Community Banker Or Developer?

What’s In A Name: Community Banker or Community Developer?


Prior to joining IncredibleBank I spent more than 10 years dedicated to sustainable community development work. Be it environmental, educational or economic in focus, I was a Community Developer through and through.

It came as some surprise to me then, that most of my friends and family members were caught off guard when I told them I was leaving the non-profit sector to work for a bank. “You… a banker?” “I just can’t picture it” they would say quizzically. “Balderdash!” I’d reply with a smile. “Community Bankers are Community Developers.”

Just think about it. Bankers grow our communities by helping businesses create jobs. Without start-up capital or funding for day-to-day operations, very few businesses would ever get off the ground – not to mention have the ability to hire employees.

Bankers stabilize our communities by making homeownership possible. According to TJC Mortgage, Inc., in its article on “Why Home Ownership Matters? It Increases stability within the community”, data shows that homeowners reside four times longer in a community than renters do. Along with that stability come greater civic awareness and involvement; the type of involvement which ultimately leads to stronger communities, schools and lower crime rates.

Bankers also solve community problems and support charitable causes. They spend their evenings at non-profit board meetings collaborating with community partners on how to best meet unmet needs like hunger, while their weekends are spent passing out water at 5K fundraisers.

And so, Bankers are job creators, neighborhood stabilizers, and champions for change in our communities. All of this puts Community Bankers among the finest Community Developers I’ve ever met. In fact, IncredibleBank’s team of Bankers have made the last four years I’ve spent in banking some of the most fulfilling years of my career.

Author: Dawn Follendorf
Community Reinvestment Act Officer
IncredibleBank