How Systematic Savings Bank turned around Jan 01st 2021 12:01am on Business, Connections, Lending, Technology, Trends How Systematic Savings Bank turned around Jan 01st 2021 12:01am on Business, Connections, Lending, Technology, Trends When Derek Fraley joined Systematic Savings Bank as president and CEO in 2017, it was in trouble. To save it, he changed the community bank’s charter, launched an IPO and executed sweeping culture changes. The result: the bank has had four back-to-back positive quarters for the first time in more than a decade.
Uwharrie Bank and the power of connection Jan 01st 2021 12:01am on Business, Connections, Lending Realizing that many residents of the greater Charlotte, N.C., area face barriers to housing and financial prosperity, Uwharrie Bank is connecting with local organizations in a mission to uplift others.
Midwest BankCentre balances the best of both worlds Dec 01st 2020 12:12am on Business, Connections, Lending, Technology, Trends When Midwest BankCentre launched a digital brand, Rising Bank, it hit its deposits goal within a month. Now, it’s also realizing business efficiencies that benefit both brands.
Malvern Bank’s no-nonsense approach Dec 01st 2020 12:12am on Business, Connections, Lending John Wenstrand, a customer of Malvern Bank for more than 16 years, credits the community bank with a back-to-basics approach that helped him launch his business and get him through the pandemic’s uncertainty.
Bringing relationship banking to fintechs Nov 01st 2020 12:11am on Business, Connections, Lending Nearly 120 years ago, Lincoln Savings Bank was a one-branch ag bank. Today, it’s a leading player in the world of fintech enablers and banking-as-a-service (BaaS), helping to bring financial services to people across the U.S.
COVID-19 is accelerating commercial loan automation Nov 01st 2020 12:11am on Business, Focus, Lending, Software, Technology The huge surge in Paycheck Protection Program applications caused many community banks to adopt new technology to speed up their commercial loan processes. Rather than being temporary measures, these solutions may stick around for the long term.
How Fidelity Bank boosts nonprofits Nov 01st 2020 12:11am on Business, Connections, Lending Beyond standing by its community for more than a century, Fidelity Bank supports nearby nonprofits through financial support, volunteering and specialized banking products.
Valley Bank of Nevada’s call to action Oct 01st 2020 12:10am on Business, Connections, Lending When small businesses seeking Paycheck Protection Program (PPP) loans were turned away from other banks, Valley Bank of Nevada came to their rescue.
Helping a small business grow Oct 01st 2020 12:10am on Business, Connections, Lending Peach State Bank & Trust has been there for small business customers John Baxter and Ben Filchak for years. When their landscaping company was threatened by COVID-19, the community bank came through with a vital Paycheck Protection Program loan.
COVID-19’s ripple effect on lending Jun 01st 2020 12:06am on Banks, Business, Commercial, Industry Insight, Lending, slide The COVID-19 pandemic has reshaped daily life, including how community banks and their business customers interact. It’s precisely because of the crucial role they play in their communities that community banks have stepped up to aid customers, provide financial relief and continue to make loans during this uncertain time. By Beth Mattson-Teig Community bankers are […]
