Community banks make our community better and stronger
Where you choose to bank matters. Consumers can make change happen at the community level by aligning with their community bank and putting their money to work in the neighborhood they call home.
Your choice of bank is your vote on where your money goes. When you deposit funds in your community bank, that money is redistributed to the community through loans to residents and entrepreneurs.
From local farms to small businesses, banking locally with a community bank connects you to your community and neighbors and gives everyone a stake in its financial success. Here’s how:
- Community banks respect their communities by doing right by their customers and community. Community banks and local communities have symbiotic relationships—one cannot thrive without the other.
- Community banks are relationship lenders. They know their customers and understand their financial needs, unlike larger institutions that take a transaction-based approach to banking.
- Community banks understand and celebrate local economies. As small businesses themselves, community banks are an unequivocal resource for entrepreneurs looking to launch a local small business. A recent study found that small businesses applying for loans with community banks are the most successful and satisfied.
- Community banks give back. Serving local communities is second nature to community banks.
As a local community bank, we see the positive power of community banking play out every day. At Better Banks, we have the privilege of serving our local community residents and their families by making loans that help them buy a home, pay for a vehicle, or send a child to college—whatever it is; we’re there and happy to lend a hand. We also have the honor of serving many of our town’s small businesses through loans to help them get started, grow, and succeed.
We’ve also served many local farms and agricultural enterprises that have been part of our community for generations. And we’re working with the next generation of entrepreneurs to help launch their exciting ideas and bring our community into the future. Local money at work is a symbiotic relationship between banks and the community that makes sense.
Making our community better and stronger is something that we all have a stake in!