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These Are Your Most Profitable Cash Management Clients

South State Correspondent

The treasury or cash management customer is usually a bank’s most profitable customer on a risk-adjusted basis ( HERE ). In this article, we discuss cash management profitability and rank the most profitable industries for banks to go after. As such, operating accounts have low-interest rate sensitivity.

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A digital-first bank for south Florida

Independent Banker

Banking veteran Keith Costello cofounded Locality Bank, where he serves as president and CEO, to champion for south Florida small businesses financially affected by the pandemic. After looking at the consolidation in our market, we concluded that the lack of community banks was the reason.”. Keith Costello, Locality Bank. “We

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Best Community Banks to Work For 2022

Independent Banker

Community Financial Services Bank, Benton, Ky.; In our annual workplace survey, employees of ICBA’s best community banks to work for told us they benefit from engaging cultures, opportunities for advancement and innovative benefits. We don’t operate from a position of fear.”. Bank of Montana, Missoula, Mont.; By Roshan McArthur.

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Popular Bank’s Commitment to Our Customers and Communities

PopularBank

A Message from Chief Operating Officer Manuel Chinea. Dear Customers, Partners and Community Members, Thank you for being part of our Popular Bank family. As we face the immediate and serious health concerns as a community, we are also seeing a much wider impact on all our lives as well as our local, national, and global economies.

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After Hurricane Michael, Credit Unions Step Up To Boost Rebuilding Efforts

PYMNTS

Innovations Federal Credit Union of Panama City, Florida, for one, is helping members get back on their feet by offering a hurricane assistance loan program and waiving fees. We’re over a month out now and [the community] is still unrecognizable.”. Fixing Communications, Reopening Branches.

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Branching Out: Physical Locations Boost CUs' Digital Plans

PYMNTS

The pandemic has cost more than 300,000 lives in the United States alone, and it has also challenged many institutions — such as credit unions (CUs) — that were never designed to operate on a primarily remote basis. Canada’s largest community credit union has announced that it is expanding its commercial network.

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For FinTech, The Age Of Big Bank Collaboration?

PYMNTS

digital operations head Edward Achtner said that the bank has been eyeing such efforts as partnerships. Separately, the European Central Bank , based in Frankfurt, Germany, has said that it chose Openlink to provide the bank’s risk and treasury management system. During the discussion, HSBC U.S. Terms of the deal were not disclosed.

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