Have you considered being a Community Bank Director/Owner? Let’s talk

22 Jun

              My personal friend’s company has successfully launched nearly 35 Community Banks over the past 30+ years in AZ, OR and WA and the cost to being on their Founding Board and overseeing the direction of the bank is surprisingly low.  The added prestige for this limited time-commitment venture is surprising low, too.  Imagine the response from friends and family when you tell them you are on a Bank Board!  Let’s at least talk.


              Now being assembled is the 12-person Board, which will each be an owner of this proposed Community Bank in a strong, growing suburb of Phoenix, AZ.  The board is in place prior to recruiting a Bank President, which is a huge benefit.   This is your opportunity, no matter where you live, to be on a Community Bank Board and influence the direction the bank will grow while adding to your personal credibility (and income).


Would you like more information?  John Chandler … johnc@chandlersearch.net … 602.482.0017


            Community Banks typically operate for 10 +/- years and are then sold at a nice profit for the owners (Board).  A sales price of 4.5 times book value is not uncommon for these Community Banks.  PLUS, being on the Board helps set the direction of the Bank.


            If you know of anyone who would like more information please ask them to contact me.  This is a tremendous opportunity for the motivated, driven person looking to grow their career and help direct a new bank. 


            The initial investment is only $11,000, then, once the board is in place, quarterly investments of $4k – $6k over a 2-year period are typical to fund the bank’s opening.  Being part owner of a Bank opens up tremendous business and social avenues most can’t even imagine.


Let’s talk =

John Chandler … 602.482.0017 … johnc@chandlersearch.net


Board of Directors table and label



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