Jeff Ernst

Jeff Ernst Email and Phone Number

Experienced Financial Executive and Chief Lending Officer @ LoanStar Technologies
Jeff Ernst's Location
Carlisle, Pennsylvania, United States, United States
Jeff Ernst's Contact Details
About Jeff Ernst

➥I am a dynamic and well-regarded executive leader with more than 17 years of diverse experience in enhancing the growth and performance of companies in financial services and technology. Additionally, I develop successful lending programs and systems, drive business development, and implement automation to move the organization forward.➥My background includes improving lending operations and expanding profitable portfolios, championing the organizational mission and goals. Additionally, I unlock growth and revenue potential and execute on challenges aligned with the enterprise vision.➥I am proficient at broadening product ranges, ensuring revenue diversification and strengthening against economic downturns. A results-driven executive translating organizational needs into revolutionary solutions accelerating change, transformation, and growth.

Jeff Ernst's Current Company Details
LoanStar Technologies

Loanstar Technologies

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Experienced Financial Executive and Chief Lending Officer
Jeff Ernst Work Experience Details
  • Loanstar Technologies
    Head Of Credit
    Loanstar Technologies Jul 2024 - Present
    Swarthmore, Pennsylvania, Us
  • Members 1St Federal Credit Union
    Chief Lending Officer
    Members 1St Federal Credit Union Dec 2016 - May 2024
    Enola, Pennsylvania, Us
    Position / Title: Chief Lending Officer (2021 to Present) | Senior Vice President of Consumer Lending & Credit/Debit Product Portfolio Management (2019 to 2021) | Vice President of Consumer Lending (2016 to 2019)Here, I successfully hold a key C-Suite position leading all lending products, such as consumer, mortgage, and commercial lending, along with credit and debit card origination and operations. Additionally, I am a visionary leader with an inspirational style, deeply dedicated to innovating products within the credit union.➥Drives a nationally recognized indirect automobile lending program, consistently ranked in the top 15 nationwide, with an annual funding volume exceeding $1B in central Pennsylvania alone.➥Enhanced net worth from 9% in 2017 ($343M) to 11.7% ($870M) in 2024.➥Leads strategies for profitable growth in the loan portfolio, overseeing underwriting risk, net margin management, and expansion of Commercial, Mortgage, and Consumer loan products. ➥Implemented an innovative lending system, streamlining the auto-lending process with automation, leading to a $6B loan portfolio and a top national ranking for the institution. ➥Expanded the credit union’s assets from $3.7B to $7.5B, with indirect auto lending accounting for over 50% of lending over a 7-year period. ➥Introduced automated decision-making processes resulting in 50% of decisions being automated, streamlining the loan portfolio to fund approximately $200M to $250M in loans monthly.➥Attained 7-minute loan approval times through indirect underwriters or automatic decisioning, facilitating loan funding within 24 hours.➥Oversees delinquency and charge-off risks, ensuring compliance with NCUA regulations through successful program audits, including comprehensive policy and underwriting reviews.
  • Central Penn College
    Adjunct Professor
    Central Penn College 2022 - 2022
    Summerdale, Pa, Us
    Taught an Investments class online
  • Campusdoor
    Senior Vice President Of Client & Product Management
    Campusdoor Jul 2005 - Nov 2016
    York, Pennsylvania, Us
    Senior Vice President of Client & Product Management (2010 to 2016) | Vice President of Sales & Client Relationships (2005 to 2009)Here, I functioned in key executive positions, specializing in student lending and origination software developmentorchestrated the evolution of CampusDoor from a student lending entity to a software company supporting b. Additionally, I anks in student lending, achieving substantial growth and success.➥Devised and executed an automated loan underwriting system for student loans, leveraging a state-of-the-art rules engine to make decisions on loans surpassing $1B without the need for underwriters, pushing the boundaries of fintech.➥As Senior Vice President, oversaw CD products, credit risk operations, software design, and underwriting for standard in-school and refinance loan processing.
  • Dickinson College
    Adjunct Professor
    Dickinson College 2014 - 2016
    Carlisle, Pennsylvania, Us
    I taught an on-site class in Elementary Statistics
  • Shippensburg University
    Adjunct Professor
    Shippensburg University 2008 - 2012
    Shippensburg, Pa, Us
    Taught Classes in Organizational Behavior and Sales Management
  • Lebanon Valley College
    Adjunct Professor
    Lebanon Valley College Jan 2001 - Dec 2004
    Annville, Pa, Us
    Taught classes in Health Care Finance and Health Statistics

Jeff Ernst Skills

Analysis Management Sales Business Strategy New Business Development Strategic Planning Team Building Insurance Employee Benefits Process Improvement Crm Account Management Sales Management Risk Management Marketing Customer Service Team Leadership Program Management Microsoft Office Consumer Lending Public Speaking Executive Management Data Analysis Customer Relations Problem Solving Call Center

Jeff Ernst Education Details

  • Shippensburg University Of Pennsylvania
    Shippensburg University Of Pennsylvania
    Applied Mathematics
  • Shippensburg University Of Pennsylvania
    Shippensburg University Of Pennsylvania
    Applied Mathematics

Frequently Asked Questions about Jeff Ernst

What company does Jeff Ernst work for?

Jeff Ernst works for Loanstar Technologies

What is Jeff Ernst's role at the current company?

Jeff Ernst's current role is Experienced Financial Executive and Chief Lending Officer.

What is Jeff Ernst's email address?

Jeff Ernst's email address is er****@****1st.org

What is Jeff Ernst's direct phone number?

Jeff Ernst's direct phone number is +151370*****

What schools did Jeff Ernst attend?

Jeff Ernst attended Shippensburg University Of Pennsylvania, Shippensburg University Of Pennsylvania.

What skills is Jeff Ernst known for?

Jeff Ernst has skills like Analysis, Management, Sales, Business Strategy, New Business Development, Strategic Planning, Team Building, Insurance, Employee Benefits, Process Improvement, Crm, Account Management.

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