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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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Rebeca Romero Rainey: Community service is at our industry’s heart

Independent Banker

Community service is a timeless tradition that’s core to every community bank.”. As I work on this column, I’m in Santa Fe, preparing to speak at the Independent Community Bankers Association of New Mexico’s annual convention. Community service is a timeless tradition that’s core to every community bank.

Community 132
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Massachusetts bank rebranded to reflect national push

American Banker

Provident Bank was recast as BankProv to avoid confusion as it adds business lines and enters new markets.

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Regional Banks Guide Corporates To Future-Proof Accounts Payable

PYMNTS

People’s United Bank, which operates across Connecticut, southeastern New York state, Massachusetts, Vermont, Maine and New Hampshire, recently demonstrated the growing interest of community banks to collaborate with FinTechs to expand their product offering — just as larger national and multinational financial institutions (FIs) do.

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One-Size-Fits-All Is Wrong Approach to Banking, New ABA Chairman Says

American Banker

Dorothy Savarese, the head of Cape Cod Five Cents Savings Bank in Massachusetts, seeks a financial system where the rules encourage community banks and big banks to do the things that they are best at.

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Bankers and Strategic Bets. A Slow Embrace.

Jeff For Banks

Six years ago I asked in a blog post Will Plain Vanilla Kill Community Banking ? Leader Bank - A $1.2 billion in assets Massachusetts bank developed Zrent so it's landlord customers could more efficiently collect rent from tenants. The bank now licenses the product to other financial institutions.

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Could Loophole Help Explain Rise in Credit Unions' Business Lending?

American Banker

A study commissioned by the Massachusetts Bankers Association found a correlation between a spike in credit unions with low-income designations and an increase in member business lending in the state.

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