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Small Business Saturday, November 29th

MainStreet Bank and ICBA: Support small business and shop local

This holiday season, MainStreet Bank and the Independent Community Bankers of America (ICBA) are urging consumers to keep their spending local by shopping with community-owned businesses this holiday season. Supporting local businesses can make a big difference: $68 out of every $100 spent locally returns to the community, versus only $14 at national chains, boosting job growth, charitable giving, and overall community well-being.

“We proudly support our community’s economic engines – small businesses – and encourage consumers to reinvest in their local communities by dining, shopping, and even banking locally, not only during the holidays but year-round. Shopping locally not only keeps your dollars close to home, but it also strengthens our community and drives a lasting positive impact. By choosing local businesses, you’re investing in the growth, resilience, and prosperity of our neighbors and friends.”

– Blair Horne, SVP, Head of Specialty Lending at MainStreet Bank

Local businesses are essential to the economy, accounting for 62 percent of employment growth over the last 25 years. Community banks, such as MainStreet Bank, continue to be the primary lenders to small businesses, facilitating their growth and expansion. They fund over 60 percent of all small business loans under $1 million and serve as the only banking presence in nearly one-third of U.S. counties.

Visit banklocally.org to find a community bank near you and make your holiday season more meaningful by supporting the local businesses that keep our communities thriving.

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