Finding the right bank is largely a matter of personal preference. However, there are a few characteristics you should look for anytime you’re considering opening a new account at a local branch. At Putnam 1^st Mercantile Bank in Cookeville, TN, their dedicated staff believes that everyone deserves the best service, whether you’re looking for a local lender to help you buy a new home or want a secure lockbox to keep your belongings safe. Their staff explains what to look for in a bank and how to find the right fit for your unique financial situation.

What Features Are Most Important?

No matter where you choose to open an account, your priority should always be the service they offer. Look for a bank where their tellers and bankers understand your needs and are willing to work with you to help you get the most out of your account. If a banker does not communicate with you or get to know your needs, they probably won’t provide the services you’re looking for.

Ask about the types of accounts they offer, the fees assessed on each account, and any minimum balance requirements before making your decision. Your individual financial situation will help determine which institution is the right fit for your needs. It’s helpful to determine how you intend to do most of your banking, whether it’s online or in person. While you want the location of your main branch to be convenient to your home or business, it should not necessarily be the deciding factor.

Local or Corporate

When deciding between a local bank or a corporate branch, it’s important to remember that local banks are invested in the community. Their goal is to help grow the local economy while providing customer service the way only locals can.

Whether you’re looking for a place to open a new checking account or want to speak to an experienced banker about mortgage loans, stop by Putnam 1^st Mercantile Bank today. Learn more about their services online, and call (931) 528-6372 for more information.