Credit Unions and Local Bank for SMBs near King of Prussia, PA

[Sanil Subhash Chandra Bose]

Does anyone have any recommendations for credit unions or local banks that are entrepreneur-focused and SMB-friendly near King of Prussia or Montgomery County, PA? I have a couple of properties in different LLCs. I also have a digital agency business and am acquiring a new SMB in-home service. I wanted to consolidate banking to a credit union as I am investing much more in real estate and SMBs.

[Stuart Udis]

@Sanil Subhash Chandra Bose To bank with a credit union you will have to become a member meaning you must live, work or worship in the same town as the credit union is located. I'm not making that up, that's the qualification standard that's applied. Beyond that, I am not sure if consolidating all banking to one financial institution is wise either. I suspect the banks that are best with real estate may not necessarily be the best fit for your other businesses. In fact there are banks that excel at different types of real estate lending and that should dictate where even your real estate funding finds a home.  Furthermore, that's a lot of exposure with one bank.