First Community Bank: A Cornerstone of Batesville, Arkansas

Introduction

Nestled in the heart of Batesville, Arkansas, First Community Bank has stood as a pillar of financial stability and community support for over a century. Since its humble beginnings in 1921, the bank has grown into a thriving institution committed to serving the needs of its customers and the surrounding community.

Guiding Principles: Excellence and Customer Focus

First Community Bank operates under a steadfast set of guiding principles:

• Excellence: Striving for the highest standards in all aspects of business
• Customer Focus: Providing exceptional and personalized financial services to every individual and business
• Community Involvement: Actively engaging in local initiatives and supporting organizations that enhance the well-being of the community

Financial Strength and Performance

As of 2023, First Community Bank proudly boasts:

• $785 million in total assets
• $560 million in total deposits
• $555 million in total loans
• Strong capital position, meeting all regulatory requirements

These figures are a testament to the bank's financial strength and its ability to withstand economic downturns.

Comprehensive Products and Services

First Community Bank offers a wide range of financial products and services tailored to meet the diverse needs of its customers:

Personal Banking:
- Checking and savings accounts
- Certificates of deposit
- Mortgage and home equity loans
- Personal loans

Business Banking:
- Business checking and savings accounts
- Commercial loans
- Equipment leasing
- Business banking solutions

Investment Services:
- Wealth management
- Trust and estate planning
- Investment advice

Digital Banking:
- Online and mobile banking
- Remote deposit capture
- Bill pay and autopay services

Community Involvement: Making a Difference

Beyond its financial services, First Community Bank is deeply committed to making a positive impact on the Batesville community. The bank actively supports numerous local organizations, including:

• The Batesville Area Chamber of Commerce
• The United Way of Independence County
• The Batesville School District
• The Historic Batesville Museum

Through financial contributions, employee volunteerism, and board leadership, First Community Bank plays a vital role in enhancing the quality of life in Batesville.

Tips and Tricks for Banking Wisely

Here are some helpful tips to maximize your banking experience with First Community Bank:

• Set financial goals: Define your short-term and long-term financial aspirations to guide your banking decisions.
• Choose the right accounts: Tailoring your accounts to your specific needs will optimize your interest earnings and savings strategies.
• Take advantage of digital banking: Utilize online and mobile banking for quick and convenient access to your finances.
• Seek financial advice: Consult with a financial advisor to develop a personalized financial plan that aligns with your goals.
• Build a strong financial foundation: Regularly save and invest to secure your financial future.

Stories that Inspire: Community and Resilience

1. Supporting Local Businesses

In the wake of the COVID-19 pandemic, First Community Bank provided critical financial assistance to local businesses through the Small Business Administration's Paycheck Protection Program. One such business, "The Java Beanery," relied on the loan to retain its employees and weather the economic storm. Today, the coffee shop is thriving once again, thanks to the support of First Community Bank.

2. Empowering the Community

"The Independence County Children's Shelter" provides a safe and nurturing environment for children in need. First Community Bank's ongoing financial support enables the shelter to offer essential services, such as counseling, education, and job training. The bank's investment in the community's youth is a testament to its commitment to shaping a brighter future.

3. Celebrating Local History

First Community Bank recently partnered with the "Historic Batesville Museum" to spearhead the renovation of the "Old First National Bank" building. This historic landmark, built in 1912, will be transformed into a vibrant community center that celebrates Batesville's rich heritage and fosters cultural exchange.

What We Learn:

These stories illustrate the transformative power of First Community Bank's community involvement. By supporting local businesses, empowering the community, and preserving historical landmarks, the bank demonstrates its deep-rooted commitment to the well-being of Batesville.

Step-by-Step: Opening an Account

Opening an account with First Community Bank is a straightforward process:

1. Visit a branch: Find your nearest branch using the bank's website or mobile app.
2. Bring identification: Present a valid government-issued photo ID.
3. Complete an application: Fill out an account application form with your personal and financial information.
4. Fund your account: Make an initial deposit to activate your account.
5. Start banking: You will receive your debit card and online banking credentials within a few days.

Call to Action

Whether you're a resident of Batesville or a business seeking financial support, First Community Bank is ready to serve you. Visit their website, call their customer service line, or stop by a branch today to experience the difference a community-focused bank can make. Together, let's unlock your financial potential and make Batesville a thriving community for generations to come.

Tables

1. Financial Performance as of 2023:

2. Personal Banking Services:

3. Business Banking Services: