WFMY talked to CEO Ramsey Hamadi about the work our bankers are doing to meet the financial needs of small businesses throughout the Triad during the COVID-19 pandemic, with the focus on our efforts to help more than 175 businesses secure Paycheck Protection Program loans in the first round of funding. Watch the story here.
Triad Business Bank expects to provide Paycheck Protection Loans totaling $55 million to about 200 area businesses. The Triad Business Journal highlighted our efforts to make sure businesses have access to this stimulus funding and the impact the loan will make for one of our customers. Read the full article here.
Triad Business Bank will open next month in Greensboro after receiving approval from the Federal Deposit Insurance Corp. Read the full article in American Banker here.
Triad Business Bank has raised $51 million, largely from local investors, making it one of the largest new banks in the U.S. formed since the recession of 2007-09. Read the full article in Business North Carolina here.
CEO Ramsey Hamadi spoke to the Triad Business Journal about the journey to get Triad Business Bank up and running. Read the full article here.
Triad Business Bank received regulatory approval from the North Carolina Commissioner of Banks and the N.C. Banking commission, putting it one step closer to its March opening. Read the full article from the Triad Business Journal here.
Veteran banker and community leader Leah Penry Price has joined Triad Business Bank as the market president for High Point. Read the story in the High Point Enterprise here.
The Triad Business Journal has named CEO Ramsey Hamadi to its annual list of the region’s “Power Players.” According to his brief profile: “When Triad Business Bank opens next year, small to midsize businesses in the Triad will have a new source for capital – and an advocate in CEO Ramsey Hamadi.” Read the full article here.
The Triad Business Journal reported on the addition of Jed Orman and Hollie Shelton to the banking team. Read the full article here.