Michael Shane

Michael P. Shane

Michael Shane has over 25 years banking experience with an emphasis on commercial lending and distressed loan workouts with community and regional banks, and national financial services companies at senior management levels. He is also an approved asset manager for the FDIC.

Mr. Shane is Chief Executive Officer for Commercial Affiliates and oversees the development of special asset workout strategies. He is skilled in credit review, underwriting, commercial loan administration and loan disposition, and he has served as a Commercial and Residential Loan Officer at regional banks. As Director, Special Assets/REO for a regional bank in Boston his responsibilities included:

• Negotiating workout plans with borrowers, auditors and regulators to identify loan modification and disposition strategies that minimized impact on bank capital.
• Working closely with regulators, CEO’s, and management teams to document and classify over $300 million non-performing loans and real estate assets.
• Coordinating implementation of cease and desist orders with CEO and presenting specific disposition strategies, supported by financial analysis, to Board of Directors.

Mr. Shane holds a Master’s degree in Operations Management from the University of Southern California, and he is a licensed Certified Financial Planner™. He resides in Issaquah, Washington.