They’re called community banks for a reason. Sure, it has a lot to do with the sense of community that builds around a business that’s very much into building relationships. But it’s also about a sense of place.
A community bank will serve people from a number of neighborhoods, and each of those neighborhoods offers a different sense of place. It’s the shared love of these special places that keeps these neighborhoods together, and community banks share that same feeling.
A sense of place
Everyone has a favorite pizza place, bagel place, ice cream place. If you happen to be really hungry right now, you’re probably thinking of all three at once. What do all of these places have in common (besides being your favorites, of course)? They all have the word “place” in them. And places are what make communities special.
For dog lovers, local dog parks are a very special place that they visit as often as they can. For others, their special place might be a totally different park, or a path in the woods, or even their old school. Doesn’t everyone sneak onto the swing set on their childhood playground on occasion?
It’s the collection of these spaces—and many more—that make a community itself special, along with the trees and buildings and streets that stay more or less the same year after year. And you’re not alone in your love of this place. The people who founded the community bank like this place and these places, too. That’s why they’ve been around for so many years and have no intention of leaving.
The Place That Community Banks Built
Have you ever stopped to think about how these places you love came into being? Houses, buildings, and public works projects such as parks, sports fields, and bike paths all need to be financed somehow. If you’re looking for clues as to the source, look no further than when the community banks in your area were founded. Some of these banks go back to the middle of the 1800s, and they’re still going strong today.
When the houses or apartments on your street were built, that financing had to come from somewhere. Community banks provided that financing dozens of years ago, or even a hundred or more for some of them. The same holds true for the commercial buildings. The businesses in them probably changed again and again over the years, and community banks helped those businesses get started with loans and mortgages for their houses, too.
Come to think of it, a lot of the people who work in these community banks today are probably living in places that were financed by the same bank when they were constructed. Now that’s pretty cool.
It’s important for those who love where they live to commit to keeping the community special and maintaining the places and spaces that make it special to them. Community banks have a long history of taking the lead on whatever it takes to invest in their towns and cities. If you’re looking for ways to get more involved in maintaining all those places that make you love where you live, think about adding another special place to your list: a community bank.