Community Bank

(redirected from Independent Banks)

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 ?
Lubow has previously served with a number of independent banks in such positions as president, chief executive officer, and chief operating officer.
As a local, independent bank, Community National will be able to provide a combination of personalized service and fast, home-based decision-making that larger regional banks just can't deliver.
Paul Travelers (NYSE:STA) today announced that it has been named the preferred provider for bank insurance products by the Independent Banks of South Carolina (IBSC).
The Independent Banks of South Carolina is just one of a number of Independent Community Bankers of America (ICBA) member affiliates with which we're proud to be a partner," said Craig Collins, national director of community banks, St.
Paul Travelers is the leading provider of business insurance coverages for community banks," said Kelly Smith, executive director, Independent Banks of South Carolina.
The bank center will support community banks operating on the Heartland Community Bank Program, which allows independent banks to offer merchant credit card processing and other value-added services to their business customers without financial risk or liability.
We are very pleased to offer our local, independent banks access to a specialized group of individuals specifically trained to handle the needs of the banking community," said Mike Hammer, executive vice president of sales and marketing, HPS.
Currently, Heartland services over 200 independent banks and more than 5,000 merchant customers on their Community Bank Program.
correspondent services addresses corporate financing to support merger and acquisition activities, ESOP leveraging, stock repurchasing and various forms of capital debt to support operating activities of independent banks throughout the Western United States.
a management and consulting firm for financial institutions, has provided the organizational financing for the formation of a new independent bank, The Bank of Lakewood (In- organization) to be headquartered in Lakewood, California.
First Independent Bank and Rutherford Bank and Trust today were subsequently merged with the Company's wholly-owned subsidiary, Greene County Bank, with Greene County Bank as the surviving entity.

Full browser ?