Thanks to a stable regional economy and a local customer base well-known to lenders, regional commercial lending standards have stayed the course since the 2008 financial crisis, reports the Rochester Business Journal.
Dave Halladay, senior vice president and GRB's chief lending officer, is quoted extensively in the article. "Customers who put expansions on hold are now looking to grow." He adds that GRB is making loans in sectors from manufacturing to sevices.
Tags: commercial lending, RBJ, Rochester
