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Riverview allocates $100 million for lending

Officials say now is the time to stimulate economic growth

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Riverview Community Bank announced Friday that it has allocated $100 million for local lending in an effort to make a difference during the persistent economic slump throughout the region.

“We know that small business is 80 percent of all business, the backbone of our communities and collectively the largest employer,” said Ron Wysaske, Riverview president and chief operating officer. “There is a persistent opinion out there that banks aren’t lending. I can’t speak for others, but for Riverview, that simply isn’t true.”

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