All Educators Credit Union offices will be closed on Monday, Feb. 17 in recognition of Presidents’ Day.
Online Banking, Mobile Banking, ASK EVA and Ctrl will still be available to assist members.
Normal business hours will resume on Tuesday, Feb. 18.

Financial (and Emotional) Benefits of Supporting Local Businesses

local business

How do you shop? Each person has particular rituals and a range of brands or product varieties of preference. Supporting local businesses is becoming a major trend that many consumers are starting to embrace. The advantages range from affordable prices to being capable to give back to the community.

Looking for reasons to start buying local products? Here are the ones we consider most important and feel very passionate about.


Local products are usually much more affordable than similar items manufactured by national or international brands.

The production expenditure is limited and there are fewer costs connected to imports, transportation and storage. Very often, local companies create products that correspond to international quality standards. What could be better than getting high quality items at a fraction of the typical price?

Investing in the Local Economy

The money you spend on locally-produced goods will stay within the local economy. These funds could be used to make businesses stronger or to create better living conditions for everyone who is a part of the community.

Local companies are often the driving force behind the creation of better living conditions. They often invest in town improvements and facilities that the entire community gets to use.
Studies show that local companies invest much more in the local economy than large chain stores and corporations. This is just something you could be thinking about the next time you have to select between a variety of similar products.

Unique Products

Many local manufacturers, especially the ones creating cosmetics, foods and natural supplements will use unique ingredients that are typical for the part of the country.
Many consumers are making the switch towards sustainable practices. Buying local is an important part of going green and enjoying unique goods. The carbon footprint of such products is quite low because of the limited transportation that would be necessary. Concerned about the environment? Buying local products is one of the best ways to make a difference.

Create New Jobs

Companies that have many customers will be capable of growing and expanding their activities. New work places will become available as this growth is taking place.

If you want to provide better employment opportunities for members of your community, you should make the switch towards purchasing local products. Independent businesses that get local endorsement will be capable of offering excellent workplace conditions and competitive remuneration packages.

There are so many reasons for the purchase of local goods. Some local products will be much more beneficial than the varieties manufactured by larger corporations. You will be doing something great for the environment and for your own community. All of these advantages add up to determine the incredible appeal of locally manufactured goods.

Leave a Reply

Your email address will not be published. Required fields are marked *