YADKIN FINANCIAL CORPORATION (NYSE:YDKN) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

0

YADKIN FINANCIAL CORPORATION (NYSE:YDKN) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On January 19, 2017, Nicolas D. Zerbib notified Yadkin Financial Corporation (the “Company”) of his decision to resign from the Board of Directors of the Company, effective as of the date thereof. Mr. Zerbib’s resignation is not a result of any disagreement with the Company’s management or the Company’s Board of Directors.

About YADKIN FINANCIAL CORPORATION (NYSE:YDKN)

Yadkin Financial Corporation is a bank holding company. The Company conducts its business operations through its subsidiary, Yadkin Bank, which is a chartered community bank that provides services in approximately 110 branches across North Carolina and South Carolina. Yadkin Bank provides banking, mortgage, investment and insurance services to businesses and consumers across the Carolinas. It operates through a segment, which is providing general commercial banking and financial services to individuals and businesses located in North Carolina and South Carolina, and to customers in various states through its Small Business Administration (SBA) lending program. It offers various loans, such as commercial and industrial (C&I) loans and government-guaranteed loans. The Company’s investment securities portfolio includes the United States Government-sponsored enterprise (GSE) obligations and securities guaranteed by the United States SBA. The Company’s primary source of funds is deposits.

YADKIN FINANCIAL CORPORATION (NYSE:YDKN) Recent Trading Information

YADKIN FINANCIAL CORPORATION (NYSE:YDKN) closed its last trading session up +0.21 at 32.45 with 141,485 shares trading hands.