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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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Community Banks Debut FinTech Alliance

PYMNTS

To that end, news came earlier this week in the United States that a dozen community and regional banks have formed a group aimed at exploring the opportunities amid FinTech offerings. Among the names joining up are Citizens & Northern Bank (based in Pennsylvania), Inland Bank (Illinois) and Lincoln Savings Bank (Iowa).

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First Bank to Expand in Pennsylvania with Malvern Deal

Banking Exchange

Plus: Georgia’s Piedmont Bank buys stake in lender; Texas-based Fidelity to change ownership Management Feature M&A Community Banking Feature3.

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Orrstown Financial buying Pennsylvania rival Codorus for $207M

American Banker

The acquisition would deepen Orrstown's presence in its home state and Maryland. Codorus Valley Bancorp in recent years had faced pressure from an activist investor to consider selling.

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Podcast: Behind the Scenes with a Community Bank’s PPP Loans

ABA Community Banking

Luke Bernstein, EVP at Orrstown Bank in Orrstown, Pennsylvania, discusses his bank's PPP lending. The post Podcast: Behind the Scenes with a Community Bank’s PPP Loans appeared first on ABA Banking Journal.

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Fundation Pulls Community Bank Into FinTech Collaboration

PYMNTS

Large financial institutions (FIs) are increasingly turning to FinTech firms and alternative lenders to augment their small business (SMB) offerings, but community banks are beginning to get on board with the partnership strategy , too.

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Community bank, fintech team up to serve gig-economy workers

American Banker

Somerset Trust in rural Pennsylvania has partnered with RoamHR, a financial platform that assists the self-employed, to add tax-withholding help for contract and temporary workers to the bank's services.