspc/independentbanker/september2024
https://www.nxtbook.com/mspc/independentbanker/august2024
https://www.nxtbook.com/mspc/independentbanker/july2024
https://www.nxtbook.com/mspc/independentbanker/june2024
https://www.nxtbook.com/mspc/independentbanker/may2024
https://www.nxtbook.com/mspc/independentbanker/april2024
https://www.nxtbook.com/mspc/independentbanker/march2024
https://www.nxtbook.com/mspc/independentbanker/february2024
https://www.nxtbook.com/mspc/independentbanker/january2024
https://www.nxtbook.com/mspc/independentbanker/december2023
https://www.nxtbook.com/mspc/independentbanker/november2023
https://www.nxtbook.com/mspc/independentbanker/october2023
https://www.nxtbook.com/mspc/independentbanker/september2023
https://www.nxtbook.com/mspc/independentbanker/august2023
https://www.nxtbook.com/mspc/independentbanker/july2023
https://www.nxtbook.com/mspc/independentbanker/june2023
https://www.nxtbook.com/mspc/independentbanker/may2023
https://www.nxtbook.com/mspc/independentbanker/april2023
https://www.nxtbook.com/mspc/independentbanker/march2023
https://www.nxtbook.com/mspc/independentbanker/february2023
https://www.nxtbook.com/mspc/independentbanker/january2023
https://www.nxtbook.com/mspc/independentbanker/december2022
https://www.nxtbook.com/mspc/independentbanker/november2022
https://www.nxtbook.com/mspc/independentbanker/october2022
https://www.nxtbook.com/mspc/independentbanker/september2022
https://www.nxtbook.com/mspc/independentbanker/august2022
https://www.nxtbook.com/mspc/independentbanker/july2022
https://www.nxtbook.com/mspc/independentbanker/june2022
https://www.nxtbook.com/mspc/independentbanker/may2022
https://www.nxtbook.com/mspc/independentbanker/april2022
https://www.nxtbook.com/mspc/independentbanker/march2022
https://www.nxtbook.com/mspc/independentbanker/february2022
https://www.nxtbook.com/mspc/independentbanker/january2022
https://www.nxtbook.com/mspc/independentbanker/december2021
https://www.nxtbook.com/mspc/independentbanker/november2021
https://www.nxtbook.com/mspc/independentbanker/october2021
https://www.nxtbook.com/mspc/independentbanker/september2021
https://www.nxtbook.com/mspc/independentbanker/august2021
https://www.nxtbook.com/mspc/independentbanker/july2021
https://www.nxtbook.com/mspc/independentbanker/june2021
https://www.nxtbook.com/mspc/independentbanker/may2021
https://www.nxtbook.com/mspc/independentbanker/april2021
https://www.nxtbook.com/mspc/independentbanker/march2021
https://www.nxtbook.com/mspc/independentbanker/february2021
https://www.nxtbook.com/mspc/independentbanker/january2021
https://www.nxtbook.com/mspc/independentbanker/december2020
https://www.nxtbook.com/mspc/independentbanker/november2020
https://www.nxtbook.com/mspc/independentbanker/october2020
https://www.nxtbook.com/mspc/independentbanker/september2020
https://www.nxtbook.com/mspc/independentbanker/august2020
https://www.nxtbook.com/mspc/independentbanker/july2020
https://www.nxtbook.com/mspc/independentbanker/june2020
https://www.nxtbook.com/mspc/independentbanker/may2020
https://www.nxtbook.com/mspc/independentbanker/april2020
https://www.nxtbook.com/mspc/independentbanker/march2020
https://www.nxtbook.com/mspc/independentbanker/february2020
https://www.nxtbook.com/mspc/independentbanker/january2020
https://www.nxtbook.com/mspc/independentbanker/december2019
https://www.nxtbook.com/mspc/independentbanker/november2019
https://www.nxtbook.com/mspc/independentbanker/october2019
https://www.nxtbook.com/mspc/independentbanker/september2019
https://www.nxtbook.com/mspc/independentbanker/august2019
https://www.nxtbook.com/mspc/independentbanker/july2019
https://www.nxtbook.com/mspc/independentbanker/june2019
https://www.nxtbook.com/mspc/independentbanker/may2019
https://www.nxtbook.com/mspc/independentbanker/april2019
https://www.nxtbook.com/mspc/independentbanker/march2019
https://www.nxtbook.com/mspc/independentbanker/february2019
https://www.nxtbook.com/mspc/independentbanker/january2019
https://www.nxtbook.com/mspc/independentbanker/december2018
https://www.nxtbook.com/mspc/independentbanker/november2018
https://www.nxtbook.com/mspc/independentbanker/october2018
https://www.nxtbook.com/mspc/independentbanker/september2018
https://www.nxtbook.com/mspc/independentbanker/august2018
https://www.nxtbook.com/mspc/independentbanker/july2018
https://www.nxtbook.com/mspc/independentbanker/june2018
https://www.nxtbook.com/mspc/independentbanker/may2018
https://www.nxtbook.com/mspc/independentbanker/april2018
https://www.nxtbook.com/mspc/independentbanker/march2018
https://www.nxtbook.com/mspc/independentbanker/february2018
https://www.nxtbook.com/mspc/independentbanker/january2018
https://www.nxtbook.com/mspc/independentbanker/december2017
https://www.nxtbook.com/mspc/independentbanker/november2017
https://www.nxtbook.com/mspc/independentbanker/october2017
https://www.nxtbook.com/mspc/independentbanker/september2017
https://www.nxtbook.com/mspc/independentbanker/august2017
https://www.nxtbook.com/mspc/independentbanker/july2017
https://www.nxtbook.com/mspc/independentbanker/june2017
https://www.nxtbook.com/mspc/independentbanker/may2017
https://www.nxtbook.com/mspc/independentbanker/april2017
https://www.nxtbookmedia.com