CITBank Achieves Approval As A Participating Financial Institution Program Member

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Congratulations to Bill Sommer, Managing Director of SBA Lending at CITBank, San Diego, CA having achieved approval by the California Infrastructure & Economic Development (IBank) as a participating member financial institution and whereas, the bank is able to leverage California’s capital access programs to expand its direct lending efforts to small businesses within its assessment area.

The IBank was created in 1994 to finance public infrastructure and private development that promote a healthy climate for jobs, contribute to a strong economy and improve the quality of life in California communities.