Local community bank

Why local community banking matters.

Deciding between a local community bank and the bigger financial institutions may seem like a big decision. Community banks come with numerous advantages that allow them to service their customers and local communities in ways that consistently exceeds their expectations.

Here are four reasons why banking with a community bank is the best choice:

Local community banks invest in their surrounding community.
At a local community bank like Premier, deposits are used to fund loans that invest in the local community, including local individuals and small businesses. This creates more jobs, thus creating a stronger local economy. In big banks, customer assets are often invested in large corporations that create no difference in your surrounding area. When you choose to hold your assets in a community bank, customers can be certain that their money is being used to make their local economy stronger. This is guaranteed because when the local community prospers, so too does the community bank, making them much more inclined to make these local investments. In Premier's case, this means Dubuque, and our close surrounding areas.
Local banks support community organizations.
In the name of strengthening the communities they serve; many local banks are dedicated to supporting community organizations like local non-profits and other charitable organizations. This support often comes in the form monetary donations as well as the accumulation of volunteer hours that greatly benefits the bank’s community. In 2021 alone, Premier Bank contributed over $276,000 to local non-profit organizations and initiatives for the betterment of the local community. In addition to that, Premier Bank Employees provided hundreds of volunteer hours by serving on local non-profit boards and committees, as well as assisting with charitable events and programs.
Local banks provide personal service.
By choosing to conduct your banking with a local community bank, customers are able to benefit from the excellent customer service that that often excels. Here at Premier Bank, it is not unusual to hear our employees and customers interacting on a personal level that often goes beyond just their banking needs. Customers can find comfort in the fact that when they do come into the bank, they actually know the person behind the counter. Furthermore, when you call us, you will speak with a live person. These relationships allow our bank to better serve our customers and to create individual solutions that better fit their banking needs.
Local banks provide the same products, if not better.
In addition to all these advantages, community banks offer the same variety of products that larger banks do and often at a lower price. In today’s market, almost all banks offer the same services that include digital banking, mobile check deposit, online bill pay, person-to-person payments, debit and credit cards, and more that make our customers' lives easier. Customers can be sure that they are not losing out on any exceptional products when they choose a community bank for their banking needs. In fact, data shows that the fees that come with using these products are often lower at community banks than at the big banks.

If these reasons are not enough, feel free to stop by or call Premier Bank (563-588-1000) and see for yourself the difference a community bank can have in servicing your banking needs. We have three local branches in Dubuque, IA.

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Local Matters

Why local community banking matters.

Here are four reasons why banking with a community bank is the best choice:

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