Cayuga Lake National Bank

2 BUSINESS VIEW MAGAZINE VOLUME 9, ISSUE 6 C ayuga Lake National Bank takes its role as a community bank to heart. “We encourage our employees to stay involved in the community,” says Cayuga Lake National Bank’s CFO Thea Miller. “We have people on various boards and in volunteer organizations… everyone is really part of the community.” Headquartered in Union Springs, NY, Cayuga Lake offers consumer and commercial banking opportunities for customers in the Finger Lakes region of Central New York. The bank has a full suite of consumer products available, including a variety of checking and savings accounts, mortgage loans, home equity lines and loans, and IRAs. They also offer online and mobile banking. For commercial customers, the bank offers business loans for all types of small businesses, corporations, and partnerships, as well as for agricultural financing needs. They also offer business checking and savings accounts, overdraft protection, Visa debit, e-statements, credit cards and more. Unlike larger banks, Cayuga Lake’s offerings are focused on the average person, working hard to ensure they can provide the assistance and services needed by the community. “We offer a pretty good mix of residential mortgages, small business loans, and really anything to do with small businesses,” says Scott Babcock, the bank’s Senior Vice President of Credit and Administration. “In the world of lending, it’s definitely considered small to very small business lending. I’ll do a $10,000 equipment loan for someone, which is unheard of in the big banking world. We also offer consumer loans, in terms of car loans and home improvement loans. We have a complete array of products and services.” Cayuga Lake National Bank also has a desire to give back. Every Friday, bank employees are offered the chance to take part in ‘Jeans Day’, where they can donate $5 to a special cause Cayuga Lake N Putting community first