- Tameka Montgomery, president and CEO of Core Strategy Partners
Unlike larger banks, community banks reinvest your deposits locally—funding small businesses, creating jobs, and supporting community projects. Banking locally is like shopping locally: it strengthens your neighborhood.
Community bankers know their customers personally, considering your unique story—not just your credit score—when making lending decisions. Larger banks rely on impersonal criteria, but community banks see you as an individual.
When small businesses needed urgent support during COVID-19, community banks stepped up, issuing 4.7 million PPP loans totaling $429 billion, saving an estimated 49 million jobs. They provided 60% of all PPP loans, 72% to minority-owned businesses, and served over 90% of local communities nationwide.
According to the Federal Reserve, 79% of small businesses prefer community banks, compared to 67% for large banks and 49% for online lenders. Community banks consistently deliver satisfaction and results.
At a community bank, you're never just an account number. They offer personalized, creative financial solutions tailored to your unique needs, investing in your financial success.
Our bank locator makes finding a community bank easy—one that will support you every step of your financial journey, online, in-person, and beyond.
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