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 ?
BANKING AND CREDIT NEWS-June 25, 2019--Great Western Bancorp to acquire Independent Bank's trust assets
M2 EQUITYBITES-June 25, 2019--Great Western Bancorp to acquire Independent Bank's trust assets
Global Banking News-June 25, 2019--Great Western Bancorp to acquire Independent Bank's trust assets
As of March 31, 2019, Independent Bank's Trust Department located in Colorado had approximately USD 311.7m in assets held in fiduciary or agency capacities.
The two industry veterans will support the Independent Bank's continued growth within Tarrant County, providing resilient solutions to fuel community development, while meeting the unique financial needs of area businesses and families.
Independent Bank Group (IBTX) and Guaranty Bancorp (GBNK) jointly announced the signing of a definitive merger agreement pursuant to which Guaranty Bancorp will merge with and into Independent Bank Group in an all-stock transaction.
Ultimate Software, a leading provider of human capital management (HCM) solutions in the cloud, announced today that Independent Bank, a Michigan-based community bank, is using UltiPros talent management capabilities and instant access to HR information to boost engagement among the Banks employees and to support HRs focus on company culture.
The independent bank further benefits from these relationships by expanding its alliance with the business customer.
M2 EQUITYBITES-June 24, 2019-Great Western Bancorp to Acquire Independent Bank Trust Assets
Independent Bank Group, Inc., the holding company for Independent Bank,
("IBT"), the owner of Independent Bank of Texas ("Independent
Great Western Bank, a wholly owned subsidiary of Great Western Bancorp Inc (NYSE:GWB), announced on Saturday that it signed an agreement to purchase and assume the management of the trust assets of Independent Bank, acquired through its acquisition of Guaranty Bank and Trust Company in Colorado, USA.

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