Please click "Continue" or you will be logged out.
Logging out
Port Richmond Savings - Your Community Bank in Philadelphia
x
Attention PRS Debit Cardholders: Due to system maintenance by Shazam, our Debit Card Processor, our PRS Debit Cards may experience intermittent downtime on Wednesday, July 16 from 6:00am - 8:00am. Thank you.
Why Bank Locally? Discover the Benefits of Community Banking
In a world full of banking options trying to grab your attention, understanding the options and the greater impact your decisions have is important. Here's a few reasons to consider a community bank:
Personalized Service
Community banks are relationship lenders. They know their customers personally and take the time to understand their unique financial needs. This personalized approach means you get tailored services and support. When you call our phones here at Port Richmond Savings, there is a human ready to talk to you.
Cost Savings
Local banks often have lower fees than big banks, according to bankrate.com, saving you money. They also have the same convenient banking products, such as bill pay, mobile and online banking, and mobile deposits, as do the big guys. It is a win-win!
By Banking Locally, You are Investing in Your Community
When you bank at a community bank, the money you deposit there stays in your local community. For example, when you make a deposit here at Port Richmond Savings, your deposits help fund Mr. and Mrs. Smith's mortgage down the street and Joe's small business loan needed to open his new bakery around the corner. Community banks lend over 60% of small business loans, supporting local entrepreneurs and creating jobs. Small businesses create roughly 66% of new jobs, so your banking choice directly impacts your local economy. Choosing to bank at Port Richmond Savings, directly impacts this great city of Philadelphia because we keep your money working here.
Local Decision Makers
At a local bank, the decision makers are usually local residents themselves, so they understand the neighborhood, its culture, and its needs. They too can help folks that may have a harder time getting approved for a loan elsewhere. This is unlike big banks, where the decision makers are sitting in an office in some other part of the country, using a standardized formula to decide if someone should or should not be given a loan. Community banks are able to offer a more personalized approach.
Community Connection
Community banks respect and honor their community ties. Community banks have symbiotic relationships with their communities, meaning one cannot thrive without the other. Sometimes, they may even take on their neighborhood's name...we're looking at your Port Richmond!
Read more about the benefits of banking locally at www.icba.org.