IWS-211 : The IWS National Directory of Community Banks

Description

THE NATIONAL DIRECTORY OF COMMUNITY BANKS lists all 4,303 Federally chartered and State-chartered Community Banks tracked by the Federal Deposit Insurance Corporation (FDIC) at the time of publication.

Banks are listed alphabetically by name. Each entry gives:

•   Community Bank name
•   Street Address, City, State, and Zip Code
•   Website
•   Charter status: Federal or State

ABOUT COMMUNITY BANKS

More than 80 percent of the institutions supervised by the Office of the Comptroller of the Currency (OCC) are community banks and federal savings associations. Hundreds of additional community banks are chartered by the government of the state in which they are located.

In general, community banks can be defined as those owned by organizations with less than $10 billion in assets. Regional and community banking organizations constitute the largest number of banking organizations supervised by the Federal Reserve System.

The number of Community Banks supervised by the FDIC, according to the FDIC BankFind database, at the time of publication, is 4,303.

Community banks serve businesses and consumers throughout the country, in both rural and urban areas, and are leading providers of credit to small businesses.

These institutions play a crucial role in providing consumers and small businesses with essential financial services and a source of credit that is critical to economic growth and job expansion.

Though community banks tend to be relatively small, their commercial real estate (CRE), small business, and agriculture lending far exceed their relative size within the overall banking industry. While community banks account for just 15 percent of the banking industry’s total loans, they hold 30 percent of all CRE loans, 36 percent of small business loans, and 70 percent of agricultural loans.

In addition, community banks are successful in areas with growing economies and populations while they continue to meet the credit needs of less economically vibrant areas, such as rural counties and areas with declining populations.