YOUR BUSINESS AUTHORITY
Springfield, MO
Table Rock Community Bank officials describe their approach to banking as a commitment to “building relationships, banking the communities we serve and investing in our team.” Over the past 18 months, the bank reports $169 million in asset growth, which it connects to expanded lending, new jobs and investment in local operations.
The bank says it provided $150 million in commercial, small-business and consumer loans over that period to people and businesses in the Springfield region and surrounding communities. The lending supported entrepreneurs and family-owned businesses seeking capital to expand, renovate or launch. The bank reports that some clients have since hired employees and made capital investments.
The growth has also meant new jobs at the bank itself. Table Rock Community Bank says its own team grew by approximately 51%, adding about 30 positions in the Springfield market.
It also reports nearly $5.7 million in investment in regional facilities and operations over 18 months. For Table Rock Community Bank, its locally owned structure is a way to keep resources close to the communities it serves.
Table Rock Community Bank supports area nonprofits and community programs. Working with local partners through a Federal Home Loan Bank of Des Moines matching-grant initiative, the bank helped secure 20 successful applications that recently brought $400,000 in funding to the area. These resources help organizations working on youth programs, community resources and family needs.
Service also happens in everyday interactions, bank officials say. Team members regularly help a “cherished” older customer balance his checkbook and make sure he can get home safely, for example. It’s an opportunity to support customer confidence and independence.
Table Rock Community Bank offers employees nearly 1,500 paid “serve” hours each year for volunteering and community service.
Other initiatives include a Teacher of the Month and Educator Recognition program spanning six school districts, financial literacy programs in schools and community organizations, and partnerships with regional chambers and economic development groups. The bank also reports branches across three counties, serving small-town and rural communities along with Springfield.
Together, the lending, employment, grant support and community programs present the bank’s case for impact: using its growth and local relationships to support businesses, nonprofits and residents across the region.
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