Supporting Local Businesses in Our Community

June 26, 2023

We understand the important role that local businesses play in our community.

They are the backbone of our local economy, providing jobs, goods, and services to our neighbors.

Supporting these businesses is critical to ensuring that our community continues to thrive. In an effort to promote support for these vital businesses, here are five simple ways we can all support local businesses in our community:

1 Shop Local

When you shop at a local business, you are not only getting high-quality products and services, but you are also supporting your local economy. Local businesses often source their products and materials from other local businesses and reinvest their money back into the community, which means that your money is staying within the community which helps us grow our local economy. Additionally, when you shop at a local business, you are more likely to receive personalized service and attention, which can be invaluable.

2 Use Local Services

In addition to shopping at local businesses, you can also support them by using their services. This might include hiring a local contractor for home repairs, using a local accountant for your taxes, or getting your car serviced at a local mechanic. By using local services, you are helping to keep your money within our community and supporting the livelihoods of your friends and neighbors.

3 Spread the Word

Word-of-mouth is one of the most powerful marketing tools available to local businesses. If you have a positive experience at a local business, share it with your friends, family, and neighbors. Write a positive review on social media, Google, or other available review sites, and share the business’s social media pages with your network. These small actions can have a big impact on a local business’s success.

4 Volunteer

Local businesses often rely on the support of volunteers to help them with events, promotions, and other initiatives. If you have a skill or talent that could be valuable to a local business, consider volunteering your time. This could include helping with social media, event planning, or even just volunteering at a local farmers’ market.

5 Bank Local

Finally, as a community bank, we encourage our customers to bank locally. When you bank with a community bank like Newton Federal, you are supporting the local economy by keeping your money within the community. Additionally, because of our deep roots within this community, the team here at Newton Federal has a keen understanding of the local market and can; therefore, provide personalized service and attention to our customers.

Newton Federal understands that supporting local businesses is critical to the success and growth of our community.

By shopping locally, using local services, spreading the word, volunteering, and banking locally; we can all do our part to ensure that our community continues to grow and thrive.

Check out our specialized Rewards Visa program which offers rewards and discounts to cardholders who choose to shop local.