In The News

FOR IMMEDIATE RELEASE

Contact Information:

Lydia Rodriguez
Marketing Communications Director
210.283.6655
email


BROADWAY BANK LAUNCHES
FAMILY BUSINESS RESOURCE CENTER
- A place where family businesses can connect, share ideas, find solutions to
common problems and access information.

SAN ANTONIO, TEXAS, October 1, 2012 — Broadway Bank is pleased to announce the launch of its new Family Business Resource Center. The Family Business Resource Center is the vision of the Cheever family — Broadway Bank’s founding family — and their desire to benefit other family businesses.

“Small and family-owned businesses have always been the backbone of the economy, and many of them lose their way in the early years. With more than 71 years of history, we want to share our experiences with other family businesses and help them overcome potential hurdles to long-term success,” said Charles E. Cheever Jr., chairman emeritus of Broadway Bank.

The Family Business Resource Center is a place where family businesses can connect, share ideas, find solutions to common problems, and access information on critical issues. The resource center is comprised of several dynamic components including a specially designed website, regularly scheduled informational events and family business networking opportunities.

The website (www.bbfbrc.com) provides useful family business management tools and techniques. It includes topics, such as leadership, strategic practices, and family perspectives. Registered members get full access to a library of articles, white papers, workbooks, and helpful links. The website also features ‘Ask an Expert,’ where questions can be submitted for advice and guidance on a number of subjects.

A variety of educational and networking sessions will be forthcoming for registered members. One such example is the recently held launch event on The Pleasures and Perils of Family Business. Leslie Dashew, awarding-winning family business advisor and consultant to the Cheever partners, moderated a panel discussion with the family on their four generations of family business practices.

“Family businesses face unique challenges on the business front and on the home front,” said Dashew. “All the more reason for them to avail themselves of proven tools and resources to overcome these challenges and help their businesses and families thrive.”

“Statistics show that 90% of U.S. businesses are family-owned, with only a little more than 30% surviving into the second generation,” said Jim Goudge, chairman and CEO of Broadway Bank. “Our goal is to provide family business members with the information and resources to help them succeed in their business. We’re excited about adding this new dynamic resource to our full range of products and services.”


About Broadway Bank
Broadway Bank was founded in 1941 to serve the San Antonio community. It has evolved from a small neighborhood bank into the largest independently-owned bank headquartered in the San Antonio metropolitan area, and continues to operate as a locally-owned and operated financial institution. Broadway Bank offers a full range of sophisticated financial services, including personal banking, private banking, military banking, business banking and wealth management. With more than $2.6 billion in total assets, the highly-rated Bank operates 39 locations in San Antonio, Austin and The Hill Country. Visit the Broadway Bank website at broadwaybank.com for more information.