Abrigo
AUGUST 11, 2016
Joseph, a Michigan-based credit union, acquired Indiana-based Griffith Savings Bank. A recent article in the Milwaukee Wisconsin Journal Sentinel notes, “More community bank takeovers by large credit unions are likely.” Bank acquisitions by credit unions did not exist until 2011, when St.
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? According to my firm's profitability peer group, a branch with $74 million in average deposits made a mere pre-tax profit of three basis points.
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Jeff For Banks
DECEMBER 13, 2018
But once they turned things around they took their deferred tax asset back onto their books and did three acquisition. is the parent company of Willamette Valley Bank, a community bank headquartered in Salem, Oregon. Founded in 1980, Plumas Bank is a full-service community bank headquartered in Quincy in Northeastern California.
William Mills
DECEMBER 12, 2017
Between massive tax revisions and the end of net neutrality, small businesses are expected to struggle in the coming year, creating an opportunity for financial institutions to step in and provide real value. Among those companies were an impressive line-up of new and veteran organizations that were able to demo their solutions. Baker Hill.
PYMNTS
JANUARY 19, 2017
It looks as though Montreal, Canada’s robust AI community has left a good impression on tech giant Microsoft. Microsoft is excited to engage with faculties, students and the broader tech community in Montreal, which is becoming a global hub for AI research and innovation,” Brad Smith, president of Microsoft, said in a statement.
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