[BANK NAME] and ICBA: Support Local Commerce



-27876514732000MEDIA CONTACTSNICOLE SWANNnicole.swann@ | 202-821-4458LOCAL CONTACTemail | phone number[BANK NAME] and ICBA: Support Local CommerceShop Local for National Small Business Week City, State (Sept. XX, 2020)—[BANK NAME] and the Independent Community Bankers of America (ICBA) encourage Americans to support their local economies by shopping at small businesses during National Small Business Week, Sept. 20-26. More than half of Americans either own or work for a small business, and they create nearly two out of every three new jobs in the U.S. each year.“[BANK NAME] values America’s entrepreneurs and is committed to ensuring they continue to flourish—today, tomorrow and well into the future,” said [SPOKESPERSON], [TITLE] at [BANK NAME]. “We’re vested in the success of our small businesses neighbors, so when we were called upon to help secure critical funding amid the coronavirus pandemic, we galvanized our resources to help. As a result, we financed $XXX in the Small Business Administration’s Paycheck Protection Program loans, saving an estimated XXX jobs in our community.”“Small business lending has always been a cornerstone of community banking,” ICBA President and CEO Rebeca Romero Rainey said. “It’s a symbiotic relationship based on mutual respect, common interests, and a keen understanding of the local market. There’s a reason why more than half of small business owners choose to work with a community bank when it comes to building and growing their business.”In fact, small businesses that apply for loans with community banks are among the most successful and satisfied, according to a series of studies from the Federal Reserve Banks. For more on National Small Business Week visit the SBA’s website. Entrepreneurs and consumers who are interested in learning more about the community bank difference can visit?. About Community BankCommunity Bank boilerplate placeholder here. About ICBAThe Independent Community Bankers of America creates and promotes an environment where community banks flourish.?ICBA is dedicated?exclusively?to representing the interests of the community banking industry and its membership through effective advocacy, best-in-class education, and high-quality products and services. With nearly 50,000 locations nationwide, community banks constitute 99 percent of all banks, employ more than 700,000 Americans and are the only physical banking presence in one in three U.S. counties. Holding more than $5 trillion in assets, over $4.4 trillion in deposits, and more than $3.4 trillion in loans to consumers, small businesses and the agricultural community, community banks channel local deposits into the Main Streets and neighborhoods they serve, spurring job creation, fostering innovation and fueling their customers’ dreams in communities throughout America. For more information, visit ICBA’s website at .# # # ................
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