Community Bank ROI is worth its weight in gold … Be a Director/Investor yourself

21 Mar

          This linked article is one of the best current explanations I have seen about the value of owning stock in community banks. What a great title!

 

          When Smaller Is Better, Small bank stocks can be hard to find, but are worth their weight in gold when you uncover the right one.

http://www.fool.com/investing/general/2016/03/17/industry-focus-financials-03-14-2016.aspx 

 

            Now also look at information about Patriot Financial Partners, a private equity firm focused on investing in community banks throughout the United States. Their portfolio consists of more than 1,000 public and privately-held depository institutions that have between $500 million and $5 billion of assets.

http://www.patriotfp.com/aboutus.html

 

Want more information regarding being a Director/Investor of (proposed) Gainey Business Bank in Scottsdale, AZ.  You do not need to live in AZ.

 

          Not only added prestige in being a Bank Director/Investor, but this also opens up a tremendous super highway for more business for your growing career. One FDIC requirement is attending at least 75% of the Board meetings – in person … Conference Call … Skype. Of course, the FDIC will have some added requirements from time-to-time. And, serving on committees will allow you to help take the bank in the most successful direction to everyone’s benefit.

 
          Ernie Garfield, my long-time friend, has helped start 31 very successful banks and 9 bank holding companies. Over the years, his consulting team has assembled more than 400 directors, over 1,000 advisory board members and about 7,000 investors of bank stock – about 4,500 in Arizona. Most are qualified investors.

 

          Financial Investment in the bank is minimal, so Ernie makes it easy to get involved. He uses this approach because after we reach a certain stage in life; we get approached repeatedly to join one venture or the other.

 

John Chandler … 602.482.0017 … johnc@chandlersearch.net

 

Bank Board - photo 1

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