Raider said:AZGrizFan said:well, you SHOULD care. Banks are robbing you blind.
You're welcome for the PSA. :thumb:![]()
Talk about a PSA....
Just this week we lost a $1.5MM commercial loan to a CU in Colorado, on a property in Kalispell. They offered a ridiculous rate for this environment. Hmm, I wonder how they were able to do that. This borrower has cash flow thru the roof, and a multi-million dollar net worth. Yeah, just the type of client that CU’s were given tax exemption to serve, right? What a joke.
My company has been serving Montana communities for over a 100 years. We operate in several economically “challenged” markets where we’d be instantly more profitable to pull out of. But, we’ve made a commitment to those communities through thick and thin.
And, wouldn’t you know it, we pay our taxes too. How novel.
:lol: :lol: :lol: I KNEW it! A jaded community banker! Hey, if it's so freaking awesome, you could always convert to a credit union! :thumb: :thumb: :thumb: