Community banking

Small banks urged to hone skills acquired during pandemic

10/02/20

The coronavirus outbreak has taught community bankers to think on their feet and experiment. Speakers at an industry conference this week advised their peers to stay innovative to ensure they endure in a changing world.

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Government says it will start forgiving PPP loans within days

10/01/20

To date, the Small Business Administration hasn’t acted on tens of thousands of applications that lenders have submitted since early August. However, it will begin doing so by early next week, an official says.

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Pennsylvania bank hit with regulatory order tied to BSA compliance

10/01/20

Atlantic Community Bankers Bank must improve its anti-money- laundering and Bank Secrecy Act policies and procedures.

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Fulton in Pennsylvania to shutter 21 branches

10/01/20

The company joins a growing list of community banks paring back their networks.

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Virginia banks announce plans to merge

10/01/20

Virginia National and Fauquier Bankshares are planning to create a $1.6 billion-asset company focused on the middle part of the state.

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Pandemic shows that people are banks’ most vital asset

09/30/20

Whether it was their nimble shift to digital, or willingness to interact in new ways with customers in branches, bank employees have met head-on the business challenges posed by the outbreak.

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Small Louisiana bank gives customers tool to safeguard their data

09/29/20

Origin Bank is rolling out software to let customers curb or shut down account-data sharing with third-party apps. In the process, it hopes to learn a lot about client behavior and preferences that it could use in its own products.

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First Mid plans to expand St. Louis operations with Linco acquisition

09/28/20

The company would also gain a branch near Dallas with the proposed acquisition.

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Dollar Bank seeking heft around Pittsburgh with Standard acquisition

09/25/20

The mutual bank has agreed to pay $158 million for Standard AVB Financial, which has 17 branches in Pennsylvania.

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Orrstown in Pennsylvania to close branches, cut jobs

09/24/20

The moves are intended to offset a protracted period of historically low interest rates and expectations of higher credit costs in 2021.

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