Moving to a new town or city is a significant life event that often requires a number of changes. One of the adjustments you may need to consider is switching banks.
If you’re settling into the charming city of Delaware, Ohio, known for its vibrant downtown and close-knit community, changing to a local bank may be beneficial. Learn why in this blog curated by the Fidelity Federal team.
Top Benefits of Using a Local Bank
Convenience and Accessibility
When moving to a new city, take into account the proximity and convenience of your bank’s branches and ATMs. Having a local branch nearby can be beneficial for several reasons, including in-person customer service, ease of making cash deposits or withdrawals, and no ATM fees.
Find Fidelity Federal’s branch and ATM locations in Delaware, OH >>
Local Market Knowledge
There is a significant advantage to banking with a local institution with a profound understanding of the area’s real estate and business environment. A bank like Fidelity Federal provides not only general banking services but also insights into local market trends, which can be invaluable if you’re looking to buy a home or start a business in Delaware, Ohio.
Local lenders often have more flexibility and a willingness to work with you based on your individual circumstances. They may be more invested in the local economy’s growth and success because they live and work there, too.
Check out this guide for new residents in Delaware, Ohio >>
Community Involvement
Banks that are actively involved in the community can be a better match for individuals who value local engagement and support. Fidelity Federal opened its doors to the Delaware community in 1887 and is the oldest continuously operating business on Sandusky Street. The banking team gives back to local charities every month through their FidFed Cares program.
Local banks like Fidelity Federal also frequently sponsor local events, invest in community projects, and offer financial literacy programs. You’re directly contributing to the local economy by choosing a community bank nearby.
Personalized Service
Switching to a bank in Delaware will often mean you’ll receive more personalized service. Smaller community banks like Fidelity Federal tend to focus on building relationships with their customers. Tellers and bank managers are more likely to get to know you, greet you by name, and provide tailored advice and services that meet your specific needs.
Get house-hunting tips from a local loan officer before you buy >>
Online and Mobile Banking Capabilities
Today’s fast-paced world demands that even local banks offer robust online and mobile banking services. As you consider changing banks, look for institutions that provide the technological capabilities you need to manage your finances on the go. Most banks offer these services, but always check to ensure their digital offerings meet your expectations.
Special Offers and Incentives
Some banks offer incentives for new customers or new accounts, so keep an eye out for promotions such as bonus cash, waived fees, or higher interest rates on savings accounts. As you explore banking options in Delaware, Ohio, inquire about any offers that might be available to new residents in the area.
Find a Bank That Meets Your Needs
Consider how your banking needs might shift as you settle into your new home. Whether for convenience, local expertise, community involvement, personalized service, digital banking needs or simply to take advantage of a new customer offer, switching banks after a move can help provide stability and a reliable resource to meet your financial needs.
Research, visit, and engage with different banks in the area to find the one that best aligns with your personal values and can support your financial goals.
Discover Fidelity Federal in Delaware, Ohio
We build our banking services for you to ensure your expectations are not only met but exceeded. We’ve been part of the Delaware community for over 135 years and are here to serve you.
