As a business owner it is always good to have three partners – a great banker, a great lawyer and a great accountant.  In the banking industry there is a bit of a joke we like to share.  What is the difference between a banker, a lawyer and an accountant?  The answer is they are all three important, however the only one who does not charge you per hour is your banker.  It’s a big tongue and cheek but reminds you there are no billable hours for a relationship banker, we will be there when you need us. 

Relationship banking is quite different from “transactional banking”.   Transactional banking is when you need a loan or a deposit account, you contact your bank and work with whoever is available.  With relationship banking you have a banker or in my case, “a team” who is available every step of the way for all your banking needs – whether it is a multimillion dollar building loan or a new debit card, there is no request too big or too small for us to take good care of for you. 

What’s in it for business owners who choose relationship banking:

• Personalized Services – Clients receive tailored financial solutions based on their unique needs
• Easier Access to Credit – Long-term relationships can lead to better loan terms and faster approvals.
• Financial Guidance – Expert advice on balance sheet management, expense control, and planning. 
• Convenience – Clients can enjoy priority services and streamlined banking processes.
• Trust and Security – A strong relationship with a bank fosters trust, making clients more comfortable with financial decisions. 

In short, with a business relationship banker, you are in it together. If you are in the Hampton Roads area and you’d like to explore how a truly comprehensive banking relationship could support your business, please reach out: truby@newhorizonbank.com.