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How Banks Can Better Use Grid-Based Pricing

South State Correspondent

Community banks can maximize profit and increase loan balances using innovative grid-based pricing for their commercial clients. The graph below shows the Fed’s balance sheet from 2002 to the present. Therefore, attracting long-term, stable, and lower COF deposits is paramount for community banks.

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PSCU Sponsors Credit Union Cherry Blossom Run, Fundraiser

PYMNTS

since 2002, donating more than $8 million. “PSCU’s legacy of commitment to this race helps raise money for a good cause and provides broad visibility to elected officials about the importance and impact of [CUs] in communities across the U.S., Credit unions (CUs) across the U.S.

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Community Spark Award 2020 Finalist: York Traditions Bank

Social Assurance

A tradition of community – that is one of the things York Traditions Bank is built upon. York Traditions Bank has a “tradition” of supporting its community. Since the founding of York Traditions Bank in 2002, its Associates have given their time and talent to many nonprofit organizations.

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Community Financial Institutions: Parking Lot for the Benjamins

Jeff For Banks

This has kept investment options for community financial institutions at historic lows. Community FIs are experiencing similar activity from their Main Street customers. Community FI customers are parking their money waiting for better, more certain times. Low loan demand further exasperates the challenge.

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Weird Commerce: Hayo’s Motion-Controlled Smart Home Hub

PYMNTS

For those unfamiliar with the hit 2002 Tom Cruise movie “ Minority Report ,” the technology inside the film allows users to control nearly every aspect of computing devices through hand motions. Also, we are looking for great partnerships to integrate Hayo with other devices, to improve Hayo and to build our community.”.

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Fat Brain Toys Navigates Pandemic With Agile Business Model

PYMNTS

It has also done a solid job of staying in touch with its audience during the pandemic with contests and other community outreach programs as it capitalizes on retail partnerships including marketplaces like Amazon, Target, and Walmart. Carson says he sees a broader shift is also underway with educational-oriented toys.

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Essex Savings in Connecticut lines up next CEO

American Banker

Diane Arnold, who will succeed the retiring Gregory Shook in July, has been with the bank since 2002. She is currently the chief lending officer.