BancAlliance

2024 Alliance Academy dates are here! Please reach out to [email protected] if you are interested in attending any of the sessions.

BancAlliance is a network of over 350 community banks that unlocks access to an array of innovative lending programs and bank connections. BancAlliance offers its members, located all around the country, access to an efficient way to grow and diversify their loan portfolios and increase net interest income.

31 of our 350+ members are from Massachusetts with an average asset size of just over $2 billion. To learn more about our presence in Massachusetts reach out to [email protected] to connect with a Client Services representative.

Over the summer, the Alliance Partners Client Services team and Forbright Bank Corporate Finance team kicked off the season with Roaming Rooster. If you are local to the DMV area, we highly recommend using their food truck for your next party!

The LIBOR transition has hit a milestone, with Ford Motor Co. issuing the first syndicated U.S. corporate loan tied to the regulators’ preferred replacement for LIBOR. We should see more SOFR-linked deals coming to market, given that no new loan originations can use LIBOR after December 31st.

Stay tuned for more updates or contact [email protected] to discuss.

Ford’s SOFR Loan Is First New Deal to Use Libor’s Replacement (Bloomberg) -- The transition away from Libor is hitting a milestone as Ford Motor Co. does the first syndicated U.S. corporate loan tied to regulators’ preferred replacement for the benchmark.The car maker is refinancing three revolving credit facilities using the Secured Overnight Financing Rate...

If 2020 taught us anything, it is the importance of preparing for changes. A strong risk management program can help your organization quickly and strategically approach new opportunities.

Why a Solid Risk Management Framework Helps Manage Change With changes coming from every direction, now is the time for banks to create or fortify their risk management frameworks.