Bank of the West 2005 Annual Report Download - page 13
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Since1989,we’vebeenbankingPRL
Glass, acustomglassfabricator in
theCityofIndustry,CA.Initiallyade-
posit customer, the company next
established aline ofcreditthrough
BusinessLink.Ourbranchmanagerlis-
tenedtotheowners’desiretogrowthe
companyandintroducedthemtoour
BusinessBankingCenter.Byrequest,
PRLGlassestablishedarelationship
withoneofourbilingualofficersand
we provided bankingproducts and
services to support the company’s
goalsforexpansion.BankoftheWest
hasprovidedPRLGlasswithaworking
capitallineofcredit,severalequip-
mentloans,andmultiplecommercial
realestateloans.Thecompany,which
makescustomglassshowerdoors,
hasalsoaddedanewbusinessline
—aluminumextrusions.Whatbegan
asafamily-operatedbusinessbyfour
brotherstodayhasgrownintoanen-
terprisewith300employeesandthree
industrialfacilities.
InNorthernandSouthernCalifornia,
wehavedevelopedanicheinserving
U.S.subsidiariesofAsia-basedcom-
paniesaswellassmall businesses
ownedbyAsian-AmericansandAsian
immigrants.Our PacificRim group
ofofficesisstaffedwithmulti-lingual
bankerswhocanassistcustomersin
Mandarin,Cantonese,Japaneseand
Korean.Thesespecializedbranchesare
alsoattunedtothebusinesscultures
ofEastAsia.
Inanefforttoserveallsegmentsof
thecommunitieswithinourfootprint,
BankoftheWesthasmadeamulti-
year,multi-categorycommunitysup-
portcommitment.Wehavepledged
to provide $25 billion in loans for
smallbusinessesandfarmsinlow-to
moderate-incomeareasthroughthe
year2015. Funding formicro-loans
oflessthan$30,000isincludedinthis
commitment.Since2002,thebankhas
made$7.5billioninsuchloans.
PersonalandbusinessbankingrelationshipswithBankoftheWesthaveallowedtwogenerationsoftheLanderosfamilytogrow
PRLGlassfromafour-personcustomglassfabricatorintoa$34millioncompanywith300employees.
Small Business Banking