Sonabank P.o.w.e.r. Plug Podcast For Women In Business

When you started your business, did you pick a bank based on convenience because a bank is a bank is a bank, just a place to store money and pay bills? What if there was a bank leading a movement for women entrepreneurs and all women in business with an entrepreneurial spirit? Would that make a difference?   According to a 2017 study published by American Express, women are opening 1.5 times the number of businesses than men. Over the past 20 years, the number of women owned business has grown 114% and there are an estimated 11.6 million women-owned businesses in the U.S. Sonabank noticed this powerful trend and decided these women deserved more from a bank.   Host Mary Foley speaks with Joe Shearin, CEO of Sonabank, about how the idea for the P.O.W.E.R. program came about, why it’s become a movement of entrepreneurial-minded women, and the impact of the most powerful woman in his life.   Listen and learn:   - How P.O.W.E.R. got started - The role of the bank’s Board of Directors in launching and continuing t