Since 1981, Education Week has been the cornerstone national resource for K-12 news and information with the mission to make sure that every child in this country has access to a high-quality education. When Michele Givens joined the organization in 2001 as General Manager, she understood the multiple streams of revenue that Education Week generates. In 2016, when she was appointed President and CEO, she knew that they needed a bank to understand their diverse financial needs.
When Getting Bigger as a Company Drives You to Find a Smaller Bank: Kranze Technology Solutions and Sandy Spring Bank are a Perfect Fit
Founded a little over 12 years ago, Illinois-based Kranze Technology Solutions designs and builds high-tech digital equipment, primarily for use by the U.S. military. For the first couple of years, the company operated using a fairly modest line of credit extended to it by the major national bank with which it was then working.
Before choosing Sandy Spring Bank a little over five years ago, Quadrant Inc. had worked with “about six different banks,” says Quadrant CEO and founder Cait Vargas-Cissel. “We tried lots of different banks and, lots of different kinds of banks, but we never found one that felt like a partner until we came to Sandy Spring Bank.”
When Bruce E. Lansdowne founded Trinity Technology Partners in 2008, he knew he could grow the business on a fast track but finding the right banking partner to help fuel that growth was a critical piece of the puzzle. Bottom line: Lansdowne wanted a bank that was big enough to fulfill all of Trinity’s needs but small enough that he could have a direct relationship with the decision makers at his bank.