Elaine A. Stanko, Esq.

Senior Counsel

Elaine A. Stanko, Esq. is a banking and financial services attorney with more than 30 years of experience in commercial and consumer financing. In her practice, she represents lenders and borrowers, including community banks, with loan origination, negotiation and closing and is experienced with Small Business Administration (SBA) government-secured loans and economic development financing.

In her business and corporate practice, Elaine assists clients with business formations, corporate governance and drafting, reviewing and negotiating contracts. She has experience with business transactions and represents buyers and sellers on mergers and acquisitions. Elaine also assists with commercial real estate transactions by preparing and reviewing purchase and sale agreements as well as financing and loans.

Prior to joining Saxton & Stump, Elaine was the Vice President and Director of SBA Loan Documentation for a community bank based in Reading, PA where she managed a team of loan documentation specialists who reviewed applications, documented loans and prepared commitment letters and term sheets, including for Paycheck Protection Program (PPP) loans for businesses. She has practiced business and corporate law at law firms across central Pennsylvania, including McNees Wallace & Nurick, Fox Rothschild and Barley Snyder.

Elaine is active in the community and passionate about helping children with learning disabilities. She has served on the board of trustees for The Janus School in Mt. Joy, PA since it was founded 30 years ago. She also serves on the board of directors for Easterseals Eastern Pennsylvania, an organization that provides resources for individuals with disabilities, veterans, seniors and their families.


The Dickinson School of Law, J.D., 1985

Shippensburg State College, B.A. in English, 1981

Bar Admissions


Court Admissions

Supreme Court of Pennsylvania

U.S. District Court for the Eastern District of Pennsylvania


Greater Reading Chamber of Commerce & Industry

Berks County Law Journal, Editor/Assistant Editor, 1992 – 1998

Community Involvement

The Janus School, Board of Trustees, 1990-present

  • Board President, 1994-1998 and 2002-2004

Easterseals Eastern Pennsylvania, Board of Directors, 2011-present

Women2Women Programming Committee, Greater Reading Chamber of Commerce & Industry

Women in Business Council, Greater Reading Chamber of Commerce & Industry

Leadership Lancaster, Board of Directors, 1998

Reading Public Museum & Art Gallery, 1989-1993

Speaking Engagements

“Social Media Policies,” Greater Reading Chamber of Commerce & Industry Human Resources Summit

The Greater Reading Chamber of Commerce & Industry Women’s Conference, 2008, 2009, 2010, 2011

Instructor American Banking Institute; Instructor, Robert Morris Associates


Pennsylvania Bar Association, Pro Bono Award, 2004

Girl Scouts of Eastern Pennsylvania Allocation Volunteer, Take the Lead Award, 2010

Leadership Lancaster, Class of 1993

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