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Maryland Community Bank Wades Into Cannabis Market

PYMNTS

Reports in The Washington Post this week profiled Severn Savings Bank, a community bank in the state that is said to be providing services to legal marijuana businesses. The dispensaries and growers told The Washington Post that they have to pay significant fees, noting that they cannot write checks or take out loans from the bank.

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Best Community Banks to Work For 2022

Independent Banker

Community Financial Services Bank, Benton, Ky.; In our annual workplace survey, employees of ICBA’s best community banks to work for told us they benefit from engaging cultures, opportunities for advancement and innovative benefits. Clockwise from top left: Grand Ridge National Bank, Wheaton, Ill.; Bank of Montana, Missoula, Mont.;

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At last, a Washington idea community banks and credit unions can use.

Long Lasting Ideas

Often in this space, we’ve written about how Washington has made community banks its personal punching bag. Sarbanes-Oxley, Dodd-Frank, the FDIC and other financial regulators – as well as Congress and the White House — have not been friendly to community banks, all while bailing out Wall Street big boys.

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Chase Plans Expansion In Top US Markets In 2019

PYMNTS

Chase has announced it is expanding its retail footprint into nine of the top American markets, as well as opening dozens of new locations in the greater Washington, D.C The bank said about 30 percent of the branches will be in low or moderately low income communities. area, Philadelphia and Boston.

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Fed Chairman Concerned Over Shrinking Bank Market

PYMNTS

.” Other critics have raised the issue that the OCC is advising examiners to take community group concerns into consideration separately from their M&A approval processes. ” Now, Powell is also raising concerns about how bank industry consolidation could negatively impact the small business community.

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Fighting Food Insecurity in Vermont and New Hampshire: A Community Effort

Ublocal

Union Bank’s Contributions to Combating Food Insecurity At Union Bank, we recognize that food insecurity exists in and affects every community, and we make it a priority to work one-on-one with many area organizations in an effort to reduce the impact of food insecurity and increase our residents’ access to fresh, healthy food.

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NCR Launches Business Banking Mobile For Community Banks, Credit Unions

PYMNTS

The app will enable community financial institutions (CFIs) to compete with larger financial institutions by providing their business banking customers with iOS and Android access to this secure and easy-to-use account management platform. NCR announced on Thursday (Sept. 22) it launched a new app dubbed Business Banking Mobile.

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