Jeff For Banks

DECEMBER 28, 2023

I work for The Kafafian Group, a community bank consulting firm based in Bethlehem, Pennsylvania. Many of my readers might not know what my firm does, so I want to dedicate this post to the problems we help community bankers solve.

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Groups Capital US Community 87

Jeff For Banks

JULY 5, 2022

I know, my first job in banking in 1985 at Northeastern Bank of Pennsylvania was making microfiche. In Pennsylvania, Rocket has number 1 market share. They are/were the business owners, demanders of capital and loans, and significant depositors. And what greater meaning can they get than at a community financial institution?

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Millennials Community Pennsylvania Community Bank 78

American Banker

DECEMBER 10, 2019

The company will gain branches in Northampton County as part of the $79 million deal.

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Pennsylvania Marketing Company Community Bank 48

PYMNTS

JANUARY 29, 2020

As online lending platforms proliferate among the SMB borrowing community, however, experts warn that a lack of regulation means these companies rarely publicly reveal interest rates and fees. On top of that, MacKrell said the government is not sufficiently enlightening the small business community about the risks of online lenders.

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Lending New York Online New Jersey 136

American Banker

SEPTEMBER 13, 2016

With prolonged low interest rates, Centric Bank is targeting niche groups while eyeing ways to poach customers from recent sellers in Pennsylvania.

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Pennsylvania Capital Groups Community Bank 28

American Banker

JANUARY 9, 2020

The Pennsylvania company will pay $80 million for the parent of USNY Bank.

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New York Pennsylvania Company Community Bank 57

Jeff For Banks

DECEMBER 13, 2018

Total return includes two components: capital appreciation and dividends. This is clearly a turnaround situation, as the bank lost over $12 million in 2010, over 20% of its capital (ouch). is the parent company of Willamette Valley Bank, a community bank headquartered in Salem, Oregon. Welcome to the list! #2. And to them I say.

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Oregon Ohio California Community Bank 101

Jeff For Banks

DECEMBER 7, 2019

Total return includes two components: capital appreciation and dividends. billion in assets community bank with 22 branches that encircle the Seattle Sound. Two weeks ago I was at Cara Mia's having a chicken parm two blocks from their headquarters in Dunmore, Pennsylvania. First Capital, Inc. Pretty impressive.

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Indiana South Dakota Oregon Community Bank 78

Jeff For Banks

MAY 21, 2011

But there are exceptions, such as how Wayne Bank in Honesdale, Pennsylvania implemented a leadership change flawlessly. Community FIs used to have very predictable shareholders. They were typically within our communities, liked the dividend, and were proud to own a piece of their local bank.

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Leadership Community Pennsylvania Capital 73

Jeff For Banks

APRIL 29, 2021

I attended the Pennsylvania Bankers' Association Women in Banking Conference the next day. Others surprised me, such as the amount of views expended on board composition, or on deploying bank capital. The challenge was that it was a book designed for community financial institutions. I encourage you to read both!

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Jeff For Banks

JULY 14, 2021

The CFO's role then is to make sure that capital is available at the right cost for these choices to be profitable, and that the company has processes and decision making rules for capital allocation to support that growth." J4B Take : The greatest uncertainty facing community banking is relevance.

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Capital Strategy Management Company 78

PYMNTS

OCTOBER 28, 2016

Not to make them out to be a toast attraction, but the other kiosks can be checked out in New York, New Jersey, Pennsylvania, Texas, Louisiana and Nevada. Even after years of effort and hundreds of millions in VC capital invested, digital currency continues to have one major weakness: The world of bitcoin is desolate.

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Bitcoin ATM Cards Los Angeles 100

American Banker

SEPTEMBER 9, 2016

Huntingdon Valley Bank in Pennsylvania has revived its plan for a mutual conversion.

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Pennsylvania Community Bank Capital Community 28

Jeff For Banks

MARCH 13, 2010

Franklin Financial Services Corporation, parent company for F&M Trust Bank in Chambersburg, Pennsylvania, invests in the Franklin Future Fund, a non-bank investment company that makes venture capital investments in the Cumberland, Franklin, Fulton, and Southern Huntingdon counties. They also employ members of the community.

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New York New Jersey Community Pennsylvania 60

Jeff For Banks

MARCH 13, 2010

Franklin Financial Services Corporation, parent company for F&M Trust Bank in Chambersburg, Pennsylvania, invests in the Franklin Future Fund, a non-bank investment company that makes venture capital investments in the Cumberland, Franklin, Fulton, and Southern Huntingdon counties. They also employ members of the community.

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New York New Jersey Community Pennsylvania 60

Fintech Labs Insights

AUGUST 3, 2016

Pennsylvania State Employees CU implement account origination module from Temenos. Envestnet | Yodlee Forges Strategic Partnership with United Capital. Stay current on daily news from the fintech developer community! France’s Groupe BPCE Acquires Munich-based Fidor Bank. Alumni updates. Token opens new London office.

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Pennsylvania New York Community Software 12

American Banker

OCTOBER 23, 2020

The bank said the move will give it more flexibility for raising capital.

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Philadelphia Company Capital Pennsylvania 31

Jeff For Banks

SEPTEMBER 13, 2011

The rest of this post goes to our number 3 bank: #3: ESB Financial Corporation (Nasdaq: ESBF) of Ellwood City, Pennsylvania ESB started in 1915 as the Ellwood Federal Savings and Loan in Ellwood City. Last post was dedicated to the #4 Bank, Bank of the Ozarks of Little Rock, Arkansas (see post here ).

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Arkansas Charlotte Pennsylvania Management 67

Fintech Labs Insights

MARCH 28, 2016

Connects marketplace lenders to institutional capital. HQ: Braddock, Pennsylvania. Tags: SMB, expense management, expense reports, debit card, prepaid, accounting, bookkeeping, Y Combinator (investor), Community Federal Savings Bank (issuer). Source: FT Partners. Aspire Financial. Latest round: $750,000 Seed. Hockeystick.

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Company Fintech San Francisco New York City 12

Gonzobanker

DECEMBER 14, 2023

Not the financial industry’s “Troublemakers ” – those regional and community banks, credit unions and supporting fintech entrepreneurs who continue to engage customers and communities and find niches that keep the grassroots of our country’s financial system alive and kicking. We are in awe. Seriously in awe.

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Fintech Labs Insights

FEBRUARY 23, 2017

In a round led by Home Credit Group, core banking technology innovator NYMBUS raised $16 million in new capital. The funds build on the $12 million the FinDEVr/Finovate alum raised in the second half of last year, bringing its total capital to $28 million. “(It’s) the oldest technology in the world.

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New York Miami Pennsylvania Florida 17

Gonzobanker

DECEMBER 20, 2018

Goes to Greg Smith, retiring CEO of Pennsylvania State Employees Credit Union. CVB Financial acquires Community Bank. With active investment and community engagement, Hispanic membership growth at ICCU is now more than twice the rate of other household segments. Capital One quit mortgage late in 2017. Bravo Green Machine!

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