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People’s United Bank, which operates across Connecticut, southeastern New York state, Massachusetts, Vermont, Maine and New Hampshire, recently demonstrated the growing interest of communitybanks to collaborate with FinTechs to expand their product offering — just as larger national and multinational financial institutions (FIs) do.
Across Vermont and New Hampshire , 1 in 11 and 1 in 14 people currently face food insecurity, respectively, with numbers expected to climb even farther in the coming months. In other words, our region’s high cost of living ( about 16% higher than the national average ) reduces the impact of these benefits for qualifying families.
Members of Ledyard NationalBank lend a hand to Willing Hands, a nonprofit dedicated to feeding those in need. For its 30th anniversary, Ledyard NationalBank decided to ask 10 local nonprofits to enter a video about their work into a contest for the opportunity to win $10,000 and expand their visibility. By Tiffany Lukk.
Hats off to Thomas Shara at Lakeland and Tony Labozzetta of Provident for architecting the new $25 billion super-communitybank in New Jersey. Goes to New England Federal Credit Union and Vermont State Credit Union. Core System Deal of the Year: Bank. FIS wins Valley National with IBS platform. Goes to CSI.
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