Cathy Schassberger joined Invest Detroit in May of 2022 as the Vice President, Loan Accounting. In this role she leads the organization’s loan accounting team which manages the tracking of all lending and venture investment activity, and assists in compliance reporting to ensure the programmatic goals are advancing and positively impacting the city and its residents.
A California native, Cathy founded her own marketing company where she worked until moving to Michigan and shifting to a career in the financial industry. After working as a financial analyst for Comerica Bank for five years, she migrated toward directorial positions with an emphasis on SBA and serving the small business community at Republic Bank, First Place Bank, Flagstar Bank and Level One Bank. Cathy was an officer in the Flagstar Bank Women’s Employee Resource Group, the chair of the Michigan Bankers Association Environmental Affairs Committee, a member of the SBA Region 5 Lending Committee and actively participates in NAGGL.
Outside of work, she enjoys spending time outdoors with her family—including two children, four stepchildren, and many grandkids.