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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.
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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. In four short years, Hawthorn River has a customer base of more than 50 banks and is still growing!
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