Strength and Stability
Dear Valued Customers and Community Members,
We are communicating today regarding the recent events in the banking industry. Given these events, we want to take a moment to summarize the strength and stability of Enterprise Bank as reflected by our financial consistency, capital, liquidity, reserves, and asset quality including that:
- Enterprise has now recorded 133 consecutive profitable quarters, and we have increased our dividend for 31 consecutive years.
- Since our inception, our Enterprise has consistently performed well through every economic cycle, including the early 1990s and the financial crisis of 2007–2009.
- Our regulatory capital ratios all meet the regulatory level of “well-capitalized,” which is the highest designation.
- Our liquidity position is very favorable.
Experience taught us early on that we could best serve our customers and communities through consistent and disciplined lending, a conservative and long-term focus, being highly responsive to our customers' banking needs, and ongoing investment in our products, services, and people to provide the best banking options through all economic cycles.
Our experienced team members are here to assist you with your banking and financial needs in each of our 27 branch locations, over the phone at 877-671-2265, or online at EnterpriseBanking.com.
Thank you for your trust in us.
Sincerely,
