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Community Banking Month A Great Time To Make The Switch

Discover the advantages of banking locally

First Community Bank and Trust and The Independent Community Bankers of America® (ICBA) are kicking off ICBA Community Banking Month by encouraging small business owners and consumers to bank locally with a community bank. By doing so, customers will make a hometown investment they can be proud of because community banks put local deposits back to work right where it belongs—in the community.

"Community banks help area families achieve financial stability while also driving small business lending in their communities—all of which helps their local economy and community to thrive," said Bill Loving, ICBA chairman and president and CEO of Pendleton Community Bank in Franklin, W.Va. "Throughout the month of April, our goal is to celebrate the unique role that community banks serve in our nation's economic system while helping to educate consumers and small business owners about the benefits of banking locally with their community bank."

By driving local economies and creating local jobs, community banks are an integral part of our nation's financial system. With nearly 5,000 members, representing more than 24,000 locations nationwide and employing 300,000 Americans, ICBA members hold $1.3 trillion in assets, $1.1 trillion in deposits, and $800 billion in loans to consumers, small businesses and the agricultural community. There are almost 7,000 community banks, including commercial banks, thrifts, stock and mutual savings institutions, with more than 50,000 locations throughout the United States. Assets may range from less than $10 million to $10 billion or more. Community banks constitute 96.8 percent of all banks.

Added Greg Ohlendorf, President and CEO of First Community Bank and Trust in Beecher and Peotone, "We are relationship lenders that succeed only when our customers and communities do the same. Taking of our customers and looking out for the best interest of local communities is the community banking business model."

To follow the conversation on Community Banking Month, follow the hashtag #golocal on Twitter. To learn more about community banks, visit www.icba.org.

About ICBA
The Independent Community Bankers of America®, the nation's voice for nearly 7,000 community banks of all sizes and charter types, is dedicated exclusively to representing the interests of the community banking industry and its membership through effective advocacy, best-in-class education and high-quality products and services. For more information, visit www.icba.org.

About First Community Bank and Trust
First Community Bank and Trust is a privately owned bank. Established in 1916 First Community Bank and Trust has been serving Beecher, IL, Peotone, IL and the surrounding communities for over 95 years. Our commitment to providing the best banking products and services is matched only by our outstanding customer service. We offer traditional community banking services, including mortgage, consumer, and commercial lending, as well as state of the art electronic banking services.

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Press Contact:
Steven D. Koehn, VP
First Community Bank and Trust
(708) 946-2246