USFC Financial Corporation (OTCMKTS: USFC) is a bank holding company headquartered in Wilmington, Delaware, serving small and medium-sized businesses as well as consumer clients across the Mid-Atlantic region. Through its primary subsidiary, USFC Bank, the company offers a full suite of commercial and consumer banking services. Its strategic footprint encompasses urban and suburban markets in Delaware, Pennsylvania and New Jersey, where it caters to local entrepreneurs, families and not-for-profit organizations.
The company’s product offering includes traditional deposit accounts—such as savings, checking and money market instruments—alongside a range of lending solutions for business owners and homeowners. USFC Bank provides commercial real estate financing, equipment leases, and lines of credit to support working capital needs. On the consumer side, the institution issues residential mortgages, auto loans and personal installment loans. In addition, USFC Financial leverages digital banking channels to offer online account access, mobile payments and remote deposit capture.
Since its founding in 1989, USFC Financial has expanded both organically and through targeted branch acquisitions. Early growth centered around community banking in Wilmington, followed by external entry into neighboring counties in the late 1990s. Over the past decade, the company has invested in technology platforms and enhanced its treasury management services, enabling local businesses to automate payroll processing, merchant card acceptance and cash-flow forecasting.
Leadership at USFC Financial is anchored by Chief Executive Officer Daniel R. Lee, who joined the board in 2014 and assumed the CEO role in 2016. Under his tenure, the company has refined its strategic plan to prioritize customer experience, risk management and disciplined credit underwriting. The board of directors comprises seasoned professionals with backgrounds in finance, regulatory compliance and community development, guiding USFC Financial’s mission to foster regional economic growth.
AI Generated. May Contain Errors.