Tilley Hired as Chief Credit Underwriter of AmeriNational Community Services


TAMPA, Fla., April 1, 2010 (GLOBE NEWSWIRE) -- AmeriNational Community Services, Inc. recently announced the addition of Rex Tilley as Chief Credit Underwriter.

With more than 26 years of experience in the financial and banking industry and 13 years of multifamily loan underwriting experience, Tilley brings to his new position a long history of property valuation, loan underwriting, risk assessment and asset management. Tilley will play a major role in AmeriNational's strategic plan which allows for accelerated projected growth over the next several years and expansion into new market areas.

"We are very pleased to have Mr. Tilley join our executive team," said Michael Torres, President & Chief Operations Officer. "Rex's extensive knowledge and experience in the affordable and market rate multifamily housing industry will serve as an integral complement in support of AmeriNational's mission to serve the diverse needs of its customers," he adds.

Tilley earned a Bachelor of Science degree in finance from Florida State University, School of Business. Tilley is also a Florida State Certified General Real Estate Appraiser.

About AmeriNational Community Services, Inc.

AmeriNational is a high-touch professional services firm with a strong background providing turnkey portfolio management services for housing agencies and municipal clients throughout the country. AmeriNational specializes in servicing loans made by cities, counties and other agencies under government-sponsored affordable housing programs. Other services include loan underwriting and document preparation, loss mitigation, funds disbursement, site inspections, tax credit monitoring and labor compliance monitoring. AmeriNational is a subsidiary of American Bank of St. Paul and has offices in Baltimore, Los Angeles, Tampa, North Liberty, Iowa and Albert Lea, Minnesota. For more information on AmeriNational, please visit www.amerinational.net.

The AmeriNational Community Services, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=4233


            

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