What’s the role that community banks play in the small business lending space? How has small business lending evolved in the past couple of years? First County Bank Chairman and CEO Rey Giallongo says that all community banks fill an important role in small business lending primarily because these banks are local.
“Our lenders are on Main St., not Wall Street and can meet customers at their place of business and see them every day in our branches,” says Giallongo in a recent interview with financial literacy website NerdWallet.
Giallongo is featured in NerdWallet’s CEO Series on Small Business Lending. For the full interview visit: http://www.nerdwallet.com/small-business/ceo-series/ceo/first-county-bank.