Welcome to Covenant Bank


Congratulations! You have weathered some fierce storms but you are having continued success. This is the stage that every entrepreneur hopes to reach. All your hard work is paying off. There is sufficient revenue coming in, so there are positive signs for the survival of your business. You have a decision to make: remain content in the successful business you have created, or go bigger. Maybe it's time to step even more boldly in the future, ask "what if" and go for it. Covenant Bank stands ready to recommend helpful resources to guide you through these important decisions.


If you answered "yes" to "go bigger," it's time to do some serious thinking. Where do you want the company or organization to go? When you've nailed that down, you must scrutinize your infrastructure, throw out what no longer serves you, and optimize what does.


At this stage it is easy to become complacent. Solidify your team and commit yourself to inspire your key personnel to hold firm to the vision for your company or organization and streamline processes to gain efficiencies. If you've done well, you will identify:

  • Operational inefficiencies
  • Optimum ways of hiring, training, and managing staff
  • Opportunities for increased production
  • Methods to motivate your employees
  • Possible rebranding aligned with your new vision for expansion

Key Considerations

  • Plug into Covenant Connections for a menu of helpful resources
  • Plans for expansion
  • Adjust for human resources complexity
  • Fine-tune organizational structure
  • Shift management control
  • Review business insurance requirements
  • Increase marketing budget to support expansion efforts
  • Consider mergers and acquisitions for growth

Financial Product and Service Options to Explore

  • Business checking account
  • Business savings/money market account
  • Business term loan and/or line of credit
  • Online banking and bill pay services
  • Mobile Banking
  • Remote Control banking
  • Sweep account
  • Cash management
  • Merchant credit card services
  • Positive Pay
  • Lock Box
  • Door-to-door courier service

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