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“We’re constantly discussing options for our customers in the face of hardship,” says Patriot Bank President Richard Muskus Jr. “We will do what we can as an organization to help them – the bank is not going to abandon them.”
The bank is lending across all segments and tends to be very active in chemicals, food, health care and business service companies, Lewing said.
The banking industry is at a crossroads as interactive ATMs, mobile deposits and other technologies threaten to supplant tellers and branches.
The FDIC and New York Department of Financial Services have approved Apple Bank's acquisition of 29 Emigrant Savings Bank branches.
In a new data-driven study on the community banking industry, the FDIC has formed a new universal definition of a community bank.
The Independent Community Bankers of America (ICBA) has signed an agreement with the FDIC to actively promote its Money Smart financial education program for small businesses.
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