The Lifecycle of a Community Bank

Published: April 12, 2018
The Lifecycle of a Community Bank

 If you’ve ever participated in career day at a local elementary school, you’ll probably relate to this story. A banking colleague visits her son’s kindergarten class and amid explaining the role of a banker, one eager child pipes up and says, “It’s like the lifecycle of a plant!”

He’s right—community banks like Farmers & Merchants State Bank take in deposits and distribute loans and feed into a self-sustaining micro-economy by keeping funds right here in our communities.

The idea of “sustainability” is linked to a lot of our local activities these days—whether it’s reusing or recycling products that otherwise might be tossed out, sampling culinary delights from the local bakery or family-run diner, or choosing to buy American-made products to support our national economy. There are plenty of reasons why eating, dining and banking locally makes good economic sense.

It’s all part of a symbiotic relationship that community banks have with their communities. Funds taken in by the community are put to productive use by lending that money back into the community’s economic ecosystem—to local small businesses and residents just like you.

When you deposit money at F&M, those funds are used to support local businesses, homebuyers, and everyday consumers. And the proceeds from those businesses employ local residents, fund municipalities, and continue the cycle of locally based economic growth.

As we recognize April as Community Banking Month F&M wants to thank our existing customers for their patronage and urge those who we hope to count as future customers to consider what it means to bank locally and help sustain Main Street today, tomorrow and for generations to come.

This April, in celebration of Community Banking Month, F&M encourages everyone to consider what it means to bank locally and help sustain Main Street today, tomorrow and for generations to come.

Stop by F&M today to discuss your financial situation and learn how a community bank can help you realize your financial dreams—and contribute to a more vibrant and sustainable economy in your community.

Remember—we’re all in this together. Community banks are only successful if our customers and communities are too. That’s why the community bank and its relationship business model have thrived for more than 150 years. We know what it takes to create successful local economies—join us in helping to build a more sustainable, vibrant economy here at home!