Small Business Matters

Local banks have an impact on your community. When you bank locally,

you’re reinvesting in your community, contributing to the welfare of your

neighbors and building a legacy of prosperity for future generations.

Local bankers power your region’s small businesses and influence job

growth one loan at a time. They’re rooted in your community, ensuring

they have a stake in your financial success and the strength of the

community overall.

Local banks support local startups—funding more than 60 percent of

small business and more than 80 percent of agriculture loans startups

and contribute tax dollars that help maintain local municipalities and

keep local neighborhoods viable and vibrant. Plus, a study from twelve

Federal Reserve Banks found that small businesses that apply for loans

with local banks are the most successful.

Click here to see who we support in the community.

National Small Business Week

The U.S. Small Business Administration (SBA) was created in 1953

and helps Americans start, build and grow businesses to maintain

and strengthen the overall economy of our nation. Watertown

Savings Bank is a 6-time recipient of the SBA’s prestigious Lender

of the Year Award for Northern/Central NY.

Click on the video below to see how banking local and supporting

small business helps the community you live in.