The Ohio retail banking industry continues to flourish, with a number of options that are headquartered within the state itself. Ohio community banks are one option for local residents, as well as nationally-based banks, such as Chase Bank and Dollar Bank. A number of central Ohio banks include Huntington Bank and FirstMerit bank, headquartered in Columbus and Cincinnati, respectively, in addition to Key Bank and National City Bank, headquartered in Cleveland.
Retail banks in Ohio offer a wide variety of products and services, including checking and savings, investments, and loans. Ohio community banks such as FirstMerit and Key Bank have customized their services for the needs of Ohio residents, and provide retail locations for all retail banking services. Also, keep in mind that:
1. Retail banking in Ohio enables businesses to make successful decisions that will impact their future potential and growth.
2. Ohio retail banks offer businesses a variety of options to sustain successful operations.
3. Consumers and businesses in Ohio work cooperatively to develop effective banking solutions in all areas of business operations
Action Steps
The best contacts and resources to help you get it done
Select an Ohio retail bank with a variety of services
Banks that offer online banking services, such as accounts payable and receivable functions, will attract businesses
I recommend: AmTrust Bank online banking offers many different business solutions for small businesses and large corporations, customized to fit their needs
Rack in the rewards with retail banks in Ohio
Rewards programs have become more popular in recent years as a way for businesses to earn rewards on the transactions that are made with their checking and savings accounts. Ohio retail banks have caught on to the trend, and many offer similar programs. Monetary credits may also be earned, allowing businesses to purchase the items that they need for routine business operations
I recommend: Central Ohio banks such as
Citizens Bank offer rewards programs that allows consumers to earn points for each dollar that they spend. These points may be used for prizes or other rewards
Stick with Ohio retail banking focused on special service
Many small businesses seek Ohio retail banking services that will improve their profitability and convenience. Many Ohio consumer banks offer these options to businesses that qualify, such as online banking and bill pay, small business loans, and receivables services. Other offerings include equity lines of credit, overdraft protection, and money market savings
I recommend: Huntington Bancshares Incorporated is an Ohio retail bank with strong small business offerings. This bank, an established success in the state, offers small businesses the banking solutions that they need to thrive and grow.
Tips & Tactics
Helpful advice for making the most of this Guide
- Look for Ohio consumer banking options that offer the most competitive interest rates and loans, since businesses will require capital to begin, improve, or sustain operations.
The official source of Retail Banks in Ohio is the Retail Banks in Ohio page at Business.com