Fulton Bank Launches Diverse Business Banking Program

Rhea-AI Summary

Fulton Bank, a subsidiary of Fulton Financial Corporation (NASDAQ: FULT), has launched a Diverse Business Banking program aimed at supporting minority, women, veteran, and LGBTQ business owners. This initiative includes specialized banking services and resources tailored to these communities, reflecting the bank's commitment to inclusivity.

The program features Diverse Business Advocates, certified bankers who provide mentorship and custom solutions. Key offerings include flexible loan approval criteria, business product bundles, SBA products, and various financial services.

Fulton Bank emphasizes its role as a trusted advisor, aiming to strengthen ties with community organizations to enhance support for diverse businesses.

Positive

• Launch of the Diverse Business Banking program targeting underserved communities.
• Introduction of Diverse Business Advocates for personalized mentorship.
• Flexible approval criteria for loans and credit lines to enhance accessibility.
• Broad range of products including SBA offerings and cash management services.

Negative

• None.

Initiative designed to meet the unique needs of minority, women, veteran and LGBTQ business owners

LANCASTER, Pa.--(BUSINESS WIRE)-- Fulton Bank, a subsidiary of Fulton Financial Corporation (NASDAQ: FULT), has launched a Diverse Business Banking program designed to meet the unique needs of minority, women, veteran and LGBTQ business owners.

“This program advances our purpose to change lives for the better,” said Fulton Financial Chairman, President and CEO Curtis J. Myers. “We are committed to making financing and banking products more accessible to groups that, historically, have been underserved.”

The cornerstone of the program is Fulton Bank’s Diverse Business Advocates, bankers who have earned a special certification and can provide one-on-one mentorship, educational resources, and custom solutions to meet the needs of diverse business owners.

Products and services available through the program include:

• Flexible approval criteria for loans and lines of credit
• Business banking product bundles
• SBA (Small Business Administration) products
• Merchant services
• Payroll and cash management services 

“We’re building on the work Fulton Bank has long done as a trusted advisor for our customers,” said Joel Barnett, Director of Commercial Affinity Banking. “In addition to serving diverse businesses, we want to strengthen relationships with community organizations so we can connect diverse businesses with the network and resources they need to succeed.”

More information – including links to educational resources and networking opportunities – is available on Fulton Bank’s Diverse Business Banking website.

About Fulton Bank, N.A.

Headquartered in Lancaster, Pa., Fulton Bank is a premier community bank in the Mid-Atlantic region. As a subsidiary of Fulton Financial Corporation, a $27 billion financial services holding company, Fulton Bank offers a broad array of products and services at more than 200 financial centers across Pennsylvania, New Jersey, Maryland, Delaware, and Virginia. At Fulton Bank, we seek to change lives for the better by building strong customer relationships, providing significant community support and empowering more than 3,300 employees to do the same. Through the Fulton Forward® initiative, we’re helping build vibrant communities. Learn more at www.FultonBank.com. Fulton Bank, N.A., Member FDIC. Equal Housing Lender.

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Steve Trapnell

717-291-2739

Source: Fulton Bank