• REBECCA RAUSCH

Big Bank or Community Bank?

Enjoy this great guest post! Learn why a community bank might be the first choice for your business! Special thanks to the State Bank of Fairbault for their input!


Benefits of a Community Bank


Some people think all banks are the same, but they are not created equal, especially when it comes to lending to businesses and individuals. You should do your research when determining which financial institution with whom you wish to do business. Community banks take pride in getting to know their customers and thinking outside the box to give more flexibility to the applicant for their loan needs.

Team stacking hands to show unity and trust

Building a rapport with your financial institution leads to trusting communication and positive outcome. Whether you are a large business or one just starting out, consider who is willing to listen to your needs and who is open to assist you.


Community banks also pride themselves on working alongside customers in all aspects of their banking needs. Community banks also give back to the community in which you live, in addition to enhanced benefits to the customer. All of these are important points when choosing your perfect banking partner.


The State Bank of Faribault, with a branch office in Prior Lake, is family-owned by four generations of community bankers. We’d love to meet you.


The State Bank of Faribault, Prior Lake Branch

6867 Boudin St. NE, Prior Lake

952-204-1240



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