There’s been a growing trend in recent years of medical professionals seeking out patient lending solutions. This approach typically involves a partnership between the medical practice and lender, who work together to provide patient loans with agreeable terms. Central Bank offers healthcare practice solutions through a partnership with Epic River, and we find that such agreements offer benefits to patient and practice alike.

Read the rest of entry »

When it comes to running a business, savings accounts are just as important as they are for personal finances. Business savings accounts help you create a solid financial foundation while protecting your business from seasonal ups and downs. At Central Bank, we’ve been helping companies find success though personalized banking service and a range of account offerings, including savings. Here’s what you need to know about opening and managing a business savings account.

Read the rest of entry »

The year’s end isn’t just a time for festive celebrations and time with loved ones — for small businesses, it’s prime time to dig in on a financial plan. Houston ranks among the top 20 cities where small-business owners are thriving, and 97% of our city’s businesses have fewer than 100 employees. At Central Bank, we are dedicated to ensuring our friends and neighbors have what they need to remain poised for success. Read on for a handy financial checklist to help you evaluate your current standing, make adjustments where needed and enter into the new year a bit better prepared.

Read the rest of entry »

Even if you aren’t a regular reader of the newspaper’s financial pages, chances are you’ve heard talk of inflation. It’s an economics term referring to an overall price increase for the goods and services people use each day, and it’s been making headlines in recent months. But why do prices increase with time — and how exactly does it impact the people and businesses in affected areas? We’re glad you asked. Read on for a helpful inflation overview from your friends at Central Bank.

Read the rest of entry »

Interesting Fact: October is Cybersecurity Awareness Month. An annual effort by the U.S. Cybersecurity & Infrastructure Security Agency, the event aims to educate people about the importance of remaining vigilant online — and provide tools and resources to make that vigilance a bit easier. (And in a world where more and more of daily life takes place on the internet, that regular reminder doesn’t hurt!) The Central Bank team has pulled together helpful insight you can use to keep your online data better protected, and your mind at ease.

Read the rest of entry »

From understanding the types of mortgage loans available, to the prospect of finding that perfect abode, purchasing a home can feel overwhelming. Having a general understanding of key elements of the process (not to mention support from your community bank) can make a world of difference. Central Bank has pulled together a high-level overview of the types of mortgage loans most commonly available to today’s homebuyers. Read on to become familiar with your options!

Read the rest of entry »

In our ongoing effort to provide the best possible service to our customers, Central Bank is proud to announce new SBA 7(a) loan options are now available. But what is exactly is SBA lending — and what are its advantages? We’re glad you asked. Read on for a rundown from your community bank.

Read the rest of entry »

The history of Central Bank goes back all the way to 1955, and its roots sit firmly here in Houston. (In fact, we are proud to maintain the role as Houston’s longest-serving community bank!) Of course, a lot has changed through the years — for both our company and the great city of Houston.

Read the rest of entry »

Did you know there’s a way to let employees pay for business-related goods and services, all while saving your company money and lowering the number of purchase orders, invoices, petty-cash transactions, and checks your accounting team has to deal with?

Read the rest of entry »

Like many places in America, Houston’s businesses and their customers have been living with the hassle of the pandemic-caused coin shortage. Like many places in America, Houston’s businesses and their customers have been living with the hassle of the pandemic-caused coin shortage. While the Federal Reserve Bank says there are enough coins in the economy overall, circulation has slowed since the beginning of the pandemic. That reduced circulation has led to reduced inventories in many local economies, including here in Houston.

Read the rest of entry »