Remove Community Bank Remove Management Remove Puerto Rico Remove Regulation
article thumbnail

Banking's Top 5 Total Return to Shareholders: 2022 Edition

Jeff For Banks

Each employee has an ownership stake in the bank through its Employee Stock Ownership Plan. In 2021, the bank expensed over $530 thousand to the ESOP to benefit employees. Twenty-six percent of the bank is owned by the Board, Executive Management, and the ESOP. and Puerto Rico banking laws and regulations.

article thumbnail

Guest Post: Second Quarter Economic Commentary by Dorothy Jaworski

Jeff For Banks

Investors will now worry about the ripple effect from other countries with debt levels that are unsustainable, including Spain, Portugal, Italy, and closer to home, Puerto Rico, and who have economies that are weak. First Federal Update After our merger is approved by regulatory agencies, we will become part of Penn Community Bank.