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The community banks standing by hospitality customers

Independent Banker

Many hotels and other hospitality businesses haven’t fully bounced back from COVID-19 travel and safety restrictions, but community banks have been by their side through the challenges. For other borrowers, the $596 million-asset community bank allowed deferrals of principal or, in some cases, full payment deferrals. Photo: R.J.

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CRE risk management: Navigating hazards and opportunities

Abrigo

WATCH Takeaway 1 Banks and credit unions are critical sources of capital for businesses in their communities, so how institutions assess CRE credits matters. Critical capital Should CRE lending be off the table? But that might not be the best move for your financial institution or your community. They’re not your hometown.

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Think Small! A Tiny Canadian Credit Union Proves Rural Branches are Sustainable Too

NCR

As American banks wrestle over what to do with their brick-and-mortar branches, “migration to mobile” and “declining foot traffic” have become the new industry watchwords, and branch networks have begun to pull back for the first time in a generation. Face-to-face interaction has a different, tangible value in smaller communities.

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37 Corporate Innovation Labs In Finance

CB Insights

It operates two labs, one in Washington DC and the other in New York City, which focus on ventures that can have a significant business impact in the short term (from six months to three years). Partnership Fund for New York City and Accenture — FinTech Innovation Lab. Founded: 2010.