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The bank was founded as a result of a merger between several historic banks in Connecticut, including Darien Bank and Trust, Greenwich Bank and Trust, Norwalk Bank and Trust, Stamford Bank and Trust, Westport National Bank and Insurbanc. [2] Connecticut Community Bank is a member of the SUM ATM network.
It provides electronic financial transactions services to the military banking and defense credit union sector. [1] It connects approximately 346 banks and credit unions with over 800,000 ATMs and 2.3 million point-of-sale locations that are often in or near military bases both in the United States and overseas.
Armed Forces Bank was founded in 1907 in Fort Leavenworth, Kansas, where it is currently headquartered. [ 1 ] [ 2 ] AFB and its sister bank, Academy Bank , are owned by Dickinson Financial Corporation (DFC), which is headquartered in Kansas City, Missouri .
What is a community bank? Community banks are commonly defined as individual banks that have less than $1 billion in assets, while community banking organizations generally are those with under ...
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A community bank is a depository institution that is typically locally owned and operated. [citation needed] Community banks tend to focus on the needs of the businesses and families where the bank holds branches and offices. Lending decisions are made by people who understand the local needs of families, businesses, and farmers.
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