5 Reasons To Choose A Community Bank - My CCNB

5 Reasons To Choose A Community Bank

Banking with CCNB means that you’re helping our local community thrive!
Here are 5 reasons why you should bank local and why you should choose CCNB

1. Local Decision-Making

Let’s face it. Time is money. Having timely answers is crucial to you and your business. At CCNB, loan approvals and other critical decisions are made by people who live in your community and have face-to-face relationships with their customers, and we understand the needs of our local community and will take the time to look at your unique needs. We take a common sense approach to loan approvals. Because of this first-hand knowledge and personal attention, local financial institutions like CCNB are often able to approve small business loans and other financings that big banks might not. Our deep roots and local market know-how provide you with timely decisions and innovative banking solutions that save you time and money.

2. Saves Time and Money

At CCNB, our customers never pay a fee for using our ATMs! Most locally owned banks offer the same array of services, from online bill paying to debit and credit cards at a lower cost than big banks. Average fees at small banks tend to be substantially lower than at big banks, according to national data. Studies show that small financial institutions also offer, on average, better interest rates on savings and better terms on credit cards and other loans.

3. Put Your Money to Work Growing Our Local Economy

Small businesses, which create the majority of new jobs, depend heavily on small, local banks for financing. Although small and mid-sized banks control less than one-quarter of all bank assets, they account for more than half of all small business lending. Big banks, meanwhile, allocate relatively little of their resources to small businesses. These twenty banks now control over half of all bank assets but devote only a small percentage of their time to small business commercial loan portfolios.

4. Support Productive Investment

The primary activity of almost most community banks is to turn deposits into loans and other productive investments. Meanwhile, big banks devote a sizeable share of their resources to speculative trading and other Wall Street initiatives that typically generate big profits for the bank but provide little economic or social value for our local economy.

5. Commitment to Our Community

It’s been said that “a rising tide lifts all boats”. What does this have to do with banking? The health of local banks impacts the health of our communities. This is why local banks are involved in their communities. Big banks, in contrast, are not as connected to the places where they operate. Larger banks use a community‚Äôs deposits to make investments in other regions or on Wall Street. It is with great privilege that CCNB actively supports a variety of local organizations throughout our community, and we keep your money local.

The CCNB Difference – Responsiveness

CCNB cares about you, your business, and the health of our community. We know there’s no substitute for having a face-to-face conversation with an experienced banker, or how important it is to you when you want to speak to a person at your bank. Whether you’re starting or expanding a business, looking for a home mortgage, or seeking a more personal banking relationship, our team uses our “We Can Do That” spirit every day to provide you with the finest banking experience possible. We put you first and genuinely care about your financial success and our consistent 5-star rating proves our philosophy is more than just a motto.

After all, we’re not just bankers; we’re your neighbors!