WarrenBoynton Blog

Community banking week in Illinois April 5-11

4/2/2020

Community banks play an important role in building stronger communities. Decisions at Warren-Boynton State Bank are made locally with the best interests of our communities at heart.

Illinois Community Banking Week - April 5 to April 11 - highlights the longstanding tradition of local hometown community banks, like our own. The Community Bankers Association of Illinois launched the initiative 30 years ago to coincide with National Community Banking Month.

Community banks play a critical role in keeping their local economies vibrant and growing by supporting individuals and businesses in the area. Community banks provide almost half of small business loans, more than 40% of farm loans, and over one-third of commercial real estate loans across the U.S. Furthermore, community banks help keep money flowing locally, lending and funding in the communities where their customers live and work.

Perhaps the most important role community banks play is to promote rural development by providing banking and financial services, enhance rural productive activities, and improve the economic status of small-scale producers in rural and urban areas.

For more than 140 years Warren-Boynton State Bank has taken pride in serving its community. Today we have branches in New Berlin, Springfield, Modesto, and Palmyra. We offer our business customers valuable products and services including cash management, commercial loans, operating lines of credit, and business credit cards.

If you have any questions, please contact us.








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