Community Bank

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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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In fact, at the end of 2002, community banks accounted for 89% of all banks in the United States.
The American Bankers Association (ABA), through its Corporation for American Banking (CAB) subsidiary, exclusively endorses BISYS' core information processing solution as the recommended solution for community banks.
Recent figures showed community banks like Camarillo Community Bank in Camarillo, Los Robles Bank in Thousand Oaks and First Western Bank in Simi Valley reported strong return on assets above the industry average of about 1 percent, Rubens said.
It seems to me that the FASB doesn't understand the environment in which community banks, and other small businesses, operate.
Imaging technology has the capability of greatly reducing operational costs for community banks.
CBS continues to provide services that help community banks capitalize on the returns that imaging technology has long provided to larger banks, helping them to remain competitive and expand their service offering.
NYSE:FED) and the third largest Los Angeles-based financial institution(a), has been elected to a three-year term on the board of directors of America's Community Bankers, the innovative national trade group for community banks.
SAN FRANCISCO -- Green Street Capital Management announces the release of the first index for community banks and thrifts headquartered in California.
Authentication Capabilities Will Strengthen Security of Confidential Financial Data at Independent Community Banks
Headquartered in Blairsville, United Community Banks is the third-largest bank holding company in Georgia.
CBS is committed to helping community banks nationwide take advantage of imaging solutions to decrease costs, expand service offerings and better compete with larger institutions.
A veteran banker with 42 years' experience managing retail branch operations for commercial and community banks in New York City and Long Island, Mr.

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