Testimonial Name: Stephen Annis
Testimonial Title: Executive VP/CFO
Testimonial Company: Valley Republic bank
Testimonial Location: Bakersfield, California
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Testimonial Content:
Valley Republic Bank was keeping several millions of dollars at the Federal Reserve Bank, earning minimal interest as a non-liquid asset and reducing the funds available for new investment and revenue stream opportunities. logicpath's Deposit Reclassification will enable Valley Republic Bank to increase income on our earning assets and reduce our reserve requirement, which will open up more opportunities to lend to our customers in the Central Valley of California.
Testimonial State: California