When Brian Vander Pol moved from a private practice to an in-house role, he did so with the confidence that his relationship with his one and only client would be a solid one.
“When I was in private practice, probably 85% of my cases involved U.S. Bank,” recalled Vander Pol. “So I knew the client very well, and I found it very easy to identify with the people I worked with.”
Vander Pol, senior vice president and associate general counsel, joined U.S. Bank in 2013 after almost seven years at Dorsey & Whitney.
“I had recently gotten married, so I was looking for a more steady pace of life,” he said.
His focus until about a year ago was the company’s consumer products — mortgages, auto loans, auto leases, and lines of credit.
But when COVID hit, he pivoted his attention to small businesses. He helped U.S. Bank’s business line and risk departments in the implementation of the company’s Paycheck Protection Program lending efforts, and in 2020, U.S. Bank made more than 108,000 PPP loans totaling nearly $8 billion to small businesses.
According to Vander Pol, those loans potentially impacted more than 940,000 workers in 50 states and the District of Columbia who were hit hard by COVID’s economic impact.
Vander Pol said that with those PPP loans in the hands of those who need them, he looks forward to getting back to his usual areas of practice.
“I expect that with the new administration, there will be increased attention paid to consumer law-related issues,” he said. “The Paycheck Protection Program will run its course, and then we’ll be back to more of a business-as-usual advising function.”
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