The Independent Community Bankers Association (ICBA) reports that the more than 7,000 community banks in the United States are in more than 50,000 locations. These banks are distributed in all regions of the country (see chart below) and serve major metropolitan areas, small towns and rural communities. Moreover, nearly 60 percent of these banks have assets between $100 million and $1 billion.
Finding a bank for sale that meets your requirements is a daunting challenge – one that requires access to potential sellers nationwide. This is a substantial advantage of using Tier1 BSA. Tier1 BSA has access to a database of bank professionals throughout the country maintained and updated monthly by BankNews Media for its family of print, online and digital publications.
Tiier1 BSA can span the country to find a potential seller through advertising in BankNews, the leading independent magazine for community bank management teams, as well as a range of newsletters, websites and blogs.
Finding a bank for sale is only the first step, however. Tier1 BSA works with the management team of the potential buyer to locate the bank that fits its profile, and then provides guidance on the steps necessary to close the transaction.
Simply stated, Tier1 BSA can find the right bank in the right location with the right requirements.
Contact Joe Holman at 913-620-8582 or [email protected].