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Selecting the Right Bank for You

We understand that choosing a bank can be an overwhelming and frustrating process, but your decision on whom to work with can also have a big impact on you. Whether you find yourself having too many choices or not enough, it's important make an effort to find the bank that makes the most sense for you. We believe that you will conclude that Merchants and Manufacturers Bank is the right choice.

Not Every Bank Is the Same

It's easy to think that all banks are the same - that the color of money is green everywhere.  Although banks are heavily regulated, they make many individual decisions about how they operate, how they treat their customers and their culture. The truth is that each bank is very different than the next. It's important to know this before you choose a bank so you know what you're dealing with. Therefore it is important to find a bank with services and culture that match your needs, not the other way around.

Knowing Your Requirements is Key

Before you can begin to evaluate the services offered by each bank, you must have a clear understanding of what your requirements are. Having a concrete idea of your needs will make narrowing down banks a much easier process.

What requirements for services do you need?

  • Checking and Savings Accounts
  • Certificates of Deposit
  • International Requirements
  • Sweep Accounts (Automatically manages funds between primary cash account and a secondary investment account)
  • Commercial Credit Cards
  • Wire Transfers
  • Availability of SBA Loans

Here at Merchants and Manufacturers Bank, we are constantly innovating to offer our customers the services they need when they need them.

Even Small Fees Can Add Up

When comparing banks, it is important to compare apples to apples. What are the hidden costs?  The fees banks charge for their services can make a big difference on their compatibility with you. While small fees may not seem significant, over time they can really add up.  Once you've narrowed down your choices based on services, make an appointment with each bank to discuss costs. An account officer will be able to answer all your questions.

People and Culture Make a Difference

Ever feel that you, as a customer, weren't important to the bank? This is all too common especially in larger banks. How the bank treats you and the level of customer service are intangible aspects of each bank that can often be overlooked or underrated. If you like the people at the bank with whom you work, you're more likely to have a successful working relationship. Take note of how you feel while working with each bank. If you feel welcome and comfortable,then you have found the right place.

Business Loans

Many small banks have continued to loan money during the economic crisis. These banks are usually less formalized and more likely to consider personal factors in their decision to loan your business money. Merchants and Manufacturers Bank will establishing a good relationship with you before you're in need of a business loan.  We'll get to know you and your business so we can better serve you.

Make the move to M&M Bank