article thumbnail

Credit union joins list of lenders selling PPP originations

American Banker

Greater Nevada Credit Union, like a number of community banks, agreed to sell its Paycheck Protection Program loans to avoid having to navigate the complicated forgiveness process.

Nevada 70
article thumbnail

A Generative AI Decision-Making Guide for Community Banks and Credit Unions

The Financial Brand

This article A Generative AI Decision-Making Guide for Community Banks and Credit Unions appeared first on The Financial Brand. This article A Generative AI Decision-Making Guide for Community Banks and Credit Unions appeared first on The Financial Brand.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Bitcoin Daily: Dutch Parliament Cracks Down On Money Laundering; Busan Considers Launching Its Own Crypto

PYMNTS

And Jeffrey Berns announced that he has acquired a small community bank for $28 million. Berns, who revealed last year his plans to create a blockchain-focused master-planned community and e-sports arena in the Nevada desert, said the acquisition of the Las Vegas-based Kirkwood Bank of Nevada is an important step in reaching his goal.

Nevada 100
article thumbnail

Rebeca Romero Rainey: Shifts in lending

Independent Banker

While it has had some benefits, like stronger risk management for our banks, it has made the customer process much more daunting. But community banks have adapted to address that shift. So, while this next round of uncertainty will bring with it new challenges, the strength of the community bank business model remains intact.

Lending 141
article thumbnail

Fighting fire with funding

Independent Banker

The fire took many turns and created its own weather patterns,” says BJ North, executive vice president and chief banking officer of the $1.6 billion-asset community bank. “It Plumas Bank first made a $50,000 gift to the reserve, dubbed the Dixie Fire Fund. “We We lost a branch. We decided we wanted to do something.”.

Community 150
article thumbnail

Rebeca Romero Rainey: Create opportunities for new leaders

Independent Banker

Having that door opened to me unleashed a passion to do more to help community banks flourish. In my late 20s, I was honored to join the Board of the Independent Community Bankers of New Mexico, where I focused on ways I could help meet our state’s community banking needs. Connect with Rebeca @romerorainey.

article thumbnail

ICBA’s 2021 National Community Bank Service Award winners

Independent Banker

This year’s winners: Left: Central Valley Community Bank, People’s Choice Award; Middle: Kennebec Savings Bank, Exceptional Community Bank Service Award; Right: Cross River Bank, Emerging Service Program Award. Exceptional Community Bank Service Award. Kennebec Savings Bank.