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Updated over 4 years ago,
Is my local bank local enough?
I currently have my business bank account with a large mainstream bank. My personal bank account is with a credit union I've been with for many years. I'd like to start greeting relationships with more local banks as it's been advised to me they are better about financing local projects. I'm investing in the Houston area right now but my bank is out of Dallas. Is this local enough? Or should I try for a lender who is based out of Houston? I'm just wondering how local I actually need to get. Any and all comments greatly appreciated.