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Are de novos making a comback?

Abrigo

The FDIC paper The Entry, Performance, and Risk Profile of De Novo Banks published in April 2016 reports that the number of de novo bank failures and acquisitions annually has drastically declined since 2010, primarily due to the fact that new bank formations have become nearly inexistent.

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DOJ settles another redlining case

CFPB Monitor

The Department of Justice (DOJ) announced that it has entered into a settlement with American Bank of Oklahoma (ABOK) to resolve allegations that ABOK engaged in unlawful redlining in Tulsa, Oklahoma. The DOJ opened its investigation of ABOK after receiving a referral from the FDIC.

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Bankers: Is your strategy the same as your competitor?

Jeff For Banks

The Bank also offers wealth management and trust services. The amount of deposits available to us while maintaining full FDIC insurance protection for our trust customers has consistently exceeded $30 million for the last three years. The Company’s website address is www.prosperitybankusa.com.

Strategy 102
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The top-performing community banks of 2021

Independent Banker

Oklahoma City. Underlying BankVista’s success has been a management philosophy focused on open debate about how to improve, Freeman adds. Quontic Bank. FSNB, National Association. Pioneer Trust Bank, National Association. Chickasaw Community Bank. Capital Community Bank. AMG National Trust Bank. First Bank. Burkburnett.

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Who were ICBA’s Top Lenders of 2022?

Independent Banker

But as they always do, they came through for individuals and businesses in their communities with a combination of personalized service and prudent risk management practices. Using FDIC data for 2021, we calculated a lender score out of 100 for each community bank. Oklahoma City. Oklahoma City. By Ed Avis. Methodology.