Regional Bank Near Me
Although the large international banks have a lot of capital and offer a range of financial services, many people are moving towards regional banks because they bring a lot of benefits for checking and savings.
Small local banks might be able to offer reasonable customer service and convenience because they are nearby, but they generally cannot match the services that larger institutions offer. They simply don't have the capital and, in most cases, the number of regional bank branches are less.
A regional bank, on the other hand, is a good middle ground between the two. They operate across a region in a number of locations, and they generally offer a wider range of services. Plus, you still get the improved level of customer service that you would with a small community bank. They are still heavily involved in supporting local communities, and you should get somewhat of a personalized service, however they tend to be slow in process and may not offer the best of products such as a mortgage as say a mortgage broker would, as mortgage brokers have various lenders which compete for brokers attention and loans.
Due to their flexibility, regional banks can offer competitive saving account rates while generally offering investment instruments. If you are looking for a home loan, you may not want to consider a regional bank as it might be best to go with a mortgage broker, however for checking, savings and investment products they are an excellent middle ground between community banks and large multinationals. At MortgageQuote.com, we have access to a range of the top lenders. We work with our customers to find the best possible deal and help them get pre-approved, so they are ready to get moving as soon as their current property is sold.
Best Regional Banks