The Bancorp Bank to lay off dozens, end small-business loan originations
The Bancorp Bank plans to lay off dozens of employees and discontinue new loan originations for retail and wholesale customers by year-end as part of a restructuring of its small business lending program, eliminating 64 jobs.
By Elias SchisgallThe Bancorp Bank will layoff dozens of employees as a result of its plan to discontinue new loan originations for retail and wholesale customers by the end of the year, part of a restructuring of its small business lending program.The change will lead to the elimination of 64 jobs…