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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. is the wholly owned national banking subsidiary of Community Bank System, Inc. (CBSI), whose predecessor bank was the St. Lawrence National Bank, chartered in 1866. In 1983, CBSI was incorporated in Delaware and became a registered bank holding company.
Pros of community banks. Personalized service: Community banks are commonly owned and managed by people who live near the bank. As such, bank employees may have long-standing friendships with ...
Community Bank is a commercial bank serving customers in Oregon and Washington. The bank is headquartered in Joseph, Oregon . On August 13, 2024, Washington-based credit union Spokane Teachers Credit Union (STCU) announced plans to acquire Community Bank.
New York Community Bancorp, Inc. New York Community Bancorp, Inc. (NYCB), headquartered in Hicksville, New York, is a bank holding company for Flagstar Bank. In 2023, the bank operated 395 branches in New York, Michigan, New Jersey, Ohio, Florida, Arizona and Wisconsin. [3] Branches used to be operated under the names Queens County Savings Bank ...
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