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.
References in periodicals archive ?
M2 EQUITYBITES-February 20, 2018-Federal, State Regulators Clear Independent Bank to Acquire TCSB Bancorp in Deal Valued at USD 63m
Independent Bank Group is the holding company for Independent Bank.
Since 2011, Tippit has been with Independent Bank as Community Reinvestment Act (CRA) officer and later as head of Corporate Responsibility.
IBT"), the owner of Independent Bank of Texas ("Independent
30 October 2014 -- Michigan US-based bank holding company Independent Bank Corp (NASDAQ: IBCP) has declared a quarterly cash dividend on its common stock of USD 0.
The independent bank further benefits from these relationships by expanding its alliance with the business customer.
Christopher Oddleifson, President and Chief Executive Officer of Independent Bank Corp.
Independent Bank Group intends to use the proceeds of the offering for general corporate purposes, including to increase capital to support continued growth through acquisitions and continued organic growth.
12 December 2017 - Michigan, US-based Independent Bank Corp.
Of the total shares, 390,000 are being offered by Independent Bank Group and 1,745,506 are being offered by five shareholders of Independent Bank Group who acquired the shares in connection with Independent Bank Group's acquisition of Carlile Bancshares, Inc.
24 July 2014 -- Michigan US-based bank holding company Independent Bank Corp (NASDAQ: IBCP) said that its board of directors has declared a quarterly cash dividend on its common stock of USD 0.

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