Patriot Bank began providing financial services in 1994 to support the local community’s needs. The company managed most of its lending locally, which meant getting to know its customers closely. They continue to provide a wide range of services at a local level, impacting the community the sleeves. When you bank Patriot, you get tailored solutions to your unique financial needs from people who get to know who you are and what your goals are.
What is Patriot Bank?
Patriot Bank is a full-service, FDIC-member bank serving Connecticut and New York residents. They offer personal, business, and commercial services for many clients, including banking and loans. The company provides online banking tools, branches in the areas it serves, and ATMs.
What is a Community Bank?
Patriot Bank offers services to a smaller group of people as a community bank. It is still a for-profit financial institution designed to keep lending more localized to the community. They also work with both business and non-profit organizations and work in the community to provide a more personalized approach to financial needs.
How Does Patriot Bank Work?
Patriot Bank is a traditional bank with both online and in-person services. Patriot Bank reviews offer tremendous insight into the company’s service, including the range of lending solutions for personal and professional use. When a person applies for a loan or opens an account, the local team works with them to ensure they get the best financial institutions for their needs.
What Services Does Patriot Bank Provide?
When you bank Patriot, you gain access to a wide range of features. The services are available to those who live near a branch office. The company focuses on helping people grow their savings, manage their money, make wise financial decisions, and easily borrow for business or commercial needs.
Personal Banking
Patriot Bank offers personal checking accounts and savings accounts for consumers. They also offer Certificates of Deposit to help consumers build their financial investments with competitive interest rates over time.
Business Banking
For companies in New York and Connecticut looking for help getting started, the company offers business checking accounts, savings accounts, and banking services. They also provide business employee services.
Commercial Banking
The bank offers commercial banking tools for larger companies, including savings and checking accounts and employee services.
Borrowing
Patriot Bank offers personal, business, and commercial loans, overdraft lines of credit, and vehicle and home loans. They provide a range of commercial financing options, including lines of credit to businesses of all sizes.
What are the Benefits of Patriot Bank?
Patriot Bank reviews indicate a few key benefits to choosing their service over others. For example, the company provides financial resources and tools to the local community. This is a good option for those wanting to work with a smaller bank that can offer more personalized services.
How Does Patriot Bank Compare to Other Banks?
Compared to other banks, Patriot Bank is smaller in overall spread because it is very localized. However, they provide a large number of services to meet the individual needs of their local client. They are also very community-focused, providing a range of supporting resources and financial guidance to the community, which helps them to stand out.
Who is Patriot Bank Best For?
Many people could benefit from deciding to bank with Patriot. The company is a good option for small businesses that wish to get help starting up or those that need some guidance with efficiently managing their money. They also offer significant financial education and tools on their site to help businesses and individuals build confidence in their borrowing and saving.
Is Patriot Bank Right for You?
Patriot Bank reviews show that the bank is very personable, readily available, and offers many online tools. They provide fewer loan options or digital features than other banks but offer a range of resources that best meet the local community’s needs. If you want to open a personal or business checking or savings account, start planning for retirement, or build your business ideas, they are a good option.
How to Get Started with Patriot Bank
It is possible to compare options online on their website. The bank offers online application tools and features to reach its resources. You can also open an account at their branch offices. From there, you can work with the company to find the best loan terms available for your needs if you wish to borrow or set up retirement accounts.
