Bank Closure and Community Banks

Banking-As-A-Service Takes On The Underbanked SMB

PYMNTS

MARCH 9, 2020

Digitization and modernization are key, yet for the regional banks and credit unions that are left in the wake of larger institutions shuttering their branches, the process is a challenge. “I think it would be foolish to expect that small community banks and credit unions can afford to keep up with that market,” said Coghlan.

Credit Union

Credit Union Community Banks Small Business Online and Mobile Banking

Three Small US Banks Collapse Over Past Month

PYMNTS

NOVEMBER 18, 2019

Louisa Community Bank of Louisa, Kentucky also shuttered on Oct. 25, and the assets were purchased by Kentucky Farmers Bank Corporation in Catlettsburg, Kentucky. As of June 30, Louisa Community Bank had approximately $29.7 It had one branch with $27.1 million in total assets and $26.2 million in total deposits.

FDIC

FDIC Community Banks Non-Bank NOV

Payments Space

Banking-As-A-Service Takes On The Underbanked SMB

Three Small US Banks Collapse Over Past Month

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