Blog

Community Banking in Local Economies: Bank of Central Florida's Role in Driving Growth and Stability

Community banking plays an essential role in local economies by providing personalized services, supporting local businesses, creating jobs and more. At Bank of Central Florida, we take pride in being a pivotal part of our community's economic engine. This article delves into the significance of community banking in local economies, highlighting how Bank of Central Florida drives growth and stability.

JL Marine Systems' partnership with Bank of Central Florida showcases the transformative power of collaboration. Rooted in shared values and mutual trust, this alliance has been pivotal in JL Marine's growth from a porch-based operation to a global marine technology leader. The story of their journey emphasizes that success in business is not just about innovation but also about choosing the right partners to navigate the challenges and opportunities that lie ahead.

Women in Business: Supporting Female Entrepreneurs in Central Florida

Female entrepreneurs in Central Florida are transforming the local business landscape, contributing to economic growth, innovation, and community development. Their efforts are driving significant positive change and fostering a vibrant and inclusive economy. Bank of Central Florida recognizes these contributions and is dedicated to supporting all entrepreneurs with a range of financial services and expert guidance to help them succeed. The bank's commitment to facilitating business growth helps ensure that the entrepreneurial spirit continues to thrive in the region.

Celebrating Independence Day: The Freedom of Entrepreneurship

As we prepare to celebrate Independence Day, it's essential to reflect on the core values that make our nation great. The Fourth of July is not only a reminder of our country's freedom but also the freedom and opportunities it offers to entrepreneurs. At Bank of Central Florida, we recognize and honor the spirit of entrepreneurship that propels our community forward. This Independence Day, let's delve into how entrepreneurial freedom shapes our economy and strengthens our local communities.

In today's fast-paced business environment, efficiency in banking processes is paramount. With Express Deposit from Bank of Central Florida, businesses can streamline their banking operations and achieve greater productivity.

 

Navigating the financial aspects of running a business can be a daunting task. With so many variables to consider from budgeting to investment decisions, it's easy to feel overwhelmed. However, mastering your business finances doesn't have to be intimidating. In fact, with strategic planning and effective management, it can become a catalyst for growth and success.

At Bank of Central Florida, we are proud to share some exciting news. Our CEO, Paul Noris, has received the prestigious George W. Jenkins Outstanding Volunteer Award at the United Way of Central Florida Annual Meeting. This award recognizes Paul's exceptional dedication to our community and his outstanding volunteer efforts.

In the rapidly evolving digital landscape, businesses are continually seeking ways to streamline operations and increase efficiency. One such solution that has gained significant traction is mobile banking. It offers unparalleled convenience, security, and customization that traditional banking avenues can't match. 

With the rise of mobile banking, staying relevant in the financial sector has become paramount. At Bank of Central Florida we still love seeing our clients when they visit us, but we also understand that our phone is where consumers spend a significant portion of their time these days. In fact, a recent report by eMarketer found that adults in the U.S. spend an average of 3 hours and 43 minutes on their mobile devices every day, surpassing the time spent watching TV. This shift underscores the importance of mobile banking as an essential service for today’s consumers, offering the ease and accessibility they need in their busy lives. 

In today's digital era, businesses must keep up with the fast-paced market trends to thrive, and one such trend is the use of merchant services. As a business owner, you might be asking yourself, "How can I leverage merchant services for my business?"

Launching a business on the eve of a global pandemic could be an insurmountable hurdle for many. Yet, for Josh and his team at SERVPRO, a franchise that specializes in disaster restoration using commercial-grade equipment for cleanup and construction, this daunting timing turned into an unexpected opportunity. When the pandemic struck, rather than slowing down, they pivoted their operations to address the immediate needs of their community. This strategic shift didn't just keep their business alive; it propelled significant growth. From a modest team of four, SERVPRO has surged to an impressive roster of fifty employees and has expanded its reach to seven franchises. "It's been a whirlwind," Josh reflects on their remarkable journey.