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Community bank. A community bank is a depository institution that is typically locally owned and operated. [citation needed] Community banks tend to focus on the needs of the businesses and families where the bank holds branches and offices. Lending decisions are made by people who understand the local needs of families, businesses, and farmers ...
Community Bank, N.A. (CBNA), is a commercial bank serving customers in Upstate New York, Northeastern Pennsylvania, Vermont and Massachusetts. It is the wholly owned national banking subsidiary of Community Bank System, Inc. (CBSI).
A community bank offers deposit accounts and loans mainly to local residents and businesses. Community banks are those that have under $1 billion in assets, according to the FDIC.
The list excludes the following three banks listed amongst the 100 largest by the Federal Reserve but not the Federal Financial Institutions Examination Council because they are not holding companies: Zions Bancorporation ($87 billion in assets), Cadence Bank ($48 billion in assets) and Bank OZK ($36 billion in assets).
The $1 billion investment ideally caps a rough period for NYCB. The bank on Jan. 31 reported a fourth-quarter loss of 36 cents a share that missed Wall Street expectations. It also slashed its ...
Advantages of using such a small, neighborhood bank may include personalized service, higher deposit account rates and lower fees. These community banks often support local charitable events and ...
Florida Community Bank, also known as FCB, was an American bank based in Weston, Florida [1] that provided consumer and business banking services to communities throughout the state. With roots tracing back to 1923, the legacy Florida Community Bank was the first bank established in Collier County. In January 2010, Florida Community Bank was ...
Community Bank was founded in May 1955 by Joseph, Oregon business leaders. At that time, the bank was named "Bank of Wallowa County". The bank's name was changed to Community Bank in 1991, when the bank expanded out of Wallowa County into Pendleton, Oregon. Currently the bank operates 9 full-service branches, 3 in Northeastern Oregon and 3 in ...