When autocomplete results are available use up and down arrows to review and enter to select.
A growing number of bank customers are moving their money from large institutions to community banks, according to a new Wall Street Journal report.
Report Details: The report says many consumers are making the switch to gain greater face time with bankers and better rates, leading community banks to outpace the broader banking industry on deposit growth. It features several community bank customers who have moved their funds because they prefer banking locally.
Growing Momentum: The Wall Street Journal report follows a recent New York Times article that points to ICBA’s BankLocally.org search tool that allows consumers to find a community bank in their neighborhood, showing growing momentum for banking locally.
ICBA Campaign: ICBA educates consumers on the benefits of banking locally via its ICBA National Campaign, which offers numerous assets to differentiate and elevate community banks from other financial institutions. A subgroup on the campaign is available on ICBA Community.
Previous News
The unregulated Tether stablecoin reached $100 billion in circulation this week amid rising demand for cryptocurrencies, Reuters reported.
ImageMar 6, 2024
Independent Community Bankers of America President and CEO Rebeca Romero Rainey released the following statement on today’s Consumer Financial Protection Bureau final rule on credit card fees for late payments.
ImageMar 5, 2024
The March issue of ICBA Independent Banker magazine profiles incoming ICBA Chairman Lucas White.
ImageMar 5, 2024
Related News Taxonomy
Jul 15, 2025
Jul 14, 2025
Jul 9, 2025