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Ponce Bank serves the underserved

Independent Banker

Ponce Bank has brought banking services to minority neighborhoods in the Bronx and greater New York City for more than six decades with a clear focus on community investment. They named the community bank after the Spanish explorer and governor of Puerto Rico, Juan Ponce de León, to honor its founders’ roots. “If Focused on community.

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Defendants in three CFPB enforcement actions seek dismissal based on Fifth Circuit decision holding CFPB’s funding mechanism is unconstitutional

CFPB Monitor

The Fifth Circuit’s decision in Community Financial Services Association v. CFPB would only be binding on federal district courts in in Texas, Louisiana, and Mississippi if it becomes final. Progrexion Marketing, Inc. , TransUnion also argues that the CFPB “may not expend unappropriated funds prosecuting this suit.”.

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Kings, Queens and unlocking dreams.

Long Lasting Ideas

Once in a blue moon – or in the case of this month, a “pink moon” – a story crosses our path at BankMarketingCenter.com that’s bigger than banking, bigger than community, a story that packs timeless truths for humanity. at Bank Marketing Strategy + Ideas. Continue reading Kings, Queens and unlocking dreams.

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OPINION: Is college worth it? Students can learn to calculate the payoff

PYMNTS

Investors in financial markets consider many complex variables to mitigate risks and maximize returns. It is less well known whether community college degrees are worth the cost. Evidence on labor market returns from associate degrees can be hard to come by. Community college students could benefit from similar advice.

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2021’s Best Community Banks to Work For

Independent Banker

Premium benefits packages, professional development and TLC during the pandemic—this year’s winners do everything in their power to keep their community bankers happy and fulfilled. We asked both leaders and staffers to tell us what makes their community banks stand out as employers. Key Community Bank: Leading by example.

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CFPB announces new appointments to advisory groups

CFPB Monitor

The CFPB announced the appointment of new members to its Consumer Advisory Board, Community Bank Advisory Council, and Credit Union Advisory Council. New members to the Consumer Advisory Board will serve three-year terms and new members to the Community Bank and Credit Union Advisory Councils will serve two-year terms. Kathleen C.

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Major Medium of Exchange

Independent Banker

We still have a high demand for cash,” says Tylynn Theis, vice president of Harvest Bank, a $130 million-asset community bank in Kimball, Minn. also sees a continuing, important role for cash and coins, even as the use of hard currency skews toward older customers at his $131 million-asset community bank. “We