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.

However, lending standards have not changed for GRB. Halladay notes that GRB has always been a conservative lender, mindful of a borrower's ability to repay its debt. We have an advantage here in Rochester over larger, national banks in that we know all our customers.

Read the full article here.