Cascade Capital AwardThursday, October 8, 2009
Winner of Cascade Capital Business Growth Award, 4th Consecutive Year
Liberty Bank, N.A. today announced the bank was selected as a Cascade Capital Corporation Business Growth Award winner for 2009. This is the fourth consecutive year Liberty Bank has received the honor presented by Cascade Capital Corporation and Smart Business Magazine.
The Business Growth Awards recognize businesses from Ashland, Holmes, Medina, Portage, Stark, Summit and Wayne counties that have achieved significant growth by increasing their sales by 100 percent or $5 million or increasing its work force by at least 50 percent or 25 people over the most recently completed five year period.
“We have increased penetration based on the fact that we continue to make new calls when a lot of banks don't have money to lend. We're seeking to do business and to lend intelligently,” said William A. Valerian, Chairman & CEO of Liberty Bank, N.A. “We have focused on the advantages of being locally owned to generate growth. We are very pleased to have quadrupled our sales and to have more than doubled our work force since 2004, thus contributing to the growth of the local economy," said Mr. Valerian.
Liberty Bank, N.A. serves local consumers and privately held businesses with sales of up to $35 million. The company specializes in providing innovative financing and cash management services together with competitive rates and personalized customer service.
About Liberty Bank, N.A. Founded in 1990, Liberty Bank, N.A. is a full-service community national bank with assets of $180 million, as of July 31, 2009. With branch offices in Beachwood, Solon and Twinsburg, the independently-owned bank serves local consumers and privately held businesses with sales of up to $35 million. Liberty Bank specializes in providing innovative financing and cash management services for commercial customers together with competitive rates and a high level of personalized customer service.
Janet Kozak-Hendlin, Marketing / Communications
Liberty Bank, N.A.
25201 Chagrin Blvd. Suite 120
Beachwood, OH 44122
P (216) 359-5500
F (216) 359-5501