In recent years, online banking has transformed the way people manage their money. While managing your account online can be convenient for checking balances and transferring funds, it is sometimes better to visit a local bank in person. Offering both in-person and online banking in Cookeville, TN, Putnam 1^st Mercantile Bank explains a few common scenarios when people should visit their local financial institution.

If you’re having a major problem with your account, it’s often best to visit a teller in person or call the bank as soon as possible. However, there are a few less urgent situations when a local bank can provide the best service available. For example, you should speak to a banking specialist when you need to:

• Open an Account: Whether you’re opening a business checking account for your company, starting a savings account for your children, or getting a safety deposit box, you’ll need to visit your institution in person. While some online banking sites may allow you to create an account, speaking directly with a specialist is the best way to make sure you’re enrolling in the best program for your needs. Your local banking professionals can address specific concerns and offer unique benefits you may not know about.
• Get Money the Way You Want: When managing your money online, you can only move funds around—you can’t get physical cash. A local bank can get you the cash you need in denominations that work for you. Your financial institution can also help with other monetary needs, such as by producing money orders, exchanging money into foreign currencies, and processing loose change.
• Apply for a Loan: From mortgages to student loans, your bank can help finance many of the most important expenses in your life. While the internet can be a great place to research your financing options, it’s recommended you visit a local bank to apply for the funds. Your banking provider will help explain the different types of loans you may qualify for and help you get your documents in order, so you can speed up the application process and receive the best terms possible.

Whether you want to start a checking account or are searching for comprehensive loan services in Cookeville, TN, the experienced professionals at Putnam 1^st Mercantile Bank are more than happy to help. With three branches, drive-thru tellers, and Saturday operating hours, this local bank of Putnam County can make your financial management a more convenient and enjoyable experience. For questions about their services, contact a friendly specialist at (931) 528-6372 today, or visit them online.