Tag: bank local
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Weighing the difference: Local banks versus national bank
Posted On: October 25, 2024 by Kasasa in: Your Financial Life | Personal Banking
How does a local community bank stack up against a big bank? We're not afraid to look at both banking options and find out which type of financial institution stands taller in the financial battlefield. Let's state the obvious equities up front: Both will provide an account holder with a checking account and a savings account, and both lend money when it's time to buy a car or take out a personal loan. Of course, there's much more to consider from a community bank or large...
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Big box stores vs small retailers: When is shopping local better?
Posted On: November 21, 2023 by Kasasa in: Your Financial Life | Personal Banking
During the holiday buying season, it’s important to shop smart. Whether you’re buying in bulk for holiday gatherings, prepping extended staycations, crossing items off your gift list, or planning in advance for those essential Black Friday pickups, now is the time to think twice about where you’re buying what. When planning out the holidays, a wise shopper considers several factors: customer service, price, and environment are the most important for many. And for...
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Why bank local? 5 ways it's better for you (and your community)
Posted On: November 14, 2023 by Kasasa in: Your Financial Life | Personal Banking
There's no shortage of reasons to bank local. It may surprise you that — all things equal — one out of three U.S. adults would rather bank at a community bank than one of the major national banks. But in reality, most people don't. Why? The megabanks earn their "mega" stripes because they spend a lot of money to bring in a lot of customers. Maybe it's a simple question of information. While the advertising budgets may never be equal,...
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