Smart financial advice from local experts... Dollars & Sense Banking Locally Benefits Your Family, Your Business, and Your Community By Wes Stripling, Community Bank President First National Bank & Trust Aprilis Community Banking Month.Why choose a community bank over abig megabank? What is the diference? Community barks are an integral part of local economies, we reinvest locali dollars back into the community and help oeate local jots. Our relationship banking philosophy is ingrained in the way we conduct bus ness, one loan-one customer-atatime. Local reinvestment helps small businesses grow and helps families finance major purchases and build financial security. Community Banks Offer: Local Focus: Unlike larger banks that may take deposits inone state and lend in others, community banks channel their loans to the neighborhoods whene their depositors live and work, which helps local businesses and communites thrive. Relationship Banking: Community bank oficers know their customers and may consider family history and discretionary spending in making loans. Megabank loan officers apply impersonal qualification oriteria, such as credt scoring, without regard to individual circumstances Innovative Solutions: Community bankes also work hand in hand with customers to ensure they have access to the best innostions possible to meet their needs-such as the most secume, reliable and convenient payment options. Lending Leadership to Small Business: Acording to the Federal Reserve's Smal Business Credit Survey Report on Employer firms, community banks are the small business lender of choice. 80 percent of independert businesses that used community banks report they were satsied with their overall experience, compared with 78 percent for credit unions, 61 percent for lange barks and just 46 percent for online lenders. Independent businesses that apply for loans with communiky banks are the most successful and the most satisfied. Community Engagement and Accessibility: Community bank officers are ypically deeply involved in their local communities, donating their time, dedication and resources to local causes that make a diference inthe lives of residents, while megabank oficers are often detached from the communities where their branches are located. Aslocal small businesses themselves, community banks only thrive when their customes and communities flourish. We answer to our local communities. Megabanks are driven by shareholder value and arower to Wall Street. When it's time for you to make the switch to a community bank, here are some tips to remember before switching: Make sure all outstanding chedks have deared before dosing your old checking account. Open an account at your new bark belore you leave your old barik. Do not dose the old bank account until you are sure any diect deposits or automatic bill payments have trarslerred to the new account. Because we live and work in cur communities, we have a vested interest in pricing our products faity and praticing sensible underweiting when extending loars. People like knowing that their money is being put to work locally, and when you bank loxally with a communty bank we're al working together to beter our community First National Bank & Trust Growing Roots in Our Community 3805 10th St. Menominee 906.863.7861 fnbimk.com Smart financial advice from local experts... Dollars & Sense Banking Locally Benefits Your Family, Your Business, and Your Community By Wes Stripling, Community Bank President First National Bank & Trust Aprilis Community Banking Month.Why choose a community bank over abig megabank? What is the diference? Community barks are an integral part of local economies, we reinvest locali dollars back into the community and help oeate local jots. Our relationship banking philosophy is ingrained in the way we conduct bus ness, one loan-one customer-atatime. Local reinvestment helps small businesses grow and helps families finance major purchases and build financial security. Community Banks Offer: Local Focus: Unlike larger banks that may take deposits inone state and lend in others, community banks channel their loans to the neighborhoods whene their depositors live and work, which helps local businesses and communites thrive. Relationship Banking: Community bank oficers know their customers and may consider family history and discretionary spending in making loans. Megabank loan officers apply impersonal qualification oriteria, such as credt scoring, without regard to individual circumstances Innovative Solutions: Community bankes also work hand in hand with customers to ensure they have access to the best innostions possible to meet their needs-such as the most secume, reliable and convenient payment options. Lending Leadership to Small Business: Acording to the Federal Reserve's Smal Business Credit Survey Report on Employer firms, community banks are the small business lender of choice. 80 percent of independert businesses that used community banks report they were satsied with their overall experience, compared with 78 percent for credit unions, 61 percent for lange barks and just 46 percent for online lenders. Independent businesses that apply for loans with communiky banks are the most successful and the most satisfied. Community Engagement and Accessibility: Community bank officers are ypically deeply involved in their local communities, donating their time, dedication and resources to local causes that make a diference inthe lives of residents, while megabank oficers are often detached from the communities where their branches are located. Aslocal small businesses themselves, community banks only thrive when their customes and communities flourish. We answer to our local communities. Megabanks are driven by shareholder value and arower to Wall Street. When it's time for you to make the switch to a community bank, here are some tips to remember before switching: Make sure all outstanding chedks have deared before dosing your old checking account. Open an account at your new bark belore you leave your old barik. Do not dose the old bank account until you are sure any diect deposits or automatic bill payments have trarslerred to the new account. Because we live and work in cur communities, we have a vested interest in pricing our products faity and praticing sensible underweiting when extending loars. People like knowing that their money is being put to work locally, and when you bank loxally with a communty bank we're al working together to beter our community First National Bank & Trust Growing Roots in Our Community 3805 10th St. Menominee 906.863.7861 fnbimk.com