Q&A: How Bell Can Help Your Community Bank
No assets, 2 employees. That was the start of Bell Bank’s correspondent banking department back in 2003. Today, our correspondent team is a thriving part of Bell, with 15 employees and more than $575 million in committed assets, in partnership with our correspondent banks.
When many banks stopped offering correspondent services during the recession, Bell actually expanded our sales and underwriting staff and looked to grow.
“We zigged when everybody else was zagging,” says Tom Ishaug, Bell’s correspondent banking manager. “As others dropped out, we continued to buy … ”