IE Business Daily Business news for the Inland Empire.
On this week’s Professionals of the Inland Empire podcast, John Tulac features guests Steve Nosenchuck from PNC Bank and Dorian Sandoval from Citizens Business Bank, with a discussion centering on different banking roles and services offered by their institutions.
Steve Nosenchuck is a commercial banker at PNC Bank, serving lower middle market companies with annual sales under $100 million. His responsibilities include managing banking relationships, deposits, treasury management, and financing options, such as operating lines of credit and equipment financing. PNC, the sixth largest U.S. bank, has recently expanded through acquisitions, including BBVA Compass and FirstBank, and aims for further growth in California.
Dorian Sandoval, a financial consultant at Citizens Business Bank, specializes in wealth management, trust and estate planning, and retirement accounts. She emphasizes integrating wealth management with commercial banking to provide comprehensive financial solutions. Her focus differs from traditional banking, concentrating more on financial planning for clients rather than promoting personal accounts.
The banking industry continues to evolve with an increase in electronic transactions and a shift towards digital services, although concerns about fraud persist. Blockchain technology is emerging as a solution for improving fraud prevention.
Nosenchuck prioritizes minimizing in-branch visits with remote services like check deposits and ACH transfers, while fostering relationships through networking. Sandoval emphasizes the necessity of trusted financial partnerships in navigating complex financial matters. Both guests stress the importance of networking and staying informed.
The PIE podcast aims to showcase Inland Empire professional talent, foster local economic development, and highlight the Provisors networking community. Catch the full show on YouTube @ProfessionalsofInlandEmpire.
