Small Business ยป Business Resources

Why Does Mutuality Matter in Banking?

Business owners have a variety of options available for their business banking needs. When it comes to choosing the best bank for your business, why is it important to consider a mutual bank?

Dollar Bank, headquartered in Pittsburgh, PA is the largest independent mutual bank in the nation.* As a mutual institution, Dollar Bank has no stock to sell. Therefore, we have no shareholders to answer to and are not fixated on stock price. We are able to focus solely on Dollar Bank customers – both individuals and business customers – and the products that meet their needs, the services that offer them convenience and a banking experience that lets them know they are what is most important to this institution.

Since our founding by Charles Colton in 1855, Dollar Bank has been a bank for everyone. Customers could open an account with as little as $1. We have maintained a position of safety and soundness that allows us to continually invest in and contribute to the success of our local communities. Dollar Bank has grown large enough to be an instrument of change for the businesses we serve, without abandoning the personal service they have come to expect of a mutual bank. We recognize that lending to area businesses spurs job growth and strengthens the region’s economic viability. Businesses both large and small have been the beneficiaries of our sound and smart approach to business lending.

Key to the success of business banking at Dollar Bank is our people. Business owners benefit from the services provided by our experienced bankers, capable of managing their accounts, developing an understanding of their business and focusing solely on their needs. This ongoing relationship allows our bankers to address current financial needs and assist in anticipating future opportunities.

Call us today to learn more about how a mutual bank can make a difference for your business. At Dollar Bank, you’ll receive one-on-one attention tailored to your business banking needs.

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Need Help?

Contact Us Today:
757-222-5070
Dollar Bank representatives are available Monday - Friday from 8:30 AM to 5:00 PM.

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