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Welcome to the GRBblog! Get to know GRB, Rochester's only locally owned and managed commercial bank. A commercial bank, but also a community bank, with an entrepreneurial spirit about everything we do. We're committed to Growing Rochester Business and making our community a better place to live and work.

The GRBblog is where we post bank news and information, stories about the great organizations we support, and share relevant local and national business news.

Is Your HSA Due for a Check Up?

Laura Benotti, HSA Relationship ManagerFor those with a High Deductible Health Plan, your Health Savings Account is an important part of your health benefits package. 

"To maximize its benefits, make sure and give it a 'mid-year check up,'" says Genesee Regional Bank's Health Savings Account Relationship Manager Laura Benotti. 

"Your situation may have changed significantly since the beginning of the year," noted Benotti.  "If you aren't maxing out your HSA contribution and you end up adding a new medication or treatment, you could fall short in your account and not be able to take advantage of all the pre-tax savings offered by your HSA.  Take this opportunity to figure out whether you need to make some changes while there is still time to spread additional contributions out over the remainder of the year."

Benotti also points out that the opposite problem can also occur...contributing too much.  Since HSA dollars are saved as pre-tax dollars, if you contribute too much to your HSA account you will need to rectify the situation prior to filing your taxes or face an excise tax. 

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Facial Recognition Support Available on GRBmobile for iOS Users

Photo illustration representing facial recognition technologyThe latest upgrade to GRBmobile brings a number of enhancements to users, including support for iOS facial recognition technology used on the iPhone 10.  Now, GRBmobile users that unlock their mobile device with facial recognition can also bypass the user name and password requirement for GRBmobile using the same process.

If you have automatic updates turned on for GRBmobile, the latest version will be installed when available. If you manually update GRBmobile, go to the App Store or Play Store to install the latest version.

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Celebrating the Addition of New Services at Our Winton Road Branch

Photo showing ribbon cutting at Winton RoadGenesee Regional Bank (GRB) is pleased to have celebrated the addition of new services for both Retail and Commercial clients at its headquarters location at 1850 South Winton Road with a ribbon-cutting ceremony on May 2.  The event also coincided with National Small Business Week, recognizing the significant contributions of small businesses to the U.S. economy.

As a small business itself, GRB serves the small business community and individuals exclusively in the Rochester region.  Last year, GRB was presented with the Silver Award from the U.S. Small Business Administration for its lending activities.  The bank is also one of the top residential mortgage lenders in the community and provides full retail banking services including home equity loans, checking and savings accounts, CDs, Health Savings Accounts and more.   

In May 2016, GRB moved its headquarters to South Winton Road and added a small bank branch in the lobby with limited retail and business banking support.  Responding to customer demand, the bank recently added state-of-the-art Cash Recyclers to support a full range of cash transactions in the Winton branch.  Business customers can also begin using the new Night Depository in the bank's secure vestibule area for after-hours deposits.

The ribbon-cutting was attended by Nelson Lopatin from the Brighton Chamber of Commerce, Brighton Town Supervisor William Moehle, Director of Communications for the Honorable NYS Senator Joseph E. Robach, Director of Planning and Development for Monroe County Jeff Adair and President and CEO of the Greater Rochester Chamber of Commerce Bob Duffy. 

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Genesee Regional Bank Named to "Best Companies" List for 2018

Best Companies award graphicGRB is proud to announce that it has been recognized as one of the "Best Companies to Work for in New York 2018" by the NYS chapter of the Society for Human Resource Management (SHRM) in the small/medium size category. The 2018 award marks GRB's fifth year on the "Best Companies" list.

Rankings in the annual program are chosen based on employee responses to the engagement and satisfaction survey, as well as the employer-provided benefits and policies questionnaire. The results are analyzed based on eight core focus areas:

  1. Leadership and Planning
  2. Corporate Culture and Communications
  3. Role Satisfaction
  4. Work Environment
  5. Relationship with Supervisor
  6. Training, Development and Resources
  7. Pay and Benefits
  8. Overall Engagement

It is no small feat to appear on this list year after year. So, to the members of the GRB team, a sincere thank you.  Your ability to work together, provide our clients with outstanding service, and help each other every day makes all the difference. Your Best Makes GRB the Best!

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GRB Earns Silver Award for SBA Lending

Dave Halladay accepts SBA Silver Award

We are pleased to announce that GRB has once again been recognized by the U.S. Small Business Administration for its lending activities, earning a "Silver Award" for writing 36 loans worth $6 million to local businesses during the SBA's fiscal year 2017.  In total, our SBA loans helped preserve or add 419 jobs to the region's economy. 

We are also happy to announce that GRB team member Amber Rhinehart was presented with the SBA's "Ignite Award" for her efforts in guiding our SBA customers through the lending process.

As a community bank, we couldn't be more excited about our relationship with the SBA and what these loans mean to small businesses.  Thank you to the SBA and to our local representative Virginia Smith for bringing us good news and advocating for businesses in our community!

Amber accepts Ignite Award from the SBA

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