WHERE YOU BANK MATTERS I
n times like these, where you bank matters. Amid persistent inflation, rising interest rates, and continued volatility in national and global markets, it’s crucial to partner with a bank that prioritizes your financial interest. It’s important to have a relationship with bankers and a bank you can trust. We are committed to continuing to earn your trust through transparency and by demonstrating our reliability. Whenever bank failures make the national news, there are naturally questions and discussion at the local level about what happened and why.
CEO
We voluntarily make our balance sheet easy to find on page 4 of every issue of our quarterly newsletter. We’re proud of the numbers that show our organization’s strength and stability, and we want you to feel secure in the bank’s position. How does banking with a community bank matter to your community? Interest rates are competitive, so why should you choose one bank over another? When you place deposits with a community bank, it allows us to reinvest in projects in your community. It opens doors for local business start-up and expansion loans. It facilitates families buying and renovating homes, thus improving neighborhoods. Deposits that go to banks outside your community and state don’t provide those benefits.
It is worth remembering that not all banks are equal. They do not have the same purpose or the same values. As a privately held community bank that has been family-owned and operated since 1916, we want to provide a window It is worth remembering You may remember that public into some of our best practices. that not all banks are equal. ser v ice a n nou ncement t h at After all, they have carried Adams television stations used to broadcast They do not have the same Bank & Trust and our customers at curfew time, “It’s 10 o’clock. Do to success through more than 100 purpose or the same values. you know where your children are?” years of the ebb and flow of the It’s a question worth asking about economy. So, what are the pillars your bank, too. Do you know where your money is? of our strength and stability? With a community bank, your money is out at work, We have a very diversified customer and asset base. increasing opportunities and making your town a We’re spread across many communities, which reduces better place to live. the risk of a challenge in any one particular area. It We want you to know that you have the expertise of helps us remain strong and safe through a variety of your local bankers, as well as the expertise of the Adams economic conditions, which is very important in today’s family, standing behind you when you bank with us. As environment. always, if you have questions or concerns, please contact We manage interest rate risk so that future earnings your local banker and allow us to address those directly. are not jeopardized. Having a strong bank helps us Thank you for your continued confidence and trust. have strong communities. It allows us to be there for our customers during times of economic uncertainty. We are capitalized well above regulatory thresholds. We are strongly capitalized, which provides cushion or extra protection to help keep your deposits safe.