We’re less than 100 days away from opening our first branch in Richmond (we’re aiming for a late September opening!).
As we approach our entry into another community, it’s important for us to pause on that exact word because community is what defines us as a bank: We are committed to personal, innovative service in the communities we serve, and Richmond will be no different.
No doubt, community banks have been challenged over the past decade. But, the importance of community banks across the country has remained.
Frank Keating, president and CEO of the American Bankers Association, recently appeared on Bloomberg TV to discuss the plight of community banks, saying, “There is no way you’re going to have financial services that you need and want – with a focus on the goodness of a town and the vitality of a community – without a community bank.” And Scott Shane, a professor at Case Western Reserve University, recently wrote how the decline in community banks is bad for small business for Entrepreneur.com.
We live, work and play in the communities we serve, and we cherish the fact that the decisions we make are made locally with our customers and communities in mind.
We can’t thank you enough for trusting us with your banking needs. We can’t wait to reveal to a new community what you already know – we’re all about community.