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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.

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Springboard to Excellence

Independent Banker

imberly Anderson, senior vice president and chief administrative officer of Cañon National Bank in southern Colorado, became her community bank’s loan compliance officer in 2003. In early 2004, examiners visited her $253 million-asset bank, an experience that revealed a need—someone with a stronger compliance background.

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Banking's Top 5 in Total Return to Shareholders: 2019 Edition

Jeff For Banks

billion in assets community bank with 22 branches that encircle the Seattle Sound. But in 2004 they converted to a mutual savings bank, and then in 2012 converted to shareholder owned. Founded in 1980, Plumas Bank is a full-service community bank headquartered in Quincy in Northeastern California. First Capital, Inc.

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How The Fed Will Impact Your Deposit Beta

South State Correspondent

In our previous article ( HERE ), we reviewed the banking industry’s cost of funding earning assets (COF), and we compared how community banks’ COF behaves relative to national banks in a rising interest rate cycle. Community banks with larger percentages of DDA balances will fare better. Influences on Deposit Beta.

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Guest Post: Third Quarter Economic Update by Dorothy Jaworski

Jeff For Banks

And don’t forget that they are still finishing the $667 billion Operation Twist Program by year end 2012, where they sell shorter maturities and buy longer term ones to push interest rates lower. Bhutan, a Buddhist nation between India and China, began calculating the Gross National Happiness, or “GNH,” Index in 1972.

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Guest Post: Financial Markets and Economic Update by Dorothy Jaworski

Jeff For Banks

The federal stimulus also drove our national debt levels to over $30 trillion, or 123.4% Remember that Fed policy operates with a lag. Dorothy has been with Penn Community Bank and its predecessor since November, 2004. Nominal GDP was +10.6% in the first quarter and grew to +13.9% 76%, the 5 year is up.40%

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The Future of Checks – Tales From The Crypt

South State Correspondent

The debit card started to rise in popularity in 2004, as did an explosion of ATMs in 2005, affording the general population more access to cash. National and many community banks want to integrate into the accounting and enterprise resource planning (ERP) software (example below). From there, checks steadily declined.

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