Tag Archives: Jack Barry

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.”

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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.

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.

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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.