Channel Islands Bank Wins Certified Lender Status

Channel Islands National Bank has been awarded certified lender program status by the Small Business Administration.

The program uses the credit knowledge of the bank’s loan officers to shorten processing time for SBA loans. Bank Vice President Doug Graham said that with the program, the SBA assumes that the bank has performed a thorough and accurate credit analysis on a loan package and therefore the administration does not do its own in-depth analysis.

Channel Islands National Bank has two offices in Oxnard and one in Camarillo. The bank specializes in servicing the needs of the small business community.