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Message: <blockquote data-quote="db-2" data-source="post: 365903" data-attributes="member: 4743">ND WALL:You mention what is very dear to me and a couple of bank's names.I feel there are a couple of items banks put on their agenda.  One being bottom line and the other what the people in their community think of them.  I have been in their meetings. It is important for them that they are perceived as a community bank there for the people of that community.  And both items are important..COMMUNITY BANKSAs the bank goes so goes the community.  They are the most important business in a community to ensure the long-term success of a community's future and its people.Larger banks in ND with a bottom line of well into the million can afford to take risk in granting small business loans and others in the communities they are in.  For the good of all. A lot of these loans are well below a million dollars and sometimes only a few thousand.  The entire amount of that loan is not at risk.  The risk is not taking a risk that the bank can well afford.  And yes, the bank needs itself to be strong financially with sound decision making along with considering the future of the community.  There is a balance,And some banks may look elsewhere for that quick return outside their community.Decisions are no longer made by the local loan officers but in the basement of their headquarter in these banks. Part of the decision making is knowing the customer and that is not found by looking at an application but knowing the person.  Probably the most important part of the decision making.If you're looking for a bank, the first thing i would look for is local ownership in that bank.  Owners that are part of the community they are in.  Owners that take part in the community they live in. Owners that you know and maybe now and then have a beer with. Banks that are truly community banks with local decision making.   db-2</blockquote>

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