Peoples Bank Focuses on Serving Local Families and Businesses
It is rare to find a bank driven by a love for small towns as well as the big city and a desire to serve their citizens. Perhaps that’s why Peoples Bank of Alabama (PBAL) is the logical choice for local banking and lending. PBAL is dedicated to reinvesting local dollars back into communities while also helping to create hometown employment opportunities.
National magazines have already taken notice of the meaningful services Peoples Bank of Alabama provides. Recently, Forbes named PBAL the best bank in the state of Alabama on their 2023 list of “America’s Best Banks in Each State.” This comes as no surprise to PBAL clients who are used to relationship banking and a genuine focus on both individual customers and families. As a member of the Independent Community Bankers of America, or ICBA, Peoples Bank of Alabama values community first and ardently supports local needs and interests.
PBAL Community Involvement
When it comes to community, Peoples Bank of Alabama is more than just another business in town. There’s a sincerity in their local neighborhood investment and a love for the places that their employees and branches call home. PBAL, a faith-centered company, serves their communities with four core principles in mind: financial education, community outreach, civic leadership, and community lending.
Financial literacy is essential in understanding the risks and consequences of modern banking missteps. That’s why Peoples Bank of Alabama offers smart credit and homeownership seminars, provides financial education lessons to elementary, middle, and high school students upon request, and informs senior groups on topics related to elder abuse.
Community service shows a devotion to people rather than just profit and is further exemplified through community outreach. Spending time with people is often just as valuable as a monetary donation, and that’s why you’ll find Peoples Bank of Alabama employees volunteering with the United Way, helping out in local churches, or coaching the next generation’s youth sports teams. These opportunities go together with civic responsibilities, and PBAL associates continue to serve as board members and advocates for numerous charities, schools, and clubs.
A final community-focused aspect includes GCap Financing, a specialty loan department that provides small businesses with government guaranteed loan programs focused on generating jobs and driving economic development. Other notable community support programs include investing in Community Development Financial Institutions (CDFI) that fund beginning capital to companies that cannot obtain traditional bank financing. No matter the situation, PBAL always has people in mind.
A Philosophy Built Around Relationships
Banking is a relationship, one in which you should feel a level of comfort and support. It is important to find a bank that puts your individual needs at the forefront and works to understand your situation and goals on a personal level. Peoples Bank of Alabama embraces this distinctive touch to banking; here, your banker is also your friend. No two situations are the same, and community bankers cater to unique circumstances and individual needs. They can attentively assist in explaining loans and lines of credit for your next purchase, as well as the best checking, savings, or money market account based on what fits your ultimate goals.
Benefits of Community Banking
Some banks are faceless corporations, often operating out of a faraway city’s rented office space and outsourcing customer service to another country. Their customers are commodities rather than their neighbors. These traditional banking institutions can be hard to contact but always ready to charge exorbitant fees for a myriad of reasons.
On the other hand, community banks such as Peoples Bank of Alabama are focused on serving families and individuals across the state because these relationships foster local growth and success. There’s a friendly face behind the window or desk, one whose kids play tee-ball or soccer with yours. Your local banker isn’t trying to grow the community bank through unreasonable charges, but seeks to focus on superior service with a genuine interest in your financial well-being.
In the same manner, community banks are the lifeblood of many small local businesses as a result of wanting a collaborative partnership that betters the community as a whole. This is further seen in a bank’s charity service, donation drives, and sponsorships in small-town events that demonstrate people helping people. Community banks also understand their own town’s needs and can see how a small business loan will meet a demand and positively impact local citizens. When considering a bank, choose the business that also considers you. Peoples Bank of Alabama will put your banking needs first.
Peoples Bank of Alabama is Invested in You
Peoples Bank of Alabama provides a personal touch to banking that will both serve your personal goals as well as meet those of the community where you live. Dedicated to helping Alabamians in Blount, Cullman, Etowah, Gadsden, Jefferson, Madison, Marshall, Morgan and coming soon to Shelby County and the surrounding communities, PBAL continues to show why they are the state of Alabama’s best bank. For more information on how they can help you with your banking needs, visit here or stop by a local branch. Don’t be surprised if you’re greeted by a familiar face who already knows your name.