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OCC Releases CRA Evaluations for 16 National Banks and Federal Savings Associations

Perficient

The Office of the Comptroller of the Currency (OCC) has released 16 Community Reinvestment Act (CRA) performance evaluations. Capital One, National Association. Capital One Bank (USA). The First National Bank of Middle Tennessee. Community Development Bank FSB. On-site examinations are done every other year.

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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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Rebeca Romero Rainey: Community bankers take the high road

Independent Banker

Regulators have issued a proposed rule to reduce capital levels for global systemically important bank holding companies and their federally insured subsidiaries. Meanwhile, some members of Congress are asking the Federal Reserve to eliminate a capital surcharge on the megabanks. Where I’ll be this month.

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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.

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Jack Henry Launches AR Financing For Banks

PYMNTS

“BusinessManager enables financial institutions to purchase small- and medium-sized businesses’ [SMBs’] accounts receivables at a discount, providing immediate access to working capital for the business and creating strong fee income opportunities for the institution.”. First Volunteer Bank has 24 branches through Tennessee and Georgia.

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North Carolina investment group buying Tennessee bank

American Banker

The acquirer had pursued a de novo strategy in its home state but was unable to raise enough capital.

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SmartFinancial to Buy Tennessee Branch from Atlantic Capital

American Banker

has agreed to buy a branch in Tennessee from a division of Atlantic Capital Bank in Atlanta. SmartFinancial in Knoxville, Tenn.,