Jeff For Banks

MAY 21, 2011

But there are exceptions, such as how Wayne Bank in Honesdale, Pennsylvania implemented a leadership change flawlessly. Lastly and possibly more importantly, FIs have needed capital during the past few years as loan problems and operating losses have reduced industry capital ratios.

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Leadership Community Pennsylvania Capital 70

American Banker

DECEMBER 4, 2023

The Pennsylvania bank has agreed to sell its Exchange Underwriters subsidiary to World Insurance Associates for $30.5 million, saying that the deal will help pad its capital and liquidity.

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Pennsylvania Capital Community Bank Community 41

Jeff For Banks

JULY 5, 2022

Indeed, since the banking laws that were spawned from the Great Depression, banking has been stable, reliable, and boring. I know, my first job in banking in 1985 at Northeastern Bank of Pennsylvania was making microfiche. First Internet Bank in Indiana was founded in 1998. I'm bullish on community banking.

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Millennials Community Pennsylvania Meeting 78

American Banker

JANUARY 9, 2020

The Pennsylvania company will pay $80 million for the parent of USNY Bank.

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New York Pennsylvania Company Community Bank 44

Jeff For Banks

DECEMBER 7, 2019

I chose five years because banks that focus on year over year returns tend to cut strategic investments come budget time, which hurts their market position, earnings power, and future relevance than those that make those investments. Total return includes two components: capital appreciation and dividends. First Capital, Inc.

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Indiana Oregon South Dakota Community Bank 60

American Banker

SEPTEMBER 13, 2016

With prolonged low interest rates, Centric Bank is targeting niche groups while eyeing ways to poach customers from recent sellers in Pennsylvania.

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Pennsylvania Capital Groups Community Bank 28

Jeff For Banks

DECEMBER 28, 2023

I work for The Kafafian Group, a community bank consulting firm based in Bethlehem, Pennsylvania. Many of my readers might not know what my firm does, so I want to dedicate this post to the problems we help community bankers solve.

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Groups Capital US Community 65

Jeff For Banks

JULY 14, 2021

The CFO's role then is to make sure that capital is available at the right cost for these choices to be profitable, and that the company has processes and decision making rules for capital allocation to support that growth." At this writing, many bank balance sheets are flush with cash.

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Capital Strategy Management Company 60

American Banker

SEPTEMBER 9, 2016

Huntingdon Valley Bank in Pennsylvania has revived its plan for a mutual conversion.

Pennsylvania 28

Pennsylvania Community Bank Capital Community 28

American Banker

OCTOBER 23, 2020

The bank said the move will give it more flexibility for raising capital.

Philadelphia 31

Philadelphia Company Capital Pennsylvania 31

Fintech Labs Insights

FEBRUARY 23, 2017

In a round led by Home Credit Group, core banking technology innovator NYMBUS raised $16 million in new capital. The funds build on the $12 million the FinDEVr/Finovate alum raised in the second half of last year, bringing its total capital to $28 million. “(It’s) the oldest technology in the world.

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New York Miami Pennsylvania Florida 17

Gonzobanker

DECEMBER 19, 2024

Vendor Acquisition of the Year Three-way TIE: Veritas Capitals September acquisition of Candescent (FKA NCR Voyix Digital) for $3.5B grassroots financial system made up of regional and community banks, credit unions and supporting fintech entrepreneurs is worth fighting for. billion in 2001 to $8.2 billion today.

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Fraud Fintech Marketing Industry 78

Gonzobanker

DECEMBER 20, 2018

Importantly, both grew their banks bigger and bigger while their egos remained as humble as ever. Goes to Greg Smith, retiring CEO of Pennsylvania State Employees Credit Union. Bank Purchase of the Year. CVB Financial acquires Community Bank. Capital One quit mortgage late in 2017. Easy as a golf swing.

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