Jeff For Banks

MAY 4, 2013

On a recent Sunday, the headliner in the Business Section was about the retiring Bob Enck, a long time community banker in my hometown, Elizabethtown, Pennsylvania. Bobby Enck is a relic of an old time era in banking, when you started and finished your career at the community bank in the center of town.

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PYMNTS

NOVEMBER 13, 2020

Hilco Streambank is an advisory company focused on intellectual valuation and disposition and is the “premier intermediary in the consumer brand, internet and telecom communities,” according to the announcement. Century 21 stores announced on Sept.

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American Banker

DECEMBER 18, 2019

The Pennsylvania company will pay $65 million for six branches that will join its Buffalo, N.Y., division.

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Jeff For Banks

JULY 5, 2022

I know, my first job in banking in 1985 at Northeastern Bank of Pennsylvania was making microfiche. In Pennsylvania, Rocket has number 1 market share. And a branch, on average, cost about 1% of deposits in direct operating expenses. Build a positive culture with operating discipline. I'm bullish on community banking.

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PYMNTS

NOVEMBER 12, 2020

The company, which currently operates 156 grocery stores, noted that the complimentary pickup is available on all Fast Lane orders that are at least $50, while half-off delivery is available on orders of more than $100. Giant Eagle Unveils Multi-Tier Rewards Program.

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PYMNTS

AUGUST 20, 2020

What happens if Main Street becomes less a proving ground for smaller businesses — born of, and serving, local communities — and more a collection of larger firms, well-capitalized, but already enjoying competitive advantages? Millions of smaller businesses are grappling with the impacts of the pandemic. The smallest loan, at $1.5

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PYMNTS

JUNE 10, 2016

“Amazon is always looking for the best and brightest software engineers to join our team,” said Dave Glick, VP of operations technology for Amazon. So do the college communities of University of California, Santa Barbara and University of Cincinnati.

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PYMNTS

JANUARY 29, 2020

As online lending platforms proliferate among the SMB borrowing community, however, experts warn that a lack of regulation means these companies rarely publicly reveal interest rates and fees. On top of that, MacKrell said the government is not sufficiently enlightening the small business community about the risks of online lenders.

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Independent Banker

SEPTEMBER 25, 2014

Pennsylvania community bank compliance officer, James E. Mastroianni, as vice president for Sweickley Savings Bank, leads much of the compliance efforts at the $330 million-asset community bank in Coraopolis, Pa. IB: How does technology play a role in your bank’s compliance operations? Compliance officer James E.

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Jeff For Banks

NOVEMBER 3, 2019

Nor do they perform worse." ~ Katherine Klein, University of Pennsylvania Do you know how difficult my life might become for the above quote? I have observed that the best functioning boards are not dominated by one or two voices, that operate at the level of what a board should operate at, and challenge each other and management.

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Jeff For Banks

DECEMBER 28, 2023

I work for The Kafafian Group, a community bank consulting firm based in Bethlehem, Pennsylvania. Many of my readers might not know what my firm does, so I want to dedicate this post to the problems we help community bankers solve. We guide your institution into creating an operating plan, or the "how" to strategy execution.

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American Banker

AUGUST 8, 2016

has tapped its chief operating officer as its next leader. NexTier Bank in Butler, Pa.,

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Jeff For Banks

DECEMBER 13, 2018

is the parent company of Willamette Valley Bank, a community bank headquartered in Salem, Oregon. The Bank operates five full service offices. It also operates 13 Home Loan Centers in Oregon and Idaho. Founded in 1980, Plumas Bank is a full-service community bank headquartered in Quincy in Northeastern California.

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PYMNTS

SEPTEMBER 27, 2019

Walmart said in the announcement of the training, “the upskilled workforce will help the retailer make quality healthcare more affordable and accessible for customers in the communities it serves.”. Beyond the training program, Walmart’s Sam’s Club is collaborating with multiple healthcare companies to offer discounts on routine care.

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PYMNTS

AUGUST 8, 2017

Pittsburgh is an attractive location for both entrepreneurs and investors because of the startup community and the number of talented people educated in this region,” Galluzzo said. The most surprising thing about operating a business here is how much talent there is in Pittsburgh, especially in robotics.

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American Banker

NOVEMBER 23, 2016

The Pennsylvania company has redoubled its outreach to low- and moderate-income consumers by partnering with Operation Hope on a down payment assistance program and naming a veteran banker to the newly created post of director of fair and responsible banking.

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PYMNTS

MARCH 11, 2016

Criminals, for example, like the Czech national Thomas Jiikovský, who pled guilty to operating a $150 million Ponzi scheme in what is believed to be the first bitcoin securities fraud case. And, according to Patrick McDaniel, a computer scientist at Pennsylvania State University, bitcoin is “the frontier of economics.”

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Jeff For Banks

DECEMBER 1, 2015

In the chart below, derived from The Kafafian Group’s (TKG) peer database of hundreds of community bank branches, we see that the revenue generated from deposit spreads, asset spreads (typically consumer loans), and fees (typically deposit fees) as a percent of branch deposits averaged 2.08% for commercial banks and 1.88% for thrifts during 2014.

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Jeff For Banks

DECEMBER 7, 2019

billion in assets community bank with 22 branches that encircle the Seattle Sound. Two weeks ago I was at Cara Mia's having a chicken parm two blocks from their headquarters in Dunmore, Pennsylvania. Founded in 1980, Plumas Bank is a full-service community bank headquartered in Quincy in Northeastern California. They are a $6.2

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Jeff For Banks

NOVEMBER 14, 2010

I''m talking about First Commonwealth Financial Corporation ("FCF") and S&T Bancorp ("S&T") of Indiana, Pennsylvania. Most readers have no idea where on a map you can find Indiana, Pennsylvania. Indiana and its surrounding communities lack the growth that can support such ambitions.

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Jeff For Banks

MAY 21, 2011

But there are exceptions, such as how Wayne Bank in Honesdale, Pennsylvania implemented a leadership change flawlessly. Community FIs used to have very predictable shareholders. They were typically within our communities, liked the dividend, and were proud to own a piece of their local bank.

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Leadership Community Pennsylvania Capital 73

Jeff For Banks

MARCH 13, 2010

His conclusion remains true, however, as much then as now: business has no social responsibility except to maximize profits within the laws and ethical norms of the society in which it operates. Franklin recognizes that new business generation is critical to the success of the communities in which they operate.

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Jeff For Banks

MARCH 13, 2010

His conclusion remains true, however, as much then as now: business has no social responsibility except to maximize profits within the laws and ethical norms of the society in which it operates. Franklin recognizes that new business generation is critical to the success of the communities in which they operate.

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Banking 2020

AUGUST 24, 2015

For community banks or credit unions who are thinking about search, what would you say is the easiest way for someone to get started with a program? She later joined the digital leadership team at SunTrust Bank where she was primarily accountable for strategy and operations of their public websites. Sabrina : That makes sense.

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Banking 2020

AUGUST 18, 2015

For community banks or credit unions who are thinking about search, what would you say is the easiest way for someone to get started with a program? She later joined the digital leadership team at SunTrust Bank where she was primarily accountable for strategy and operations of their public websites. Sabrina: That makes sense.

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Industry Pennsylvania Marketing Mobile 40

Jeff For Banks

SEPTEMBER 13, 2011

The rest of this post goes to our number 3 bank: #3: ESB Financial Corporation (Nasdaq: ESBF) of Ellwood City, Pennsylvania ESB started in 1915 as the Ellwood Federal Savings and Loan in Ellwood City. ESB operates like many other thrifts. But you can''t argue with results.

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Jeff For Banks

JULY 14, 2021

Did we undertake a bankwide process improvement to ensure as we grew the bank achieved positive operating leverage that accelerated earnings and therefore capital? J4B Take : The greatest uncertainty facing community banking is relevance. JFB Take: The market leader in mortgage origination in my home state of Pennsylvania is Quicken.

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CFPB Monitor

JULY 11, 2022

Although the Fed never officially voted to approve or disapprove the Official Staff Commentary, the Fed delegated to the Director of the Office of Community and Consumer Affairs the authority to issue Official Staff Commentary. As part of that review, the experts should consider if Official Staff Commentaries should be used.

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Jeff For Banks

DECEMBER 9, 2014

billion in asset community bank based in Spokane and founded in 1902, I had 74,900 hits. Strategy team''s perform a Situation Analysis prior to developing bank strategy, surveying reams of facts to get an accurate assessment of their operating environment. In fact, when I searched (via Bing) "Washington Trust Bank", a $4.7

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Gonzobanker

DECEMBER 14, 2023

Not the financial industry’s “Troublemakers ” – those regional and community banks, credit unions and supporting fintech entrepreneurs who continue to engage customers and communities and find niches that keep the grassroots of our country’s financial system alive and kicking. We are in awe. Seriously in awe.

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PYMNTS

JUNE 30, 2017

Moller-Maersk said Thursday that most of its terminals are now operational, though some terminals are “operating slower than usual or with limited functionality.” They’re also becoming more endemic, as those threats permeate and spread from our IT networks into the vital operations of our business sectors and our public sectors.”.

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CB Insights

FEBRUARY 16, 2018

on the horizon, CRISPR has reached a new peak in interest from outside the scientific community. . Currently (as of 2/13/18), the University of Pennsylvania is awaiting the FDA’s final approval to start a study that would evaluate the safety of using CRISPR for patients with multiple myeloma, melanoma, and sarcoma.

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CB Insights

FEBRUARY 16, 2018

on the horizon, CRISPR has reached a new peak in interest from outside the scientific community. . Currently (as of 2/13/18), the University of Pennsylvania is awaiting the FDA’s final approval to start a study that would evaluate the safety of using CRISPR for patients with multiple myeloma, melanoma, and sarcoma.

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Gonzobanker

DECEMBER 19, 2016

Kim, the executives and the boards of both organizations who put rivalry aside to gain scale in the new world of banking where differentiation matters and community can be more than geography. A Gonzo community bank being a leader and not a fast follower – that’s pretty cool! The big bang project is over.” Check it out on YouTube.

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Utah System Community Marketing 60

Gonzobanker

DECEMBER 19, 2016

Kim, the executives and the boards of both organizations who put rivalry aside to gain scale in the new world of banking where differentiation matters and community can be more than geography. A Gonzo community bank being a leader and not a fast follower – that’s pretty cool! The big bang project is over.” Check it out on YouTube.

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Utah System Community Marketing 60

Fintech Labs Insights

FEBRUARY 2, 2017

Headquartered in Pittsburgh, Pennsylvania and New York City. Kundu: Our InSpirAVE roadmap is on-track harnessing the full potential of our P2P savings marketplace with AI facilitating increasingly greater capabilities for users in discovering their aspired goals as well as in creating content to engage their well-wishing community.

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PYMNTS

NOVEMBER 30, 2018

Payless shoes is offering a pop-up shop in Times Square already (with more pop-up locations planned for Whittier, California; Alpharetta, Georgia; Paramus, New Jersey; Limerick, Pennsylvania; Clarksburg, Maryland; Hagerstown, Maryland; Hickory, North Carolina; and El Paso, Texas).

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