How does "Community" fit into Community Banking?
BY BRENDON MATTHEWS
Ask most people and my guess would be that they see banking as banking. For better or worse, banks get lumped (and take their lumps) together as a collective group. On the surface, there may not be many obvious differences (other than size) between the giant bank with branches in every state and the small, community bank with three branches in Northwest Ohio. Banking products vary slightly from bank to bank, but your basic banking services can be found at each and every institution.
From my humble community banker's perspective, the main difference lies in scope and mission. A 5,000 branch bank serves a much larger area than a community bank, must cater to the majority, and makes decisions for the company that typically stem from a bank's corporate headquarters in a metropolitan area somewhere. A decision made for the good of the company in this situation will probably not be tailored to benefit Bluffton or Pandora, Ohio, populations 3,944 and 1,184 respectively (from city-data.com as of July, 2008).
Continue reading at: http://communitybanking.wordpress.com/2010/05/16/how-does-%e2%80%9ccommunity%e2%80%9d-fit-into-community-banking/
Stories Posted This Week
Friday, November 22, 2024
- Ticket and livestream info for Bluffton Pirates v. Patrick Henry football
- Service of thanks at Trinity Evangelical Lutheran
- Pirate girls basketball beats Hornets in McDonald’s opener
- 100+ voices in Bluffton's Handel's Messiah chorus
- Pirate Worcester named top district defender
- BVHS receives Level 7 achievement in ‘Most Wired’ survey
Thursday, November 21, 2024
- McDonald’s Holiday Tournament, Thursday, November 21
- 2024 Fall Festival in pictures: At the Schumacher Homestead
- Fairy I. Parkins was postmaster of Benton Ridge
- Council committee and residents discuss ADUs, best and worst case scenarios
- BPL hosts Open Crafts and Game Space, November 26
- Women in Business meet November 21
Wednesday, November 20, 2024
- Bluffton Beavers sports roundup, Nov. 13-19
- ODOT prepping for first snow of the season
- Mason named OBL 2024 Banker of the Year
- October 2024 land transfers in Bluffton school district
- November chamber meeting explores member news, Blaze plans and flag etiquette
- Bluffton EMS by the numbers: October 2024
- Children left unattended in running vehicles can lead to abductions
- Icon search function goes from 0 to 30
Tuesday, November 19, 2024
- Tickets and streaming information for Nov. 22 Pirate football playoff game
- Spirit Bus for November 22 football playoff in Findlay
- Tea Bag Exchange & Tasting at BPL, November 21
- Letter: University students learn about Fair Trade
- Join volunteer crew for 2024 Ream Display-Blaze of Lights setup
- Village of Bluffton asks for updated utility billing contact information
Monday, November 18, 2024
- Dorothy P. Moser operated Moser Electric
- Multi-agency active shooter drill to be held at Apollo
- Adopt-a-Family for Christmas via Bluffton Food Pantry
- Pirate football to play Hamler Patrick Henry at Findlay
- The "Brice" Presbyterian Church cornerstone
- Pirate football to face Patrick Henry in region finals