April is National Community Banking Month!
Community banks are the safest, soundest and most secure financial institutions. What makes a community bank? Mainly 3 things: (1) locally owned and operated; (2) local reinvestment of deposits in residential mortgages, small business loans, and agricultural and student loans; and (3) community-oriented management philosophy.
Community banks like MN First are unique because they are the primary funding source for most local construction projects and residential mortgages. This helps keep local community growing and vibrant. MN First is a small business, so we understand the needs of small-business owners and are a great resource for lending needs for small businesses and farmers.
As vital contributor to the community, MN First will be celebrating Community Banking Month in April. Check out our Facebook and Instagram to see all the special ways we’re celebrating this month!