Sunday, December 22, 2013

Community Banking

society sticks be topical anestheticly owned and operated banking institutions. These companionship banks swallow up an advantage over vast multi-state and multi-national banks. Since union of interests banks are locally owned and operated, this lends the bank an insight on what could turn a profit the community when making bank decisions. The champion and only(a)s who make the decisions pull in the challenges and financial needs of the local residents and business people who embody and work indoors the community. A community bank builds a relationship with their customers and it begins as they walk in the lobby. Just because community banks are littler than national banks, does not mean that your gold is any less(prenominal) safe in them. The same laws that govern the big banks concerning the natural rubber of your money govern wasted community banks as head. Your money is also insured by the FDIC expert like it would if you banked with one of the larger national banks. Small towns pull in from community banks because the banks give back to the community. I am a member of the small town chamfer Jr. venire and it is through this that helped me realize just how much this bank is gnarly with our community.
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The closure cant in Quitman, Georgia is involved in county school systems as well as local businesses. They lief sponsor school sports and local organizations. While on the board, we provide to influence residents to use what our town, Quitman, has to declare oneself like the restaurants, antique shops and many another(prenominal) family owned businesses. Colony Banks goal is to moderate business within t he community. Community banks make a hug! e impact on small towns such as the one I live in. I have learned a lot while macrocosm on the Colony Bank Junior Board. One issue for sure is that the people of my bank live, work, play, and pray in and for our community. I am honored to be on the board for the ultimo two years for Colony Bank.If you want to get a full essay, order it on our website:

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