What are US Community Banks? | 11:FS Explores
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- čas přidán 8. 04. 2020
- A community bank can come in all shapes and sizes. Holding between $2 million and $10 billion in assets, these companies are usually locally owned and provide financial services such as savings and lending to specific communities. Combined, their asset size matches Bank of America - so why are these financial institutions slowly disappearing?
11:FS Managing Partner for the US Sam Maule takes us through the ins and outs of these organisations. He tells us what role fintechs can play in revitalising local institutions and why Jill Castilla’s work with Oklahoma’s Citizens Bank is a model for how a community bank should be run.
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