CLEMMONS, N.C., March 20, 2017 /PRNewswire/ -- Sheffield
Financial, a division of Branch Banking and Trust Company, today
announced Jeff McKay has been named
president effective April 1. This
position was held previously by Jeff
Ellison who will transition to a new role as loan
administrator with the BB&T Commercial Real Estate and
Commercial Credit Administration groups.
"We are fortunate to have Jeff
McKay in this very important leadership role as he brings a
wealth of proven leadership," said Jack
Snow, Sheffield Financial CEO. "Jeff's background of success
in operations, credit and sales-focused roles, combined with his
entrepreneurial approach to business will provide a great
foundation for his new responsibility at Sheffield."
McKay, 53, joined BB&T in 1986, and has spent significant
time as a subsidiary manager in Specialized Lending, giving him
exposure to a number of BB&T's specialized finance companies.
Most recently he served as the director of Corporate Banking for
the Community Bank. Prior to this role, McKay held multiple
leadership positions of increasing responsibility in Corporate Loan
Administration, Commercial Real Estate Owned sales, Specialized
Lending and as a commercial credit officer and market
president.
McKay received his bachelor's degree in business administration
from Campbell University's Lundy-Fetterman School of Business and was a
Graduate with Distinction from the Stonier Graduate School of
Banking at the University of Delaware.
He was also a 1986 graduate of BB&T's Leadership Development
Program. Still active with his family's farm, as well as an avid
hunter and outdoorsman, McKay understands the unique requirements
demanded by Sheffield clients.
About Sheffield Financial
Clemmons, N.C.-based Sheffield
Financial is a division of Branch Banking and Trust Company, which
is a subsidiary of BB&T Corporation (NYSE: BBT). Sheffield,
which has financed more than $17
billion in loans since its founding in 1992, currently
services more than 30,000 outdoor power equipment, power sports and
trailer dealers nationwide. The company provides retail financing
options in all 50 states for more than 250 manufacturers of outdoor
power equipment, trailers and power sports equipment, such as
snowmobiles, all-terrain vehicles, side-by-side vehicles,
motorcycles and personal watercraft. For more information about
Sheffield Financial, visit SheffieldFinancial.com.
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SOURCE BB&T Corporation