For many years, April has been designated as Community Banking Month. Perhaps you have seen us market ourselves a community bank, but what does that truly mean, and why should it be important to you? Here are a few facts to consider about America's community banks:
We provide 60% of all small business loans and more than 80% of all agricultural loans.
We maintain nearly 50,000 locations nationwide.
We employ roughly 700,000 people.
In addition to these impressive statistics, community banks like ours provide significant and tangible benefits each and every day. We have a local focus, as your deposits in our bank are invested in the form of loans to local businesses, farmers, and consumers, which creates jobs and stimulates economic activity in our communities. Our officers and employees live here, in your neighborhoods, while actively donating their time and financial resources to improve our communities. Having local employees in the bank affords you the opportunity to work with people you know personally, who are empowered to provide high-quality service and assistance in all your financial endeavors.
Join us in celebrating Community Banking Month in April by utilizing the #banklocal hashtag on social media. Most of all, thanks for your ongoing support in our 88th year of serving you - our customers, neighbors, and friends.
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WCF Bancorp Inc. published this content on 01 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 31 March 2022 19:15:07 UTC.
WCF Bancorp, Inc. is a holding company for WCF Financial Bank (the Bank). The Bank is a state-chartered non-member bank and regulated by the Federal Deposit Insurance Corporation (FDIC) and the Iowa Division of Banking and has deposit insurance through the FDIC. The Bank has full-service offices in Webster City, Independence and Tama, Iowa. The Bank provides banking services to its local respective markets. The Bankâs personal banking services include checking, including Kasasa Cash and Kasasa Cash Back; Money Market Accounts; Savings and certificate of deposits (CDs), including Kasasa Saver and Christmas Club; debit/automated teller machine (ATM) cards, credit cards, and loans. The Bankâs business banking services include business checking, business savings, business credit cards and business loans. Its agricultural banking includes agricultural checking, agricultural savings, agricultural credit cards and agricultural loans.