Why Local Matters
Community Banks are Better for Small Business
Small and medium businesses are the cornerstone of New Hampshire’s economy. According to the Small Business Administration, nearly 96 percent of the companies here in the Granite State are considered “small businesses” and currently employ more than half of the state’s private workforce.
Most, if not all, of the larger ‘megabanks’ are headquartered out of state or even out of the country. For this reason, the megabanks are unable to provide personal service or build trusted relationships. Primary Bank, headquartered right here in Bedford, New Hampshire, provides the localized personal attention today’s business owners are looking for and can offer individualized banking solutions that best fit their needs.
Local Decision Making
Local ownership means that those who make the decisions are right here in your backyard and available to meet with you. All decisions are made locally, based on first-hand knowledge of the New Hampshire business climate. This ensures that you won’t wait long for an answer about whether your loan request, increased credit limit or financing for your new project has been approved. Our bankers are accessible, responsive, efficient and take the time to get to know you and your company, to build a lasting, trusted partnership.
Your Dollars Stay Local
Funds that are deposited with Primary Bank stay local to help fund local businesses. Most other banks cannot make that same claim. We play a critical role in keeping our economies vibrant and growing by lending to small businesses in our region. Primary Bank was founded to help local businesses grow, and deposits enable us to do that.
Clients can expect a true partnership in Primary Bank. The personal attention we strive to provide will ensure that we have a complete understanding of your banking needs and that of your business. We are committed to creating the best banking relationships, always trying to exceed our client’s expectations, delivering expert knowledge, and providing the financial resources to help you and your business succeed.
Primary Bank team members and board members are a true part of the community. We live locally, volunteer in the community and serve on local committees and non-profit boards. Because we have a personal stake in the communities we serve, we are eager to support our hometown neighbors and businesses.