EXTON, PA — First Resource Bank (OTCQX: FRSB) announced, that with the support and patronage of its loyal customers, they have financed over $1 billion in commercial and residential loans to businesses and families in the Delaware Valley.
Founded in 2005 by CEO, Glenn Marshall, and President and CFO, Lauren Ranalli, the Bank, a small business themselves, caters to the needs of local small businesses with an unwavering commitment to customer satisfaction. This milestone comes on the heels of achieving record earnings for the 10th year in a row.
Through their relationship-based lending model, First Resource Bank, headquartered in Chester County, PA, has played a vital role in helping local small businesses finance their dreams and has been instrumental in aiding the growth of its community.
The substantial number of loans provided by the Bank represents a boost to the local economy in the form of additional resources for consumers and the creation of employment opportunities.
Their dedication to the communities they serve is reflected not only in their willingness to help local businesses thrive, but also in their charitable contributions and participation in business and civic organizations.
“The significance of having lent over $1 billion dollars is evidenced by the number of successful businesses in our community who continue to thrive despite the adverse impacts of the pandemic,” commented Marshall.
“Over the past 16 years we have leveraged our competitive deposit and lending capabilities in an effort to make our community stronger. I’m proud to say those efforts have paid off. Businesses were established, jobs were created and more importantly relationships were built. ”
With three convenient locations in Exton, Wayne and West Chester, First Resource Bank, named Best Bank in Chester County for 4 consecutive years by the Daily Local News, remains focused on providing its customers and community with the financial solutions they need to succeed.
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