Anne Tangen, a bank IT expert-turned-CEO at BankFive in Fall River, Massachusetts, talks about BankFive’s efforts to reduce friction in the account opening process, as well as her work to smooth the path for talented women in the community bank C-suite.
Browsing: Mutual Banks
Late in 2023, Warsaw Federal — a $71 million mutual savings and loan in Cincinnati…
Julieann Thurlow, ABA’s 2023-24 chair, unites financial inclusion and financial innovation.
Cape Cod 5 in Hyannis, Massachusetts, and Fidelity Bank in Leominster, Massachusetts, are merging under the same holding company.
The Office of the Comptroller of the Currency this week appointed six new members to its Mutual Savings Association Advisory Committee.
How does a community bank whose bread and butter was mortgage lending make the business sustainable in a time when mortgages have increasingly moved to the nonbank sector?
After a long legislative and regulatory advocacy effort, federal thrifts can finally elect “covered savings association” status, allowing them to exercise national bank powers without having to change their charters, holding companies or cultural identities as savings institutions.
After spending more than a quarter century in de novo commercial banks, Dave Hanrahan made a career move to a mutual savings bank, and he hasn’t looked back.
Cloud migration was a big deal for banks before COVID, but it kicked into a higher gear than ever as the pandemic drove virtual banking, digital workflows and remote work across the industry.
The American Bankers Association and several trade groups sent a joint letter to Treasury Secretary Janet Yellen, once again urging the agency to revise its regulatory treatment of Emergency Capital Investment Program investments.