Investor · Baltimore, MD · Member since 2009 · 5 posts · 0 votes
Hi all,
I am tired of Bank of America and trying to find a smaller bank where I can establish relationship.
The bank which holds their loan on books instead of selling to Fanie.
The idea is that if I bank with them for couple of years and they get to know me, perhaps they would be willing to finance some of my real estate deals.
Is it realistic idea ?
Any suggestions on the bank ?
Some people recommend to go with really small "community bank" other saying : "go with larger regional bank ..."
Investor · MD · Member since 2015 · 208 posts · 32 votes
11y
@Alexi Polenur I agree with the community Bank idea. I have had a few personal accounts in a large bank for over 20 years and I hear... "NEXT" when they want the next person to approach the window.
My business account that I only opened up in January 2015 is with a small community bank with less than 3 branches in the entire state of Maryland. When someone is available I hear, "How may I help you Mrs. Marano?" I've even met the President of the Bank already. I say go with the small community bank.