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Gearing Up New Operations

Independent Banker

A Pennsylvania community bank’s perspective on the rewards and potential perils of developing a separate business line. billion-asset community bank’s successful foray into insurance provides valuable insight into how boards and bank management should carefully vet decisions by conducting thorough due diligence.

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OCC outlines risk plan as Northeastern loan growth doubles

Abrigo

• Board risk parameters, adequacy of staffing, succession planning and audit. Asset and Liability Management: Asset and liability risk management was deemed a concern as continued low interest rates and pressure on traditional earnings sources cause many banks to increase long-term asset holdings. The OCC on Oct.

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Deep Dive: Credit Unions Work To Keep Members’ Data Private

PYMNTS

A recent hack against Pennsylvania-based convenience store chain Wawa exposed credit and debit card credentials issued by hundreds of local credit unions. Larger banks and well-funded FinTechs can create dedicated security operation centers staffed by experts, but CUs often do not have the budgets to offer round-the-clock active protection.

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Chapter 11 Watch: Tough Times For Uniqlo, PacSun Gets Lucky

PYMNTS

The bankruptcy process gives us the ability both to fix our balance sheet by reducing our long-term debt by more than 65 percent and reduce our annual occupancy costs, either through landlord negotiations or lease rejections, appropriately adjusting the fixed costs of operating our stores to better match the shifting retail landscape.”.

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The Nerd Oscars: 24 Best Data Science Moments in Movies

FICO

Plot Summary Phil Conner is a Pittsburgh TV weatherman on a remote assignment covering the annual Groundhog Day event Punxsutawney, Pennsylvania. Computer systems are not yet ready for operational use (though the IBM® 7090 is the butt of multiple jabs throughout the movie). Columbia Pictures). Chernin Entertainment).

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The 2023 GonzoBanker Awards

Gonzobanker

Importantly, Jeff’s contributions to the credit union industry and the Pennsylvania community are simply too long to list. On one hand, there were tons of stories emerging about operational and compliance chaos in BaaS partnerships, enough to scare many banks who were standing at the edge of the pool to conclude, “I’m not jumping in.”

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THE 16TH ANNUAL GONZOBANKER AWARDS

Gonzobanker

Sale of the Year – Scott Custer, Terry Earley and the gang at Yadkin Bank for their successful sale to FNB Pennsylvania and the creation of a new regional power in the Mid-Atlantic and Southern states. A wonderful franchise and team picked up by Guaranty in-market at a decent price. The big bang project is over.”

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