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Banks and CDFIs: Partnering for community impact

Abrigo

And to thrive, those customers need economically diverse and healthy communities in which to live and work. Partnering with local organizations to promote the health of those communities is often a top priority for banks. communities where capital tends to be scarce.

Community 246
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California Won’t Open Restaurants Right Now After All

PYMNTS

California Gov. Instead, he told a news conference that the state will issue new guidance for California food and dining establishments on Thursday (May 7). Newsom told reporters on Monday (May 4) that “we have great confidence in local health officials in understanding the needs of their very specific communities.”.

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FinTech Firms Ease Resistance To California SMB Borrower Protection Rules

PYMNTS

While small business lending has become a platform for some high-profile FinServ scandals in several markets, opponents of expanding borrower protection legislation to small businesses have argued that such regulations would actually hamper financial institutions’ ability to expand credit access for the small business community.

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ICBA’s 2021 National Community Bank Service Award winners

Independent Banker

This year’s winners: Left: Central Valley Community Bank, People’s Choice Award; Middle: Kennebec Savings Bank, Exceptional Community Bank Service Award; Right: Cross River Bank, Emerging Service Program Award. Exceptional Community Bank Service Award. Instead, we give those dollars to the community.”. Asset size: $1.36

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Amid California Wildfires, FIs And Payment Services Offer Help

PYMNTS

Payment services providers and financial institutions are beginning their work in helping people recover from the California wildfires — with those disaster responses informed by experiences in previous wildfires and recent hurricanes. We’re over a month out now and [the community] is still unrecognizable.”.

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Study: California Sees More Than Half Of Unemployment Applicants A Second Time

PYMNTS

economic recovery’s unpredictability in the wake of the coronavirus pandemic is on display in California. More than half, or 57 percent of the initial unemployment claims filed in California for the week ending July 25 were from workers who reopened previous claims. Evidence of the U.S.

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New ICBA chairman Derek Williams’ commitment to community

Independent Banker

wanted to be a financier before finding his way to community banking. Photo by Harold Daniels Derek Williams, president and CEO of Century Bank & Trust in Georgia, is bringing his passion for community banking to his term as ICBA chairman for 2023/24. That love of community has defined his career.

Community 172