First Community Bank (FCB), is a commercial bank in Kenya, the largest economy in the East African Community. It is licensed by the Central Bank of Kenya, the central bank and the national banking regulator.
Our purpose is to provide excellent relationship-based customer service, and we are genuinely interested in what’s important to you and your success. You are much more than a number, so our employees focus—really focus—on finding you the right financial products.
- Change and Innovation
What is the role of a community bank?
What Sets Community Banks Apart. Local Focus: Unlike larger banks that may take deposits in one state and lend in others, community banks channel their loans to the neighbourhoods where their depositors live and work, which helps local businesses and communities thrive.
What does FCB Bank stand for?
FCB. First Commercial Bank. Business, Credit, Bank. Business, Credit, Bank.
What makes a community bank different?
Unlike banks that may take deposits in one state and lend in others, community banks channel most of their loans to the neighborhoods where their depositors live and work, helping to keep local communities vibrant and growing. Community bankers are typically deeply involved in local community affairs.
How does a community bank make money?
Community banks make money their money from loans.
They earn the difference between the average interest rate they pay on deposits and the rate they charge to lend that money. … Big banks’ “non-interest income” amounts to fees associated with accounts, overdrafts, loans, brokerage and securitization of loans.
Does United Community Bank have free checking?
All Signature Banking accounts come with free exclusive Signature Banking checks. … Fees may apply for certain optional services through Personal Online and Mobile Banking.