The economy continues to improve. One indicator we look at in banking is the increase in our lending portfolio.
Our lending portfolio continues to grow at Merchants Bank.
- Overall our lending portfolio has increased 15.7% through the first three quarter of 2014 compared to the first three quarters of 2013, where we had a very strong year compared to many other financial institutions.
- Commercial lending increased 16.3% across all of our locations.
- Ag lending has increased 12.9% and SBA lending has increased 16.3%.
The increase shows our expertise in and commitment to growing these important segments to help make the places we live better.
Contact a Business Banker today to learn more about business financing and leasing options at Merchants Bank. Subject to credit approval.