JOURNAL OF LEADERSHIP, ACCOUNTABILITY AND ETHICS
Greenforest Bank: Case Study
Author(s): Donald Grunewald
Citation: Donald Grunewald, (2013) "Greenforest Bank: Case Study," Journal of Leadership, Accountability and Ethics, Vol. 10, Iss.1, pp. 33 - 42
Article Type: Research paper
Publisher: North American Business Press
Abstract:
The current business environment is a difficult time for small one unit banks. Government regulators are 
encouraging small banks to merge into large chains of banks. The government is also subsidizing and 
providing regulatory support to large too-big-to-fail banks. The new President of the Greenforest Bank 
must prepare a plan for the future. Can a small independent bank with only one office survive in a high 
income borough in metropolitan New Jersey in the current environment? If so, a plan to increase 
profitability despite the current recession must be adopted by the bank. The President must make 
recommendations to her board after considering other options- merge the bank into a bank chain, seek 
additional capital through selling new shares of common or convertible preferred stock or develop, 
creative new ways of working with other small banks to use shared services to reduce costs.