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A New Era for Business Continuity Management for Community Financial Institutions

Jack Henry

The US banking industry has been a vital part of our nation all the way back to 1780 when the Bank of Pennsylvania was founded by Philadelphia merchants to fund the American Revolutionary War.

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Banks and CDFIs: Partnering for community impact

Abrigo

And to thrive, those customers need economically diverse and healthy communities in which to live and work. Partnering with local organizations to promote the health of those communities is often a top priority for banks. communities where capital tends to be scarce. Banks and CDFIs will also frequently co-invest in projects.

Community 246
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WSFS Buys Wealth Manager in Philadelphia

American Banker

has bought the assets of West Capital Management in Philadelphia. WSFS Financial in Wilmington, Del.,

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Philly Consortium Advances ‘Regenerator’ Concept For SMBs

PYMNTS

Put forth by a consortium of Philadelphia-area advocacy groups and academics, a Regenerator is a kind of public-private partnership that will coordinate available resources and find new ones to help individual businesses survive. “As It’s called Main Street Regenerators.

Maine 138
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Chase Plans Expansion In Top US Markets In 2019

PYMNTS

area, Philadelphia and Boston. The bank said about 30 percent of the branches will be in low or moderately low income communities. This expansion marks a major milestone for our firm by allowing us to serve more customers, small businesses and communities across the country,” said Thasunda Duckett, CEO of consumer banking for Chase. “To

St. Louis 145
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The benefits of micro-lending programs

Independent Banker

These community banks are working to fix that through microlending programs. Now, some community banks are launching microlending programs to redress the balance. That realization sparked the idea at Summit Bank to create a microloan program that would target underserved groups in its communities. By Beth Mattson-Teig.

Lending 150
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Loan-pricing models: What to consider for loan origination software

Abrigo

Adams, supervising examiner at the Federal Reserve Bank of Philadelphia, pricing is a key underwriting factor that should be addressed as part of a sound loan policy. Management must ensure that an appropriate pricing structure is established and implemented for each type of loan product offered,” Adams wrote. According to James L.

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