GRAYSTONE BANK LEADS THE COUNTRY IN COMMERCIAL LENDING GROWTH
November 27, 2007 (Harrisburg, PA) - On November 7, 2007, American Banker, a financial services newspaper, recognized Graystone Bank for their extraordinary commercial lending growth. Graystone set record numbers by growing their commercial lending business by 181.7% in just one year. Remarkably, their growth ranked first among community banks in the country.
Graystone Bank customer Rodney Hess, President of R. Hess Excavation, Inc. said, “I can honestly say that I have never expereinced a team of professionals that worked for me like Graystone Bank has. Our initial meeting with Graystone to kick off our deal and meet their team was almost like living a dream. To think there is a Bank out there that will not only offer finance packages, but listen to your needs of growth to restructure current financing is tremendous.” Andrew Samuel, Chairman and Chief Executive Officer of Graystone Bank affirmed that “the core of Graystone’s strategy is based on local, relationship oriented bankers with a passion for our customers and the communities we serve. Our customers can expect exceptional service as a standard at Graystone.”
Graystone Bank, a subsuduary of Graystone Financial Corp., has over $400 million in assets and serve Cumberland, Dauphin, Lancaster, Lebanon, York, Centre, and Frederick counties with seven convenient office locations. Graystone offers a full range of checking, savings, and loan products to retail, business, and non-profit customers. Named one of the 2006 and 2007 Best Places to Work in Pennsylvania, the core of the Bank’s strategy is based on local, relationship-oriented bankers with a passion for their customers and the communities they serve.
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