3 Reasons Independent Banks Matter

Community banks account for more than half of all small business loans in the U.S. They are also responsible for over 80 percent of all agricultural loans. Those statistics might sound surprising when you consider that the four largest banks in the U.S. hold more than 45 percent of all U.S. deposits, but that is because they prioritize corporations over the average consumer. Now more than ever, big banks are pulling out of small towns and community banks are thriving for many reasons.