Whether you are an organizer of a new bank or a community banker in an established institution, you are faced with a seemingly endless array of decision points ranging from those that are long-term and strategic in nature, to those that affect the day-to-day operations and management of the institution, to those that appear to be less significant and more mundane. Regardless of the size of the institution, nearly all of these decision points warrant a significant investment of time and attention. For a de novo group, the added demands of raising capital, building a management team, and developing a vision for the new enterprise can often consume all of your available resources. For an established bank, the added demands of managing a team, growing market share, studying your competition and planning for the future are very time and resource consuming as well.
In recognition of these challenges for both de novo groups and established institutions, Silverton Bank has designed The Advantage Program focused on helping you address the specific needs of a community financial institution by offering a turnkey solution and long-term partnership approach to correspondent banking.
The Advantage Program includes:
• An insurance services subsidiary offering the expertise and product knowledge to design an insurance program tailored to the unique needs of community banks.
• A full array of lending services to facilitate both the organizational process and the ongoing loan participation needs of both new and established institutions, providing assistance and expertise with commercial lending, commercial real estate and specialty finance opportunities.
• Flexible turnkey operations capabilities that minimize cost and maximize efficiency that begin on day one of implementation and continue to grow with your institution.
• Comprehensive bankcard services including both cardholder and merchant products branded for your institution and designed to allow your institution to share in the interest income generated.
• Portfolio and balance sheet management services focused on providing the investment management services that meet your specific needs.
• Consulting resources available to assist in developing value driven strategic plans, site selection and market analysis as well as compensation plans and human resource advisory services tailored to the specific needs and business plan of a community bank.
• Investment banking advisory services to assist an institution’s board of directors in evaluating and quantifying the short and longer term consequences of various business and financial strategies.
Through these programs and those outlined in detail in the pages that follow, over 400 dedicated correspondent professionals at Silverton Bank become your partners. While on the surface, many correspondent services appear to be relatively generic in form, the value that is added by the professionals at Silverton Bank is the differentiating factor that will produce both monetary and intangible benefits for your institution in both the short and long-term. Finally, we appreciate this opportunity to introduce our services to you and are eager to have you meet as many of our correspondent professionals as possible. In short, the sooner we begin the partnership process, the sooner we begin adding value to your institution.
Advantage Program Details
Silverton Bank, N.A. is a national banking association primarily regulated by the office of the Comptroller of the Currency. Deposit accounts are Federal Deposit Insurance Corporation (FDIC) insured.
© 2009 Silverton Financial Services, Inc. All rights reserved.
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