mBank named Diversity Community Lender of Year

Diversity Lender of the Year Award – 1st Source Bank This award is given to the lender that best supported diverse small businesses including minorities, women, and veterans. Loan volume, dollar amount, the percentage of total SBA loans made, use of the Lender Advantage or Patriot Express programs, and sponsorship of community events are also.

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New York-based Chase Bank was named diversity lender of the year, for its support of small businesses owned by minorities, women and veterans, as well as involvement in community events.

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Manistique, Mich.-based mBank was named 2018 diversity community lender of the Year by the Michigan District Office of the Small Business Administration. The criteria for the Diversity Community Lender of the Year is named based on the support provided by a lender to advance diverse participation among small businesses from historically underrepresented groups – minorities, women, and veterans.

Banking, credit card, automobile loans, mortgage and home equity products are provided by Bank of America, N.A. and affiliated banks, Members FDIC and wholly owned subsidiaries of Bank of America Corporation. Credit and collateral are subject to approval. Terms and conditions apply. This is not a commitment to lend.

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The communities in the final study exhibit some racial diversity. and kids are a vital part of the community. Even in the largest towns, kids talked of how people in the community knew them by name.

MANISTIQUE, Mich., May 8, 2019 – mBank is proud to announce they were selected by the U.S. Small Business Administration (SBA) Michigan District Office as the 2018 Diversity Community Lender of the Year. The criteria for the Diversity Community Lender of the Year is as follows: The best support provided by a lender to advance diverse participation among small businesses from historically underrepresented groups – minorities, women, and veterans.

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