Why People Choose Community Banks

There are a lot of choices when it comes to banking. Many bank customers make the wise decision to bank with people they know. People who live and work in their community. When you choose to #SpendLifeWisely with a community bank like First United, your money is in the right hands. More importantly, with a community banker who cares about you and your financial well-being for the long haul.

Here are some other reasons why customers choose community banks:

1. Community banks have consistently served their communities.

Community banks have been a reliable banking option for Americans for more than a century. In fact, community banks make up the only physical banking presence in one in three U.S. counties.

From recessions to world-altering events, community banks have weathered every economic cycle, and their value is proven in the ups and downs. For example, community banks sprang into action during the pandemic to help small businesses and community members with Paycheck Protection Program loans and other financial support. As small businesses, community banks have a direct understanding of the unique issues facing the community they serve and provide personalized care and attention.

Community banks have demonstrated time and time again that they're here for you through it all.

2. Your community banker is accessible and ready to help.

Having access to your banker is imperative through the unknowns. When you bank locally, the CEO of your community bank can be the first line of defense. Instead of picking up the phone and talking to an automated voice messaging service or chatting with an online bot, you can directly find your banker's number and call when you need help or have a question.

Our community bankers answer the call because you're more than just an account number to us—you're a member of our Spend Life Wisely banking family.

3. Safety and soundness are the bread and butter of community banks.

You can confidently bank at your local community bank because no one has ever lost a dime of FDIC-insured funds. Community banks hold FDIC deposit insurance, which covers each depositor's account, dollar-for-dollar, up to the insurance limit of $250,000. If your deposits exceed that, community bankers are there to advise you.

With a time-tested business model, community banks maintain diversified portfolios rooted in building relationships and earning long-term trust with their customers and community.

It's straightforward: community banks invest in the community and you, and that’s something you can feel safe, sound, and secure about for the long haul.