Independent Banker - December 2024 - 48

Gen Z financial goal #4:
It's important for us
as bankers to explain
how the credit card
will help to build
credit. " -Michele
Roark, United
Community Bank
Community banks that off er residential
loan options have a variety of products and
resources for fi rst-time homebuyers. The
big challenge is getting that information in
front of potential customers.
" I think they rely on the news, and they
get overwhelmed with hearing that they're
locked out of the market, and that is not
necessarily true, " says Auen. " It's just being
informed of what options are available.
And that's where social media and our
fi nancial literacy work [are] going to play a
big part. "
Many banks start with the educational
piece, such as building up the resources
available on their websites and off ering
48 // ICBA Independent Banker // December 2024
home-buying seminars throughout the
year. Cornerstone Bank has made a point
to change its approach to appeal to younger
customers. Instead of hosting seminars
at a branch, the community bank tries to
fi nd more engaging locations to make it
more informal and fun, such as a brewery
or restaurant.
Cornerstone Bank is also in the process
of developing short educational videos
that it plans to start posting on social
media by the end of the year. The bank
is relying on younger viewers to share
information, rather than make it seem like
" dad " or " mom " is giving them a lecture on
mortgages, adds Auen.
Illustration : CACTUS Creative Studio/Stocksy

Independent Banker - December 2024

Table of Contents for the Digital Edition of Independent Banker - December 2024

Contents
Independent Banker - December 2024 - Cover1
Independent Banker - December 2024 - Cover2
Independent Banker - December 2024 - Contents
Independent Banker - December 2024 - 2
Independent Banker - December 2024 - 3
Independent Banker - December 2024 - 4
Independent Banker - December 2024 - 5
Independent Banker - December 2024 - 6
Independent Banker - December 2024 - 7
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Independent Banker - December 2024 - FIS1
Independent Banker - December 2024 - FIS2
Independent Banker - December 2024 - FIS3
Independent Banker - December 2024 - FIS4
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