In support of our local businesses during the pandemic, CNB
successfully helped 6,864 small businesses in our communities
obtain over $526 million in funding through the SBA Paycheck
Protection Program (PPP). Working in the community and for our community has
positioned CNB well to be nimble and make quick decisions
that benefit our clients not just before, but most importantly,
throughout the pandemic. Our Relationship Managers
provided personalized service, working with each client to
understand how the pandemic has affected them and their
goals for the future. The opportunity to help in a time of need
is one way in which we demonstrate our commitment to the
customers and communities we serve.
While looking at a business’s historical performance will always
be key, we have learned that how they handled, and continue
to handle, the current pandemic plays a key role in planning for
the future. We work individually with clients to find solutions
that work best for them long-term, rather than a one-size-fits-all
approach. While a deferment may have worked well for one
business, it may have not been in the best interest of another.
Relationship Managers evaluate factors such as approaching
rate adjustments and immediate relief needs to determine if a
deferment is the best long-term solution.
Our lending decisions are made locally, and because of that,
the ultimate winners are our customers. It is a proven formula
that has benefited people and businesses of all sizes in our
communities for nearly 135 years. No matter how simple or
complex the need, our team remains focused on delivering
exceptional customer service and attention to detail. We
are proud to help your business see the long-term picture,
providing you with options, and most importantly, peace of
mind.
Learn more about CNB Business Financing or call (585) 419-0670 to speak
with a Relationship Manager to discuss your current or future
lending needs.
This material provided by Michael O’Donnell and James Schrader.