Nowadays, consumers have more choices than ever when it comes to banking. Individuals can choose from national bank franchises, hometown credit unions, and even banks which only exist through the world wide web. With so many choices, it can often be difficult to determine which bank is right for your needs.
Thankfully, if you live in Peoria, IL, this decision will be made much easier once you take the time to review the top 3 reasons why you should make Hometown Community Banks your local bank in Peoria, IL.
Rewards Credit Cards
When you pay cash for the things you buy, you will never be rewarded for your spending habits. Hometown Community Banks can help you to change this with the use of their rewards credit cards. The way these cards work is simple. The more money you spend throughout the year, the more you can expect to get back at the end of the year.
When using a rewards credit card, you will have the option of either receiving cash back or earning reward points. If you choose to receive cash back, you can expect your annual percentage of cashback to continue increasing the more money that you spend. If you choose to receive reward points, you can then use these points to purchase a variety of rewards, such as airline tickets, hotel rooms, or even a new television.
The best part of using these cards is that they not only reward you for the things you buy anyway, but they also offer a very competitive annual rate.
Pot O’ Gold Checking
The Pot O’ Gold checking accounts offered by Hometown Community Banks are a great way to grow your money. This is because these accounts offer a super-charged interest rate in return for meeting just one very simple requirement. If you are thinking that this requirement is a minimum balance, you would be wrong.
Unlike many accounts which offer high interest rates, there is never a minimum balance requirement associated with your Pot O’ Gold checking account. Instead, you are simply required to use your debit card at least 15 times a month in order to qualify for a higher interest rate and other benefits, such as having ATM fees refunded.
Personalized Lending
Many of life’s most expensive purchases will require access to additional funding. Hometown Community Banks strive to get you the funding you need through a variety of different personalized lending products. These loan products include: 
Home mortgage loans: These loans are designed to help you buy the home of your dreams. If you are not quite ready to buy, you can prequalify for this type of loan in order to make the home buying process easier once you find a home. You may also be able to take advantage of a no money down option if you are planning to buy a home in a rural community.
Home Equity Loans: If you own your home, a home equity loan can be a great way to get the cash you need for a large home improvement project or to help you overcome a financial crisis. These loans work by letting you borrow against the equity you have built up in your home. The proceeds from these loans can be used to cover any cost you see fit.
Vehicle Loans: While many car dealerships will offer financing on-the-spot, this in-house financing will rarely be able to compete with the low annual rates that you can secure by getting your auto loan financing directly through your hometown bank.
Personal Loans: If you are in need of a little extra cash to accomplish a personal goal of yours, the flexible repayment options and low interest rates associated with a personal loan at Hometown Community Banks can help to make your dreams come true.
Student Loans: Financial aid programs rarely cover the true cost of attending college. The student loans offered by your hometown bank can help to cover the additional costs that you incur. Best of all, you will never need to worry about repaying this loan until after you have completed school.
A Final Thought
Whether you are looking for a way to keep your savings safe, grow your money, or gain access to the funds you need for all of life’s most expensive purchases, you can be sure that Hometown Community Banks offer the services that you need. To learn more about each of these services, simply stop into your local branch.
