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Community Banks Aim To Amplify Competitive Edge With FinTechs

PYMNTS

In July 2017, the Federal Deposit Insurance Corporation (FDIC) held a meeting with a group of community bankers which told officials about the competitive pressures they’re facing from FinTechs. As the community banking sector explores how to address the FinTech competitive threat, they’re also facing headwinds from regulators.

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Top 5 Total Return to Shareholders: #4 Bank of the Ozarks

Jeff For Banks

Neither supported this regional president''s opinion. What is interesting about the success of Bank of the Ozarks and its CEO is the fact that he wasn''t the "experienced banker" regulators almost insist upon when approving the appointment of bank leadership. Bank of the Ozarks and their regulators were not so myopic in their view.

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First New Community Bank In Decades Headed To US Market

PYMNTS

is set to see its first new community bank in decades, as the Federal Deposit Insurance Corporation (FDIC) lent its approval for MOXY Bank to launch in Washington, D.C. The bank is one of several newly proposed community banks in the region, with goals of disrupting the financial services landscape, including business and corporate banking.