community bank



Commercial bank that is owned and operated by the local working community. These financial institutions do not have a national presence and can only be found in certain areas. Community banks operate as independent institutions and do not affiliate with larger bank chains.

Use community bank in a sentence

  • You should try to have a good reputation with your community bank so that you can come to them when you need a loan.

    2 people found this helpful
  • I stopped by the community bank and made a deposit, which made me proud, because it was my first one ever.

    7 people found this helpful
  • There are benefits to banking at a community bank or credit union because interest rates are capped at 18 percent versus a federal bank where the sky is the limit.

    2 people found this helpful
Show more usage examples...

Related Videos

Have a question about community bank? Ask for help in the
Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z