Category Archives: Press

Community Bank & Trust, with support from Phoenix Lender Services, Closes Over $63 Million in SBA Loans During Government Shutdowns

LAGRANGE, Ga., Feb. 10, 2026 (GLOBE NEWSWIRE) — While many financial institutions slowed or paused during the federal government shutdowns, and others continue to scale back or exit government-guaranteed lending programs through the Small Business Administration (SBA) and the U.S. Department of Agriculture (USDA), Community Bank & Trust moved in the opposite direction. The bank […]

Phoenix Lender Services Facilitates Record $325 Million in SBA and USDA Loan Closings in First Full Year of Operations

LAGRANGE, Ga., Nov. 04, 2025 (GLOBE NEWSWIRE) — Phoenix Lender Services (“Phoenix”), a subsidiary of Community Bankshares Inc. (“CBI”), announced today that it facilitated more than $325 million in SBA and USDA loan closings during its first full fiscal year in operation — marking one of the most successful inaugural performances in the history of […]