Rave: City National Bank, Colorado City, Texas
I wanted to take an opportunity to express to you and the company how much we appreciate McCoy Myers and the relationship we have built over the last five years. As you know, for more than a century we were entirely an in-house bank and the step to trust someone with our business did not come easily.
With the recent addition of BSA Links, Doc Links and Teller Links, we believe our technology matches the best products in any bank. For years we watched very large banks develop products we never thought would be possible for a small community bank. That is no longer true. We are now able to offer a very strong retail product line with five less full time employees than we started with five years ago. The investment clearly has paid dividends to the bank and consequently its shareholders.
We monitor performance ratios carefully. Margins, efficiency ratios and the capacity for additional business matter to us greatly. We have seen all of these consistently improve due in part to our relationship with McCoy Myers.
Please express to your staff our thanks for their large part in our success. We believe the coming years hold great opportunities for community banks that are well positioned in technology and experience. With so much uncertainty in the financial world now, it is good to have confidence in our decision to partner with McCoy Myers.
Sincerely,
Royce Clay
President and CEO
Board Chairman