Tag : community banking

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Safe AI Strategy for Community Financial Institutions: Turning Concepts into Action

Saahil Kamath
By Saahil Kamath, Head of AI at Eltropy Five Guiding Principles for Responsible AI Adoption in Community Banking Community financial institutions (CFIs) have long been the bedrock of trust in local economies, offering personalized service that big banks often can’t match. Now, as artificial intelligence reshapes the financial sector, these institutions face a pivotal moment. The challenge isn’t just about adopting new technology;......
ChoiceOne Bank and DPT Solutions Offer Metriciti, A Commercial Lending Platform Built for Community Banking
Banking Fintech Lending News

ChoiceOne Bank and DPT Solutions Offer Metriciti, A Commercial Lending Platform Built for Community Banking

PR Newswire
ChoiceOne Financial Services, Inc., and ChoiceOne Bank along with DPT Solutions (DPT) are pleased to announce their partnership to offer Metriciti. Metriciti is a revolutionary commercial lending platform that promises to redefine how financial institutions manage their lending from leads to loans and beyond. DPT is the exclusive reseller of......
Empowering Growth and Profitability: R&T Deposit Solutions Joins the Banking-As-A-Service Association
Banking Fintech News

Empowering Growth and Profitability: R&T Deposit Solutions Joins the Banking-As-A-Service Association

PR Newswire
R&T Deposit Solutions (R&T) announced that it joined The BaaS Association (BaaS Association). This is a pivotal move that reinforces R&T’s commitment to empower growth and innovation among community banks, a critical segment within the banking industry that represents 77% of banking as a service (BaaS) participants. The BaaS Association......
First Federal Bank of Kansas City and Kansas City Current Partner to Launch Hometown Heroes Platform
Banking Mortgage News

First Federal Bank Announces Agreement to Acquire Mortgage Division From BNC National Bank

PR Newswire
First Federal Bank and BNC National Bank announce that they have signed a definitive agreement for First Federal to acquire certain assets and liabilities of BNC National Bank’s mortgage division. The purchase is expected to close in the second quarter of 2023; terms of the transaction were not disclosed. First......
Axiom Bank, N.A. Partners with White Clay to Enhance Data Strategy
Fintech News

Axiom Bank, N.A. Partners with White Clay to Enhance Data Strategy

Business Wire
Bank gains greater visibility into customer relationships, helping drive growth White Clay, a company that helps community and regional financial institutions improve relationships and increase revenue, announced its partnership with Axiom Bank, N.A. “We’ve enjoyed the speed in which the White Clay team works, as well as the level of......
Asimily Announces Strategic Investment from MemorialCare Innovation Fund to Further its Innovation in IoT Device Security
Banking News

Martha Vineyard Bank Selects Finxact for Next-Gen Community Banking

Fintech News Desk
The Bank and The Fintech Collaborative Will Partner with Finxact and Fiserv to Drive Digital Transformation Finxact, a Fiserv company and the leading provider of the next-gen banking platform to the U.S. regional and super-regional banking sector, today announced that Massachusetts-based Martha’s Vineyard Bank has selected Finxact to enable its......
Sutton Bank and Bankers Helping Bankers Launch BaaS Association
Banking News

Sutton Bank and Bankers Helping Bankers Launch BaaS Association

Fintech News Desk
Sutton Bank and Bankers Helping Bankers (BHB) are pleased to announce the creation of the BHB Banking-as-a-Service (BaaS) Association, aimed at serving the unique needs of BaaS Sponsor banks. Sutton Bank, Attica, OH is proud to be one of the founding, charter members of the Association. According to Robert Keil,......
MainStreet Bancshares President Charles Brockett to Retire
Banking News

MainStreet Bancshares President Charles Brockett to Retire

Fintech News Desk
Charles (Chris) Brockett, who helped steer MainStreet Bancshares Inc., a $1.7 billion bank holding company, through five years of exceptional growth, announced he is retiring as the bank holding company’s president effective March 31. Brockett will remain a member of the board of directors of MainStreet Bancshares, which he joined as president in January......
Horizon Community Bank to Combine with Arizona Federal Credit Union
Banking News

Horizon Community Bank to Combine with Arizona Federal Credit Union

Fintech News Desk
Horizon Community Bank, an Arizona state-chartered bank headquartered in Lake Havasu City, Arizona and wholly-owned subsidiary of Horizon Bancorp, Inc., announced that it has entered into a definitive agreement for Arizona Federal Credit Union (“Arizona Federal”) to acquire Horizon Community pursuant to a purchase and assumption transaction. Horizon Community was......
Nicolet National Bank Hires Kelly Fischer as Chief Innovation Officer
Banking Fintech News

Nicolet National Bank Hires Kelly Fischer as Chief Innovation Officer

Fintech News Desk
Nicolet National Bank, the operating entity of bank holding company Nicolet Bankshares, Inc., announced the hiring of industry-veteran Kelly Fischer as Senior Vice President, Chief Innovation Officer.  Fischer joins Nicolet from Bank First, where she was Chief Operating Officer.  She will report directly to Brad Hutjens, Executive Vice President, Chief Credit and......
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