April Is Community Banking Month!

Posted on: April 5th, 2018

Clear Mountain Bank and The Independent Community Bankers of America® (ICBA) are reminding consumers: Where you choose to bank and with whom matters. To illustrate the positive impact community banks like Clear Mountain Bank have on their communities, ICBA released this video for Community Banking Month.

Clear Mountain Bank is known for friendly and professional hometown service and a dedication to helping the local communities grow. “When you bank locally your money stays in our community, working for all of us,” said David M. Thomas, President and CEO of Clear Mountain Bank. “As a community bank, we invest heavily in the local communities with both in-kind and financial support and we strongly encourage all of our employees to volunteer some of their time to help the wonderful organizations in our area.”

Community banks support local small business and agriculture loans startups, and contribute tax dollars that help maintain local municipalities and keep local neighborhoods viable and vibrant.

When choosing who to trust with your hard-earned money, ICBA wants consumers to know that they have a choice.

  • Community banks respect and honor their community ties. Community banks and local communities have symbiotic relationships—one cannot thrive without the other.
  • Community banks are relationship lenders. They know their customers and understand their financial needs.
  • Community banks understand and embrace local businesses. A study from the 12 Federal Reserve banks found that small businesses that apply for loans with community banks are the most successful and most satisfied.
  • Community banks give back. Serving local communities is second nature to community banks.

For more facts and statistics about community banks, click here.

Clear Mountain Bank is a locally-owned and managed community bank serving north-central West Virginia and western Maryland. Clear Mountain Bank offers a comprehensive array of banking services.  The company is a leader in providing electronic banking services, including mobile banking and remote deposit.  Additional information is available at www.clearmountainbank.com.

 

About ICBA

The Independent Community Bankers of America®, the nation’s voice for nearly 5,700 community banks of all sizes and charter types, is dedicated exclusively to representing the interests of the community banking industry and its membership through effective advocacy, best-in-class education and high-quality products and services. For more information, visit ICBA’s website at www.icba.org.

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