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Peapack-Gladstone sets sights on New York City

American Banker

The New Jersey institution has hired Jeanne Scungio, a veteran banker who ran First Republic Bank's New York operations, to oversee its expansion into the Big Apple.

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Charles Potts: Back-office innovation

Independent Banker

Operations play a role across multiple facets of community banking, including account onboarding, payments and transactions, fraud analysis, compliance and regulatory guidelines. On a practical level, what steps can community banks take to strengthen their back-office operations? Consider collaboration opportunities.

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Wells Fargo Taps Former Mastercard Exec To Run Merchant Services

PYMNTS

26, and she will be based in New York City. Last month, Wells Fargo also added four new executives to its roster. The company revealed that David Kowach has been named head of community banking, while Jim Hays has come on board as president and head of Wells Fargo Advisors. Her first day will be Aug.

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Ponce Bank serves the underserved

Independent Banker

Ponce Bank has brought banking services to minority neighborhoods in the Bronx and greater New York City for more than six decades with a clear focus on community investment. Ponce Bank was founded in the South Bronx in 1960, a time when many financial institutions were packing up to leave.

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Are banks taking advantage of the CECL extension?

Independent Banker

The CARES Act extended the CECL implementation deadline for many larger community banks until the end of the COVID-19 pandemic. Community bankers tell us that while the extension is welcome, they’re already down the road to implementation. ICBA tells FASB CECL isn’t feasible for community banks. By Stephanie Vozza.

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CEO Roundtable: Ideas for a successful 2023

Independent Banker

We recently spoke with community bank CEOs from across the country to gain insights on how they’re proactively positioning to manage risks and take advantage of growth opportunities in the coming year. Following some respite in 2022, community bankers are bracing for a tougher economic landscape ahead in 2023.

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Lack of an M&A Strategy May Leave You Dateless at the Prom

Gonzobanker

Mid-size banks are in the proverbial catbird seat – they can offer most of the products and sophistication of the top national banks combined with the service culture, community involvement, and local market knowledge of a smaller community bank. Sure – but slowly. The point here is to get creative.