SOURCE: DRB (Darien Rowayton Bank)

DRB (Darien Rowayton Bank)

April 15, 2016 14:00 ET

UPDATE - DRB Lending Completes Lease for New Manhattan Office

DRB Lending Expands Office Space in New York, NY and Opens Facility in Bridgeport, CT

NEW YORK, NY--(Marketwired - Apr 15, 2016) -  DRB Lending (DRBL), an affiliate of Darien Rowayton Bank, a leading bank and the fastest marketplace lender to reach $1 billion in student loan refinancing originations, today announced their office expansion in Manhattan for an additional 20 employees.

As DRBL continues to grow, the company has signed a lease to move into 4,550 square feet of new office space at 1995 Broadway in Manhattan. Over the next year, DRBL will continue to expand its New York presence and has plans to hire and fill the new space. This strategic business unit located in Manhattan is focused on expanding DRBL's technology and marketing capabilities. In addition to the Manhattan expansion, the new lease in Bridgeport, CT includes 11,900 square feet, room for 120 employees, and will house the core units of operations, underwriting, and customer support.

"To date, Darien Rowayton Bank has seen an overwhelmingly positive response from the borrower community as we solve a very real challenge for them in managing their student loans," said Aryea Aranoff, Chief Strategy Officer of DRBL. "DRBL's build out in both New York and Connecticut is a testament to the rapid growth that the bank has experienced, and the growth we expect to continue to experience as DRB Lending continues to innovate and seek out new ways to serve clients."

About DRBL

DRB Lending (DRBL) is an affiliate of Darien Rowayton Bank. Darien Rowayton Bank is a leading national marketplace lender and the fastest lender in industry history to reach $1 billion in student loan refinancings. FDIC insured and established in 2006, Darien Rowayton Bank has helped thousands of professionals with graduate and undergraduate degrees across the country to refinance and consolidate federal and private student loans, saving these borrowers thousands of dollars each.

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