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How community banks can help young homebuyers

Independent Banker

But there are ways community banks can help mortgage-seekers get on the property ladder. year-over-year increase in the first quarter of 2022, according to the National Association of Realtors (NAR). Burmis, senior vice president and retail lending manager at $450 million-asset Chelsea State Bank in Chelsea, Mich.

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Key Under the Mat

Independent Banker

When Target agreed to reimburse affected MasterCard-issuing banks roughly $19 million following the retailer’s massive 2013 data breach, which incurred significant costs for thousands of community banks, it gave community banks a choice—either accept the meager settlement or continue the costly and risky road of litigation.

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The Thinker

Independent Banker

The Peoples Bank Co. Coldwater, Ohio. Retail locations: Seven. While out-of-town lenders gave money to customers requiring no down payments to buy overpriced homes that they couldn’t afford, Hartings, the president and CEO of The Peoples Bank Co. Hartings required down payments for the bank’s home mortgage borrowers.

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Welcome to New Orleans

Independent Banker

New inspirations, fresh experiences await at ICBA’s national convention. Welcome to the Crescent City, where the largest educational gathering of community bankers convenes this month. It’s Community Banking LIVE 2016 in New Orleans. The Peoples Bank Co. Coldwater, Ohio. General Session Speakers. jjhartings.

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Who were ICBA’s Top Lenders of 2022?

Independent Banker

The Peoples Bank helped the Jones family of Legacy Dairy in Hiseville, Ky., From left, Ally Jones; bank chairman, president and CEO Terry L. Last year, community bank loan producers were faced with both record-low interest rates and a glut of deposits. The bank provides crop insurance to farmers in 11 states.

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The 2022 GonzoBanker Awards

Gonzobanker

Hats off to Thomas Shara at Lakeland and Tony Labozzetta of Provident for architecting the new $25 billion super-community bank in New Jersey. The Smarter Bank Talent Award. Core System Deal of the Year: Bank. FIS wins Valley National with IBS platform. Provident Financial Services, Inc. talent market. Goes to CSI.

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