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Podcast: Inside a Community Bank’s ESG Strategy

ABA Community Banking

On the latest episode the ABA Banking Journal Podcast, Berkshire Bank President and CEO Nitin Mhatre discusss Berkshire Bank's "BEST Community Comeback," a new $5 billion ESG-focused initiative at the Massachusetts-based midsize community bank.

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COVID-19 Scams Target The Business Community

PYMNTS

500,000 or more in fines may be issued to a Massachusetts woman who pleaded guilty to taking part in a BEC scam, according to a press release by the U.S. According to reports, those arrested include CEOs, accountants and managing directors, with a total of more than 6,600 fraudulent entities unearthed in government investigations.

Community 219
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Hearing On BB&T/SunTrust Merger Raises Questions On Size

PYMNTS

Maxine Waters of California said the merger, the largest in the sector since the financial crisis, may be “too big to manage.”. Stephen Lynch of Massachusetts pointed to the fact as many as 740 branches of the banks are within two miles of one another — and he raised concerns about branch closings and job losses.

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The 2023 GonzoBanker Awards

Gonzobanker

Meanwhile, technology changes continued at a breakneck pace, with generative AI the biggest topic around management tables. Our Troublemaker clients reacted to all this mayhem by keeping their focus on customers, making good loans, sticking to their digital transformation strategies, developing employees and giving back to their communities.

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My Fantasy Banking Team

Jeff For Banks

Prior to BofI, he was an investment banker, management consultant, and attorney to the banking industry. Selection: Mitch Englert, EVP of Community Banking, Capital City Bank Group, Inc. I focused on traditional community banks and did not consider high yield type banks such as credit card banks. Imagine that.

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The Real Benefit of Intelligent Automation

Jeff For Banks

And easier is what me and my colleagues hunt for when we do process improvement projects at community financial institutions. The ability to deliver community banking services in the manner desired by your customers. This article relates to my firm's Profit and Process Improvement and Strategic Management services. Believe me.

Survey 60
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CFPB’s Taskforce on Federal Consumer Financial Law releases report

CFPB Monitor

The Taskforce identified the following three “overarching principles” as animating its drafting of the report: Consumer protection policy should be particularly attentive to the consequences for inclusion and access by previously underserved communities. Fintech regulation. Small dollar credit.

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