Let's invest in something even bigger... each other Why shopping locally is vitally important: Our local economy is a giant circle. The circle starts when a person shops locally at grocers, hardware stores, or repair garages. In turn, those business owners, and their employees, patronize independent restaurants, clothing shops, and hair salons. The circle revolves and ultimately helps our communities prosper, eventually funding more city services through sales taxes. 66 By shopping locally, together we are investing in the well-being of our unities." 1. Create More Jobs! Small, local businesses are collectively the largest employer nationally and, therefore, provide the most jobs to Dan Peterson SNBT President & CEO residents in communities. 2. Invest in our Community. independent depositors live and work, helping to At local banks, key decisions such businesses donate to causes that as loan approvals are made by are close to our hearts at more than Those deposits make the circle even people who live in the community, twice the rate of national chains. Locally-owned, keep them vibrant and growing. According to the Civic Economics Andersonville Study of Retail Economics, for every $100 spent at an independent business - $68 small business owners who then local needs. Because of this personal returns to the local community hire local contractors, who purchase knowledge, local banks are often greater as they are reinvested in the have face-to-face relationships with 3. Create More Choice. More form of loans to local residents or their customers, and understand independently-operated businesses mean more choice and diversity. owners select versus $43 when spent at a national supplies from local lumber yards, able to approve small business and products based on the needs of their Local business chain store. and equipment from local suppliers. other loans that big banks would local customers. How local banks support the reject. "Everyone wins when we all do our part," said Daniel J. Peterson, economy: President & CEO of The Stephenson Regional Community-serving businesses are a training ground for future generations. Entrepreneurs 4. Encourage 4. Support Businesses that Prosperity. Share a Commitment to our National Bank & Trust (SNBT). "You Growing our Local Economy. Community. Local banks are may not have realized it, but Small and mid-sized banks account supportive of non-profits and small and skilled workers are more likely community businesses too." Shopping locally and banking local banks for financing. locally Community banks serve as financial first responders for their local economy. Unlike many larger banks banks offer the same array of re-circulates locally when purchases community, the more successful we that may take deposits in one state and lend in others, community banks channel their loans to the neighborhoods banks are small for more than half of small business businesses because the fate of local to settle in communities that lending which depend heavily on banks are intimately tied to the fortunes of their communities. preserve character. their one-of-a-kind hand-in-hand. go 2. Receive the same Services at 5. Keep Money Right HERE! 5. Make this Area a Destination! a Lower Cost. Most locally-owned Significantly money The more unique we are as a more services and technology, but often at are made with locally-owned, can be at attracting tourists, a much lower cost than big box independent businesses through shoppers, recreational enthusiasts, banks. the "multiplier" of the local economic and others who want to visit. where 3. Keep Decision Making Local. circle. their SHOPlocal BANKlocal HOMETOWN BANKING MAKES A DIFFERENCE THE S STEPHENSON National Bank & Trust Member FDIC 1 Open Your Account Today! www.snbt.com 715-732-1732 Let's invest in something even bigger... each other Why shopping locally is vitally important: Our local economy is a giant circle. The circle starts when a person shops locally at grocers, hardware stores, or repair garages. In turn, those business owners, and their employees, patronize independent restaurants, clothing shops, and hair salons. The circle revolves and ultimately helps our communities prosper, eventually funding more city services through sales taxes. 66 By shopping locally, together we are investing in the well-being of our unities." 1. Create More Jobs! Small, local businesses are collectively the largest employer nationally and, therefore, provide the most jobs to Dan Peterson SNBT President & CEO residents in communities. 2. Invest in our Community. independent depositors live and work, helping to At local banks, key decisions such businesses donate to causes that as loan approvals are made by are close to our hearts at more than Those deposits make the circle even people who live in the community, twice the rate of national chains. Locally-owned, keep them vibrant and growing. According to the Civic Economics Andersonville Study of Retail Economics, for every $100 spent at an independent business - $68 small business owners who then local needs. Because of this personal returns to the local community hire local contractors, who purchase knowledge, local banks are often greater as they are reinvested in the have face-to-face relationships with 3. Create More Choice. More form of loans to local residents or their customers, and understand independently-operated businesses mean more choice and diversity. owners select versus $43 when spent at a national supplies from local lumber yards, able to approve small business and products based on the needs of their Local business chain store. and equipment from local suppliers. other loans that big banks would local customers. How local banks support the reject. "Everyone wins when we all do our part," said Daniel J. Peterson, economy: President & CEO of The Stephenson Regional Community-serving businesses are a training ground for future generations. Entrepreneurs 4. Encourage 4. Support Businesses that Prosperity. Share a Commitment to our National Bank & Trust (SNBT). "You Growing our Local Economy. Community. Local banks are may not have realized it, but Small and mid-sized banks account supportive of non-profits and small and skilled workers are more likely community businesses too." Shopping locally and banking local banks for financing. locally Community banks serve as financial first responders for their local economy. Unlike many larger banks banks offer the same array of re-circulates locally when purchases community, the more successful we that may take deposits in one state and lend in others, community banks channel their loans to the neighborhoods banks are small for more than half of small business businesses because the fate of local to settle in communities that lending which depend heavily on banks are intimately tied to the fortunes of their communities. preserve character. their one-of-a-kind hand-in-hand. go 2. Receive the same Services at 5. Keep Money Right HERE! 5. Make this Area a Destination! a Lower Cost. Most locally-owned Significantly money The more unique we are as a more services and technology, but often at are made with locally-owned, can be at attracting tourists, a much lower cost than big box independent businesses through shoppers, recreational enthusiasts, banks. the "multiplier" of the local economic and others who want to visit. where 3. Keep Decision Making Local. circle. their SHOPlocal BANKlocal HOMETOWN BANKING MAKES A DIFFERENCE THE S STEPHENSON National Bank & Trust Member FDIC 1 Open Your Account Today! www.snbt.com 715-732-1732