A Bank FOR Entrepreneurs Created BY Entrepreneurs

Posted on February 7, 2009
Filed Under Food For Thought |

Who knew? Last January, Savoy Bank (www.banksavoy.com) opened it’s doors in mid-town Manhattan with a mission to be a full-service bank to local small businesses. At a time when several banks are shutting down every week, I’m wondering how Savoy Bank will weather the storm - and I hope they do indeed succeed. I commend them for challenging the status quo of the banking industry and focusing on the needs of entrepreneurs.

I discovered the bank a few weeks ago while on my way to a meeting near Times Square. Need to go back and check them out in person. Has anyone inquired about their services? Are they all they’re cracked up to be? 

Here’s a link to a press release on Reuters:  http://www.reuters.com/article/pressRelease/idUS162098+10-Jun-2008+PRN20080610

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