CBA Announces Strategic Partnership with BancAlliance
SACRAMENTO — The California Bankers Association (CBA), one of the largest state banking trade associations, and BancAlliance, a collaborative network of community banks, have announced the launch of a new endorsed partnership.
Headquartered in Chevy Chase, MD, BancAlliance offers its members an array of lending programs and business services that might not otherwise be available. BancAlliance’s membership base currently includes more than 200 community banks located in 40 states. To date, the network has originated more than 175 loans totaling more than $2 billion, and recently announced a partnership with marketplace lender Lending Club, helping community banks to compete in consumer lending.
The services offered by BancAlliance are designed to expand the impact and reach of member banks, allowing them to grow and diversify their loan portfolios and serve their customers in new and innovative ways. BancAlliance works with its member banks to create a portfolio specific to the bank’s business and strategic goals.
“We’re pleased to be able to offer our members access to BancAlliance and its network of community banks,” said CBA President and CEO Rodney K. Brown.
“We are delighted to enter into this new partnership with the CBA, and we look forward to continuing to grow our presence in California.” said Lori Bettinger, president of BancAlliance. “Members of the CBA who join BancAlliance will have access to a wide range of loan opportunities that can enhance profitability and assist banks in ensuring a diversified loan portfolio.”
For more information about BancAlliance, please contact Lori Bettinger at (301) 232-5444.
About the California Bankers Association (CBA)
Established 124 years ago, the California Bankers Association (CBA) is one of the largest state banking trade associations in the country. CBA leads the way in developing relevant legislative and educational solutions to some of California’s more pressing financial and banking issues, including financial empowerment, identity theft, financial privacy, and financial elder abuse. CBA’s membership includes the majority of California’s commercial, industrial and community banks and savings associations. For more information, visit www.calbankers.com.
BancAlliance is a collaborative network of community banks that empowers its members to compete with larger national financial institutions. BancAlliance offers an array of lending programs and business services that might not otherwise be available. The services of BancAlliance are designed to expand the impact and reach of member banks, enhancing their profitability, serving their customers in new ways, and growing and diversifying their loan portfolios.