Greystone Bank operates with a unique business plan that features short-to-mid term commercial real estate lending, funding via Internet and wholesale sources and extremely efficient operations. Working with builders, developers, brokers and community bankers, the Bank has a loan portfolio including construction and bridge or mini-perm loans for multi-family housing, seniors and healthcare facilities and commercial enterprises.
The Bank makes direct loans and joint ventures with Greystone & Co., Inc. and it's affiliates, correspondent and community banks to design and tailor reliable financing solutions for every stage of commercial real estate projects. Funds come primarily from brokered deposits and the Internet, attracted by competitive rates, ease of processing and the assurance provided by FDIC insurance.
Headquartered in Raleigh, North Carolina, Greystone Bank attracts deposits and funds loans throughout the continental United States. The Bank is an efficient organization distinguished by its strategic focus and committed to offsetting the cost of funds with low levels of non-interest expense and a loan portfolio that is relatively short term. Through its affiliation with Greystone & Co., Inc. and it's affiliates (collectively "Greystone"), a group of related companies headquartered in New York, Greystone Bank customers have access to a variety of long term, permanent loan programs, real estate development expertise and management services. As a part of the Greystone network, Greystone Bank offers its customers and community bankers access to more loan products and financial services than ever before.