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

PYMNTS

FEBRUARY 1, 2021

The company pointed to Northwell Health in Illinois, the University of Massachusetts Amherst and Gavi , the Vaccine Alliance. Technology can play a critical role in ensuring it’s done efficiently, effectively, and equitably,” said Bret Taylor , president and chief operating officer of Salesforce.

Software 193

Software System Company San Francisco 193

PYMNTS

FEBRUARY 14, 2020

The company is ceasing operations in five states after it failed to meet Amazon’s standards. Facilities in Ohio, Minnesota, Virginia and Illinois will close in April, and about 280 people will be let go. About 120 workers will lose their jobs at a location in Michigan. There’s a facility in Wisconsin whose status is unknown. “We

Company 215

Company Wisconsin Minnesota Michigan 215

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

CFPB Monitor

NOVEMBER 16, 2021

6247-A) to the New York Community Reinvestment Act (NYCRA) that expand the NYCRA’s coverage to non-depository mortgage lenders. New York now joins a small group of states, including Illinois and Massachusetts, that apply CRA-type laws to non-depository mortgage lenders. The amendments are effective November 1, 2022.

New York 78

New York Community Regulation Data 78

Independent Banker

FEBRUARY 28, 2023

Photos by Luke Copping Photography BankOnBuffalo has hit the road with its new mobile bank, BankOnWheels, to meet the needs of underserved communities. We are providing banking options in areas that have been known as ‘bank deserts,’ which is very important to us as a community bank.” By William Atkinson Name: BankOnBuffalo Assets: $1.1

Mobile 91

Mobile Community Community Bank ATM 91

PYMNTS

MAY 27, 2020

As The Wall Street Journal reported, the eatery hoped to avert a complete liquidation of its 98 locations in New York, the Mid-Atlantic, California, Illinois and Florida with a proposed $3 million sale of the business to Aurify Brands LLC. Effective today, we are pausing our operations, company-wide.

Florida 131

Florida New York New York City Delaware 131

Independent Banker

MARCH 31, 2022

One Community Bank’s 30-year relationship with All-Color Powder Coating is carried on by banker Steven Erickson (left) and Dan Anderson. Whether achieved by internal or external resources, community banks provide valuable support for small businesses. To achieve this, community banks use a number of strategies.

Community Bank 91

Community Bank Wisconsin Community Resources 91

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

Independent Banker

OCTOBER 31, 2022

We spoke with industry specialists about the priorities for community banks as they build a digital loan process for small businesses. It’s critical for community banks to have online loan applications, process automation staff skilled in digitization and more. Doing so can help community banks: Optimize the loan cycle.

Lending 91

Lending Community Bank Community Strategy 91

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

Independent Banker

JUNE 30, 2022

Academy Bank COO Tom Kientz notes that the community bank was eager to expand its deposit and loan services. Today, the community bank has successful relationships with HOAs across the country. billion-asset community bank is a wholly owned subsidiary of Dickinson Financial Corporation, a $3.5 Photo by Jason Tracy.

Kansas City 91

Kansas City Kansas FDIC Community Bank 91

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

FEBRUARY 24, 2020

As reported last week, Bear Down Logistics is no longer working with Amazon, with the firm cutting hundreds of jobs in the wake of that severance, and effectively ceasing operations across five states. 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

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

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

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. Implementation.

Taxes 130

Taxes Alaska South Dakota South Carolina 130

Independent Banker

APRIL 30, 2022

It’s no secret why Alpine Bank’s mystery shopper program has helped the community bank meet and exceed customer expectations over the past two decades. Alpine Bank finds this question helpful, as it aligns with both the community bank’s culture and the customer surveys that it conducts. Mystery shop advice for other community banks.

Community Bank 91

Community Bank Community Illinois Online 91

Independent Banker

MAY 31, 2022

community bank during the pandemic. Providence Bank chose to open a new brick-and-mortar site during the pandemic, when many other businesses were ceasing operations or shutting down altogether. We have a really strong group of employees that care a lot about our communities and the bank, and they roll up their sleeves and work hard.

Raleigh 91

Raleigh Community Community Bank Lending 91

PYMNTS

JUNE 23, 2016

“We are excited to expand in the state of Georgia and add a new fulfillment center to better serve our customers in the region,”Akash Chauhan, vice president of Amazon’s North America operations, said in a statement. “This facility will create hundreds of new jobs with competitive pay and great benefits starting on day one.

Georgia 100

Georgia New Jersey Illinois Atlanta 100

Independent Banker

JUNE 30, 2022

Last year, community bank loan producers were faced with both record-low interest rates and a glut of deposits. But as they always do, they came through for individuals and businesses in their communities with a combination of personalized service and prudent risk management practices. Bunnell; and Doug, Genelle and Jagger Jones.

Community Bank 172

Community Bank Community National Philadelphia 172

PYMNTS

JUNE 22, 2020

On the optimistic side Elliot Nassim , president of Mason Asset Management, which co-owns the University Mall in Carbondale, Illinois, says: “We have always felt that the retail industry is evolving, despite what doomsday headlines would have you believe. There are about 1,000 malls — both privately and publicly held — operating in the U.S.

NJ 132

NJ New Jersey Retail Illinois 132

Independent Banker

AUGUST 31, 2022

Job seekers are in the driver’s seat across most industries, including community banking,” says Lindsay LaNore, group executive vice president and chief learning and experience officer for ICBA. However, community banks have a big opportunity to stand out from the crowd of potential employers.”. LaNore believes the rules have changed.

How To 91

How To Louisville Community Bank Training 91

PYMNTS

MARCH 31, 2020

Call it trend or phenomenon, cashierless operations are popping up back by influential money. As we read in the March 2020 Automated Retail Tracker™ , “eCommerce giant Amazon is among the companies tapping into unattended operations to keep time-strapped customers satisfied. Amazon Go’ Cashless. Now, it’s downright fun.

Retail 140

Retail Texas Illinois Seattle 140

Abrigo

MARCH 31, 2020

“Our goal is to position lenders as the single point-of-contact for small businesses – the application, loan processing, and disbursement of funds will all be administered at the community level,” said Carranza said in a news release. For underwriting, lenders will need to verify a borrower was in operation on Feb.

How To 195

How To Lending Illinois System 195

PYMNTS

JULY 10, 2020

Open banking comes in several flavors, yet its rise requires robust Know Your Customer (KYC) and Anti-Money Laundering (AML) procedures, Zac Cohen , chief operating officer at identity verification firm Trulioo told Karen Webster in a recent interview. In recent years, we’ve seen the heavily regulated version of open banking in the E.U.,”

Data 272

Data Innovation Fintech Illinois 272

Independent Banker

SEPTEMBER 22, 2015

Community banks are vital providers of small-business credit because of their extensive local market knowledge and deep customer relationships. In Illinois, a loan participation plan by a community bank “insourced” jobs to the local area from overseas. Community banks are the most active participants in the SSBCI program.

Oregon 70

Oregon Illinois Community Bank Lending 70

PYMNTS

MAY 26, 2016

Two of the warehouses will be located in California — in the towns of Tracy and Eastvale, to be exact — with the third landing in Joliet, Illinois. Since we first broke ground in California four years ago, we have found a network of support from community leaders to statewide officials, a dedicated workforce and fantastic customers.”.

California 100

California Illinois Retail Community 100

Independent Banker

SEPTEMBER 26, 2014

Urban Partnership Bank builds up people and communities. When Urban Partnership Bank in Chicago was born four years ago from the remains of a failed community development institution, its mission was revised and then revived again. Treasury to help serve distressed and underserved communities and consumers. A Special Mission.

Maine 99

Maine Chicago Detroit Community 99

Independent Banker

JANUARY 26, 2016

A young entrepreneur prefers relationship community banking. which he still operates. In general, Meadows believes community banks can play an important role in helping young businesspeople. He talks monthly with a loan officer at First National Bank of Odon, his local community bank. “He By William Atkinson.

Community Bank 70

Community Bank Community Illinois Regional 70

Independent Banker

APRIL 28, 2016

There is no secret sauce to our community bank’s recent strong performance. They are visionaries and stay involved; at the same time, they don’t meddle in the day-to-day operations of the bank. The housing market in central Illinois has remained strong, and Goodfield State Bank has focused on residential real estate.

Marketing 70

Marketing Illinois Community Lending 70

Independent Banker

FEBRUARY 24, 2016

Illinois bank launches insurance premium financing sideline. In an era of exceptional competition with tight interest margins, many community banks are attempting to tap new lines of business. Triumph Community Bank in Moline, Ill., billion-asset community bank operates. Graft, Triumph Community Bank. “We

Community Bank 70

Community Bank Policies Community Illinois 70

Jeff For Banks

DECEMBER 17, 2019

Nine hundred thousand dollars was over 4% of ASB's total operating expense in 2018. I realize that other banks give time and treasure to support their communities. Providence Bank and Trust in South Holland, Illinois also pledged to tithe since its founding in 2004. But at ASB's level and with a public pledge to do so?

Illinois 78

Illinois Community Company Capital 78

CFPB Monitor

SEPTEMBER 30, 2021

To ensure that the FTC’s efforts are directed at the most significant harms across markets, including those involving marginalized communities, the agency should focus on “power asymmetries” and the unlawful practices that such imbalances enable. Operational objectives. Strategic approach. Policy priorities.

Illinois 78

Illinois Policies Tools Regional 78

Independent Banker

MARCH 15, 2015

Increasingly, more digitally connected consumers are saying yes to that question with their community bank. For many community banks, telephone calls still generate the highest volumes of customer service interactions. For many community banks, telephone calls still generate the highest volumes of customer service interactions.

Community Bank 70

Community Bank Community Operations Retail 70

Independent Banker

DECEMBER 13, 2015

We still have a high demand for cash,” says Tylynn Theis, vice president of Harvest Bank, a $130 million-asset community bank in Kimball, Minn. also sees a continuing, important role for cash and coins, even as the use of hard currency skews toward older customers at his $131 million-asset community bank. “We The cashier’s role.

Community Bank 70

Community Bank Community Maine Mississippi 70

Independent Banker

SEPTEMBER 21, 2015

imberly Anderson, senior vice president and chief administrative officer of Cañon National Bank in southern Colorado, became her community bank’s loan compliance officer in 2003. Over the next three years, Anderson enrolled in all three of Community Banker University’s in-depth compliance certification training programs. By Ed Avis.

Compliance 70

Compliance Community Bank Community Training 70