Tag Archives: Enterprise Bank & Trust

phx-skyline

Seeing green: Bank roles shift in real estate market

Phoenix is a city of extremes, but lenders will see some balance in the market this year. There’s more capital flowing through the system than there was a year ago and, despite a slow recovery, Phoenix investors should find it easier to get loans in the market.

James DuMars, NorthMarq Capital

James DuMars, NorthMarq Capital

“This is an exceptional time to acquire financing for real estate,” says James DuMars, managing director of NorthMarq Capital. “The majority of lenders are planning to place more than they did in 2013 and offering competitive interest rates and terms. The properties look good as income trends are up over the past couple of years as are occupancy rates. The lenders still perceive upside to many of these projects because rental rates are still below where they were at the top of the cycle. It will be a busy year.”

NorthMarq is one of the largest privately held commercial mortgage banking companies in America and represents many life insurance companies. Recent policy changes have changed how life insurance companies reserve commercial loans, which DuMars says lowers reserves set aside for each loan.

“This means real estate loans will be more attractive going forward and more profitable,” he says.

Jim Pierson, principal at Legacy Capital Advisors, recently financed a deal in less than a month’s time — an acquisition deal that would typically take 45 to 60 days to complete. What made the deal even more interesting, he says, is it was for a value-add property that was less than 50 percent leased. Finding a non-recourse loan like that would have been unavailable a year ago, he adds.

Jim Pierson, Legacy Capital Advisors

Jim Pierson, Legacy Capital Advisors

“Phoenix has higher highs and lower lows than most places … The capital markets are virtually back in full swing,” says Pierson. “Lenders are originating loans in the 75 percent loan-to-value (LTV) range for commercial projects and 80 percent LTV for multi-family. During the boom, you could get a 10-year interest-only (IO) loan. Interest-only loan periods went away in 2009, but have come back into the picture. Borrowers can get a five-year IO loan at full leverage and full term IO for lower leverage deals.”

Pierson says his clients are actively purchasing real estate with longer term interest rates due to the sense “that rates cannot stay this low for too much longer.”

“From the lender’s perspective, the Phoenix MSA is a great place to lend money again,” says DuMars. “Lots of transactions are getting done. The perception of the lending community is that we are on the upswing in the cycle. We have positive job creation, a healthy housing market (with new construction), positive net in-migration and a lower unemployment rate than the national average.”

David Lodwick, Alliance Residential

David Lodwick, Alliance Residential

Alliance Residential CFO David Lodwick says several debt and equity companies that have previously focused on larger coastal markets are coming to Phoenix.

“Financing has become more institutional in nature as Phoenix has established a stronger national brand,” Lodwick says. “There is a significant demand for high-quality apartments, and it has been ideal to be involved in financing such a strong investment sector.”

Multi-family has dominated the commercial real estate market at $2B in sales in Phoenix, making it attractive to lenders. This continues to be the case. Multi-family has seen the most active financing in new construction financing and acquisition/refinances, Pierson says, adding that the next most active sectors are retail, office and industrial.

“We compete with all asset classes for capital and are seeing that competition increase as the market recovers,” Lodwick says. “The past few years of recovery was largely focused on multi-family, which has been great, but it is also great to see other commercial asset classes rebounding, as the related job growth is a strong driver for multifamily demand.”

Office vacancy dropped from 19.5 to 18.9 percent in the 1Q and home ownership is down to 65 percent, which has pushed people into multi-family living situations. Jones Lang LaSalle Vice President of multi-family sales and leasing Charles Steele adds that Fannie Mae and Freddie Mac have started to diminish loans put into the multi-family space by 10 percent every year.

“Significant policy changes have created additional guidelines and regulations that impact construction lenders, and have increased reporting requirements,” says Lodwick.

“With great partners, we are always able to work through these changes, but it has clearly changed the perspective of lenders. The policy changes will make it tougher for sponsors who do not have a strong track record and history to obtain construction debt. In addition, the permanent financing market — which provides much of the liquidity for the multifamily asset class through government-sponsored entities such as Fannie Mae and Freddie Mac — has been subject to much discussion on housing reform. We believe the success realized by the GSE’s multifamily finance capital will provide for future expansion.”

Joe Bleyle, Enterprise Bank & Trust

Joe Bleyle, Enterprise Bank & Trust

The industry is seeing the strongest improvement in industrial and hospitality markets. Well-located, anchored retail is slowly improving, says Joe Bleyle, senior vice president of Enterprise Bank & Trust.

“After enduring a number of false starts, most of our clients are cautiously optimistic that the commercial market is recovering,” Bleyle says. “While the rebound in residential prices has certainly been a positive dynamic for the Phoenix economy, commercial developers and investors want to see that translate into stronger permit numbers and job creation.”

Job creation, Bleyle adds, will improve office vacancy in particular.

“Lender appetite is strong for multi-family and industrial projects right now and nearly any commercial building that is owner-occupied by a stable company,” Bleyle says. “Financing is fairly difficult to obtain for investor office and almost non-existent for land.”

DuMars says lending is even across the board.

“With  the full return of the CMBS market we are very busy financing retail shopping centers that were held on the sidelines by the borrowers up until now,” he says. “Many owners have decided to refinance instead of sell now that they have the ability to pay off their maturing loans.”

“We’re starting to see investor interest in more traditional suburban projects in the southeast Valley,” adds Lodwick.

This interest is garnered by the high-wage jobs announced this year — from the Apple manufacturing facility to the Intel expansion.

“You’ve seen some of the capital partners recognize that and desire to be there to take part in that cycle,” he adds.

Recent policy changes within the CMBS and life insurance industry will make it easier for both lenders to be more active in 2014, DuMars said. Life companies, for example, may see the amount of reserves they held for real estate loans cut in half.

“Real estate debt is a preferred asset class by life insurance companies and institutional investors,” says DuMars. “Fear about pending maturities between 2015 and 2017 causing defaults has greatly abated.”

Brandon Harrington, Walker and Dunlop

Brandon Harrington, Walker & Dunlop

Rates are going to stay low in 2014 as CMBS becomes more aggressive and more banks are willing to lend, predicts Walker & Dunlop’s Brandon Harrington.

“I think 2014 is going to be a great year for borrowers — at least for the first quarter, potentially lower refinances and more deals,” he says.

Though life companies and CMBS can expect a better year in 2014, their struggles have changed the climate for bank financing.

The low cost of funds and weak demand for construction and bridge loans has made the industry more competitive among banks for term loans, says Bleyle.

“During the Great Recession, in 2009 and 2010, there was so little money out there that real estate in our space could be bought very attractively,” says STORE Capital CEO Chris Volk, who owns $2B in real estate and rents to 160 companies in 43 states. “In the wake of the Great Recession, there’s a gravitation to tenant quality. There’s a lot of activity that goes on in that space. In our spaces, the individual dollars, we gravitate toward smaller properties.”

“There’s a lot of capital, it’s just a matter of finding good deals to invest in,” says Harrington.

A Guide to Applying for a Bank Loan

Enterprise Ranked in Top 10% of Community Banks

Enterprise Bank & Trust, the banking subsidiary of Enterprise Financial Services Corp (NASDAQ: EFSC) has been ranked in the top 10 percent of U.S. community banks by Raymond James & Associates, a leading investment banking and financial advisory firm.

Enterprise was recognized in the second annual Raymond James Community Bankers Cup awards, which identified the top 10 percent of community banks based on various profitability, operational efficiency and balance sheet metrics.

The pool of community banks considered for recognition includes all exchange-traded domestic banks, excluding mutual holding companies and potential acquisition targets, with total assets between $500 million and $10 billion as of December 31, 2013. More than 300 community banks across the United States were evaluated for the awards.

Enterprise was also recognized in Raymond James’ first Community Bankers Cup award for 2012.

“We are gratified to be considered one of the top community banks by Raymond James for the second consecutive year,” said Enterprise Bank & Trust Arizona Region Chairman Jack Barry. “This award is based on our financial performance, but it’s also a direct reflection of the talent of our bankers and the success of our clients, who drive our financial results.”

Deal, WEB

Free Workshop for Business Leaders

Business owners interested in selling their business is the April topic at Enterprise University’s educational learning program on Thursday, April 10 at the Phoenix Country Club.

Enterprise University, a free program offered by Enterprise Bank & Trust, will feature partner James D. Colyer of True North Companies to discuss “Options for Selling a Business and How Private Equity Can Help.”

The morning workshop includes continental breakfast and will review the various exit strategies, the best way to prepare for a sale and explore how private equity can be a catalyst to ensuring a successful transition.

Enterprise University provides free educational seminars on a variety of relevant topics for business owners and their leadership taught by experts in a variety of fields including advertising, marketing, business continuity, financial planning and more.

WHAT: Free course for business leaders on “Options for Selling a Business and How Private Equity Can Help”

WHERE: Phoenix Country Club, 2901 N. 7th St. Phoenix, Ariz. 85014

WHEN: Thursday, April 10, 2014
7:30 a.m. – 8 a.m.: Registration/Continental Breakfast/Networking
8 a.m. – 9:30 a.m.: Workshop

COST: Free to business leaders. Registration is required.

RSVP: Visit www.enterprisebank.com/eu to register

SPEAKER: James D. Colyer is a partner at True North Companies and is responsible for deal origination, underwriting, deal execution and portfolio management activities. He has been a professional investor for more than 13 years and has worked on the buying and selling sides of deals involving aerospace and defense, consumer products and other industries.

For questions on Enterprise University, call Kay Erb at 800-396-8141, ext.13203.

asu skysong collaborates with Taiwan's ITRI

Enterprise Univ. examines Social Media, Personnel

Enterprise Bank & Trust, focused on the financial needs of privately-held businesses, their owner families, executives and professionals, announces its spring 2014 Enterprise University course schedule providing free educational seminars on a variety of relevant topics for business owners and their leadership.

“We’ve received outstanding feedback from Enterprise University participants the last two years and are delighted to debut our new format and dynamic speakers this semester,” said Enterprise Bank & Trust Arizona Region Chairman Jack Barry. “We’re pleased to offer the Phoenix business community an opportunity to learn from leading Valley professionals and the chance to share ideas and network in this engaging and interactive setting.”

The spring 2014 course schedule entails:

o Emerging Social Media and Personnel Policy Risks for Employers, Tuesday, March 11 7:30-8 a.m. networking, 8-9:30 a.m. program (Instructor: Joseph T. Clees, Shareholder, Ogletree Deakins and New Guest Instructor: Brian E. Hayes, Shareholder, Ogletree Deakins and past member of the National Labor Relations Board (NLRB)
o Options for Selling a Business and How Private Equity Can Help, Thursday, April 10 7:30-8 a.m. networking, 8-9:30 a.m. program (Instructor: James D. Colyer, Partner, True North Companies)
o Leveraging Digital Marketing to Grow Your Business, Wednesday, May 14 7:30-8 a.m. networking, 8-9:30 a.m. program (Instructor: Stephen Heitz, Managing Director of Interactive Services, The Lavidge Company)

All courses are held at Phoenix Country Club located at 2901 N 7th St, in Phoenix. Classes are free, but registration is required. For additional information and to register visit www.enterprisebank.com/eu.

Joe Bleyle, WEB

Enterprise Bank Expands Arizona Commerical Real Estate Group

Enterprise Bank & Trust, the banking subsidiary of Enterprise Financial Services Corp announced that Joe Bleyle has been named senior vice president and director of commercial real estate lending for the Arizona region. Bleyle will lead an expanded effort to provide commercial real estate financing for mid-sized Arizona businesses, developers and investors.

Bleyle was formerly senior vice president responsible for managing the bank’s assets acquired as part of its FDIC-assisted acquisitions. He will continue to oversee the team managing those assets in addition to his new responsibilities.

Bleyle joined Enterprise in 2011 after serving in senior-level positions at Wells Fargo and First National Bank of Arizona. He previously served as chief financial officer for a local commercial real estate developer.

Bleyle holds an MBA and BS in Finance from the W.P. Carey School of Business at Arizona State University. He is a member of the Urban Land Institute and the NAIOP.

Joining Bleyle on the bank’s commercial real estate team is Ann McCartney, Senior Vice President, Private Banking. McCartney, who also joined the Bank in 2011, has an extensive background in banking and real estate. She previously held senior positions with Keystone Commercial Capital and First National Bank of Arizona among others. In addition to her new duties, McCartney will continue to serve as a private banker for Enterprise clients.

McCartney earned an MBA from the Thunderbird School of Global Management and a BS in Real Estate from Arizona State University. She has served on numerous industry and philanthropic boards and serves as an expert witness for commercial real estate disputes.

“With both banking and real estate industry experience, Bleyle is well-equipped for his new leadership role,” said Jack Barry, Chairman of Enterprise Bank & Trust’s Arizona region. “Along with Ann McCartney, this team has knowledge and expertise in Arizona’s commercial real estate industry. We look forward to increasing our involvement in this important sector.”

Enterprise Bank & Trust Arizona Region Chairman Jack Barry

Enterprise announces free spring seminar schedule

Enterprise Bank & Trust, focused on the financial needs of privately-held businesses, their owner families, executives and professionals, announces its spring 2014 Enterprise University course schedule providing free educational seminars on a variety of relevant topics for business owners and their leadership.

“We’ve received outstanding feedback from Enterprise University participants the last two years and are delighted to debut our new format and dynamic speakers this semester,” said Enterprise Bank & Trust Arizona Region Chairman Jack Barry. “We’re pleased to offer the Phoenix business community an opportunity to learn from leading Valley professionals and the chance to share ideas and network in this engaging and interactive setting.”

The spring 2014 course schedule entails:

o Emerging Social Media and Personnel Policy Risks for Employers, Tuesday, March 11 7:30-8 a.m. networking, 8-9:30 a.m. program (Instructor: Joseph T. Clees, Shareholder, Ogletree Deakins)
o Options for Selling a Business and How Private Equity Can Help, Thursday, April 10 7:30-8 a.m. networking, 8-9:30 a.m. program (Instructor: James D. Colyer, Partner, True North Companies)
o Leveraging Digital Marketing to Grow Your Business, Wednesday, May 14 7:30-8 a.m. networking, 8-9:30 a.m. program (Instructor: Stephen Heitz, Managing Director of Interactive Services, The Lavidge Company)

All courses are held at Phoenix Country Club located at 2901 N 7th St, in Phoenix. Classes are free, but registration is required. For additional information and to register visit www.enterprisebank.com/eu.

Enterprise University courses in Phoenix, St. Louis and Kansas City are taught by a variety of industry experts and focus on relevant business topics including marketing, social media, sales, financial strategies, leadership training, employee management, employee benefits, succession planning and more. Enterprise University challenges business owners to think strategically and collectively supports a thriving business community by offering its courses to bank clients as well as non-clients. Attendees may register for any or all of the free courses.

Income Tax Traps

Enterprise awarded $40 million tax credit allocation

Enterprise Financial CDE, LLC, a subsidiary of Enterprise Financial Services Corp. (EFSC), has been selected by the U.S. Treasury Department to receive a $40 million allocation of New Markets Tax Credits to provide financing for community development  projects and qualified businesses located in low income communities in Arizona and Enterprise’s other markets.

Locally, Enterprise Bank & Trust, also a subsidiary of EFSC, is one of only three financial institutions selected to receive tax credit allocations. This is the second allocation of new market tax credits that Enterprise has received over the past three years, totaling $75 million.

“This is a program that allows us to contribute greatly to the communities in which we serve,” noted Jack Barry, chairman of Enterprise Bank & Trust’s Arizona region. “This is significant since not only does it allow for community projects in much-needed areas of our community, but it also provides job creation and long-term positive economic impact.”

The New Markets Tax Credit program was established by Congress in December 2000 to allow individual and corporate taxpayers to receive a federal income tax credit for making equity investments in organizations such as Enterprise Financial CDE, LLC that agree to invest in businesses and real estate developments located in low-income communities – areas which had historically been passed over for such investments.

Last year, Enterprise  provided $10 million in new markets tax credit allocation to assist with the development of Oasis Hospital, an orthopedic and spinal injury health care facility in central Phoenix.

Enterprise Bank & Trust is primarily focused on serving the needs of privately held businesses, their owner families, executives and professionals. In Phoenix, Enterprise Bank & Trust has two branches, one in north Scottsdale and a centrally-located Camelback Corridor location.

Jack Barry 9607

Enterprise’s Barry joins AzBA board

The Arizona Bankers Association today announced Jack Barry, chairman of Enterprise Bank & Trust’s Arizona region, was recently elected to the association’s board of directors.

“Jack is well-respected for his leadership at Enterprise as well as for his long-standing commitment to the Phoenix community,” said Lynne Herndon, AzBA board chairman. “We are delighted to welcome him to the board as we continue to expand the scope and reach of AzBA, the voice of Arizona’s banking industry for more than 100 years.”

Barry joined Enterprise in 2008 as President of the Bank’s Arizona Region. Previously, he served as Executive Vice President and Market Leader for the former M&I Bank in Phoenix, where he was responsible for all commercial banking operations in the Phoenix area. He has also held senior management positions at the former Southwest Bank in Arizona and Mark Twain Bancshares in St. Louis, Missouri.

Barry earned a BS from the University of Missouri and holds a Certificate of Accountancy from the State of Missouri. He is past President of the Arizona Chapter of the RMA, is a former director of the Arizona Chapter of the Association for Corporate Growth, is on the board of the Boys & Girls Club of Metropolitan Phoenix and is vice president of Phoenix Country Club.

Jack Barry 9607

Enterprise's Barry joins AzBA board

The Arizona Bankers Association today announced Jack Barry, chairman of Enterprise Bank & Trust’s Arizona region, was recently elected to the association’s board of directors.

“Jack is well-respected for his leadership at Enterprise as well as for his long-standing commitment to the Phoenix community,” said Lynne Herndon, AzBA board chairman. “We are delighted to welcome him to the board as we continue to expand the scope and reach of AzBA, the voice of Arizona’s banking industry for more than 100 years.”

Barry joined Enterprise in 2008 as President of the Bank’s Arizona Region. Previously, he served as Executive Vice President and Market Leader for the former M&I Bank in Phoenix, where he was responsible for all commercial banking operations in the Phoenix area. He has also held senior management positions at the former Southwest Bank in Arizona and Mark Twain Bancshares in St. Louis, Missouri.

Barry earned a BS from the University of Missouri and holds a Certificate of Accountancy from the State of Missouri. He is past President of the Arizona Chapter of the RMA, is a former director of the Arizona Chapter of the Association for Corporate Growth, is on the board of the Boys & Girls Club of Metropolitan Phoenix and is vice president of Phoenix Country Club.

money stack

Enterprise Bank & Trust earns honor

Enterprise Bank & Trust’s solid financial performance and profitability has earned it one of the first-annual Raymond James Community Bankers Cup awards – placing it among the top 10 percent of community banks nationally.

Raymond James & Associates, a leading investment banking and financial advisory firm, analyzed community banks for profitability, operational efficiency and balance sheet metrics from fiscal 2012. The pool of community banks considered for recognition had assets between $500 million and $10 billion as of December 31, 2012.

Enterprise Financial Services Corp, the publicly-traded (NASDAQ: EFSC) holding company of Enterprise Bank & Trust, was found to be in the top 10 percent of banks demonstrating superior performance and ranked 19th among 303 banks vying for the award.

“To earn this independent, data-based recognition is a great reflection of the hard work and accomplishments we have consistently demonstrated over the past several years,” said Jack Barry, chairman of Enterprise Bank & Trust’s Arizona region. “This award also proves our focused and relationship-based business strategy is working.”

Enterprise operates commercial banking and wealth management businesses from its Phoenix, St. Louis and Kansas City locations. Enterprise Bank & Trust is primarily focused on serving the needs of privately-held businesses, their owner families, executives and professionals.

money stack

Enterprise Bank & Trust earns honor

Enterprise Bank & Trust’s solid financial performance and profitability has earned it one of the first-annual Raymond James Community Bankers Cup awards – placing it among the top 10 percent of community banks nationally.

Raymond James & Associates, a leading investment banking and financial advisory firm, analyzed community banks for profitability, operational efficiency and balance sheet metrics from fiscal 2012. The pool of community banks considered for recognition had assets between $500 million and $10 billion as of December 31, 2012.

Enterprise Financial Services Corp, the publicly-traded (NASDAQ: EFSC) holding company of Enterprise Bank & Trust, was found to be in the top 10 percent of banks demonstrating superior performance and ranked 19th among 303 banks vying for the award.

“To earn this independent, data-based recognition is a great reflection of the hard work and accomplishments we have consistently demonstrated over the past several years,” said Jack Barry, chairman of Enterprise Bank & Trust’s Arizona region. “This award also proves our focused and relationship-based business strategy is working.”

Enterprise operates commercial banking and wealth management businesses from its Phoenix, St. Louis and Kansas City locations. Enterprise Bank & Trust is primarily focused on serving the needs of privately-held businesses, their owner families, executives and professionals.

A Guide to Applying for a Bank Loan

Enterprise posts strong quarterly earnings

Enterprise Financial Services Corp. reported net income of $10 million for the quarter ended March 31, 2013, compared with net income of $6.2 million for the prior year period. Net income per diluted share was $0.53 for the first quarter of 2013, compared with $0.31 per diluted share for the first quarter of 2012. Higher net interest income as well as a reduction in non-interest expenses drove the increase in net income.

Peter Benoist, president and CEO, commented, “Enterprise posted strong earnings for the quarter, with solid results from our core banking operations, as well as our covered asset portfolios. Compared to a year ago, organic C&I loan balances grew 20% while nonperforming assets declined 41%. Over the same period, key components of our noninterest income increased steadily, with wealth management revenues rising 14% and service charges up 15%. The pending acquisition of Gorman & Gorman Home Loans will expand our mortgage business and related fee income opportunities.”

“Net revenues from our FDIC loss share assets continue to add meaningfully to our results,” noted Benoist. “Covered assets produced $8.7 million in net revenue in the first quarter and have generated $75.8 million since we completed our first FDIC-assisted transaction a little more than three years ago.”

Benoist added, “We positioned the company for further growth with several new management assignments during the quarter. Scott Goodman was named president of Enterprise Bank & Trust, partnering with Steve Marsh to drive the Bank’s earnings growth as the economy continues to improve. In addition, several other executives were appointed to leadership roles in the Bank’s Arizona and Kansas City Regions. These promotions reflect the strength of our team and the company’s ability to deploy talent effectively to capitalize on market opportunities.”

Marketing action plan

Enterprise Offers Free Course for Business Leaders

Enterprise University, an educational program offered by Enterprise Bank & Trust, will continue its Spring 2013 courses with an April 24 class on “Creating a Marketing Strategy to Build Brands and Drive Results.” The morning workshop includes a continental breakfast and will focus on strategic, smart and innovative techniques that not only build brands but produce impressive results and generate a ROI.

This session will cover the best marketing practices online and offline for the following:
* Research and brand positioning
* Creative services
* Media planning/buying
* Web design and interactive marketing
* Public relations and special events

The instructors are David Nobs, Director of Business Development and Ben Smith, Director of Account Development at The Lavidge Company, a Phoenix-based advertising, public relationsand interactive marketing agency.

Enterprise University provides free educational seminars on a variety of relevant topics for business owners and their leadership taught by experts in a variety of fields including advertising, marketing, business continuity, financial planning and more.

WHAT: Course for business leaders on “Creating a Marketing Strategy to Build Brands and Drive Results”

WHERE: Phoenix Country Club, 2901 N. 7th St. Phoenix, Ariz. 85014

WHEN: Wednesday, April 24, 2013, 8:30 – 11:30 a.m.

COST: Free to business owners and leaders. Registration is required.

RSVP: Visit www.enterprisebank.com/eu to register

David Nobs has more than 25 years of experience in marketing, advertising and public relations. He’s directed high-profile campaigns for clients ranging from Bank of America and Microsoft to NASCAR, the NFL, NHL, LPGA and PGA of America.

Ben Smith has been on the leading edge of Arizona business and technology since 1985. Ben developed his expertise in project, design and long-range planning during his work in the public and private sectors, including serving as Director of Operations for a multi-million-dollar consulting firm where he managed engineering, programming and R&D teams nationwide.

Enterprise University will continue through May, with courses during the month of April focusing on marketing strategy and sales management.

education.business

Enterprise Bank Offers Free Business Course

Enterprise University, an educational program offered by Enterprise Bank & Trust, will continue its Spring 2013 courses with an April 2 class on “Personal Fiscal Fitness: The Critical Components of a Financial Plan.” The morning workshop includes a continental breakfast and will focus on wealth accumulation, retirement funding, estate planning and ensuring financial goals are met. The instructor is Susie Brousseau, Enterprise Bank & Trust’s senior vice president and director of wealth management for Arizona.

Enterprise University provides free educational seminars on a variety of relevant topics for business owners and their leadership taught by experts in a variety of fields including advertising, marketing, business continuity, financial planning and more.

WHAT: Course for business leaders on “Personal Fiscal Fitness”

WHERE: Phoenix Country Club, 2901 N. 7th St. Phoenix, Ariz. 85014

WHEN: Tuesday, April 2, 2013, 8:30 a.m. – 11:30 a.m.

COST:    Free to business owners and leaders. Registration is required.

RSVP: Visit www.enterprisebank.com/eu to register

Susie Brousseau began her education at the College of Charleston in Medical Technology. Shifting her focus to financial services, she achieved her Chartered Life Underwriter (CLU) designation in 1984, her Chartered Financial Consultant (ChFC) designation in 1985 and her Certified Financial Planner (CFP) designation in 1990.

Brousseau’s areas of expertise include estate planning, retirement planning, charitable giving, business planning, life insurance, investment management and asset protection strategies. She has received numerous awards, spoken regionally and nationally on wealth planning topics and has conducted numerous client seminars.

Enterprise University will continue through May, with courses during the month of April focusing on marketing strategy and sales management.

The following courses will be offered in April:
• April 24: Creating a Marketing Strategy to Build Brands and Drive Results
• April 30: Creating a Digital Strategy to Drive Business

For questions on Enterprise University call Kay Erb, Director of Enterprise University, at 800-396-8141, ext. 13203.