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Community Banks Debut FinTech Alliance

PYMNTS

To that end, news came earlier this week in the United States that a dozen community and regional banks have formed a group aimed at exploring the opportunities amid FinTech offerings. Among the names joining up are Citizens & Northern Bank (based in Pennsylvania), Inland Bank (Illinois) and Lincoln Savings Bank (Iowa).

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Fundation Pulls Community Bank Into FinTech Collaboration

PYMNTS

Large financial institutions (FIs) are increasingly turning to FinTech firms and alternative lenders to augment their small business (SMB) offerings, but community banks are beginning to get on board with the partnership strategy , too. They’re very disciplined on credit and interest rate risk,” he said.

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Podcast: Behind the Scenes with a Community Bank’s PPP Loans

ABA Community Banking

Through the Small Business Administration's Paycheck Protection Program, banks delivered the biggest economic rescue program in U.S. Luke Bernstein, EVP at Orrstown Bank in Orrstown, Pennsylvania, discusses his bank's PPP lending.

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Community Bank History: Peoples National Bank, Hallstead, Pennsylvania

Jeff For Banks

Community banks tout themselves as better than national and regional banks because of how close they are to their communities. But this opinion ignores the generations of history many banks across our great land have built. When the bank opened in 1905, Hallstead was already a thriving community.

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Growing a mortgage portfolio: Encourage borrowers to bank local

Abrigo

With mortgage rates down in the US , many homebuyers are looking locally to their community banks to finance their new, potentially life-changing purchase. In the spirit of the go local movement, new data from Sageworks Bank Information peeked in on 10 cities to see which community banks were making an impact on local mortgage lending.

Cleveland 150
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Wells Fargo Taps Former Mastercard Exec To Run Merchant Services

PYMNTS

She graduated from Spelman College and earned her MBA from The Wharton School at the University of Pennsylvania. The company revealed that David Kowach has been named head of community banking, while Jim Hays has come on board as president and head of Wells Fargo Advisors. Her first day will be Aug.

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These Are Your Most Profitable Cash Management Clients

South State Correspondent

Here, a tool like IBIS World comes in handy for setting bank strategy as you can look up any of the below industries to see their geographical dispersion. National and regional banks control 70% of the cash management market, yet most cash management customers choose their bank because of service.