Thankful for Your Bank?

November 25, 2021

Thanksgiving brings with it an opportunity to reflect on all of life’s blessings. And, since many will include financial stability on their list, it is also a great time to ask yourself if your bank can be doing more to help you reach your financial goals.

To help you answer that question, BayFirst is sharing reasons to consider choosing a community bank and highlighting how doing so could provide even more reasons to be thankful all year round.

Save and Earn Money. When it comes to banking services such as online bill pay, debit cards and more, on average, fees at community banks are lower than those at larger banks. Community banks also typically offer better interests on savings and loan products.

Reach Your Small Business Goals. Many small businesses depend on community banks for their financing because they can't meet conventional lending requirements from big institutions. Therefore, if you’re a small business owner, a community bank can make a big difference in your business plan.

Maintain a Face-to-Face Relationship. At community banks, transactions and important banking decisions can be made in person, if you so choose. Plus, the banking center staff live and work in the same community, meaning they are more likely to understand your exact needs.

Enjoy Personalized Attention. Since community banks serve fewer customers, staff can personally tend to the needs of each of their clients, developing stronger relationships and providing more personalized financial guidance.

Be Proud of a Commitment to the Community. For community banks like BayFirst, the number one priority is the health and success of the community around them. To that end, these banks are heavily involved in their communities – through local sponsorships, charitable giving, financial literacy events and more – providing customers a sense of pride that larger banks likely cannot.

Enjoy a Full Range of Services. Though many assume community banks do not offer the full range of services available at larger banks, that is generally not the case. Most offer the same suite of business and personal products and services (including online banking) but at better rates and with more personalized attention.

Benefit from Faster Decisions. At community banks, decisions are made locally instead of escalated through a nation-wide chain of professionals, meaning a decision on your request will most likely be made faster.

When you list the things you are thankful for this Thanksgiving, will “Having a bank that I am proud of and trust” come to mind? If not, it might be time to switch to a community bank such as BayFirst, which will always be thankful for the valued customers who choose us to be Here for What’s Next® in their lives.

Ready to learn more about the products and services we offer that could be right for you? Fill out the form below to get started!