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Community Banks Voice Frustration With Core Tech Providers

PYMNTS

Community banks are voicing their frustration with what they say is a lack of competition in the market for corporate bank technology providers, reports in The Wall Street Journal said Thursday (April 11). Community banks say their services are often too expensive and can sometimes be delayed.

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Will "Plain Vanilla" Kill Community Banking?

Jeff For Banks

I was at a strategic planning retreat a few weeks back where a colleague lauded the concept of bankers getting back to plain vanilla community banking. Is the premise that doing "plain vanilla" banking acceptable? Valley National had an ROA in the fourth quarter of 1.08%. I hear and read this often. I doubt it.

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Why N.J. Bank Refuses to Take Successful SBA Program National

American Banker

Unity Bancorp is raking in money from holding and selling 7(a) loans, but don't expect the bank to extend its operations beyond New Jersey and New York. Management learned that lesson the hard way during the financial crisis.

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The Investments Keep On Coming And ‘Uber For Trucks’ Banks $10M Investment

PYMNTS

But innovation watchers have been watching Rio and Brazil in general for some time as the nation increasingly becomes an incubator nation for FinTech development and talent. Accor is the biggest hotel operator in Europe, with the deal now helping to loosen up funds to boost and spruce up its existing holdings.

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The 2022 GonzoBanker Awards

Gonzobanker

Hats off to Thomas Shara at Lakeland and Tony Labozzetta of Provident for architecting the new $25 billion super-community bank in New Jersey. Let’s see how this new scale allows for big investments in future innovation. Goes to New England Federal Credit Union and Vermont State Credit Union.

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Banking's Top 5 in Total Return to Shareholders: 2017 Edition

Jeff For Banks

Nasdaq: OSBC) Old Second is a single-bank holding company headquartered in Aurora, Illinois. billion of assets and operates twenty five branches in the western suburbs of Chicago. The Bank, Old Second National Bank, lost a whopping $156 million in 2009 and 2010. Summit also operates an insurance subsidiary.

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The 2019 GonzoBanker Awards

Gonzobanker

Bank Acquisition of the Year. picks up Bancorp of New Jersey, Inc. A slam dunk in market acquisition of a bank with the same core system and eight of nine Bancorp branches within walking distance of ConnectOne branches. Niche Payments Acquisition Award – Goes to City National Bank for its acquisition of FilmTrak.

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