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Lakeland Bank Expands Healthcare Banking Division to Additional States

July 12, 2022, 08:00 AM
Filed Under: Banking News

Lakeland Bank announced its Healthcare Banking division is expanding to new markets across the North and Southeast as well as the Midwest. Services are now available in Massachusetts, Ohio, Virginia and Florida in addition to New Jersey, New York, Pennsylvania, Connecticut, Maryland and Delaware – areas Lakeland’s Healthcare Banking team has effectively served since 2019. This recent expansion extends the reach of our resources for healthcare organizations and not for profits.

“Lakeland’s Healthcare platform has provided over $500 million in lending in our core markets around New Jersey, New York and Connecticut, so we’re thrilled for the opportunity to expand our services to other areas of the country. At Lakeland Bank we’re dedicated to building relationships and connecting with our customers – that’s what sets us apart from others, and we’re looking forward to helping meet the needs of new and existing customers from these added states.” said Ron Krauskopf, First Senior Vice President, Healthcare Banking Team Leader.

Lakeland Bank’s Healthcare Banking offers comprehensive lending and treasury management solutions to organizations across the healthcare spectrum. With a proven track record financing transactions in excess of $60 million and a strong understanding of the healthcare landscape, its team of experts have become go-to partners for not-for-profit organizations, hospitals, higher education, senior living facilities, private equity groups, medical office building buyers, real estate investment trusts, large medical practices, behavioral health and ambulatory/outpatient facilities.

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