Pub. 10 2020-2021 Issue 4

O V E R A C E N T U R Y : B U I L D I N G B E T T E R B A N K S — H E L P I N G C O L O R A D A N S R E A L I Z E D R E A M S November • December 2020 9 The Lyric Theatre, CCS CHFA business finance customer, Fort Collins and underwriting innovations by companies specializing in Blanket protection. Blanket coverages can be fully customizable to a portfolio and are often much more affordable than hiring and training new staff as your portfolio grows. Blanket coverage has now been developed for all portfolios: Residential and Commercial real estate, Consumer loans and Business/Commercial and Ag equipment. The hectic year of 2020 has led many Communit y Banks to relook at Blanket protection for their portfolios. When all risk factors, customer relationships, and savings from higher efficiencies are considered, Blanket coverages can be a valuable tool to reduce risk and create a far more customer-friendly lending and loan servicing environment for the staff and borrowers of a growing community bank. To continue to be the leader in banking in your community, efficiency and high customer service levels will be key. If your staff has become stretched as your portfolios have grown, consider Blanket protection as a powerful option as 2020 ends and you look forward to 2021. n T he hectic year of 2020 has led many Community Banks to relook at Blanket protection for their portfolios. When all risk factors, customer relationships, and savings from higher efficiencies are considered, Blanket coverages can be a valuable tool to reduce risk and create a far more customer- friendly lending and loan servicing environment for the staff and borrowers of a grow ing communi t y bank .