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The power of a CDFI

Independent Banker

First Southwest Bank is carving out new business models to address a need for credit and financial services through nonprofit lending programs and software that leverages its community development financial institution (CDFI) funding. First Southwest Bank isn’t one to borrow a page from another bank’s playbook.

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Another 44 Banks And Credit Unions Sign Onto Apple Pay

PYMNTS

Citizens Bank. City State Bank. Comenity Capital Bank. Commercial Bank. FNB New Mexico. Pendleton Community Bank. Peoples Bank (OH). Phoenixville Federal Bank & Trust. Premier Bank (MN). Premier Bank (NE). Premier Bank Rochester. Crane Credit Union.

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15 Minutes With … Jimmy Rasmussen

Independent Banker

IB: You were recently reelected to serve a second term on the Federal Reserve Bank of Dallas board of directors. Rasmussen: Yes, it is an honor to serve the Group 3 Banks in Texas, southern New Mexico and northern Louisiana for three more years. We are staffed by 100 employees, who are very involved in their communities.

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$12M Offering to Start a Mutual Conversion in N.M.

American Banker

Alamogordo Financial in New Mexico has kicked into gear its plans to convert from a mutual to a fully shareholder-owned company.

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Dodd-Frank Pullback To Benefit SMEs, Says Donald Trump?

PYMNTS

Trump, speaking at a meeting Thursday (March 9) with community bankers, along with National Economic Council Director Gary Cohn and Treasury Secretary Steve Mnuchin, said community banks are critical to the economic health of their communities and to providing small businesses with access to capital.