Community Bank

Community Bank

An independent, locally-owned commercial bank. It operates exclusively in and derives its funds from the community in which it is based. It is sometimes easier to obtain a loan from a community bank because it may have better knowledge of the local market. It is also known as an independent bank.
References in periodicals archive ?
But it comes as no surprise to those of us involved in community banking to learn that, according to a recent report from the Federal Reserve Bank, the number of community bank branches rose by more than 50% in the last 15 years, and the number of new bank openings increased dramatically.
BISYS, a provider of business process outsourcing solutions for the financial services sector, has entered into a multi-year outsourcing agreement with Cincinnati-based Peoples Community Bank.
SANTA CLARITA - Pasadena-based Community Bank, with a branch in Santa Clarita, is taking advantage of a new federal program that enables depositors to obtain federal insurance on amounts of up to $5 million - without having to do any fancy footwork.
Even though Lake City is a relatively small community bank of only $300 million in assets, some of our offices are in direct competition with both of the largest financial institutions in Indiana and with large regional holding companies ranked among the largest financial institutions in the United States.
Cactus Commerce Bank, a wholly-owned subsidiary of Community Bancorp (NASDAQ: CBON), has announced that it has changed its name to Community Bank of Arizona.
The Conejo Valley's newest community bank will fill the main floor of the Firefighter's Foundation Building on Hillcrest Drive in Thousand Oaks, left vacant nearly three years ago when the last of several different bank branches closed following a series of bank mergers.
In fact, Piedmont Community Bank has been awarded the highest rating of 5-Stars by BAUERFINANCIAL, Inc.
ATLANTA -- Compliance 360, a provider of governance, risk and compliance (GRC) management software, is pleased to announce Community Bank of Nevada has chosen Compliance 360's policy and contracts solutions to streamline and automate their compliance management enterprise-wide.
Doyle, President and Chief Executive Officer of Central Valley Community Bank (Bank), the sole subsidiary of Central Valley Community Bancorp (Company) (NASDAQ:CVCY), is pleased to announce 2007 plans to continue 2006 facility growth with the opening of two newly constructed branches in Clovis and Kerman that will take the place of smaller existing offices, the opening of a new loan production office in Modesto, and the remodel of the Bank's Clovis Main office.
First Community Bank expects to soon transfer customers of Stone Capital Management, Inc.
LAS VEGAS -- Community Bank of Nevada announces that Senior Vice President/Community Reinvestment Officer Nicole Smith was awarded the distinguished "Nevada Foundation Award" on October 20th at the Nevada Fair Housing Center, Inc.
For the year ended June 30, 2006, the Green Street California Community Bank & Thrift Index gained 12.

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