RiverWood Bank recognized for support of small businesses
RiverWood Bank was named 2017 Lender of the Year by the Minnesota Business Finance Corporation (MBFC). This award recognizes RiverWood Bank for having the highest dollar amount of SBA 504 loans approved by MBFC and the US Small Business Administration within the fiscal year.
These loans are specifically for small businesses and are designed to help a start-up and existing businesses expand and create new jobs.
"Im proud of the partnership our bankers have with our small business customers, and thankful for this award and what it means for our communities," said Paul Means, President/CEO.
Gladly accepting the state-wide award for helping small businesses grow are RiverWood Bank team members (left to right) Josh Rardin, senior credit analyst; Bruce Kennedy, Baxter branch president; Nancy Laughton, commercial loan assistant; and Ben Duhn, business banking officer.
MBFC is a private not-for-profit 501 (c)(3) organization licensed by the US Small Business Administration as a certified development company.
RiverWood Banks Mission is to empower employees to exceed customer expectations so we are the most trusted and respected bank in the communities we serve. Learn more at RiverWoodBank.com. Member FDIC and an Equal Housing Lender.