Why Community Bank?
Instead of banking with companies that are profiting from private prisons and family detention — bank knowing that you’re supporting your local community
Online banking and access to ATMs! You can still use “big name” ATMs to take out money (with no fees or easily refundable fees)
There are many locations. Here are just a few: https://www.realmoneymoves.org/community-bank-map
Community banks are more relationship-based. Branches are smaller and more intimate, and they may end up knowing your whole family. This personalized service helps small banks chalk up high personal satisfaction scores.
Big banks have many reporting levels and higher staff turnover. These conditions can make it harder to get fees waived or good loan rates negotiated.
Community banks usually offer lower fees than big banks. The majority of small banks offer free checking, lower overdraft fees, and balance requirements for avoiding checking fees. Some small banks are even reimbursing several, if not all, surcharges at out-of-network ATMs.
Community banks can offer more commercial loans than big banks. And rates on car loans may be cheaper, too.