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Banks and CDFIs: Partnering for community impact

Abrigo

And to thrive, those customers need economically diverse and healthy communities in which to live and work. Partnering with local organizations to promote the health of those communities is often a top priority for banks. communities where capital tends to be scarce.

Community 246
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Community Banks Embrace Faster Payments’ Competitive Edge

PYMNTS

Community banks are pushing for a stronger role with their small business (SMB) customers. However, through an embrace of FinTech collaboration and industry consolidation, community banks appear poised to further dispel assumptions of a lack of digitization. has dropped from 8,000 in 2004 to about 5,400 in 2018.

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What #Banking Trend Will Have the Greatest Impact on Your Bank?

Jeff For Banks

And then what happened in 2004-06 happened again. Although shadow banking mostly serves larger corporations, think money market funds buying commercial paper, bankers fear the trend will continue going downstream to more traditional community bank customers. Depositors woke up and thought "what is my bank paying me?"

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The banks serving active duty personnel

Independent Banker

Community banks operate on a majority of the country’s military installations. Given their selfless service, active-duty personnel rely on community banks that understand their unique needs. Community banks comprise more than two-thirds of the 66 banks operating on U.S. Photo by: Dero Sanford. By Judith Sears.

Arkansas 168
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Predicting the Next Banking Crisis Is a Fool’s Game. Not Learning From the Last One: Equally Foolish

Jeff For Banks

To you, manage your interest rate risk. percent in 2004, a decline of 1.1 By comparison, non-high-tech industries lost 689,000 jobs between 2001 and 2002 but recovered the lost jobs by 2004. Although community banks did not lend to sub-prime borrowers in any meaningful way, did we participate?

FDIC 78
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Fitch Sounds Warning On Corporate Debt Loophole Of Trade Finance

PYMNTS

The survey traced supplier payment practices back to 2004. A more in-depth report published by PwC and the Supply Chain Finance Community last December similarly concluded that use of supply chain finance is on the rise. Collectively, the total value of payables increased by $327 billion, Fitch Ratings said.

Survey 100
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BEC Scam Storms The Sports Field (Literally)

PYMNTS

What we’re doing right now is we’re looking at our processes in place … to make sure this doesn’t happen again,” said Rene Daniels, director of communications and community engagement for Spotsylvania County Public Schools, according to the site, which added that no personal details or confidential information were compromised.