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Chief Lending Officer Dave Halladay was quoted in an RBJ article about business refinancing. As interest rates begin to rise, businesses with variable rate loans are looking at refinancing to a fixed rate. The article examined the closer relationship commercial borrowers have with their lenders; it's much less transactional than for peple refinancing homes. 

 

"A certain component of [refinaning] is interest-rate driven, but it really comes down to what's going on in an individual business and where they are in the business cycle," Halladay says.  Since businesses' capital needs evlolve as they change and grow, it is imperative that commercial lenders are regularly connecting with their borrowers. 

 

 

Read the full article here

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Posted by on in GRB Employees

We are recognizing our Personal Bankers and all they do for GRB, in celebration of National Tellers' Appreciation Week. We consider our Personal Banking team more than tellers; they handle routine transactions, but also work to build relationships with our clients. Kudos to our Greece and Pittsford branch Personal Bankers for the high level of customer service they provide day in and day out. 

 

Linda Makowiecki, manager of the Greece branch, notes that the Personal Bankers exemplify GRB's trait of "Remarkable Customer Service," and that she is proud to be part of the team.

 

Pittsford branch manager Ben Norton echoes those sentiments, adding that the team always goes the extra mile to make customers feel welcome, doing whatever it takes to help meet their financial needs. 

 

 

Greece branch

 

Pittsford branch

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Posted by on in GRB Employees

On May 21, GRB runners and walkers participated in the annual Rochester JP Morgan Chase Corporate Challenge. The beneficiary of this year's event was the YMCA of Greater Rochester, an organization GRB is also proud to support. 

 

 

 

 
 
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Posted by on in GRB Employees

GRB Community Relationship Manager Dave Rossi has generously volunteered his time to be a business mentor to the Greece Chamber of Commerce's YEA! class. YEA!, or the Young Entrepreneurs Academy, offers students a year long class that transforms them into entrepreneurs. Founded locally, YEA! now offers programs in 17 states.

 

Rossi and the other volunteers provide feedback for the kids' business plans and help them along the process of establishing their business. Stay tuned for updates as this class establishes their businesses and competes agains other local YEA! programs.

 

 

 

 

Image from the Greece Chamber of Commerce February Newsletter.

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Posted by on in GRB Employees

GRB Senior Vice President for Commercial Lending, Paul Kaiser, is a featured panelist at the Small Business Council's inaugural Decision Makers' Forum on Tuesday, July 24.

 

The panel, Show Me the Money - Acquiring Capital for your Small Business, starts at 5:00pm at Midvale Country Club. John Halleran of Halleran Financial Group is the moderator; participants will break out into small group discussions with the panelists afterwards.

 

The Decision Makers' Forum is a new program from the SBC, offering business owners and senior managers the chance to engage with and learn from local experts, on a variety of critical business topics. SBC members are $30; $45 for nonmembers. For more information, see their website or contact Cindy DeVoldre at 256-4619.

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Posted by on in GRB Employees

Cathy Doran has been hired as a Senior Collateral & Documentation Specialist.  She previously worked for 6 years at RBS Citizens, NA as a Commercial Banking Loan Specialist. Cathy resides in Pittsford with her husband and 2 daughters.

 

Sharon Brownyard has been hired as Collateral and Documentation Specialist. She previously worked for Northwest Savings Bank for the past five and a half years in various capacities. Sharon resides in Irondequoit with her husband, Tom.

 

Nick Urbanik has joined GRB as Internal Bank Auditor at the Linden Oaks location. Nick previously worked at Deloitte & Touche as a Consultant and has 5 years of combined audit experience with Deloitte & Touche and Stewart Title. Nick resides in Brighton with his wife and two kids. 

 

 

 

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Posted by on in GRB Employees

Recently promoted to Portfolio Manager, Tim Levine is a true GRB success story.  He originally joined the bank in January, 2011 as a Credit Analyst Intern while completing his degree at St. John Fisher College.  Tim quickly mastered his position, and made significant contributions to the Commercial Credit team. 

 

 

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Posted by on in GRB Employees

This past weekend, four GRB employees arrived before sunup to help set up a blood drive at the Perinton Rapid Laser Wash, owned by clients Mark and Michelle Landers. Mark's amazing story of surviving an aortic dissection prompted the Landers to host the blood drive.

 

L to R: Dave Cushman, Kate Turner, Reece McKenzie, San Gueli.

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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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