Once upon a time, when you became an adult, you opened a checking account. No one really gave much thought to their choice of bank, other than location. Now there are so many more options. So. Many. More. Options. Like Goldilocks, how do you know which check account will work the best for you? It’s time to take a look at your lifestyle and ask some basic questions to help you decide.
While each lending situation is unique, many banks utilize some variation of evaluating the “Five C’s of Credit” when making credit decisions: Character, Capacity, Capital, Conditions, and Collateral. We’ll take a look at each of these considerations and how they may impact your funding request. Review each category and see how you stack up and how a community bank can help you and your business grow.
Read about the top three things your business can implement quickly and easily to improve information security.
As a fellow business professional, you don’t need me to tell you that building strong relationships with customers is critical to your success. You know that by improving the lives and livelihoods of your customers, their loyalty to you deepens, your relationships strengthen, and your own business grows as a result. Strong customer relationships create value for your customers, value […]
Standard Bank CEO, Tim Zimmerman, discusses what he has learned about community banks across the nation and where he thinks they will be in 20 years.