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Each year, National Small Business Week (NSBW) celebrates the small businesses that play a huge role in our economy. As the oldest community bank in Onondaga County, Solvay Bank has always been proud to support the small businesses within our backyard. National Small Business Week is a time to honor those who contribute to our community and reflect on how we, as a local bank, can continue supporting them.

According to the U.S. Small Business Administration (SBA), small businesses make up 99% of all companies in the U.S. At Solvay Bank, we recognize the significant role small businesses play in Onondaga County, the Mohawk Valley and surrounding areas. Whether you run a local bakery, a family-owned shop or a service-based business, we are here to help. As a community bank, our mission is to provide personalized banking solutions that support your growth and help you navigate the financial challenges of running a small business.

We are deeply rooted in the community and take the time to understand your business goals and challenges. When you open a business checking account, we encourage you to meet with one of our business bankers to ensure you're getting the most out of your relationship with us. We provide more than just basic banking services—we’re here to help you plan for long-term success.

At Solvay Bank, we don’t just provide loans or checking accounts—we’re invested in your business’s success. We offer business lending solutions, cash flow management tools, wealth management services for retirement planning and insurance options to help safeguard your business’s future.

Tips for Growing Your Small Business

As we celebrate National Small Business Week, here are a few tips to help your business thrive:

1. Talk to Your Banker Early and Often: Transparency is key. The more you share about your business, the better we can assist. Regular check-ins also help uncover new resources to support your growth.
2. Choose a Bank that Supports Small Businesses: Community banks, like Solvay Bank, focus on supporting local businesses. We understand the unique challenges faced by small businesses and are committed to providing personalized service. Unlike large national banks, we offer solutions that are tailored to your needs.
3. Get Your Personal Finances in Order: If you’re a startup looking for financing, your personal finances will play a big role in the approval process. Take time to clean up any loose ends and improve your financial profile.
4. Build a Full Banking Relationship: Your bank is more than just a place to deposit checks. At Solvay Bank, we encourage you to take full advantage of our services—whether it’s fraud protection, electronic banking or long-term retirement planning for you and your employees. We’re here to support every part of your business.

Solvay Bank is committed to recognizing and supporting small businesses in our area. Whether you’re just starting out or looking for ways to grow, we’re here to help.

To learn more about how Solvay Bank can help your business, reach out to one of our Business Bankers today at 315-484-2228 (Onondaga County) or 315-219-7482 (Mohawk Valley). Let’s work together to turn your business goals into reality!