Community Bank

(redirected from Community 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 ?
BANKING AND CREDIT NEWS-August 12, 2019--United Community Banks declares cash dividend
M2 EQUITYBITES-August 12, 2019--United Community Banks declares cash dividend
Global Banking News-August 12, 2019--United Community Banks declares cash dividend
"While there are more rural community banks than urban community banks, the latter consistently account for a larger volume of deposits, loans, and offices than the former," Quarles said.
ICBA, whose mission is to create and promote an environment where community banks flourish, develops the "Best of the Best" list each year to recognize community banks that are consistent high performers.
"The money in community banks has a direct positive input into the health of the market it serves."
large community banks. The following banks were reviewed as part of Fitch's Large Community Bank Peer Group: Central Pacific Financial Corp.
2155) that Congress passed at the end of May and President Trump signed is being touted as priming the pump to encourage community banks to open the tap on commercial lending.
Senator Tammy Baldwin today, joined Senators Roger Wicker (R-MS) and Tammy Duckworth (D-IL) in introducing bipartisan legislation to help Wisconsin community banks by exempting them from requirements designed for larger financial institutions.
The authors investigate the relative performance of publicly traded community banks (those with assets less than $10 billion) versus larger banks (those with assets between $10 billion and $50 billion).
Attempting to contradict repeated concerns over the cost of regulations, President Obama's Council of Economic Advisers said Wednesday that community banks remain healthy and are not collapsing under the burden of Dodd-Frank.

Full browser ?