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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. Philadelphia.

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Sageworks’ speakers tackle tough banking topics

Abrigo

Sageworks consultants have hosted and spoken at roughly two dozen regional and national events and industry conferences attended by hundreds of banking and credit union executives, regulators and industry professionals. See upcoming regional and national events hosted or attended by Sageworks here.

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Is Amazon’s Delivery ‘Purge’ A Boon To Last-Mile Rivals?

PYMNTS

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. The Seattle Times reported that a Bear Down Logistics driver in Michigan makes $15 an hour, while UPS pays about $20 an hour in the same region for the same work.

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Mall Now A Four-Letter Word For Some Operators?

PYMNTS

Consider Parmatown Mall, in Parma, Ohio, which has been refashioned as The Shoppes at Parma. There are 90 regional malls that have renovated in just the past four years and, as calculated by property consultancy JLL, 17 have stripped away the “mall” designation. Call them something else, then, it seems. is now Hanover Crossing.

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CRE risk management: Navigating hazards and opportunities

Abrigo

WATCH Takeaway 1 Banks and credit unions are critical sources of capital for businesses in their communities, so how institutions assess CRE credits matters. But that might not be the best move for your financial institution or your community. Certainly, one asset class, the regional mall, is quite dead,” Kirby said.

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Stress testing revisited to avert risk and improve risk ratings

Abrigo

First City Bank, a $60 million-asset institution in Columbus, Ohio, has been performing bottom-up stress testing on their portfolio for over six years. Learn more about stress testing methodology by downloading this guide, Actionable Stress Testing Results For Community Banks.

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Amazon And Its Real Estate Effect

PYMNTS

The Wall Street Journal reported on Wednesday (May 2) that Amazon told the also-ran cities, via conference call, that a “key issue” was toed to regional transportation — or, more specifically, the lack of a network facilitating that transportation. The financial publication illustrated that the efforts made by individual cities varied.