A letter to friends and neighbors
March 17, 2023
Dear Friends & Neighbors,
While parts of the US Banking System may be in turmoil, it’s nice to know that our local community banks are strong and steady. Along with a lot of other good community banks, we’ve got you covered.
As a multi-generational family business, we take soundness seriously. Our corporate leadership value “Soundness First” means stability for our customers and community. Our purposeful banking practices means we are built to last. We prioritize soundness ahead of profitability and growth, and invest heavily in purposeful strategic thinking and planning to be prepared for the unexpected. We have survived and thrived in depressions, recessions and economic shocks for over 121 years. For three generations of family management we have never failed to make a profit.
If you need a loan, Extraco can help. If you need financial advice, we have some of the best experts in the industry. We have one of the most sophisticated digital banking platforms available, and a 24-hour call center ready to serve you. We have double the industry average reserves and over 300 highly talented employees eager to give you an exceptional and personal banking experience.
If you need a bank you know and trust, think about our local banks, and think about Extraco.
S. Boyce Brown
Chairman, President & Chief Executive
Executive Chairman, Extraco Banks
Douglas L. Streater
President & Chief Executive
At Extraco, we do things differently: sincerely, purposefully, and with world-class stability. Choose a bank that provides peace of mind.Learn More