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NJ-based Provident Bank upgrades digital channels amid pandemic 

Bank Innovation

For one community bank in New Jersey, its digital overhaul came at a crucial time, and Provident Bank has been pushing its digital capabilities to customers during the novel coronavirus pandemic since revamping its online banking earlier this month.

NJ 259
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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.

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Who were ICBA’s Top Lenders of 2022?

Independent Banker

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, community bank 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.

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Too Much on the Dollar Menu?

Jeff For Banks

I recently spoke at a NJ Bankers Association event about the things I learned this recession (see blog post regarding subject). My company does line of business and product profitability reporting for community banks. Since writing that missive, I realized I left one out.

NJ 60
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Why Small Banks Are Rushing to Issue Subordinated Debt

American Banker

Community banks are stepping up efforts to raise cheap capital to fuel loan growth, make acquisitions and redeem pricier sources of funds.

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N.J. Bank Leans on Its Co-Founders 20 Years Later

American Banker

Shore Community Bank in Toms River, N.J., has called on some old friends to lead the board of directors.

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A Financial Institution Investment Banker Had Questions. Here Are My Answers.

Jeff For Banks

Not many investors complained about the old Commerce Bank (NJ) efficiency ratio of 70+% when they were delivering 20+% profit growth. I would say, however, that banks with <$500MM in total assets have unique challenges relating to technology investments, stock liquidity, and management succession that will make things difficult.

NJ 60