SOMERSET, Ky. (June 25, 201) — A Casey County banker is the newest addition to the Southeast Kentucky Economic Development Corporation (SKED) staff.
Veteran banking executive Karen Minton, of Windsor, Ky., brings 30 years of lending experience to the nonprofit economic development organization as its new small business loan specialist. She joined the 10-member staff earlier this month.
Minton said coming to work for SKED presents her with new challenges and a fresh outlook on banking in the region.
“Nonprofit lending is a whole new direction in my life,” Minton said. “This new position will be challenging and rewarding for me. I’m excited to get to know the people SKED is helping grow their businesses through its loan programs.”
Minton has worked at several local banks over the years in a number of capacities. She brings experience in commercial lending, loan processing and expertise in the U.S. Department of Agriculture (USDA), Veteran’s Administration (VA), Federal Housing Administration (FHA) and conventional loans. She work most recently at the Casey County Bank in Liberty, Ky.
SKED Executive Director Brett Traver says Minton comes to SKED at a time when the organization is ramping up its lending in the region.
“Karen’s expertise in loan processing will give our lending department the boost it needs to close loans at a faster rate, giving our clients the money they need in a more timely and competitive fashion,” Traver said. “We are always happy to bring more local talent into our pool of professionals. I look forward to working with Karen.”
She is married to Mike Minton. They have one daughter, Jessica Minton of Lexington, Ky.
Minton can be reached at the SKED offices, located in the Center for Rural Development, by phone at (606) 677-6136 or email at [email protected].