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Community Banks Debut FinTech Alliance

PYMNTS

Alloy’s Julieann Thurlow, CEO of Reading Cooperative Bank, said, “Community banks play a special role in the lives of our customers, but we don’t have the same IT and innovation budgets as the big banks to capitalize on that relationship.” This time around, Sweetbridge is using blockchain in a lending context.

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Growing a mortgage portfolio: Encourage borrowers to bank local

Abrigo

With mortgage rates down in the US , many homebuyers are looking locally to their community banks to finance their new, potentially life-changing purchase. In the spirit of the go local movement, new data from Sageworks Bank Information peeked in on 10 cities to see which community banks were making an impact on local mortgage lending.

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At home with HOA banking

Independent Banker

Academy Bank COO Tom Kientz notes that the community bank was eager to expand its deposit and loan services. Looking for an avenue to increase its deposit base, Academy Bank tapped into a market it hadn’t explored before: homeowners associations. Academy Bank in Kansas City, Mo., Photo by Jason Tracy.

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A small Colorado bank's plan to fend off big SBA lenders

American Banker

Denver-based InBank will expand into Georgia and Arizona, part of a wider plan to seize market share and build what one executive called a top-tier SBA lender.

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The Bank Legacy Is Dead: Long Live the Fintech Collision

Gonzobanker

It’s been a long two years since bankers and investment bankers nationwide made their annual pilgrimage to the Arizona desert for the Acquire or Be Acquired conference – and ohhh man, a completely different world has emerged since the January 2020 get-together! and a trailblazer in the world of banking as a service (BaaS).

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How Small Banks Can Respond to the Coronavirus Outbreak and Help Businesses Survive

FICO

When it comes to the financial fallout, small businesses, including smaller community banks, will take the biggest hit. They’re scrambling to stay afloat – but with no end in sight, what will this mean for the economy and the credit and lending industry? Community banks are just that—in the community.

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Mortgage Man

Independent Banker

When there is a need at Cleveland State Bank in Cleveland, Wis., When another lender left the $103 million-asset community bank, Harms picked up her client load for months without complaint and then trained the new replacement staffer. Matt Harms, vice president of consumer and mortgage services, steps up.