New polling data arrived on the doorstep this morning with some really interesting insights. Overall, it shows that Americans support community banking! Two highlights are instructive: 70% say that providing tax relief to community banks in rural communities would definitely help to preserve family farms, and 68% say that credit union customers should have that same consumer protections that community banks provide.
David Eastburn’s Post
More Relevant Posts
-
It's Community Banking Month! Here are just a few ways community banks differ from other financial institutions. Let us know in the comments what you appreciate most about your community bank (hopefully FSBT😊). #fsbt #achievemoretogether #communitybankingmonth #banklocal
April is Community Banking Month! What better opportunity to break down a basic question: What is a community bank? 📘 A community bank is a locally owned & operated financial institution that provides banking services primarily to individuals, families, small businesses, & farming communities. 💭 How are they different from large national banks? Community banks tend to be smaller in size and focus on building strong *relationships* with their customers by providing personalized service & support. 💭 How are they different from credit unions? Unlike credit unions, community banks pay income taxes – reinvesting in the local community by paying into public services. We're proud to support community banks in Minnesota as they work tirelessly to support their local communities! #communitybankingmonth #communitybanking #banklocal #bankinmn
-
-
Did you know? It's been known across the financial industry that customers save more with local community banks rather than the big-bank alternative. But why? The answer is simple: Local banks take part in community programs and initiatives to support the microeconomy of the city or district and have greater levels of flexibility. This results in even better rates for you and more benefits for your neighbors.
-
-
Reflecting on last year and looking ahead to this year, growing deposits will continue to be a priority for credit unions. To learn more about the opportunity for credit unions to strengthen community relationships while growing deposits, read our latest blog. https://hubs.ly/Q02hpt0z0
-
📢 Hey folks! Time for a crash course in financial lingo! 🤓 Let's talk about how a credit union is different from a bank, shall we? 👀 🏦 Banks, like the fancy pants they are, operate for profit. 💸💼 But credit unions are like the friendly neighborhood superhero 🦸♂️, more focused on serving their members rather than making it rain dollars. 💪#CommunityMatters 🙌 Credit unions are not-for-profit organizations, which means they often offer lower loan rates, higher interest on savings, and lower fees! 💰💸 Can I get a #GoodbyeFees please? 🙋♀️💃 So, if you're looking for a financial sidekick that's all about you, your community, and those extra dollars in your pocket, give a credit union a whirl! 🌍🤝 #ChooseWisely #invoicetemple
-
-
Curious about the difference between banks and credit unions? 🤔 Check out this insightful video! 💡 Discover how credit unions, like us, prioritize YOU over profits, with personalized service, community reinvestment, and democratic decision-making. 🤝 #CreditUnionDifference #CommunityFirst #PeopleOverProfits
-
Retail Banking Senior Leader with 20+ years of operations, deposits, customer support, & people leadership experience
🌐💪 Unlocking Potential: The Power of Community Banks! 💪🌐 In the world of finance, don't underestimate the impact of community banks. 🏦 Personalized service, local insight, and a commitment to community growth make them invaluable partners for businesses and households. 💼💙 #CommunityBanks #LocalPowerhouse #BusinessAlliance #ServiceFirst
-
Chief Mammal & Creator of The Money Mammals | Author of The Art of Allowance | Creator of The Art of Allowance Project
We provide everything your credit union needs to help families and kids get money-smart. 💲🧠💲. If you'd like to know more about how you can engage kids and empower parents, let's connect: https://lnkd.in/gsf2syp4 #creditunion #creditunions #financialliteracy
-
Community banks are subject to rigorous federal and state banking regulations. They are required to pay federal and state taxes, including income taxes, as for-profit businesses. Community banks raise capital through selling shares and generating profits. This capital is crucial for expansion, innovation, and sustaining operations. We are dedicated to serving the financial needs of their local communities. https://bit.ly/40xFkU7 #mutualbanks #jarrettsvillefederal
-
-
A Glimpse Behind Financial Empowerment in Kern County: Take a sneak peek at last week’s event where we captured some exclusive behind-the-scenes moments. Our very own Cristian Campos & Gloria Aguirre were at the forefront, imparting their wisdom about the advantages of credit unions. They delved into the myriad of benefits that come with membership, highlighting why it stands out as a more favorable option compared to traditional banking. Did you know? Credit unions are unique in that they are not-for-profit institutions. This means they prioritize the financial well-being of their members over profits, often resulting in lower interest rates on loans and higher interest rates on savings accounts, compared to traditional banks. They’re all about empowering their members and communities, making them a smart choice for those looking to make the most of their money! . . . . #STRATAsphere #FinancialLiteracy #CommunityEmpowerment #StrataCreditUnion #FinancialEducation
