finance industry may be required to
evolve from its conservative roots to
adapt to a younger workforce. Many
employers outside our industry are recruiting strong college graduates with
flexible work schedules and comprehensive benefits packages.
One of the reasons I chose to work
at Crestmark was the culture. When
I went to meet with folks in the Troy,
MI headquarters, everyone said the
bank was a great place to work with
a dynamic environment. Regardless
of age, having a comfortable place to
work is crucial.
Something Crestmark does to
ensure inclusion of a younger workforce is their great summer internship
program; it allows students to become
familiar with the industry, and hope
they return to work with Crestmark
We can all try to encourage young
professionals in commercial finance
to stay in commercial finance by
engaging them at CFA local and national events. It is easy to chat with
old friends, but we should make an
effort to bring new members into the
What is the best professional advice
you have been given and how have
you implemented it?
Jim Farrell, East division sales manager at Crestmark, reminds me to have
more patience. I am very energetic
and like to move at a fast pace, but the
transactions we come across in the
commercial finance industry require
close analysis and often require time
to get to completion.
How do you think the commercial
finance industry can attract more
There are noticeably not enough
young professionals in the industry,
and we need that to change. Firms
should hire more young professionals
and, when possible, hire a group of
them at around the same time frame.
My first job out of college was at an
investment firm in Philadelphia where
I was part of a group that were all
about the same age. It was great to
learn with friends, as well as commiserate together after a long day.
Young professionals enjoy working with colleagues at a similar stage
of their career, and look for an office
environment with positive energy, and
ideally with coordinated activities
outside the office to build a sense of
community and camaraderie.
In order to attract young profes-
sionals, the banking and commercial
tacy Odendahl is the vice president of business development for Crestmark Bank responsible for generating new asset-based lending, factoring and equipment financing opportunities. Stacy joined Crestmark in
August of 2015 and covers the Southeast territory from Atlanta, GA.
Prior to joining Crestmark, Stacy held several sales roles over seven years at
Bibby Financial Services and was consistently recognized as a top performer.
Since 2011, Stacy has been very active with the CFA Atlanta Chapter and currently serves as president of the Chapter’s Board of Directors.
Stacy has a Bachelor of Arts degree in economics from Stockton University.
Outside of the office, Stacy enjoys golfing, and relaxing on the beaches of
South Carolina and Florida. Stacy and her husband, Carl, reside in Dunwoody,
GA, where they are active members of St. Jude’s Church.
How did you wind up in the industry?
We know most kids don’t say, “I want
to be in commercial finance when I
ue to the economic down-
turn, I found myself looking
for a new career in early
2009. At a New Year’s Day
party in Florida, I met a
few Bibby Financial employees and
what they did sounded interesting. I
interviewed for an associate position
on the 5th, and started as an employee
on the 12th. I began in an analyst role
and was pleased to be utilizing my
degree in economics. However, within
six months, it was clear I was well
suited for sales. I really enjoy speaking
with clients and finding solutions for
companies in need of working capital
to grow their business.