ICBA Go Local Initiative

Community Bank Facts

Independent Community Banks
There are almost 7,000 community banks nationwide with more than 50,000 locations. Community bank assets may range from less than $10 million to $10 billion or more. Community banks constitute 96.8 percent of all banks. Community banks focus attention on the needs of local small businesses, farmers and families. Since keeping their local communities vibrant and growing are important to community bankers, community banks will often channel most of their loans into neighborhoods where their depositors live and work. Community banks are small businesses themselves, so they understand the needs and day-to-day operations of small business owners.

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