Independent Banker
NOVEMBER 30, 2022
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.
PYMNTS
JANUARY 4, 2017
Among the new firms on the roster, in alphabetical order: Enrichment Federal Credit Union, First Security Bank of Arkansas, Marion & Polk Schools Credit Union, Merchants Bank of Indiana, Northern Michigan Bank & Trust, Ohnward Bank and Trust, Postel Family Credit Union, River Cities Bank, River Town Bank, Simplicity Credit Union, SouthPoint (..)
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Jeff For Banks
JULY 5, 2022
First Internet Bank in Indiana was founded in 1998. And a branch, on average, cost about 1% of deposits in direct operating expenses. And oh by the way, it cost another 1% to support the operating expenses of support functions back at headquarters. Build a positive culture with operating discipline.
CFPB Monitor
SEPTEMBER 21, 2020
Last week, the CFPB announced the appointment of new members to its advisory committees: Consumer Advisory Board (CAB), Community Bank Advisory Council (CBAC), Credit Union Advisory Council (CUAC), and Academic Research Council (ARC). Community Bank Advisory Council . Tim Welsh, Vice Chairman Consumer and Business Banking, U.S.
Jeff For Banks
MARCH 5, 2021
Shouldn't the CFPB work to address the impediments to starting a bank in LMI markets rather than punish community banks who scrambled to serve their customers when the economy shut down? The operating cost is largely attributable to the distribution through the branch network and regulation. The edited Q&A is below.
PYMNTS
DECEMBER 4, 2020
Q3 operating profit hit $792 million, up from $254 million the previous year. The company further noted that it has made “continued investments to support and safeguard associates, customers and communities, nearly $1.3 He pointed to total company sales, which hit $29.7 Earnings per share (EPS) reached $.80, 80, up from $.32.
Jeff For Banks
APRIL 25, 2014
"Our combined financial institution will offer a wider array of products and services while continuing our long-standing personal commitment to our customers and community." - Gregory Schreacke, President of First Financial Service Corporation in Elizabethtown, KY on his bank''s sale to Community Bank Shares of Indiana, Inc.
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