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GRBblog

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.

As we work to help small business in Rochester grow even in these challenging economic times, it made sense for us to take advantage of federal funds available for just that purpose. GRB is one of 20 community banks nationwide to receive part of $253 million in capital through the Treasury Department's Small Business Lending Fund (SBLF).

 

Part of the Small Business Jobs Act, the SBLF was established to encourage community bank lending to small businesses. Read the Daily Record article here.

 
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Clients enjoyed free Ben & Jerry's ice cream one afternoon in July as part of our 15th anniversary celebration.

 

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This month's Monroe County Business Brief has two GRB-related items. Commercial Banker, Pat Murray was honored earlier this summer as one of two County Bankers of the Year. His second time winning this accolade, Pat referred four projects to Monroe County Economic Development, all of which successfully closed.

 

GRB client Pactech Packaging, Inc. is highlighted in the Business Profile. A manufacturer of flexible packaging, Pactech recently moved to a 127,000 s.f. facility in Ogden, utilizing Monroe County's SBA 504 program to purchase and renovate the building.

 

 

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Join GRB in supporting the Bivona Child Advocacy Center by dining at Pellegrino's on July 28, 29, and 30. Bring in this flyer to either of the Pellegrino's locations between 3 - 8pm and 20% of your purchase will be donated to Bivona. Click Continue Reading for more details.

 

GRB has been a supporter of Bivona Child Advocacy Center for a number of years. This nonprofit facilitates a collaboration of professionals who specialize in child abuse. They protect, treat, and counsel children and their families so the journey of healing can begin. Click here for more information.

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Rochester Institute of Technology's Nathaniel Rochester Society has given its highest honor to Phil Saunders, founder of TravelCenters of America, chairman and founder of Genesee Regional Bank, owner of Saunders Management Co. and a member of the RIT bord of trustees. Click below for more or read the RIT news release.

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GRB Chairman Phil Saunders is not only an entrepreneur and philanthropist, but is also an avid outdoorsman who hikes, hunts and fishes on 3,000 acres he has come to own in the sleepy, picturesque Livingston County township of Ossian.

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GRB fielded a team of 19 employees running and walking in the annual JPMorgan Chase Corporate Challenge on May 24. 

 

 

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Continuing his philanthropic work for the Rochester area, GRB Chairman Phil Saunders has given a $10 million gift to the University of Rochester Medical Center’s neuromuscular program. Donating to organizations that bring jobs to the area is a priority for Saunders.

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The Greece Chamber of Commerce announced today the winners of their 2011 Civic Awards. GRB is proud to be a sponsor of this event, which highlights the impressive people and places that are working to make Greece an even better place to live and work. The awards ceremony will take place on 4/28 at the Greece Marriott.

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In 2006, RIT received $13 million from entrepreneur E. Philip Saunders to create the E. Philip Saunders College of Business.  A lifelong entrepreneur, Saunders is currently Chairman of GRB.  RIT highlighted him in their alumni magazine. 

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We are proud to announce the inaugural student art show at the Elizabeth Regional Gallery at ARTISANworks, made possible by GRB.  

 

For the first time, ARTISANworks is partnering with NYSATA Region 2 to help recognize the extraordinary K-12 student artists in this community.  Forty student works from 24 school districts will be on display in the Elizabeth Regional Gallery - a new gallery exhibit space sponsored by Genesee Regional Bank.

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Phil Saunders, GRB’s Chairman, embarked on an epic adventure last summer.  In July 2010, Saunders’ six-man team, the Sugar Creek Bears, paddled 17 hours a day for over a week on the Yukon River through Canada and Alaska.  RIT's alumni magazine profiled their odyssey

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Phil Saunders continues his involvement in the transportation and energy industries, accepting a position as a director of Torvec, a local company that develops automotive energy saving technologies.  Read their blog post about the addition.

 

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GRB joins twelve clients on the list of Rochester’s fastest growing, privately held companies.  The Democrat & Chronicle interviewed Phil Pecora as part of their Top 100 coverage. 

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