April is Community Banking Month!



Whether located in small towns, suburbia or big city neighborhoods, community banks improve America's communities. They use local dollars to help families purchase homes, buy cars, finance college and build financial security. By driving local economies and creating local jobs, community banks are an integral part of our financial system and play a key role in our nation's economic recovery.


How are community banks different?

  1. Community banks' board of directors are made up of local citizens who want to advance the interests of the towns and cities where they live and where their banks do business.
  2. Most community bank loans benefit the neighborhoods where depositors live and work.
  3. Research has shown average fees for checking accounts and other depository services are lower at community banks than at large, multi-state institutions.
  4. Community banks offer a wide range of banking services and products designed to meet the needs of consumers and business including:
  • Anytime, anywhere electronic banking
  • Automated teller machines, often with little or no surcharge fees
  • Credit and debit cards with competitive rates and features
  • Competitive checking, saving and investment products and rates
  • Small business lending and agricultural lending


Here are some other fun facts about community banks:

  1. Community banks employ 765,000 Americans and create countless jobs thanks to their role in lending to small businesses and agricultural enterprises.
  2. Community banks make nearly 50 percent of small business loans.
  3. Community banks make 82 percent of agricultural loans.
  4. Community banks constitue 99.5 percent of all banks!
  5. There are more than 600 counties - almost one out of every five U.S. counties - that have no other physical banking offices except those operated by community banks.

Plumas Bank  supports local economies and promotes vibrant, diverse communities.

Here's why you should too:


1) Small businesses give back to the community

When you spend money in your neighborhood, your sales tax stays in your neighborhood. You help fund public education, parks, and street improvements, not to mention vital services like firefighting and mosquito control.

2) Local store owners create local jobs

The Small Business Administration reports that local businesses added 8 million jobs to the American economy since 1990 while the expansion of large chains reduced jobs by 4 million.

3) Local owners buy local services themselves

Independent local businesses go into their local community to buy the supporting services they need, including architects, designers, cabinet shops, sign makers and contractors for construction and accountants and lawyers to keep themselves operating within the guardrails.

4) Local establishments provide great customer service

Business owners rely on great customer service to build a loyal customer base, so it is comforting to know you will be shopping in a store that is genuinely happy to assist you.

5) Small businesses create a sense of community

Human beings seek a feeling of belonging and familiarity in the towns in which they live. It is only natural to seek connections with those we share our neighborhoods with. It’s always a comforting feeling to see that poster of the local Little League team in the coffee shop window.

6) It feels good to help neighbors and friends succeed

There’s something special about knowing the owner of the store when you walk in. You can ask about family, congratulate them on their anniversary, and feel the comfort of familiarity.

7) It’s about preserving the community

The American Independent Business Alliance has another great reason to shop locally: “The disappearance of local businesses leaves a social and economic void that is palpable and real — even when it goes unmeasured,” AIBA says. “A community’s quality of life changes in ways that macroeconomics is slow to measure, or ignores completely.”