St Casimirs Mortgage Minute

Local Op-Ed: Relationships Distinguish Community Banks

Relationships with customers distinguish community banks from larger financial institutions, according to a new community banker op-ed in the Alexandria (Va.) Times.

John Marshall Bank regional executive Ted Johnson wrote in the newspaper that being on a first-name basis with customers trumps impersonal relationships and that community banks are second to none in serving small businesses.

“Community bankers have personal business relationships with customers and a finger on the pulse of the community,” Johnson wrote. “With this involvement and knowledge of the local business climate, community banks are more likely to be receptive to small business loans.”  --ICBA