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Community Banking

Its full time employees would receive extra compensation of $600 if they make less than $100,000 a year
Bank of America, Truist, Webster, Associated Bank and Mutual of Omaha are among those pledging to charities and community support funds
National and community banks are taking measures to ease the financial difficulties posed by lockdowns and closures
MutualFirst’s merger with Northwest Bank has also taken a step closer with investor approval granted last week
Tornadoes killed 25 people in Tennessee last week and caused huge amounts of damage, prompting community banks to step in
Ericson State Bank has been taken over by Farmers and Merchants Bank after a regulatory investigation uncovered a series of lending violations
The combined entity will cover Florida, Georgia, Alabama, the Carolinas, and Virginia when it completes in Q3 2020
Combination is set to create one of Tennessee’s biggest community banks with operations throughout Williamson, Rutherford and Davidson counties
The focus needs to shift to what customers want to buy
Community Banks Should Focus on Regional Strategy

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