Category Archives: Meet Your Banker

Meet Ben Price, Regents Bank VP and One of Our Resident Real Estate Gurus

Ben_PriceIf you frequent our downtown San Diego office,screen-shot-2016-09-13-at-11-07-51-am you’ve likely met our Vice President, Ben Price. Some also know him as an active member of the San Diego/Tijuana District Council of Urban Land Institutescreen-shot-2016-09-13-at-11-07-51-am (ULI) and a member of that organization’s membership and infill subdivision committees. Focused on land use and urban planning, ULI educates and advises on building environmentally-responsible communities in a way that maximizes the highest and best use of land while integrating transportation systems, community priorities and social justice. These elements and others promote successful projects that stand the test of time. And that’s just up Ben’s alley.

As a former appraiser – he’s appraised just about every kind of property – Ben’s background and education has been valuable to ULI as well as to many of his clients whose companies’ assets and/or work includes real estate. He’s also particularly knowledgeable about the unique real estate concerns of port tenants.

Banking port tenants

Through his work as a banker, Ben has carved out a unique niche serving port tenants, including sport fishing companies, boat yards, military and yacht shipyards, marinas and more. Since ports are usually controlled by a public entity – the Port of San Diego,↗ for example – port tenants operate on ground leases. They are also subject to environmental regulations unique to waterfront properties. Ben understands the special circumstances under which these tenants operate and can leverage the knowledge base and resources at Regents Bank to provide the flexibility these tenants often need.

Many businesses would need to seek out multiple financial institutions to find a source for financing marine equipment, a commercial boat, a business line of credit and a building, but Regents Bank’s community focus lets Ben find creative and customized ways to accommodate different types of requirements, partly because he has taken the time to gain an in-depth understanding of his clients’ businesses, and he very much understands the area in which they operate.

Complex real estate portfolios

Ben says that while he enjoys learning about all kinds of businesses – both port and others, getting to know real estate properties and their owners is one of his favorite parts of his job. He especially enjoys working with high net worth property owners, because their financial lives often involve many moving parts that require careful coordination and nimble services. Their needs change daily, and they require advisors fluent in all things real estate and finance. With a professional background in property appraisal, construction financing and banking, Ben feels comfortable in this role. Previously, he even served on the team that master-developed Carmel Mountain Ranch, Rancho San Diego by Jamul and Rancho Del Rey.

Community service

His drive to help people succeed reaches into Ben’s charitable activity as well. After searching for a way to make a tangible difference in is community, Ben was introduced to Friends of Downtown San Diego.screen-shot-2016-09-13-at-11-07-51-am After attending just one of their meetings, he knew he had found the right fit. The primary objective of Friends of Downtown San Diego is to grant scholarships to deserving students from San Diego City Collegescreen-shot-2016-09-13-at-11-07-51-am who demonstrate not only economic need but also academic achievement and determination. Ben serves on the Friends of Downtown San Diego committee that interviews students seeking financial assistance. The money granted from Friends of Downtown San Diego goes toward educational expenses, but Ben says that most of the students they interview tell their committee that they would use their grants to pay for books, bus fare and even food and shelter while at school.

“These aren’t spoon-fed kids,” says Ben, who came from what he describes as a working family. “They’re working hard to make a difference in their lives, and the help we provide can be pivotal. Some even live at shelters while they attend school.”

Friends of Downtown San Diego has awarded more than $300,000 in scholarships to these students. They also collect non-perishable food, blankets, books, socks and toiletries to fill 100 large holiday gift bags for home-bound seniors with limited incomes. Members of Friends of Downtown organize monthly meetings at different downtown restaurants and invite prominent community leaders to speak. Some notable speakers have included NBC 7’s Rory Devine and San Diego City Council member Todd Gloria, as well as representatives from the U.S. Border Patrol, Civic San Diego, the San Diego County Regional Airport Authority and many more. Regents Bank maintains an office downtown and has supported Ben’s involvement with Friends of Downtown San Diego, also becoming a corporate sponsor of the program.

Community has been at the center of Ben’s philanthropy and his career. Community banking, Ben says, is the right fit for him. He enjoys the leeway he has to spend time with his clients to figure out what they want to accomplish, as well as different ways to do it, and to connect them with the right people and resources. Luckily for us, Ben has now been with Regents Bank for more than eight years!

In his free time, Ben enjoys golfing and exercising. He also loves to spend time with his family, which includes one son in high school and another at San Diego State University. We hope you have the chance to meet Ben if you haven’t already.

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screen-shot-2016-09-13-at-11-07-51-am Linking to Non-Regents Bank Websites

This icon appears next to every link that directs to a third party website not affiliated with Regents Bank. Please be advised that if you click this link you will be taken to a website hosted by another party, where you will no longer be subject to, or under the protection of, the privacy and security policies of Regents Bank. We recommend that you review and evaluate the privacy and security policies of the site that you are entering. Regents Bank assumes no liability for the content, information, security, policies or transactions provided by these other sites.

Spotlight on Tami Nesburg, Executive Vice President at Regents Bank

Tami NesburgWhy are Fridays the most popular day of the week for our clients to visit the Vancouver branch? Because the Vancouver Regents team takes turns baking homemade chocolate chip cookies every Friday to share with clients. Tami and her hand-picked staff also host an annual holiday party, inviting their current and prospective clients. It’s a perfect time to mix and mingle.

Tami has run our Vancouver, Washington office for nearly 12 years, opening the office with colleague Lisa Johns on December 14, 2003. She has grown what started out as solely a loan production office into a full service business banking office with a very loyal client base. Tami set high ten-year goals for herself and her office for loans and deposits, and thanks to the amazing team, the office exceeded those goals, despite a period that spanned a very rough economic time.

Tami has lived in the Vancouver area since she was 10 years old. She feels a tremendous pride for her community and the opportunity she has to support local businesses and people. Tami estimates that 99 percent of our Vancouver office’s new business is by referral, which Tami sees as a reflection of the “extraordinary way” her team takes care of clients.

In addition to chocolate chip cookies, customer appreciation days, birthday cards and other special events that add to the Vancouver client experience, perhaps the most valuable service the team provides is their enthusiasm for taking part in clients’ strategic planning to grow and develop their companies. Tami and her staff dedicate themselves to helping clients reach their goals and in knowing other well-regarded and skilled service providers so that they can steer their clients in the right direction when needs arise for additional counsel.

Many of our Vancouver clients are family-owned businesses with annual revenues from $2 million to $75 million. It’s common for them to own the building in which they work and do both their business and personal banking with Regents Bank. Tami likes to make sure that she puts together a team of Regents bankers who know each company and their people; a team with enough generational diversity that they can seamlessly support all generations of their family-owned business clients over many, many years.

Beyond supporting the legacy of each of Regents Bank’s Vancouver-area clients, Tami works hard to support a strong community. She serves on the board of Identity Clark County,screen-shot-2016-09-13-at-11-07-51-am whose mission is to assemble and focus corporate leadership and investment in a shared community agenda for economic expansion and vitality, and serves as President of the Clark County Public Facilities District Board. She is also treasurer for Gifts for Our Community,screen-shot-2016-09-13-at-11-07-51-am which provides resources to the community in the areas of human services, education and the arts.

Through Regents Bank, Tami provides support for the Boys & Girls Clubs of Southwest Washington. Our bank sponsors the clubs’ annual luncheon, which attracts many civic leaders and raises funds. Additionally, Tami and many of her staff volunteer each year at Clark County Food Bank.screen-shot-2016-09-13-at-11-07-51-am Regents Bank, thanks to Tami, is also the presenting sponsor and part of the planning committee for the Community Foundation for Southwest Washington’sscreen-shot-2016-09-13-at-11-07-51-am First Citizen award – given to an individual within the Vancouver community who has an amazing record of service.

When she wants to relax, Tami loves to cook and to take care of her diverse garden, as well as her chickens, Rosemary and Verbena. She also enjoys golf and travel.

Regardless of what she has planned, “every day is a fun adventure,” says Tami. We’re proud to spotlight this remarkable leader on our blog, and we hope you have the chance to know Tami and her team. And if you go on Friday, you can have a cookie!

screen-shot-2016-09-28-at-7-28-21-pm_______________________________________________________________________________________________________________________________

screen-shot-2016-09-13-at-11-07-51-am Linking to Non-Regents Bank Websites

This icon appears next to every link that directs to a third party website not affiliated with Regents Bank. Please be advised that if you click this link you will be taken to a website hosted by another party, where you will no longer be subject to, or under the protection of, the privacy and security policies of Regents Bank. We recommend that you review and evaluate the privacy and security policies of the site that you are entering. Regents Bank assumes no liability for the content, information, security, policies or transactions provided by these other sites.

How Can A Specialty Banker Help Your Business?

Part one of our periodic ‘Meet Your Banker’ series of blog postings

When you think of a banker, do you think conservative suit? Good at numbers? Knows their way around a spreadsheet but maybe not around a construction site? You can be honest. You do, right?

Well, let us surprise you. Many of our bankers have unique training and backgrounds that just may match up with your specific industry. One used to hold a top position at a well-known food chain. Another earned an MBA degree in healthcare administration, and still another has financed dozens of hotel developments and acquisitions.

Our list goes on. From hospitality to healthcare, software, construction and so many more, you’ll find Regents bankers who have differentiated themselves as specialists in certain industries. They’ve done so through education and training, participating in industry associations, previous careers in those industries and, above all else, listening to our clients.

Our management and service philosophy supports and encourages our relationship managers going the extra mile to provide relevant and insightful counsel. We know that a banker who understands the unique dynamics, language and market forces of your industry will be much more valuable to you and your business.

Through our blog, we plan to introduce you to some of our specialists and tell you a little bit about how they came to focus on a certain industry and how their specialty background helps our clients. As always, we welcome your comments and questions.

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