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Community Banking

Annual savings of $4.3 million will be reinvested in digital offerings, the Chicago-based bank said
Plus: New lead director at JPMorgan Chase, and First Port City Bank promotes CFO to risk leadership role
Community bank lenders were caught flat-footed by both the need to process large numbers of complex PPP loans quickly and support the ever-shifting guidelines from the SBA
The $504 billion banking giant will raise the proportion of its non-white senior leadership and improve pay equity
Midland States to spend up to $15 million on closures and renovations to existing branches, but expects long-term savings
The association’s new foundation is fundraising to help those affected by the storm, which has killed at least 25 people in Louisiana
Regions Bank waives fees and offers other relief while American Express donates to the American Red Cross
Greenwich Associates has highlighted 12 banks across the middle market and small business sectors
Plus: New York-based community banks to combine; Virginia’s Blue Ridge and Bay Banks plan merger
CEO Brian Mauntel has resigned from his position, Heartland Bank announced this week
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