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In the news: Are community banks and credit unions overregulated?

Abrigo

A popular opinion, brought to the forefront last week by a Harvard University report , is that these regulations are imposing a significant burden on small financial institutions such as community banks and credit unions. She also added that community banks, specifically, have seen more than 11 percent growth.

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Provident in Massachusetts buys warehouse lending business

American Banker

The company acquired ResX Warehouse Lending from People's United Financial.

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Commercial Real Estate or Business Lending: Which Is Better?

Jeff For Banks

Me: Commercial Real Estate loans are the most profitable product in a community bank's arsenal and have been through various interest rate environments. Bank Senior Lender: Not when you consider the whole relationship. In a world of limited resources, which should you dedicate resources to pursue? But we have work to do.

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Podcast: Inside a Community Bank’s ESG Strategy

ABA Community Banking

On the latest episode the ABA Banking Journal Podcast, Berkshire Bank President and CEO Nitin Mhatre discusss Berkshire Bank's "BEST Community Comeback," a new $5 billion ESG-focused initiative at the Massachusetts-based midsize community bank.

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Podcast: How Multigenerational Directors and Engaged Employees Drive Bank Independence

ABA Community Banking

For nearly 200 years, Millbury National Bank has stayed independent as a commercially focused community bank in Massachusetts. Part of that independent tradition owes to the bank's history of multigenerational stewardship.

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PPP Funding Out But Not Necessarily Over; Lenders Preparing

Abrigo

“While we can make no promises about when or if this might come to fruition, we encourage you to continue applying online,” says the website of Main Street Bank in Marlborough, Massachusetts. Lending & Credit Risk. SBA Lending. Lending & Credit Risk. SBA Lending. Lending & Credit Risk.

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Hearing On BB&T/SunTrust Merger Raises Questions On Size

PYMNTS

Stephen Lynch of Massachusetts pointed to the fact as many as 740 branches of the banks are within two miles of one another — and he raised concerns about branch closings and job losses. billion for small business lending. In remarks to the committee, SunTrust CEO William Rogers Jr.

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