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95% of millennial-owned SMBs bank online, survey shows

Millennial business owners prefer community banks with modern tech

FinAi News, AI-assistedbyFinAi News, AI-assisted
March 25, 2025
in Banking
Reading Time: 2 mins read
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Community banks could have an advantage among millennial small business owners if they can compete with the tech initiatives of larger institutions. Fifty-five percent of millennial-led SMBs prefer banking with community financial institutions — provided they offer products and services comparable to larger banks, according to a report released today by digital banking provider Apiture. […]

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