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Community Bank Outlook: Challenges and Opportunities in 2021 and Beyond

Abrigo

Takeaway 2 Community banks are at a crossroads: innovate or be left behind (or acquired). according to FFIEC and FDIC data. 1 Today, community banks are at a critical crossroads: innovate or be left behind (or acquired). . Even though community banks make up a small share of total assets and deposits, 13.5%