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Community banks are thriving in Texas

Independent Banker

With the record growth of San Antonio, Houston and Austin, southern Texas is becoming a hub for business. Here’s how four community banks are thriving in this environment. There’s a lot of energy in the southern half of Texas, and it’s not just the resources that power our homes and cars. Photo by Dennis Burnett.

Texas 182
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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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Trust and tax services: Worth offering?

Independent Banker

To satisfy the banking needs of some commercial and high-net-worth clients, some community banks provide trust and tax strategy services. Launching new services to cross-sell to existing customers is one path to organic growth for a community bank. For some banks, those services include specialty trust and tax strategy services.

Taxes 91
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The ICBA 22/23 executive committee is all in

Independent Banker

Executive committee members tell us what advocacy issues they’ll be focused on during their terms, while board members share their words of wisdom for up-and-coming community bankers: themselves. To sum it up, these leaders are all in and all heart for community banking. We are not Wall Street banks—we are community banks.

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FinCEN announces $8 Million BSA Enforcement Action: The Resurrection of AML Penalties

Abrigo

Whether that is the case or not, the reprieve is now over. On December 16, 2021, FinCEN announced an $8 million civil money penalty against CommunityBank of Texas (CBOT) for willful Bank Secrecy Act (BSA) violations and failing to maintain an effective anti-money laundering (AML) program. CommunityBank of Texas' citations.

Resources 195
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 Late Payments On The Campaign Trail

PYMNTS

The invoices span 10 cities as far-flung as El Paso, Texas and Erie, Pennsylvania. There’s a lot of benefit when a president comes here: economic benefits, more visibility for our community,” Lebanon Mayor Amy Brewer told the CPI. Some of those debts go back to 2016, according to the reports. It’s our taxpayer dollars.”.

El Paso 115
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What Goes Up …

Independent Banker

Coping just fine, community banks in energy-producing regions manage the oil-price plunge. Yet community bankers serving the oil industry say they’ve been expecting a drop in the notoriously cyclical price of crude. billion-asset community bank based in Happy, Texas. By Howard Schneider. percent expansion last year.