American Banker

JULY 14, 2023

The New Jersey institution has hired Jeanne Scungio, a veteran banker who ran First Republic Bank's New York operations, to oversee its expansion into the Big Apple.

New York City 36

New York City New York New Jersey Apple 36

Jeff For Banks

NOVEMBER 9, 2018

As part of my comments, I presented the following table of New Jersey Deposit Market Share. Wells maintained its market share from June 2017 to June 2018 in both New Jersey and nationwide. Notice the bigger banks all held serve and maintained leading market share. I also included the USA deposit market share.

New Jersey 60

New Jersey Compliance Community Meeting 60

Jeff For Banks

JANUARY 27, 2011

I was at a strategic planning retreat a few weeks back where a colleague lauded the concept of bankers getting back to plain vanilla community banking. A similar argument could be made for the former Commerce Bank of Cherry Hill, New Jersey. I hear and read this often.

Community Bank 68

Community Bank Community Apple National 68

Independent Banker

NOVEMBER 24, 2015

With wire fraud on the rise, community banks have to step up precautions to protect themselves and their customers. They have the money and, in theory, they are vulnerable,” adds Terri Sands, director of payments and fraud prevention for State Bank & Trust in Atlanta, a $3.3 billion-asset community bank.

Community Bank 70

Community Bank Fraud Atlanta Community 70

Jeff For Banks

MARCH 31, 2018

So worries New Jersey Banker's Association CEO John McWeeney since state-owned bank advocate Phil Murphy was elected governor. The state's municipal deposits approximate $20 billion , $13 billion of which are in community banks. I got news for you John. When they bought Strong Asset Management.

FDIC 60

FDIC New Jersey Pennsylvania Community Bank 60

Independent Banker

FEBRUARY 24, 2016

Mark Vis, a real estate and commercial loan officer with First State Bank Southwest, a $250 million-asset community bank in Worthington, Minn., This ups the ante for banks courting certain business owners, particularly those managing startup companies. Look for more community banks to do the same in 2016.

Trends 79

Trends Community Bank Lending Community 79

Jeff For Banks

MARCH 18, 2017

I think correspondent bankers are finding their way and morphing into services that banks need. Their original purpose, as I understand it, was to use up operating, liquidity, and credit capacity in larger financial institutions to benefit nearby community banks. Call the correspondent bank. Need access to cash?

Kansas 79

Kansas Community Bank Community New Jersey 79

Jeff For Banks

JUNE 2, 2023

//Jeff Marsico remarks to the 2023 New Jersey Bankers' Association Annual Convention: May 19, 2023// Four decades ago, the prolonged savings-and-loan crisis devastated the industry. Between 1980 and 1995, more than 2,900 banks and thrifts with collective assets of more than $2.2 To you, manage your interest rate risk.

FDIC 78

FDIC Community Bank Regulation Lending 78

American Banker

AUGUST 3, 2016

Unity Bancorp is raking in money from holding and selling 7(a) loans, but don't expect the bank to extend its operations beyond New Jersey and New York. Management learned that lesson the hard way during the financial crisis.

New Jersey 28

New Jersey National New York Operations 28

Gonzobanker

DECEMBER 20, 2019

billion of assets under management. Olan Jones, CEO & President, Eastman Credit Union – Jones completes a great 20-year term at Eastman, increasing assets from $631 million to $5 billion and creating more than 650 new full-time jobs. Bank Acquisition of the Year. picks up Bancorp of New Jersey, Inc.

Idaho 148

Idaho Conference Data Marketing 148

Jeff For Banks

DECEMBER 12, 2017

Today, NPL/total loans is a manageable 0.94%, and the Bank ROA/ROE year-to-date is 1.22% and 11.61% respectively. is the holding company for Parke Bank, a $1.1 billion in assets commercially focused community bank based in southern New Jersey, serving Philadelphia and its suburbs. Parke Bancorp, Inc.

Minnesota 60

Minnesota West Virginia Virginia Iowa 60

Independent Banker

DECEMBER 29, 2015

is becoming a more sales-conscious community bank. The bank is undertaking this steady transformation, a blend of operational and cultural change, to capitalize on its comprehensive financial product lines. He shares this message with every new associate he trains. By Cheryl Winokur Munk. Listen more than you talk.

Retail 70

Retail New Jersey Training Compliance 70

Gonzobanker

DECEMBER 19, 2022

Hats off to Thomas Shara at Lakeland and Tony Labozzetta of Provident for architecting the new $25 billion super-community bank in New Jersey. Let’s see how this new scale allows for big investments in future innovation. Goes to New England Federal Credit Union and Vermont State Credit Union.

Community 216

Community Fintech Industry Innovation 216

William Mills

SEPTEMBER 12, 2017

Check back for new updates throughout the day. Digital banking solutions for community banks and credit unions. A turnkey solution incorporating CRM, invoicing and payments into a simple solution for the business delivered through the bank’s digital banking solution. New York, NY 10007.

Samsung 69

Samsung Mobile User Experience Google 69

PYMNTS

DECEMBER 7, 2018

Cross River Bank. Though not venture capital, the private equity raised for New Jersey-chartered community bank Cross River Bank is noteworthy not only for its impressive price tag of $100 million, but for its reflection of investors’ support for financial institutions that collaborate with the tech startup scene.

Analytics 176

Analytics Data Capital Software 176

Gonzobanker

DECEMBER 20, 2018

Despite some controversy about the deal bidding structure, the point is that MB got close to $5 billion for the franchise and locked in an exchange rate before the bank equity market softened. Bank Purchase of the Year. CVB Financial acquires Community Bank. Banks Leveraging Fintechs Award. Easy as a golf swing.

Fintech 100

Fintech Conference Innovation Community 100