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Growing a mortgage portfolio: Encourage borrowers to bank local

Abrigo

With mortgage rates down in the US , many homebuyers are looking locally to their community banks to finance their new, potentially life-changing purchase. In the spirit of the go local movement, new data from Sageworks Bank Information peeked in on 10 cities to see which community banks were making an impact on local mortgage lending.

Cleveland 150
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Accounting About-Face

Independent Banker

Senate Banking Committee. She explained why lawmakers should exempt community banks from Basel III capital rule. Community bankers score big changes in final credit-loss standard. Connecticut headquarters. Speaking Out—ICBA Chairman Rebeca Romero Rainey (far left) testified in June before the U.S.

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A bridge to affordable housing

Independent Banker

Daniel Galindo, pictured, and Doug Schaeffer of Woodforest National Bank helped involve the community bank in providing funding for and access to affordable housing. It’s being responsive to the needs and taking the tools we built—and those we’ll continue to build—to help underinvested communities lift up.”.

Austin 91
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Accounting Liabilities

Independent Banker

A New Accounting Twist—ICBA’s accounting expert James Kendrick tells community banks to closely watch for the Financial Accounting Standards Board’s pending new standards for recognizing credit losses, much earlier than currently required. Under the FASB plan, banks would instead take a hit the moment they make a loan.

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Why Banks Merge: Listen to the Sellers

Jeff For Banks

." - Gregory Schreacke, President of First Financial Service Corporation in Elizabethtown, KY on his bank''s sale to Community Bank Shares of Indiana, Inc. of Ocala, Florida on the bank''s sale to Heritage Financial Group, Inc. ." - Loralee Hutchinson, President of Alarion Financial Services, Inc. Our combination.