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A bridge to affordable housing

Independent Banker

Daniel Galindo, pictured, and Doug Schaeffer of Woodforest National Bank helped involve the community bank in providing funding for and access to affordable housing. Name: Woodforest National Bank. Doug Schaeffer, Woodforest National Bank. Doug Schaeffer, Woodforest National Bank. By Aileen McDonough.

Austin 91
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CVS To Open 50+ COVID-19 Drive-Thru Testing Sites

PYMNTS

As it works to address the pandemic with testing, CVS Health plans to open over 50 COVID-19 testing sites at designated CVS Pharmacy drive-thru locations throughout Connecticut, Florida, Arizona, Pennsylvania and Massachusetts. CVS Health President and CEO Larry J.

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Patriot National hires outsider as next leader

American Banker

The Connecticut company recruited Robert Russell from Millington Bank to become its president and CEO.

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Shellfish Industry Tries DTC Strategy

PYMNTS

Take the Connecticut-Long Island oyster ecosystem on Long Island Sound, which is the body of water that defines the border between the two states. She is also a member of the Noank Agriculture Cooperative , which includes all elements of the oyster hatching and farming community on the Long Island side of the sound.

Industry 157
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Regional Banks Guide Corporates To Future-Proof Accounts Payable

PYMNTS

People’s United Bank, which operates across Connecticut, southeastern New York state, Massachusetts, Vermont, Maine and New Hampshire, recently demonstrated the growing interest of community banks to collaborate with FinTechs to expand their product offering — just as larger national and multinational financial institutions (FIs) do.

Regional 214
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Accounting About-Face

Independent Banker

She explained why lawmakers should exempt community banks from Basel III capital rule. Community bankers score big changes in final credit-loss standard. The agencies said in formal guidance that community banks will be able to meet the new standards without complex models or third-party service providers. By James Kendrick.

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Data privacy: How to keep customer data safe

Independent Banker

But as the prevalence of security breaches grows, so do the opportunities for community banks to position themselves as guardians of their customers’ personal data through compliance, technology and relationship building. Shielding sensitive customer information from prying eyes remains a chronic industry challenge. By Katie Kuehner-Hebert.

Data 91