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Community Bank Outlook: Challenges and Opportunities in 2021 and Beyond

Abrigo

How can community financial institutions thrive in 2021? Community banks provide unique and important banking services for their customers, but they also face significant obstacles. Takeaway 1 Community banks play an important role in the economy and their communities, but they face significant obstacles.

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The top-performing community banks of 2021

Independent Banker

Independent Banker’s annual listing top-performing community banks of 2021 alongside interviews with some of the winners. In true community bank fashion, each has its own story to tell and its own path to success. In true community bank fashion, each has its own story to tell and its own path to success. Philadelphia.

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Crowdfunding, Deferred Loan Payments Jumpstart SMB Relief

PYMNTS

As more government entities introduce measures to aid SMBs, banks and FinTechs have launched their own programs this week to accelerate access to much-needed capital for their SMB customers. have launched new crowdfunding programs to support SMBs’ need for capital. Below is a roundup of some of the most recently announced measures.

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Lime Raises $310M For Micromobility Expansion

PYMNTS

It’s only through new and existing partnerships with local governments that we are helping communities to elevate micromobility in public policy development,” the company said. Partnerships like our transit data sharing for bike lane planning in Austin and Kansas City, or our membership on the St. Louis Scooter Safety Task Force.

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Onward Financial’s Employer-Backed Payday Loan Alternative

PYMNTS

Founded in 2016, the firm ended 2018 as one of 10 firms nationwide to be awarded $1 million grants from the Rockefeller Foundation and the Chan Zuckerberg Initiative Communities Thrive Challenge. In other words, a payday loan from the source of the paycheck. Being an entrepreneur is a very tough journey,” he noted in an interview.

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How to Measure Interest Rate Risk Effectively in Banks & Credit Unions

Abrigo

Measurement plays an important role in ensuring that interest rate risk doesn’t threaten a financial institution’s earnings and capital. Long-term IRR measurements focus on the possible impact to capital from changes in interest rates. EVE Analysis. Measure long-term interest rate risk.

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Ten Questions for Kansas City Fed President Esther George

American Banker

Kansas City Federal Reserve Bank President Esther George is best known nationally as a critic of the Fed’s monetary policy, but in a wide-ranging interview she talks about Dodd-Frank, bank capitalization and the challenges facing community banking, in addition to interest rates.