When you support your local, independent bank, you support your community.
First Port City Bank is reminding consumers: where you choose to bank and with whom matters. This reminder comes in celebration of the Community Banking Month in April.
Community banks support local startups—funding more than 60 percent of small businesses and more than 70 percent of agriculture loans. They contribute tax dollars that help maintain local municipalities and keep local neighborhoods viable and vibrant.
When choosing who to trust with your hard-earned money, First Port City Bank wants consumers to know:
- Community banks respect and honor their community ties. Community banks have symbiotic relationships with their communities—one cannot thrive without the other.
- Community banks are relationship lenders. They know their customers and understand their financial needs.
- Community banks understand and embrace local businesses. A study from the Federal Reserve Banks found that small businesses that apply for loans with community banks are the most successful and most satisfied.
- Community banks give back. Serving local communities is second nature to community banks.
