SC Community Loan Fund announces CEO Selection & Leadership Transition
FOR IMMEDIATE RELEASE
The South Carolina Community Loan Fund Announces Leadership Transition
CHARLESTON, SC (or COLUMBIA, SC) – The Board of Directors of the SC Community Loan Fund is pleased to congratulate Nate Barber and Deborah McKetty as they announce their decision to retire as CEO and President by the end of this year.
Board of Directors Chair, Martin L. Livingston, noted “In Fall 2021, Nate and Deborah agreed to step in following an unexpected CEO transition. They have worked closely with the board over the last four years to stabilize and grow the organization—from $40 million to $58 million in total assets. Together, they introduced new loan products and services, allocated $50 million in New Markets Tax Credits and — most recently — established a $12 million Housing Trust Fund in partnership with Charleston County. They have also begun modernizing SCCLF’s infrastructure, developed a Strategic Action Plan with a comprehensive succession strategy, and built a strong, mission-driven team to execute that strategy and carry the work forward”.
The SCCLF Board has been preparing for this transition for several months, and has retained an executive search firm, The Boland Group, to lead the selection of the next CEO. Torrey Rush, SCCLF’s immediate past Board Chair, agreed to Co -Chair the 2025 CEO Selection and Transition Committee with Board Member Quinetha Frasier. Torrey commented “Martin, Quinetha and I worked with the Boland Group on the 2021 CEO search which led to the successful recruitment of Nate and Deborah . We are pleased to have the opportunity to select SCCLF’s next CEO as part of our four year succession plan. We thank Nate and Deborah for their work with the board and senior leadership team to develop a comprehensive onboarding plan and ensure a smooth leadership transition.”
Quinetha commended Nate and Deborah’s succession planning, which included leadership coaching for the five members of the executive team, individually and as a group. “Thanks to Nate and Deborah’s leadership, we believe that the organization is in a favorable position of selecting our next executive leader from an exceptionally strong field of internal and external CEO candidates.”
For questions regarding SCCLF’s CEO Selection and Transition, please contact Board Chair Martin Livingston at 864-230-5288 or via MLivingston@SCCommunityLoanFund.org.
The 2025 CEO Position Overview can be found here. To apply or learn more contact Ann Boland
If you would like to provide input to SCCLF’s 2025 CEO Selection & Transition process, please access the stakeholder survey here.
About the SC Community Loan Fund: For over 20 years, the South Carolina Community Loan Fund (SCCLF) has been a catalyst for economic growth and development. At SCCLF, we are advancing access to capital to build assets and benefit the communities and people most in need of economic opportunity. As a mission-driven Community Development Financial Institution (CDFI), we provide financing and resources to support affordable housing, small businesses, community facilities, and access to healthy food in communities across the South.
Media Contact: virginia@tealhausstrategies.com
More Insights
We’ve worked in the nonprofit space, and a lot of things have changed, but our commitment to these vital organizations and people they impact remains our singular focus. Learn more by clicking below.