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 […]
Monroeville, Pa. September 26, 2018 – Standard AVB Financial Corp. (Nasdaq: STND) is pleased to announce that, effective September 28, 2018, John P. Kline will be appointed Executive Vice President and Chief Lending Officer of Standard Bank, PaSB (the “Bank”). Mr. Kline has spent his entire career in Community and Regional Banks in western PA. He has most recently served […]
Dear valued Standard Bank customer, Recently, Equifax, one of the three national consumer credit reporting agencies, announced a major data breach. This breach affects approximately 143 million Americans. This is what we know according to Equifax: the data breach occurred May – July 2017, and the information stolen includes consumers’ personally identifiable information, including names, Social Security numbers, dates of […]