Independent Banker

NOVEMBER 30, 2022

Community Financial Services Bank, Benton, Ky.; In our annual workplace survey, employees of ICBA’s best community banks to work for told us they benefit from engaging cultures, opportunities for advancement and innovative benefits. size businesses and individuals throughout Illinois, Wisconsin, Indiana and Florida.

Community Bank 169

Community Bank Community Montana Leadership 169

Independent Banker

MAY 31, 2022

Community banks have a choice about addressing the problem: Remain vulnerable or be vigilant. Fraud and cybercrimes continue to increase, causing challenges for community banks. But there’s plenty community banks can do to meet this challenge. Fraud and cyber attacks are on the rise, and at great expense to the industry.

Community Bank 134

Community Bank Community Fraud Texas 134

PYMNTS

AUGUST 16, 2016

15) that it has entered into an agreement with the University of Illinois at Chicago to open a package pickup location inside the student center on the UIC campus, Amazon said in a press release. We couldn’t be more excited to bring Amazon to campus and continue to elevate the services we provide our community,” J.

Illinois 100

Illinois Chicago Community Retail 100

PYMNTS

FEBRUARY 1, 2021

The company pointed to Northwell Health in Illinois, the University of Massachusetts Amherst and Gavi , the Vaccine Alliance. In the release, Salesforce said international, federal, state and local agencies, healthcare providers and nonprofits are now using its technology specifically for vaccine administration.

Software 193

Software System Company San Francisco 193

PYMNTS

JULY 6, 2020

The Riverwood, Illinois company said the move was “an effort to support the restaurant industry as it rebounds” from the pandemic and associated lockdowns. Discover joins other major companies in starting programs aimed at minority communities, which have been particularly hard-hit by the pandemic and ensuing economic crisis.

San Jose 204

San Jose South Carolina Alabama Illinois 204

PYMNTS

FEBRUARY 14, 2020

Facilities in Ohio, Minnesota, Virginia and Illinois will close in April, and about 280 people will be let go. The move shows that while Amazon offers opportunities to smaller companies, it will not hesitate to cut them off if its standards aren’t met. About 120 workers will lose their jobs at a location in Michigan.

Company 215

Company Wisconsin Minnesota Michigan 215

CFPB Monitor

NOVEMBER 6, 2023

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Rhode Island 78

Rhode Island District of Columbia West Virginia Community 78

ABA Community Banking

JANUARY 18, 2025

Illinois regulators closed Pulaski Savings Bank of Chicago and appointed the FDIC as receiver. Millennium Bank of Des Plaines, Illinois, agreed to assume all deposits and most of its assets. The post Pulaski Savings Bank closed in Chicago appeared first on ABA Banking Journal.

Chicago 111

Chicago Illinois FDIC Regulation 111

Banking Exchange

JUNE 10, 2021

Two community banks snapped by Simmons, while Illinois’ Heartland Bank looks to push into Iowa Community Banking Feature3 Feature Management M&A.

Community Bank 78

Community Bank Community Iowa Tennessee 78

American Banker

JANUARY 4, 2023

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Illinois 78

Illinois Community Bank Community 78

PYMNTS

JULY 3, 2019

In the Midwest, the new banks reportedly include the Educational Community Alliance Credit Union in Ohio, the MidAmerica National Bank in Illinois, the Republic Bank of Chicago in Illinois and the State Bank of Waterloo in Illinois. The report also noted that it seems U.S. In December, Google Pay added about 30 new U.S.

Google 109

Google Illinois Cards Cleveland 109

ABA Community Banking

NOVEMBER 26, 2024

Old National Bancorp in Evansville, Illinois, has agreed to buy Bremer Financial in St. The post Old National in Illinois to buy Bremer Financial appeared first on ABA Banking Journal. Paul, Minnesota.

Illinois 52

Illinois National Minnesota Community Bank 52

ABA Community Banking

OCTOBER 1, 2024

The post Bank acquisitions announced in Illinois, Pennsylvania appeared first on ABA Banking Journal. Byline Bancorp in Chicago to buy First Security Bancorp, Mifflinburg Bancorp in Pennsylvania to buy Northumberland Bancorp.

Pennsylvania 52

Pennsylvania Illinois Chicago Security 52

Independent Banker

JULY 31, 2022

These community banks share how they have (or haven’t) altered their hiring strategies. According to the BLS, “quit levels and rates” by employees is higher in all employment sectors than it is in “finance and insurance” specifically, which is where community banks would fall (see table below). Photo: Colin Conces. By William Atkinson.

Community Bank 91

Community Bank Community Iowa Louisville 91

ABA Community Banking

OCTOBER 30, 2024

Griggsville Bancshares in Illinois to buy Scott Morgan Bancorp; First Carolina Bank in North Carolina to purchase BM Technologies. The post Bank acquisition announced in Illinois, North Carolina bank to acquire fintech appeared first on ABA Banking Journal.

North Carolina 52

North Carolina Illinois Fintech Technology 52

PYMNTS

MAY 26, 2020

The owner/operator of 85 shopping centers in California, Colorado and Illinois said shoppers are returning to recently reopened malls, but they’re not lingering, according to a CNBC report. The heart of our communities [and] shopping centers are small businesspeople.”.

Groups 205

Groups California Colorado Illinois 205

PYMNTS

APRIL 22, 2019

That would seem to apply to credit unions (CUs), and to Consumers Credit Union of Illinois specifically, one of the largest CUs around, which has been in business since 1930 (before the Great Depression reached its worst depths). Besides those community ties, credit unions often win points because of what they are not: big banks.

Illinois 134

Illinois Innovation Video Community 134

Independent Banker

OCTOBER 31, 2022

Before Wood & Huston Bank’s former headquarters was demolished, the community bank lent the space to a local fire department for critical, hands-on training. While it was a hard decision to tear down a piece of history, Yarbro says the community bank’s staff is excited about it and looks forward to the next 40 years in its new building.

Training 162

Training Community Illinois US 162

PopularBank

DECEMBER 22, 2020

Grants Will Benefit Communities Throughout New York, New Jersey, South Florida and Chicago. New York, NY – December XX, 2020 – The Popular Foundation , which is sponsored by employees of Popular Bank, has awarded a total of $216,000 to 23 nonprofit organizations serving communities throughout New York, New Jersey, South Florida and Chicago.

NJ 97

NJ New York Miami New Jersey 97

PYMNTS

FEBRUARY 24, 2020

The net impact of Amazon’s decision translates to Bear Down Logistics’ facilities shutting down in Ohio, Virginia and Illinois in April — with 280 positions lost. There are another 120 workers slated to be let go in Michigan. “We Yet, in a competitive market, pay may matter.

Michigan 196

Michigan Illinois Ohio Virginia 196

PYMNTS

JANUARY 4, 2017

The total roster now claims more than 1,600 banks and credit unions domestically, said the site, even as 35 percent of retailers in the U.S. support Apple Pay.

Apple 117

Apple Arkansas Indiana Utah 117

PYMNTS

MAY 26, 2020

The owner/operator of 85 shopping centers in California, Colorado and Illinois said shoppers are returning to recently reopened malls, but they’re not lingering, according to a CNBC report. The heart of our communities [and] shopping centers are small businesspeople.”.

California 185

California Colorado Illinois Resources 185

PYMNTS

OCTOBER 22, 2020

The initiative starts in the weeks to come throughout ALDI’s over 60 Georgia stores, while it will grow to over 570 retail locations throughout California, Illinois, Pennsylvania and Florida in the months to come. percent of the population in Georgia and disproportionately impacts communities of color. Food insecurity affects 12.5

Georgia 130

Georgia Payments Pennsylvania Illinois 130

PYMNTS

JULY 10, 2020

It’s been a coordinated effort — regulatory-driven, highly standardized and thrust upon the banking community. For instance, he pointed to statewide initiatives in California and Illinois that have focused on biometrics. “In recent years, we’ve seen the heavily regulated version of open banking in the E.U.,” Cohen said. In the U.S.,

Data 272

Data Innovation Fintech Illinois 272

PYMNTS

APRIL 16, 2020

The offering is now available from almost 2,000 stores in California, New York and Illinois, among other states, with plans to grow throughout the country in the months to come, according to an announcement.

California 161

California Illinois Washington New York 161

PYMNTS

MARCH 25, 2019

The Kraninger-proposed rollback of the aforementioned underwriting requirements came last month, and several trade groups, such as the Community Financial Services Association of America, had asked Judge Yeakel to delay compliance dates until the underwriting rollback had been completed. This is still illegal federally.”

Lending 128

Lending Illinois Compliance Chicago 128

PYMNTS

APRIL 17, 2017

Reports late last week said the bank will work with SME lending portal Accion, a nonprofit company, to facilitate the financing of these companies across five states: Florida, Indiana, Illinois, Michigan and Ohio. They are essential to economic growth and development.

Indiana 109

Indiana Lending Resources Michigan 109

PYMNTS

MARCH 21, 2019

Aura , a community development financial institution that provides cost-friendly loans to families, has completed a $50 million private social bond issuance, the company announced on Thursday (Mar. The money from the issuance will allow for 32,561 credit-building loans to what the company calls underserved and underbanked communities.

Arizona 107

Arizona Illinois Community Capital 107

CFPB Monitor

OCTOBER 27, 2022

The CFPB has told two courts, an Illinois federal district court and the Ninth Circuit, that the Fifth Circuit panel decision holding that the Bureau’s funding mechanism is unconstitutional is “neither controlling nor correct” and “mistaken.” . The CFPB addressed the panel’s decision in Community Financial Services Association v.

Illinois 146

Illinois FDIC California System 146

Independent Banker

OCTOBER 31, 2022

ITMs and VTMs are popular retail banking innovations among community banks. We spoke with two community banks that have ramped up their services to meet—and exceed—the changing expectations of customers. Community banks are constantly looking to the future and identifying what customers want. Jeff Versluys, One Community Bank.

Banking Trends 151

Banking Trends Retail Trends Community Bank 151

PYMNTS

JUNE 3, 2020

Chief Executive Officer Tim Baxter said in the announcement, “The impact of the COVID-19 pandemic on our industry, economy, communities, associates and customers over the last few months is unlike anything we have experienced before, and the protests and demonstrations across the country over the last week create even more uncertainty.

Columbus 130

Columbus Illinois Ohio Guidelines 130

PYMNTS

DECEMBER 10, 2019

Earlier this month, Lumin Digital signed a multi-year contract with the University of Illinois Community Credit Union (UICCU) that will have Lumin’s cloud-based platform serve as the credit union’s digital banking solution for retail banking and bill payment.

Security 130

Security Illinois User Experience Digital Banking 130

Abrigo

DECEMBER 4, 2015

Sageworks played host from coast to coast at 12 regional ALLL Executive Seminars, where chief credit officers, chief financial officers and other finance and credit executives participated in educational and peer-networking discussions on topics including qualitative/environmental factors , stress testing and preparing for FASB’s CECL model.

North Carolina 150

North Carolina Ohio DC Regional 150

PYMNTS

DECEMBER 30, 2019

Similarly, Illinois is eying close to $400 million in new annual sales tax revenue on ecommerce items shipped into the state. A plan backed by the Illinois Retail Merchants Association places the burden on sales tax collection on the marketplaces, which will then settle up with the state Department of Revenue.

Taxes 130

Taxes Alaska South Dakota South Carolina 130

Gonzobanker

AUGUST 10, 2022

However, if lawmakers got real about both current Durbin and the proposed legislation, they would see how these changes primarily impact consumers and, to a lesser extent, the health of community financial institutions. so with all due respect to the senator from Illinois, let’s be realistic. Does this seem like a consumer benefit?

Cards 144

Cards Illinois United States Community 144

American Banker

JULY 7, 2016

has agreed to buy First Community Financial in Elgin, Ill. Wintrust Financial in Rosemont, Ill.,

Community 37

Community Illinois Community Bank Strategy 37

PYMNTS

NOVEMBER 19, 2018

In a statement , Mastercard said it is “working closely with FEMA to share information on which stores, gas stations, hotels and ATMs are up and running so that the organization has the information it needs to help support communities in crisis.”. We’re over a month out now and [the community] is still unrecognizable.”.

California 140

California Payments ATM Illinois 140