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Banks say lending, hiring and community programs are central to Columbus’ growth
Summary
Panelists at a Columbus Metropolitan Club forum said banks support Central Ohio’s growth through lending, workforce development, community programs and targeted partnerships, while differing in scale and local approach.
Columbus — Leaders from national and regional banks told a Columbus Metropolitan Club audience that banks play multiple roles in Central Ohio’s economy, from supplying capital for housing and small business to hiring and volunteer efforts that support neighborhoods.
“Every deposit dollar that we take in, we put back out into the community, helping small businesses grow,” said Eleria Rawlings, chief executive officer of Fortuna Bank, during the Oct. 25 forum. Panelists described banks’ work as a mix of lending, workforce development, volunteerism and targeted local programs.
Why it matters: Panelists said the region’s rapid growth increases demand for mortgages, small-business loans and community services. Bank-led programs can lower borrowing costs for developers, provide…
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