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7 ways community banks can boost profitability

Independent Banker

Here’s what community bankers need to know when planning their budgets for the next year. These days, there’s a lot to contend with as a community bank, from changing consumer behaviors due to the pandemic to uncertainty surrounding the economy and inflation. By Cheryl Winokur Munk. Quick stat. Source: 2021 Provident Bank survey.

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Expedia Reportedly Near Deal To Sell $1B Stake To Silver Lake And Apollo

PYMNTS

Well-known private-equity firms Silver Lake and Apollo are poised to buy a $1 billion minority stake in Seattle-based travel listing giant Expedia Group Inc., In the meantime, Diller — long a media visionary — has been filling the position as new leadership is sought. according to The Wall Street Journal.

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Beneficial State Bank’s financial activism

Independent Banker

Under the leadership of CEO Randell Leach, Beneficial State Bank is pursuing an ambitious mission of financial activism and strong corporate values. The idea that community banking can be a force for positive change is at the heart of Beneficial State Bank, which engages its customers through financial activism. Photo: Ashley Courter.

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ABA Nominates Officers, Board for 2021-2022

ABA Community Banking

The American Bankers Association’s nominating committee—chaired by Laurie Stewart, president and CEO of Sound Community Bank, Seattle—has selected a slate of candidates for association officer positions and candidates for the association’s board of directors.

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GonzoBanker Awards 2017

Gonzobanker

Rainbolt has quietly built a community bank in the past 20 years that is closing in on $2 billion of market cap. For 35 years, Wilmers led M&T with creativity, integrity and the “old-school” wisdom of a community banker who created a $26 billion market cap company. THE BANKING AWARDS. GonzoBanker of the Year – Large Banks.

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Walmart Amazon Whole Paycheck Tracker: Grocery Upgrades, Entertainment Expansions

PYMNTS

According to reports, Amazon Go will be coming to a 10,400 square-foot grocery store in Seattle’s Capitol Hill neighborhood, where it is currently being tested. Ring users place their trust in us to help protect their homes and communities, and we take that responsibility very seriously,” a spokesperson said. CEO Greg Foran.

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Alt-Branch Banking: Be the Home for the Home

Fintech Labs Insights

Leadership in K-12 financial education. can’t provide a flow of inbound leads to the agents; this is where established FI brands can leverage their standing in the community (within RESPA guidelines, naturally). There are many options: Digital sales & marketing. Relationships with major local employers (eg.