This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Inspired by the entrepreneurship of lemonade stands, Scottsdale CommunityBank created a microloan program. Photo by Brandon Sullivan De novo Scottsdale CommunityBank set out to provide microloans to small and mid-size businesses, family organizations and nonprofits—a project that was inspired by the humble lemonade stand.
This year’s winners: Left: Central Valley CommunityBank, People’s Choice Award; Middle: Kennebec Savings Bank, Exceptional CommunityBank Service Award; Right: Cross River Bank, Emerging Service Program Award. Exceptional CommunityBank Service Award. Kennebec Savings Bank.
Independent Banker’s annual listing top-performing communitybanks of 2021 alongside interviews with some of the winners. In true communitybank fashion, each has its own story to tell and its own path to success. In true communitybank fashion, each has its own story to tell and its own path to success.
Communitybanks have a choice about addressing the problem: Remain vulnerable or be vigilant. Fraud and cybercrimes continue to increase, causing challenges for communitybanks. But there’s plenty communitybanks can do to meet this challenge. Secure your telecommunications. By William Atkinson.
Among the new firms on the roster, in alphabetical order: Enrichment Federal Credit Union, First SecurityBank of Arkansas, Marion & Polk Schools Credit Union, Merchants Bank of Indiana, Northern Michigan Bank & Trust, Ohnward Bank and Trust, Postel Family Credit Union, River Cities Bank, River Town Bank, Simplicity Credit Union, SouthPoint (..)
Byline Bancorp in Chicago to buy First Security Bancorp, Mifflinburg Bancorp in Pennsylvania to buy Northumberland Bancorp. The post Bank acquisitions announced in Illinois, Pennsylvania appeared first on ABA Banking Journal.
The Peoples Bank helped the Jones family of Legacy Dairy in Hiseville, Ky., From left, Ally Jones; bank chairman, president and CEO Terry L. Last year, communitybank loan producers were faced with both record-low interest rates and a glut of deposits. The bank provides crop insurance to farmers in 11 states.
ITMs and VTMs are popular retail banking innovations among communitybanks. What’s on the horizon for retail banking? We spoke with two communitybanks that have ramped up their services to meet—and exceed—the changing expectations of customers. So how are retail banks meeting this challenge?
billion-asset CNB Bank headquartered in Clearfield, Penn., We are providing banking options in areas that have been known as ‘bank deserts,’ which is very important to us as a communitybank.” This was an extensive process undertaken to bring the final product to the community,” says Noah.
Big-brand megabanks, the Visa and MasterCard networks, and big-box merchants had signed up to become partners with Apple’s universal retail smartphone app that uses Near Field Communication and tokenization technologies. So where do ballyhooed mobile banking and payments developments among the biggest players leave communitybanks?
NYMBUS secured Series D financing (led by Insight Partners), partnered with Hurdlr for small business banking; with Atty Bank, Saint Louis Bank ’s legal communitybank; and with Roger, Citizens Bank of Edmond ’s military niche bank. Finastra partnered with Glia for digital customer service.
The number of money mule schemes affecting communitybanks is increasing, in part because of the pandemic. Here’s how two communitybanks are protecting their customers from falling victim to fraud. More and more communitybanks are having to deal with money mule schemes targeting unsuspecting customers.
Illinoisbank launches insurance premium financing sideline. In an era of exceptional competition with tight interest margins, many communitybanks are attempting to tap new lines of business. Triumph CommunityBank in Moline, Ill., billion-asset communitybank operates. According to Aaron P.
Expanding IT security safeguards to cover physical devices. With the prevalence and importance of Internet-enabled devices increasing nearly everywhere, communitybanks should remember to expand the scope of their security policies and network monitoring to cover their hardware, according to computer security experts.
In the city of Waverly, Apex Bank employees not only rescued their neighbors but helped affected families rebuild their lives and grieve for their loved ones. Communitybanks go above and beyond the call of service to their communities in various ways. Some, though, like $934 million-asset Apex Bank in Camden, Tenn.,
Pulaski Savings Bank has been serving the diverse people of Chicago’s Bridgeport neighborhood for more than 130 years. Due to its dedication to community and loyal employees, the communitybank has become a well-known pillar of the city. The communitybank and its staff have long-standing, time-tested roots.
The housing market in central Illinois has remained strong, and Goodfield State Bank has focused on residential real estate. As a $105 million-asset bank, it also services another $125 million in secondary market loans. In 2007, our bank started an investment services division. ROAA in 2015: 2.27 Assets: $105 million.
Certain mobile functions and features are essential to the success of a communitybank’s mobile banking offerings. Newfangled mobile capabilities could help communitybanks stand apart from their competitors. Funds transfer (within same bank). But which ones? Wheat and Chaff. Check balances.
Certain mobile functions and features are essential to the success of a communitybank’s mobile banking offerings. Newfangled mobile capabilities could help communitybanks stand apart from their competitors. Funds transfer (within same bank). But which ones? Wheat and Chaff. Check balances.
Over the next three years, Anderson enrolled in all three of Community Banker University’s in-depth compliance certification training programs. I also benefit from the respect I get from our board and CEO, and definitely from the bank examiners. I’m a better compliance officer because of those programs,” she says. “I
Ted Whitehurst, Providence Bank president and CEO, led the charge to open a new brick-and-mortar location of the Raleigh, N.C., communitybank during the pandemic. Providence Bank chose to open a new brick-and-mortar site during the pandemic, when many other businesses were ceasing operations or shutting down altogether.
through its subsidiary BNC National Bank, offers communitybanking and wealth management services in Arizona, Minnesota, and North Dakota from 14 locations. It also conducts mortgage banking from 12 offices in Illinois, Kansas, Nebraska, Missouri, Minnesota, Arizona, and North Dakota. BNCCORP, Inc.
through its subsidiary BNC National Bank, offers communitybanking and wealth management services in Arizona, Minnesota, and North Dakota from 16 locations. It also conducts mortgage banking from 12 offices in Illinois, Kansas, Nebraska, Missouri, Minnesota, Arizona, and North Dakota. BNCCORP, Inc. But I digress.
billion in asset company headquartered in West Virginia, providing communitybanking services primarily in the Eastern Panhandle and South Central regions of the state, and the Northern and Shenandoah Valley regions of Virginia. Please do not claim to invest in any security based on what you read here. BNCCORP, Inc.
Nasdaq: OSBC) Old Second is a single-bank holding company headquartered in Aurora, Illinois. The Bank, Old Second National Bank, lost a whopping $156 million in 2009 and 2010. is the holding company for Parke Bank, a $1.1 Unlike the three of the banks above, this is not a turnaround story. (Nasdaq: MBTF) #5.
Building trust in your institution has a lot to do with technology, from implementing strong data security practices to humanizing your online customer interactions. But for most communitybanks, building a trustworthy brand isn’t a conscious effort. billion-asset communitybank. Build your community.
Here's the Deal: How the McCoys Built America's Most Admired Bank One Acquisition at a Time 2018 John B. Bottomline Banking: Meeting the Challenges for Survival & Success 1993 Thomas K. Bye Bye Banks: The End of CommunityBanking as an Engine of Economic Growth 2010 Robert H. McCoy McCoy, John B.
We organize all of the trending information in your field so you don't have to. Join 23,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content