Business Commons^™

The Impact Of Community Banks On The Communities That They Serve, Latham Hetland

Dissertations, Theses, and Projects

Community banks have long been staples of the communities in which they serve. This paper highlights how they are continuing to have a strong impact on their communities while accommodating the needs of the future. The first way in which community banks impact their communities is through the economy, providing lending activity and financial resources for community members. Community banks also have a large impact on their communities by the way they encourage altruism and expect their employees to be involved and invested in the community. These forms of impact, combined with community banks meeting the needs and desires of …