Tuesday, March 2, 2010

The Value of Community Banking

In late December, the Huffington Post ran an article about the strength of the community banking system in America. Noting that the community banks in America understood the local economy and would be leaders in the economic recovery – lending to small businesses - where the job growth would occur. In the article, it mentions a list of community banks, unfortunately, newer banks were not listed. However, our clients recognize that we are still well capitalized, have a clear understanding of the needs of our community and work to solve those needs. Here is the Huffington story – click on the video clip, which is mid-way through the article. It is a takeoff of the movie It’s a Wonderful Life, with Jimmy Stewart.
http://www.huffingtonpost.com/arianna-huffington/move-your-money-a-new-yea_b_406022.html

Last week, the Bay Area television station KTVU ran a similar story. (The story runs after the advertisement.)
http://www.ktvu.com/video/22678440/index.html

And then this past weekend, CBS News Sunday Morning Show ran the story.
http://www.cbsnews.com/stories/2010/02/28/sunday/main6253064.shtml?tag=cbsnewsTwoColUpperPromoArea

Here is the video of the CBS Sunday Morning show.
http://www.youtube.com/watch?v=uI1tqeuXy80

While I’m no George Bailey – we are here to be that community bank that works with our clients. Yes, banking regulators have tightened the lending parameters – but in spite of that, we are working with our community on the economic recovery here in the Napa Valley. Thank you for your support. And if you haven’t – then please “Move-Your-Money”.

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