Community Banks Accelerate FinTech Integrations

PYMNTS

For more community banks, the latter strategy can fast-track digitization initiatives. Finastra Chosen by Community FI. Community bank Five Star Bank is strengthening its card offerings through a partnership with Coserv , according to a recent press release.

Putting the ‘Community’ into Community Banking

ABA Community Banking

Banks contribute to their communities and local organizations in ways that matter a lot during the pandemic. The post Putting the ‘Community’ into Community Banking appeared first on ABA Banking Journal.

Insiders

Sign Up for our Newsletter

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

Trending Sources

7 ways community banks can boost profitability

Independent Banker

Here’s what community bankers need to know when planning their budgets for the next year. These days, there’s a lot to contend with as a community bank, from changing consumer behaviors due to the pandemic to uncertainty surrounding the economy and inflation.

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.

Level Setting and Peering Around the Corner— Tips for Success in Your Organization

Speaker: Steve Andrews, President & CEO of the Western Bankers Association 

This pandemic has tested the foundation of banks and the strength of the dollar. With all of us facing the same crisis, we are left with the same key questions, "Where are we now?" "Where are we going?" "How are we going to get there?" and "What impediments must we overcome?" Join Steve Andrews, President & CEO of the Western Bankers Association, for CBB's groundbreaking webinar! This exclusive webinar will go over the insider information your bank needs for level setting and peering around the corner. Steve will provide actionable insights, best practices, and real-world examples of the changing landscape of community banking.

Community Banks Embrace FinTech Pairings

PYMNTS

Through a collaboration with workflow management technology provider ProcessMaker, Abrigo is rolling out its Commercial Account Opening solution for community financial institutions.

The community bank’s complete guide to building trust

Independent Banker

But for most community banks, building a trustworthy brand isn’t a conscious effort. So first, we’ll look at how two community banks have become trusted pillars of the community through charity work and good old?fashioned billion-asset community bank. Build your community.

Roblox Acquires Digital Gaming Community Startup Guilded

PYMNTS

Online entertainment firm Roblox is working to close an acquisition deal for online gaming community connection startup Guilded, according to a press release on Monday (Aug. The Guilded team has a clear passion for empowering communities,” said David Baszucki, CEO of Roblox.

Podcast: Celebrating Bankers’ Community Commitment

ABA Community Banking

The ABA Banking Journal Podcast continues a pre-Thanksgiving tradition by interviewing the winners of ABA's 2020 Community Commitment Awards. The post Podcast: Celebrating Bankers’ Community Commitment appeared first on ABA Banking Journal.

Flagstar, New York Community Bancorp To Merge

PYMNTS

New York Metro-based New York Community Bancorp (NYCB) and Michigan’s Flagstar Bancorp have inked a merger agreement, the two banks announced in a Monday (April 26) press release. Banking banking Banks Flagstar Bancorp mergers New York Community Bancorp News What's Hot

Marketing-Led Post-COVID-19 Growth Strategies

Businesses are laying off workers, shutting their doors (some permanently), and struggling to react to the radical destruction that coronavirus (COVID-19) is doing to our society and communities. However, there’s no team better suited to lead that charge than the marketing department.

How Community Banks Survived the COVID Pandemic

ABA Community Banking

CEO survey reveals banks’ resilience, commitment to employees and communities. The post How Community Banks Survived the COVID Pandemic appeared first on ABA Banking Journal.

Community Banks’ Early Technology Investment Pays Off During Pandemic

ABA Community Banking

Community banks that invested more in technology before COVID-19 made more loans and took in more deposits during the pandemic than did community banks that invested less in technology, according to a new FDIC report.

CFPB Names New Members to Community Bank Advisory Council

ABA Community Banking

The CFPB today announced the appointment of new members to its Community Bank Advisory Council. The post CFPB Names New Members to Community Bank Advisory Council appeared first on ABA Banking Journal. Community Banking Newsbytes

Royal Credit Union buying Minnesota community bank

American Banker

Credit unions M&A Community banks

Rebeca Romero Rainey: Cornerstones of the community

Independent Banker

“As the cornerstones of the community, community bankers offer a light in the darkness of hard times.”. Bolstered by the unfailing dedication of community banks, our communities will continue to weather the storm. How do we support our communities in new ways?

Why Community Banks Go Public

Banking Exchange

A local bank going public can benefit both the community and its shareholders in the long run Community Banking Bank Performance Feature Management Feature3.

FDIC to Unveil Bank Fund to Invest in Underserved Communities

PYMNTS

The Mission-Driven Bank Fund, as it’s called, plans to invest only in banks working with minority, low-income and rural communities, which often don’t have the same access to long-term capital, according to the report. The Federal Deposit Insurance Corp.

FDIC 216

Supporting Communities with Personal Financial Management Tools

Strategically Speaking

Financial wellbeing is a lifelong journey with many twists and turns and no clear destination. As of August 2020, more than two-thirds of people in America (approximately 167 million people) are not financially healthy.

New York Community Bancorp, Figure Technologies To Partner On Blockchain Projects

PYMNTS

New York Community Bancorp (NYCB) has entered into a strategic relationship with Figure Technologies to work together on blockchain initiatives, according to a press release. Blockchain banking Figure Technologies New York Community Bancorp News partnerships What's Hot

The Community Bank Contrarian

ABA Community Banking

Whether it’s buying a mortgage division in 2009 or building a diversified product set in an age of nichification, community bank CEO Luanne Cundiff zigs when pundits say to zag. The post The Community Bank Contrarian appeared first on ABA Banking Journal.

United Bankshares Buys Community Bankers Trust

PYMNTS

United Bankshares, the parent company of United Bank , has entered into a merger agreement with Community Bankers Trust, the parent company of Essex Bank, the companies announced in a Thursday (June 3) press release. Community Bankers Trust President and CEO Rex L.

Community Banks Drive Innovation For SMBs With FinTech Collaboration

PYMNTS

NBH Bank Holdings Executive Vice President and Chief Digital Officer Valerie Kramer spoke with PYMNTS about why it can be especially valuable for smaller community banks and CUs to embrace the collaborative spirit, and which technologies she views as particularly impactful for the SMB community.

Online Art Community DeviantArt Debuts Artist Subscription Service

PYMNTS

The subscription service follows the online art community’s recently launched online art protection service and new offers with Wix and BitPay.

Podcast: Inside a Community Bank’s ESG Strategy

ABA Community Banking

On the latest episode the ABA Banking Journal Podcast, Berkshire Bank President and CEO Nitin Mhatre discusss Berkshire Bank's "BEST Community Comeback," a new $5 billion ESG-focused initiative at the Massachusetts-based midsize community bank. The post Podcast: Inside a Community Bank’s ESG Strategy appeared first on ABA Banking Journal.

US Telehealth Services Gets $20M Boost for Rural, Underserved Communities

PYMNTS

to 9 health organizations to build sustainable tele-mentoring programs and networks in rural and medically underserved communities and $4.55

Community Bank Outlook: Challenges and Opportunities in 2021 and Beyond

Abrigo

How can community financial institutions thrive in 2021? Community banks provide unique and important banking services for their customers, but they also face significant obstacles. Takeaway 2 Community banks are at a crossroads: innovate or be left behind (or acquired).

Podcast: The Community Bank Cycle of Opportunity

ABA Community Banking

Today, Nogueira pays this opportunity forward through community banking as president and CEO of ECSB. The post Podcast: The Community Bank Cycle of Opportunity appeared first on ABA Banking Journal.

FDIC Launches Fund to Support Underserved Communities

Banking Exchange

$120 million pledged by anchor investors including Microsoft, Truist Financial and Discovery to support low- and moderate-income minorities and rural communities Feature Feature3 Socially Responsible Investing SRI Diversity Community Banking.

FDIC 78

Digital shortfalls may be biggest threat to community FIs

BankInovation

Business Banking Community Bank digital banking Mantl Premium small business

Rebeca Romero Rainey: Focusing on our communities

Independent Banker

Unlike our credit union counterparts, we pay taxes, and those tax dollars are spent at home to ensure our communities grow. As we kick off Community Banking Month, I can’t help but reflect on that statement and the changes of this past year. Photo by Robert Severi.

Community First Credit Union on How Call Centers Can Help CUs Personalize Loan Applications

PYMNTS

Community First’s jump in call volume coincided with an increase in the demand for loans to ease pandemic-related economic distress. Credit Unions automation banking call centers Community First Credit Union Credit Union Tracker credit unions financial institutions loans online banking PSCU

Oregon Community Credit Union launches digital platform

Bank Innovation

Oregon Community Credit Union (OCCU) has launched phase one of its digital platform, a move meant to “set the foundation” for the credit union’s new focus toward automation, Chris Whittaker, vice president of consumer lending, told sister publication Auto Finance News on Monday. Carousel Innovation Strategy Lending Premium Product Design Retail Banking Auto Finance News credit unions Oregon Community Credit Union

Oregon 150

Berkshire Hills bets $2 billion on underserved communities

American Banker

ESG Community banking

Community Bank System acquires employee benefits firm

American Banker

M&A Community banks