This is Derek Miller Speaking on Business. Cache Valley Bank has the resources of a large bank with the support of a community bank. Richard Skidmore, Cache Valley Bank’s executive vice president, is here to tell us how CVB can help you succeed.
Cache Valley Bank’s mission is to help business owners – large and small – to grow and succeed by providing high quality service, advice, and financing. Cache Valley Bank stands out in this effort by partnering with customers as a true community bank combined with the capacities of a large bank. We tailor our services to meet the unique needs of every client and their community.
One way we support local communities is to help finance new, affordable housing. For instance, we are currently funding a substantial line of credit for low-income housing to serve families across the Salt Lake Valley.
When the economy paused due to the pandemic, Cache Valley Bank moved quickly to help businesses access the Paycheck Protection Program. In doing so, we helped more than 7,000 businesses throughout Salt Lake and Utah access more than 750 million dollars in capital. Cache Valley Bank’s customer and community focus helps drive the success of all businesses throughout Utah. Cache Valley Bank is a Member FDIC, Equal Housing Lender.
Whatever financial challenges and opportunities you face, Cache Valley Bank is here to support and be your partner along the way. I’m Derek Miller with the Salt Lake Chamber, Speaking on Business.