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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.

New First-time Homebuyer Mortgage Program Offers Up To $15,000 in Grants

Homebuyer Dream Program logoAs a bank, GRB is able to work with the Federal Home Loan Bank of New York (FHLBNY) to provide grant assistance to qualified first-time homebuyers. The Homebuyer Dream ProgramTM provides grants of up to $15,000 towards the purchase of a home in New York.  This is a program that is only available to banks, mortgage brokers are not able to access grant funds for this program.

Homebuyer Dream Program* (HDP) eligibility requirements

  • Must be first-time homebuyers (have not owned a home individually or with a spouse in the last three years)
  • Reside and purchase a home in New York
  • Have a household income at or below 80% of area median income (i.e., in Monroe County up to $62,240 for 1- and 2-person households, up to $71,576 for 3+ person household as of August 2018)
  • Complete an accredited homeownership course
  • Meet the income and credit requirements for the program
  • Have the minimum equity contribution of $1,000 toward purchase of the home
  • Remain in the home for five years or repay a portion of the grant funds back to FHLBNY

Important information

  • Up to $14,500 in grant funding is available to be applied to down payment and closing costs
  • Up to $500 in grant funding is available to offset the cost of the homeownership course

Find out if you qualify 

For more information, contact our mortgage professionals.

* Homebuyer Dream Program is a trademark of the Federal Home Loan Bank of New York.

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GRB COO Allana Lazeroff Featured in "Women in Finance" Article in RBJ

Allana Lazeroff Path to Excellence RBJ front page imageAfter being named to the 2019 class of the Women of Excellence, GRB's Executive Vice President and Chief Operating Officer Allana Lazeroff also appeared on the front page of the Rochester Business Journal's March 29 issue.  The article focused on Women in Finance and offered a look at Allana's career and experiences as she honed her leadership skills.

Allana's 30-year career in finance has included experiences in human resources, retail and commercial banking and operations.  With the last 11 years at Genesee Regional Bank, she has played an integral role in the bank's growth from $100 million in assets to more than $560 million.  Allana also served as a founding member and executive sponsor of GRB's Women @ GRB group, dedicated to to helping “educate, celebrate, and inspire GRB Women to achieve their personal definition of success.”

In the article, Allana acknowledges sometimes "being the only women in the room," but notes that diverse perspectives are necessary and that maintaining authenticity is crucial for women to be successful as leaders. 

"...Diversity, regardless of the type of diversity, whether that’s gender, religion or race, allows a lot of different perspectives. The organization benefits when you have different perspectives represented."

 

To read the entire article go to the RBJ online at:   http://bit.ly/AllanaPathtoExcellence

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Cardon Joins GRB as Chief Credit Officer

Randy Cardon SVP and Chief Credit Officer photoGenesee Regional Bank (GRB) is pleased to announce that Randy Cardon has joined the bank’s leadership team as Senior Vice President, Chief Credit Officer.    

Randy, who has more than 30 years of commercial banking experience in the local Rochester market, will oversee the commercial loan administration and commercial credit teams at GRB.  He earned a bachelor’s degree in business management from St. John Fisher and spent his career with the former Central Trust Company and M&T, most recently as Vice President, Credit Officer.  Randy is an experienced small business and middle market lender and credit officer, working with customers from Rochester to the North Hudson Valley.  He is active in the community, doing volunteer work for Foodlink and serving as a past board member on the Rochester chapters of the Juvenile Diabetes Research Foundation and the American Diabetes Association.

“It is a pleasure to welcome Randy to the GRB team.  He is an exceptional banker who brings solid credit analysis, loan review, and special asset management experience to GRB,” said Philip L. Pecora, GRB’s President and CEO.  “In the last decade, GRB has grown five-fold in total assets, adding hundreds of new commercial client relationships and more than 80 employees.  It is time to bring additional leadership resources to the bank to support the growth we are experiencing throughout our commercial loan portfolio.” 

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GRB's Allana Lazeroff Named to 2019 Class of "Women of Excellence"

COO Allana Lazeroff photoPlease join us in congratulating GRB's Executive Vice President and Chief Operating Officer Allana Lazeroff on her selection to the 2019 class of Women of Excellence sponsored by the Rochester Business Journal.  

Women excellence 2019 award logoAllana is a 25-year veteran of the banking industry and joined GRB in 2007.  She is responsible for the bank’s operations, marketing, project management, and cash management teams.  Allana graduated from the John Wiley School of Business at SUNY Geneseo, and earned the Certified Treasury Professional designation in 1999. 

According to the RBJ, "The Women of Excellence awards identify high-achieving women for their tremendous career accomplishments. The women are selected based on their professional experience, community involvement, leadership and sustained commitment to mentoring.

"This year’s class, selected by a panel of past Circle of Excellence honorees, features 40 women from a variety of industries. They have achieved impressive career accomplishments and have made the Rochester community better through their civic engagement and mentoring."

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Give Your Employees More Benefits with GRB

Employee benefits from GRB graphicGRB is pleased to offer our commercial business owners the opportunity to offer their employees a number of discounts on retail and mortgage banking services. 

Our resident affinity banking specialist Laura Smith come to your place of business and help your employees learn about the additional products, services and discounts available to them through your business banking relationship with GRB. 

GRB can provide your employees with:

  • Free financial education workshops
  • Discounts on residential mortgage closing costs
  • No-fee Health Savings Accounts
  • Interest-bearing checking accounts
  • And much more...

This email address is being protected from spambots. You need JavaScript enabled to view it. to see how you can work together to offer your employees additional benefits. 

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