The Rochester Top 100 recognizes the fast-growing privately held companies in the Rochester region. GRB is proud to have been included in the Top 100 for the past 3 years, ranking 41st in 2011. CEO Phil Pecora discusses GRB's strategy and the current banking environment in a recent interview with the Democrat & Chronicle.
Read the Democrat & Chronicle interview here.
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.
Congratulations to Leann Hicks, CFO at Pharos Systems. She was honored today with the award for Financial Executive of the Year - Small Business Category at today's annual luncheon.
Co-presented by the Rochester chapter of Financial Executives International and the Rochester Business Journal, the award recognizes financial executives who have made outstanding contributions to their organizations and to the community during the past year.
Read the RBJ's article here.
Local entrepreneur Ann Germanow believes no woman should have to choose between food for her family or feminine hygiene products. Every year, thousands of families across the United States apply for public assistance, yet these programs do not cover many personal care items.
With that in mind, Germanow, founder and CEO of Scensible Source, is organizing a "Pad Party" on Tuesday, May 15 from 6 - 8pm at Shear Ego Salon and Spa. With the aim of collecting feminine hygiene products to distribute to women in need, the Pad Party will also feature food, drinks, networking, and spa pampering.
Read the full article from herRochester.com. Click here for more information about the Pad Party.
Loans to Rochester small businesses are alive and well, reports the Democrat & Chronicle. Small Buiness Administation (SBA) lending in Rochester has been climbing, with 406 made in fiscal 2011, surpassing the 360 made in fiscal 2010.
For the current fiscal year, GRB was one of the banks that has doubled SBA loans made in the same time period last year.
April is Community Banking Month, and GRB is getting the word out about the benefits of banking locally. This article, from the Institute of Local Self-Reliance, lists the top five reasons to choose a community bank (or credit union).
GRB lives up to all of these reasons, and proves that banking locally supports the Rochester community in many ways.
Midtown Athletic Club's member magazine, Spirit, recently interviewed GRB Chairman Phil Saunders. In part one of a two-part article, Phil talkes about his first business, making water skis at age 16, and other ventures in transportation, distribution, and energy businesses. Part two will be published in next quarter's issue.
Read the full article here.
April is Community Banking Month, and Genesee Regional Bank (GRB) is celebrating the vital role that community banks serve in the economic, civil, and cultural life of their communities. This commemorative month is a program of the Independent Community Bankers of America (ICBA).
“It is GRB’s mission as a community bank to help grow Rochester business,” said Phil Pecora, GRB President & CEO. “With our stable assets and local decision making, we have the flexibility to find creative solutions to small businesses’ financing needs. Building deep-rooted relationships with clients by offering highly personalized service and local economic expertise is part of the unique banking experience we provide.”
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.
The inaugural padde tennis tournament benefitting the EquiCenter, a GRB client, was a big success. Held at Midtown Athletic Club on Saturday, 3/3, close to 80 teams participated and many more enjoyed the traditional after party.
GRB was proud to be the headline sponsor, and some of our employees even volunteered to bartend at the party.
Jeana Aranzullo, Erin Stull, and Ami Panipinto bartending.
Continuing his contributions to the Boys & Girls Club of Rochester, GRB Chairman Phil Saunders was on hand to judge a pizza creation contest. Held at UNO Chicago Grill's Henrietta location on February 23, twenty kids from the Boys & Girls Club devised pizza recipes that were cooked by UNO chefs.
Photo courtesy of Henrietta Post.
Adding another fundraiser to it's annual calendar, the EquiCenter's inaugural Paddles for Saddles paddle tennis tournament is Saturday, March 3. Sign up for men's or women's doubles; all levels welcome!
Check out our banner at Midtown:
Empire State Lyric Theatre presents a chamber opera festival, March 2 - 4, 2012, and GRB is proud to be a major sponsor.
Susan Cotroneo, Executive Director, says that this festival is the first of its kind in the region. "Chamber opera is opera on a smaller scale; one act staged performances," she notes. Even those new to opera will find these accessible and entertaining.
GRB is proud to be a sponsor of one of our clients' events, the 5th Annual Meaghan's Hope 5K on April 21, 2012. Money raised supports the James P. Wilmot Cancer Center and the Lipson Cancer Center, directed towards lung cancer research. Click here for race details and to register.
Duncan Moore, a University of Rochester professor, has written a great op-ed piece about Rochester in the New York Times. He notes that since we've nurtured a "fertile entrepreneurial class" through our universities and private/public partnerships, Rochester is thriving. Moore challenges local businesses to continue to invest in the community.
GRB is proud to embrace this enterpreneurial spirit and be a resource for companies who are doing just that.
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.
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.
GRB is proud to announce we are ranked #41 on the 2011 Rochester Top 100 list. This is our fourth year on the Rochester Business Alliance's list, which ranks the region's fastest growing, privately held companies.
Preident & CEO Phil Pecora notes that the bank's success is a tribute to the hard work of our employees, and is also linked to the success and loyalty of our clients, many of whom share in the Top 100 rankings.
(Read about one of those clients, Fibertech Networks, in this D&C profile for their 4th place ranking.)
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