Monday, October 31, 2016

Beth Ann Arroyo


Main Street Bank is excited to announce that Beth Ann Arroyo has joined them as Vice President of SBA Lending. She will be responsible for growing their SBA loan portfolio in addition to overseeing further development of the SBA lending team. Beth Ann possesses a bachelor degree in public affairs with a minor in finance from Wayne State University, and a master of science in management from Walsh College. A Michigan native, Beth Ann and her husband are involved as guardians of the Detroit Jazz Festival, and are active with the Belle Isle Conservancy, Detroit Institute of Arts and Gleaners Community Food Bank. She can be reached directly at (248) 530-5797 or by email to barroyo@msbmi.com. Main Street Bank welcomes Beth Ann to the team!


Monday, October 24, 2016

Main Street Bank is excited to announce that Beth Ann Arroyo has joined them as Vice President of SBA Lending. She will be responsible for growing their SBA loan portfolio in addition to overseeing further development of the SBA lending team. Beth Ann possesses a bachelor degree in public affairs with a minor in finance from Wayne State University, and a master of science in management from Walsh College. A Michigan native, Beth Ann and her husband are involved as guardians of the Detroit Jazz Festival, and are active with the Belle Isle Conservancy, Detroit Institute of Arts and Gleaners Community Food Bank. She can be reached directly at (248) 530-5797 or by email to barroyo@msbmi.com. Main Street Bank welcomes Beth Ann to the team!    


Monday, October 17, 2016

Mr. Jim Blasingame, contributing editor at Forbes ran an article regarding the difference between "Big Banks" and Community Banks. Here's a snippet that holds true:

A Community Bank Is Not A Little Bank

According to the Independent Community Bankers of America (ICBA), even though community banks have only 20% of all bank assets, and hold less than 20% of total deposits (FDIC), they make almost 60% of small business loans. In an online poll small business owners were asked about their banking relationship and 53% said their primary bank, including for loans, was a community bank.
A recent FDIC study confirmed that community banks serve all "Main Streets" - Of the more than 3,000 counties in the U.S., about 20% are represented only by community banks.

Bank loans are the largest source of growth capital for America’s small businesses, which just happen to create over half of the U.S. economy and employ over half of its workers. Consequently, regulating Community Banks the same as "big banks" puts in jeopardy America’s small businesses and the economy.

Write this on a rock…Small businesses and Community Banks are the twin pillars of America’s "Main Street" economy.

Here is a link to read the entire article:

Wednesday, October 12, 2016

October is Breast Cancer Awareness Month. We're doing our part, and invite you to stop by and help! 
We are also donating $1 for every new like to our Facebook page
throughout October. Spread the word to like our page!


Tuesday, October 4, 2016

Some Main Street Bank employees helped raise funds recently for the Wigs 4 Kids of Michigan Program. Here's a link to where you can help: http://www.wigs4kids.org



About Wigs 4 Kids

In October 2003, Maggie Varney sought help for youth in Metro Detroit who had experienced hair loss due to cancer.  Her search revealed no Michigan-based organization that provided appropriate wigs for children and teens, at no cost.  Compelled to assist these children, she founded Wigs 4 Kids. Soon, Wigs 4 Kids drew the attention of generous individuals who helped Wigs 4 Kids grow into a recognized organization.  On January 12, 2005, Wigs 4 Kids was designated a non-profit. In June of 2010, the organization established a Wellness Center where it has expanded its programming to address the psychological, social, emotional and physical side effects of hair loss. 


Wigs 4 Kids Wellness Center

Hospitals and medical centers heal a child's body. Our Wellness Center focuses on the appearance-related effects of treatment. We help the children heal emotionally, socially, and psychologically. Through volunteers and monetary support we are able to offer a safe, nurturing and welcoming environment for the children and their families to be with others experiencing health challenges leading to hair loss. 



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