TOPIC: Business Banking

BID ARTICLE: Community Financial Institutions And Social Change

Over the past year, the values of tolerance and equality have increased in importance for the US population in general. We look at how some financial institutions are reviewing their values and communicating with their employees and customers in light of this shift in today’s article. Read Article

    Pricing by NAICS/Industry

    VP at a bank ($292MUSA)
    Is anyone out there using NAICS/Industry as a variable for pricing?  I've heard of some pricing differently for owner occupied vs. non-owner occupied CRE, but am wondering what people are doing for C&I?

    Has anyone considered charging a higher interest rate on restaurants for example since they might be considered a higher risk, or a higher rate on a business that might require a higher rate of enhanced due diligence such as an all cash business?