Enterprise Bank first opened its doors for business in October 1998. Since that day, it has continued to change the expectations small business owners have for their financial institutions. The main reason is this: Enterprise Bank is the region’s only bank created solely to cater to the ever-growing and evolving needs of entrepreneurs.
Its founders—all successful, local business entrepreneurs—recognized an absence of resources for small business owners in the Western Pennsylvania region. They noticed that community banks were too small to handle the lending demands of a new business and mega banks viewed small businesses as too risky to lend to. Their idea was to create a bank that understood the needs of this unique group and to offer banking services and business solutions that would develop Pittsburgh’s small businesses—all of these in a friendly, personable atmosphere that places the clients’ needs first.