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8 Takeaways From JPM’s Shareholder Letter

South State Correspondent

As usual, it was full of insight that every community banker should consider. Our focus is on information that pertains to the community banking industry. 2) Leadership Matters. Of note is that of the $10B in revenue in commercial banking, almost 40% was noninterest revenue. 8) Management Lessons at JPM.

Community 195
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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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The banks serving active duty personnel

Independent Banker

Under Larry Wilson’s leadership, First Arkansas Bank and Trust’s branch on the Little Rock Air Force Base was named the 2020 Air Force Bank of the Year. Community banks operate on a majority of the country’s military installations. Community banks comprise more than two-thirds of the 66 banks operating on U.S.

Arkansas 168
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Beneficial State Bank’s financial activism

Independent Banker

Under the leadership of CEO Randell Leach, Beneficial State Bank is pursuing an ambitious mission of financial activism and strong corporate values. The idea that community banking can be a force for positive change is at the heart of Beneficial State Bank, which engages its customers through financial activism.

Oakland 153
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4. Andrea Smith, Bank of America

American Banker

Andrea Smith has been a member of Bank of America's executive leadership team since 2010, first serving as global head of human resources before transitioning last year to chief administrative officer.

America 28
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No Apologies

Independent Banker

For example, the accounting standard will now be crystal clear that community banks can forgo certain unnecessary or inappropriate disclosures. They avoid what otherwise would have become seriously unworkable accounting requirements for community banks. In the end, results were what ultimately mattered. Reach Camden R.

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Rising to the Challenge

ABA Community Banking

In this pandemic, America's banks have shown what they're made of—dedicated employees working around-the-clock to help customers shore up their financial lives. The post Rising to the Challenge appeared first on ABA Banking Journal.

America 105