Community Banking Month

Community State Bank Celebrates Community Banking Month

In recognition of Community Banking Month in April, Community State Bank and the Independent Community Bankers of America® (ICBA) are reminding consumers about why banking locally with a community bank matters.

“At Community State Bank we value the relationships we build in our community and are always striving to provide unique opportunities to our customers, business owners, and local organizations,” said CSB President and CEO, Scott Huedepohl. “The communities that we work in, are the same communities that we live in. That makes a difference as local bankers. We genuinely care about the well being of our communities and we want to see them thrive for many years to come.”

A few examples of how Community State Bank supports the community include: 

• Employee Directed Donation Campaign, #Gift2Giving
• Providing Opportunity to Local Businesses, Community Members, and Non-Profit Organizations
• Hosting Community Shred Events and Promoting Identity Theft Prevention
• Being Community Leaders and Donating Thousands of Volunteer Hours at Community Events

Community banks take in local deposits and redistribute them back into the community—consistently making more than 60% of small-business loans and more than 80% of agriculture loans. They also contribute tax dollars that help maintain local municipalities and keep local neighborhoods viable and strong because serving the best interests of their customers is fundamental to their business philosophy. Community banks:

• Are highly favored by small businesses, earning a 76% satisfaction score compared to 62% for large banks, 46% for finance companies and 39% for online lenders, according to a Federal Reserve study.
• Are committed lenders with loan growth that has outpaced non-community banks for nine years.
• Demonstrate safety and soundness with higher capital ratios and better loan quality than the largest institutions.
• Offer high-tech, high-touch service, offering consumers modern-day conveniences and technical capabilities while maintaining the personal service standards that distinguish community banks as relationship lenders.
• Have a strong track record in helping underserved Americans by focusing a relatively large share of their resources in low- and moderate-income tracts.

“During ICBA Community Banking Month we are proud to recognize community banks as financial first responders who continue to demonstrate their flexibility to address unique financial needs while performing acts of community service that create healthy, resilient and vibrant communities, which benefit Americans nationwide," ICBA President and CEO Rebeca Romero Rainey said.

Here is a short video on how choosing a community bank as your financial partner matters!