Community bank

A community bank is a depository institution that is typically locally owned and operated. Community banks tend to focus on the needs of the businesses and families where the bank holds branches and offices. Lending decisions are made by people who understand the local needs of families, businesses and farmers. Employees often reside within the communities they serve.

In the United States, community banks are not clearly defined. Most agencies base this term on aggregate assets size with varying definitions such as less than $1 billion (Office of the Comptroller of the Currency) up to less than $10 billion (Federal Reserve Board and Government Accountability Office). From 1985 to 2004 they comprised roughly 94% of all banks in the United States, but the proportion of expanding total national deposits that the Community Banks held declined from about 25.89% of all U.S. deposits in 1985 to 13.55% of the U.S. deposits in 2003.

List of community banks

Community Bank

A community bank is a depository institution that is typically locally owned and operated.

Community Bank may refer to:

Community

A community is a social unit of any size that shares common values, or that is situated in a given geographical area (e.g. a village or town). It is a group of people who are connected by durable relations that extend beyond immediate genealogical ties, and who mutually define that relationship as important to their social identity and practice. Although communities are usually small, community may also refer to large groups, such as national communities, international communities, and virtual communities.

The word "community" is derived from the Old French comuneté which comes from the Latin communitas (from Latin communis, things held in common).

In human communities, intent, belief, resources, preferences, needs, and risks, may be shared in common, affecting the identity of the participants, and their degree of cohesiveness.

Perspectives from various disciplines

Community studies

Community studies is an academic field drawing on both sociology and anthropology and the social research methods of ethnography and participant observation in the study of community. In academic settings around the world, community studies is variously a sub-discipline of anthropology or sociology, or an independent discipline. It is often interdisciplinary and geared toward practical applications rather than purely theoretical perspectives. Community studies is sometimes combined with other fields, i.e., "Urban and Community Studies," "Health and Community Studies," or "Family and Community studies."