Group Financial institution makes navigating advanced loans like building mortgages easy and straightforward
For David Mikan, his relationship with Group Financial institution has made all of the distinction as he develops property alongside New Citadel Highway in Butler.
“It’s been a fluid course of for me,” Mikan mentioned. “They’ve made it fairly easy, and I’ve felt snug from the start. So snug, that I didn’t really feel the necessity to look elsewhere.”
Mikan has been working with Group Financial institution since 2019 to fund and develop Benevan Sq.. Initially unfamiliar with the financial institution – he discovered about Group Financial institution via the true property firm he’s working with – he’s more than happy with how issues have transpired. His point-of- contact, Steve McCarron, has effortlessly guided him via the nuances of the challenge.
“I’m the kind of person who prefers private relationships. I felt that instantly with Steve,” he mentioned. “I’ve nothing however nice issues to say about him. Group Financial institution could be very fortunate to have him.”
McCarron, who’s the vice chairman and senior business relationship officer at Group Financial institution, mentioned his relationship with shoppers like Mikan is what differentiates Group Financial institution from different monetary establishments.
“Bigger banks have departments that deal with loans like these. At Group Financial institution, particular person lenders deal with the method. We interact the location inspector. We routinely discuss to the contractor and developer to verify there are not any questions and that issues are occurring in a well timed method. We actually monitor the method from begin to end.”
As a result of building mortgages are typically dangerous for all of the events concerned, McCarron mentioned Group Financial institution strives to offer hands-on due diligence.
“Each building challenge we do is particular, as a result of we take the time to clarify how building financing works and deal with the draw course of personally,” he mentioned.
An additional advantage for brand new shoppers like Mikan is Group Financial institution’s capacity to satisfy particular wants.
“We’re capable of open their eyes to varied services and products that they might make the most of in-house,” McCarron mentioned. “He was appreciative that he didn’t have to buy round. I consider that’s why so lots of our shoppers stick with us. They see what value-added companions we’re.”
Whereas the method continues to be removed from over for Mikan – the property must be prepared by the brand new yr and he nonetheless must safe a couple of extra tenants – he’s grateful for McCarron’s and Group Financial institution’s help.
“There’s no manner that I may have navigated every thing with out Steve. There’s simply too many issues you should know. The method is simply too difficult,” Mikan mentioned. “Steve is type. He takes the time to clarify issues and he does it nicely. If I had executed this with a big financial institution, I most likely wouldn’t have labored with one individual. Steve and Group Financial institution have been nice.”
Group Financial institution is a locally- managed, impartial financial institution that gives complete monetary companies to regional companies and residents. Chartered by the US in 1901 because the First Nationwide Financial institution of Carmichaels, Group Financial institution has steadily grown over the past 120 years.
Immediately, Group Financial institution continues to supply steadfast private service, coupled with the newest in monetary companies and know-how. From the delicate money administration know-how out there of their web banking and sweep account merchandise, to their complete mortgage companies, Group Financial institution is a refreshing and vibrant monetary associate.
With areas in Pennsylvania and West Virginia, and with devoted business relationship officers, Group Financial institution presents quaint relationship banking, notable for its velocity, flexibility and customary sense.
To be taught extra about Group Financial institution, and the companies and merchandise they provide, go to www.communitybank.tv.