Remove FDIC Remove Marketing Remove Oregon
article thumbnail

Community Bank Acquires SMB Digital Bank Seed

PYMNTS

Its takeover of Seed strengthens its position in the small business FinTech market. Seed members will be migrated to Cross River as the community bank expands with new offices in California and Oregon. Its acquisition of Seed follows last year’s $100 million private equity investment raise, led by KKR & Co Inc. reports said.

article thumbnail

The top-performing community banks of 2021

Independent Banker

We strive to bring the community bank model to mortgage banking,” says Ryan Dempster, president and CEO of the bank, which has 17 locations in Oregon, Washington and Idaho. A: We strategically positioned ourselves to take advantage of the market. We were gaining more market share by calling on all the Realtors. A: Technology.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Bankers: Is your strategy the same as your competitor?

Jeff For Banks

The Bank offers a wide range of deposit services including demand deposits, regular savings accounts, money market accounts, individual retirement accounts, and certificates of deposit with fixed rates and a range of maturity options. We believe we can effectively compete as a community bank in our market area and the niche markets we serve.

article thumbnail

Who were ICBA’s Top Lenders of 2022?

Independent Banker

Using FDIC data for 2021, we calculated a lender score out of 100 for each community bank. He sensed the family’s passion and liked their idea of starting with selling milk at farmers’ markets, roadside shops and small grocery stores. By Ed Avis. Methodology. When the owners of a small family dairy asked The Peoples Bank in Marion, Ky.,

article thumbnail

The Folly of Peer Groups

Jeff For Banks

But because financial information on competitors is so readily available in banking (we must report to the FDIC our quarterly results and it is available to all), we become over-reliant on them. See below for a snapshot from an Umpqua Bank of Portland, Oregon UBPR. Regulators fall victim to this trap too. That’s the only criteria.

Groups 60
article thumbnail

Millennials Not Alone in Fleeing Big Banks

NCR

So last year, the New York resident left the big bank, setting up an account with Simple, an FDIC-insured direct bank based in Portland, Oregon, where he can do all of his banking online – without any monthly fees. “I Not surprisingly, after months of getting dinged for “maintenance,” Coleman had enough.

article thumbnail

The Mother List of All Banking Books

Jeff For Banks

Inside the FDIC: Thirty Years of Bank Failures, Bailouts, and Regulatory Battles 2015 Louis D. The Panic of 1907: Lessons Learned from the Market's Perfect Storm 2009 Lowell L. Bonadio Bonadio, Felice A. Giannini: Banker of America 1994 Richard X. Bove Bove, Richard X. Guardians of Prosperity: Why America Needs Big Banks 2013 John F.

America 78