What is a Community Bank? An independent, community bank with eight locations, 1st National Bank has been offering service, strength and security to its customers since 1876. We’re very proud to celebrate 140 years of service this year. Community banks are vital to growth and prosperity in communities across the United States—an important link in the economic network that fuels progress in the neighborhoods where we live and work. As a community bank, 1st National Bank takes great pride in every facet of the communities we serve—from homebuyers, small businesses, local agriculture, and to the area’s overall economy. And, above all, we care about you—our valued customer. Community Bank Advantages Local needs first. Community banks focus attention on the needs of local families, businesses, and farmers. Conversely, many of the nation’s megabanks are structured to place a priority on serving large corporations. Growing your communities. Unlike many larger banks that make deposits in one state and lend in others, community banks channel most of their loans to the neighborhoods where their depositors live and work. Local decisions. Community banks offer nimble decision-making on business loans, because decisions are made locally. Megabanks must often convene loan approval committees in another city or state. Giving back. Community bank employees are typically involved in local community affairs, while large banks are likely to be detached physically and emotionally from the communities where their branches are located. Local citizens on Board. Community banks’ Boards of Directors are comprised of local citizens who want to advance the interests of the towns and cities where they live and the bank does business. Understand your needs. Because community banks are themselves small businesses, they understand the needs of small business owners. Their core concern is lending to small businesses and farms. Studies show that they are the primary advisers of small businesses. The core concern of the megabank is serving corporate America.