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.
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Headquartered in DeWitt, New York with assets of nearly USD11.0bn, Community Bank System Inc.
Community Bank System increases dividend
Quarles defined a community bank as a bank or thrift with less than $10 billion in assets, in constant 2005 dollars.
Urban and Rural Trends
15 July 2019 - New York, US-based Community Bank System, Inc.
Community Bank System Closes USD 93m Acquisition of Kinderhook Bank
CFG Community Bank,alocally owned and operatedcommunity bank, has been ranked third nationally by the Independent Community Bankers of America (ICBA) as a top performing bank between $300 million and $1 billion in assets.
CFG Community Bank named a top performer by ICBA
"When you bank with a community bank in Arizona the money stays here and those funds directly build and support local businesses instead of adding profit to investment groups in New York City," she added.
Local First Arizona Launches Community Banking Month: Annual Campaign Encourages Arizonans to Move Their Money Where It Matters
Moneywisehas been chosen to operate the Community Bank, which will operate as a low cost lender and look, feel and work like any other high street operator.
Two new 'community banks' offering low cost lending to Teessiders set to open; Middlesbrough and Redcar will welcome new branches after funding was secured from the SSI task force
large community banks. The following banks were reviewed as part of Fitch's Large Community Bank Peer Group: Central Pacific Financial Corp.
Fitch Ratings completes its annual peer review of banks
Banks with assets of less than $10 billion that exceed the "community bank leverage ratio" will be considered "well capitalized" and effectively exempt from all risk-based capital requirements, including Basel III and its predecessors.
BANKING BIH A POSSIBLE BOON TO COMMERCIAL LENDING?
Access to banking services at the county level has remained strong and the average number of bank branches per community bank has increased, the report stated.
Community Banks Thrive Under Dodd-Frank: Obama Council
More than eight in 10 community bank customers (86%) and credit union members (88%) report they initiated an account discussion, compared with slightly more than six in 10 customers of national banks (61%).
Credit Unions, Community Banks Engage (Yet Lose) Customers
The last community bank chartered in North Carolina was Coastal Bank & Trust, Jacksonville, North Carolina.
The future of community banking
However, a new survey by the Independent Community Bankers of America[R] (ICBA) found that approximately three-quarters of community bank respondents said new mortgage regulations are keeping them from making more residential mortgage loans in their communities.
Community banks warn that excessive regulations inhibit mortgage lending

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