Local community banks in the Lehigh Valley face increased competition from out-of-area institutions and respond by focusing ...
Expert quote: Community banks "have the insights into local economic conditions, as well as the business opportunities that define the market they serve," said Eric Chan, Morningstar vice president ...
Community banks hold just 13.5% of U.S. banking assets but still anchor rural branches, farm credit and local business lending. Technology is narrowing the scale gap, letting small banks digitize ...
With more than 28 years in banking – and the last 12 focused specifically on community banking – I have seen firsthand the powerful role that local financial institutions play in helping people and ...
Policymakers must avoid looking at community banks as institutions of the past that no longer have a place or function in our financial system and stop prioritizing large banks and technology ...
Research shows that almost three quarters of consumers believe that financial institutions should support their local communities, an expectation that directly influences banking decisions and ...
Bank consolidation has been happening for decades, and its pace has sped up in recent years. Borrowers and depositors are ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. On the surface, community banks and nonprofit organizations ...