Independent Banker

OCTOBER 1, 2021

Ponce Bank has brought banking services to minority neighborhoods in the Bronx and greater New York City for more than six decades with a clear focus on community investment. Ponce Bank was founded in the South Bronx in 1960, a time when many financial institutions were packing up to leave.

Puerto Rico 113

Puerto Rico New York City Community New York 113

PYMNTS

AUGUST 12, 2019

26, and she will be based in New York City. Last month, Wells Fargo also added four new executives to its roster. 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.

New York City 179

New York City Pennsylvania New York Community Bank 179

American Banker

JULY 7, 2023

The acquisition of Malvern Bancorp, expected to close this month, would hasten First Bank's efforts to further fortify its footprint stretching from Philadelphia to New York City.

New Jersey 74

New Jersey New York City Philadelphia New York 74

Independent Banker

OCTOBER 31, 2021

The CARES Act extended the CECL implementation deadline for many larger community banks until the end of the COVID-19 pandemic. Community bankers tell us that while the extension is welcome, they’re already down the road to implementation. ICBA tells FASB CECL isn’t feasible for community banks. By Stephanie Vozza.

Community Bank 91

Community Bank Community Software New York City 91

PYMNTS

JULY 24, 2018

Amazon is expanding its Whole Foods Market delivery to new locations in New York and Florida. The organic grocery will now offer deliveries in New York City, Long Island and the Florida markets of Fort Lauderdale, Miami and Palm Beach. Synovus Acquires FCB Financial.

Apple 101

Apple Florida New York City New York 101

Independent Banker

DECEMBER 31, 2022

We recently spoke with community bank CEOs from across the country to gain insights on how they’re proactively positioning to manage risks and take advantage of growth opportunities in the coming year. Following some respite in 2022, community bankers are bracing for a tougher economic landscape ahead in 2023. Anita Drentlaw.

Community Bank 91

Community Bank Community Tampa North Carolina 91

American Banker

JULY 1, 2020

The transaction will create an $11 billion-asset banking company with operations in a number of markets around New York City.

New York City 65

New York City New York Operations Marketing 65

Banking 2020

SEPTEMBER 7, 2015

There was plenty of complexity, but at its heart the law set up a local board to review segments of the banking industry every two years, specifically to evaluate how financial services institutions with more than $6 billion in city deposits are doing their part to help less fortunate communities. That law just got shot down.

New York City 40

New York City New York Community Industry 40

Gonzobanker

MAY 8, 2015

The annual LendIt conference was held last month at Times Square in New York City and GonzoLender descended boldly on the scene to evaluate the mysterious underbelly of digital lending. The lending attack on community banks and credit unions has been waged. I’ll repeat that: one credit union and one community bank.

Conference 60

Conference Lending Community Bank Community 60

American Banker

APRIL 5, 2016

Amalgamated Bank in New York City has recruited an ex-American Express executive to develop its online banking platform and has created a new position to oversee corporate philanthropy.

New York City 28

New York City Online National New York 28

Gonzobanker

AUGUST 22, 2014

Mid-size banks are in the proverbial catbird seat – they can offer most of the products and sophistication of the top national banks combined with the service culture, community involvement, and local market knowledge of a smaller community bank.

Strategy 87

Strategy United States Community New York City 87

Fintech Labs Insights

MAY 28, 2015

“With our technology, community financial institutions can succeed in the $3.2 LendKey’s technology helps connect community banks and credit unions to millions of online borrowers. Founded in October 2007 and based in New York City, LendKey made its Finovate debut last month at FinovateSpring 2015 in San Jose.

San Jose 12

San Jose New York City Lending New York 12

Independent Banker

NOVEMBER 30, 2021

Many hotels and other hospitality businesses haven’t fully bounced back from COVID-19 travel and safety restrictions, but community banks have been by their side through the challenges. MainStreet Bank has a sizable hotel loan portfolio with roughly $100 million in loans on 15 properties. Sushil Patel, State Bank of Texas.

Community Bank 209

Community Bank Community Texas Dallas 209

Fintech Labs Insights

DECEMBER 14, 2015

Four Finovate alums were among the bunch: CBANC Network took in $4 million for it’s community bank information network. HQ: New York City. Community financial institution research network. HQ: New York City. Market data communications platform. Source: Crunchbase.

San Francisco 12

San Francisco Company Fintech New York City 12

CB Insights

MAY 15, 2019

It operates two labs, one in Washington DC and the other in New York City, which focus on ventures that can have a significant business impact in the short term (from six months to three years). Partnership Fund for New York City and Accenture — FinTech Innovation Lab. Founded: 2010.

Innovation 78

Innovation blockchain Technology Groups 78

Jeff For Banks

NOVEMBER 16, 2020

Jamie Dimon, CEO of JP Morgan Chase, said recently that we need to reopen the economy, safely of course, and especially in New York City. Dorothy Jaworski has worked at large and small banks for over 30 years; much of that time has been spent in investment portfolio management, risk management, and financial analysis.

Marketing 78

Marketing National New York City Taxes 78