Like everything else, banking is changing and evolving to meet the changing needs and demands of the times. There is no doubt about that. But anyone predicting the demise of the bank branch is premature, at best …at least in…
Merger Mania Claiming Community Staples
Mergers and Acquisitions have claimed more than 225 banks since January 1, 2020. That represents over $174 billion in assets and $140 billion in deposits in less than an 18 month period. Several centenarians are among the banks lost leaving…
Big Bank Branches are Fewer by the Month
It seems that every week there’s a new story about a bank that’s closing branches. We’ve almost become numb to it… unless of course it’s our branch that’s shutting down. But its who is closing those branches is what we…
We Made it Through 2020, What’s Next?
As we say good-bye (and good riddance) to 2020 and look forward with hope for a brighter and healthier 2021, we remember 2020 as a year of loss. We’ve lost a great number of lives, jobs, and freedoms in the…
Location and Access to Banking
Location Should Not Determine Banking Access Residential lending is a pillar supporting economic growth in the U.S. and community banks are the base of that pillar. The Conference of State Bank Supervisors (CSBS) puts it this way: “Community banks offer…