Posted On: December 1, 2023 by F & M Community Bank in: In the Community
Shop Local for the Holidays
F & M Community Bank joins the Independent Community Bankers of America (ICBA) in encouraging consumers to shop locally—online or in person—when purchasing gifts for friends and family during the holiday season..png)
When you support locally owned and operated businesses by shopping or dining locally, $48 out of every $100 is returned to the local economy, boosting job growth, charitable giving and civic engagement (compared to just $14 out of every $100 spent at national chains).
“We proudly support our community’s economic engines—small businesses—and encourage consumers to shop locally during the holidays and year-round,” said Dan Christianson, CEO at F & M Community Bank. “When you reinvest in the businesses that support your neighbors, you’re making an investment in our collective future and helping our community prosper. Local businesses also accounted for 66 percent of employment growth over the last 25 years, which means your support for these businesses also helps keep the local econo.png)
my thriving.”
As a lender of choice for the nation’s small businesses, community banks continue to fund entrepreneurs’ dreams—one loan at a time. In fact, community banks make more than 60 percent of all small business loans under $1 million and serve as the only physical banking presence in nearly one in three U.S. counties.
Show support for local entrepreneurs and small businesses throughout the year.
About Community Bank
Enriching lives by improving the communities we serve.
About ICBA
The Independent Community Bankers of America® creates and promotes an environment where community banks flourish. ICBA is dedicated exclusively to representing the interests of the community banking industry and its membership through effective advocacy, best-in-class education, and high-quality products and services.
With nearly 50,000 locations nationwide, community banks constitute roughly 99 percent of all banks, employ nearly 700,000 Americans and are the only physical banking presence in one in three U.S. counties. Holding more than $5.8 trillion in assets, over $4.9 trillion in deposits, and more than $3.5 trillion in loans to consumers, small businesses and the agricultural community, community banks channel local deposits into the Main Streets and neighborhoods they serve, spurring job creation, fostering innovation and fueling their customers’ dreams in communities throughout America. For more information, visit ICBA’s website at www.icba.org.
