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Genesis Bank partners with Genesis for Good Foundation and Citizens Business Bank to Empower Small Businesses and Historically Marginalized Entrepreneurs

Nov 15, 2024•over 1 year ago

Contract Type

partnership

Newport BeachFinancial ServicesReal EstateFinanceLendingBanking

Description

Genesis for Good Foundation has been awarded a $100,000 grant from the Federal Home Loan Bank of San Francisco (“FHLBank San Francisco”) AHEAD Program in partnership with CVB Financial Corp. The grant will support the Catalyst Empowerment Grant Program, aimed at providing essential resources, capacity building, and grants of up to $10,000 to eligible small businesses in Southern California.

Company Information

Company

Genesis Bank

Location

Newport Beach, California, United States

About

Genesis Bank is a California state chartered commercial bank, organized by a group of highly experienced and successful bankers, investors, and business professionals. The Bank focuses on serving the financial needs of small to mid-sized businesses and owners, and investors in income-producing multifamily and commercial real estate located in the Bank’s Target Markets of Los Angeles, Orange, Riverside and San Bernardino Counties, California. Additionally, Genesis Bank is designated by the FDIC as a Minority Depository Institution (“MDI”), and is one of only two diverse, multi-racial MDIs in the U.S., out of approximately 4,600 banks. The Bank is powered by GenTeckSM, a groundbreaking combination of best-in-class technologies, which are tightly integrated to give clients a seamless, digital first, and transparent experience. The Bank’s products, services, and solutions primarily include traditional commercial business, Small Business Administration (SBA), income property, and owner-occupied commercial real estate loan and deposit products, as well as treasury management, escrow, and Section 1031 exchange services and solutions. Genesis Bank is headquartered in Orange County, California, and can be found online at www.mygenesisbank.com. Genesis is an Equal Housing Lender and Member FDIC.

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