Community Banking: The Treat That Keeps on Giving
October 6, 2022
Nobody likes tricks when it comes to banking. At New Tripoli Bank, we focus on the “treats” that distinguish us as your trusted bank.
We do business the old-fashioned way – one customer at a time - partnered with today’s conveniences like mobile/online banking. It’s been our philosophy since we opened the doors 112 years ago, and it continues to help us serve the unique needs of our customers today.
Community banks’ relationship focus has made us America’s favorite lenders according to a Federal Reserve small business credit survey, with approval ratings well ahead of those megabanks and online lenders.
It’s not just proximity that wins repeat business. Unlike credit unions and the Farm Credit System, New Tripoli Bank effectively serves both individuals of modest means and agricultural borrowers without taxpayer-funded subsidies.
We put our dollars to work right here in the Lehigh Valley, helping to support local school districts, fire departments, EMS departments, and other municipal services. New Tripoli Bank also helps fortify our community through philanthropic outreach and civic service. In 2021 alone, New Tripoli Bank donated over $200,000 to local aid organizations, fire departments, and historical societies.
Our employees volunteer to help in our community. They sit on the boards of the East Penn, Greater Lehigh Valley, and Western Lehigh Chambers of Commerce. Members of our organization volunteer with food banks, churches, youth sports associations, and emergency services all around the valley. For example, volunteers from the bank helped stock shelves at the Lowhill Food Pantry and others handed out free ice cream to patrons of Pioneer Apple Fest.
The treats don’t end there. Community banks have a strong track record of helping underserved Americans by providing greater flexibility to low-income and minority borrowers. It’s the community banking way. New Tripoli Bank is committed to providing community development loans that provide financing for the construction of affordable housing, non-profit organizations serving low-moderate income markets, local and state community development projects, and community revitalization efforts.
We won’t disguise tricks as treats or leave customers holding the bag during times of need. Our fates are linked, so when good things happen for you, New Tripoli Bank and our community win as well. That’s the community banking difference, and it’s pretty sweet.