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A community bank offers deposit accounts and loans mainly to local residents and businesses. Community banks are those that have under $1 billion in assets, according to the FDIC.
A trust company is a corporation that acts as a fiduciary, trustee or agent of trusts and agencies. A professional trust company may be independently owned or owned by, for example, a bank or a law firm, and which specializes in being a trustee of various kinds of trusts.
The bank operates over 80 retail branches, most of which are located in eastern, north-eastern, central, and south-central Kentucky. As of 2023, the bank had total deposits of US$4 billion and a market share of 3.53%. Community Trust Bancorp is the second-largest bank headquartered in Kentucky, after Stock Yards Bank of Louisville. [2]
Community Bank, N.A. is the wholly owned national banking subsidiary of Community Bank System, Inc. (CBSI), whose predecessor bank was the St. Lawrence National Bank, chartered in 1866. In 1983, CBSI was incorporated in Delaware and became a registered bank holding company.
Six former Homestead Heritage members who were born into the conservative religious community in Waco, Texas, spoke with Michelle Del Rey about their experiences leaving the church as adults. The ...
The first point was the establishment of a Waco Trust Company, which Haynes called was the most important. The bank's working capital of $1,000,000 and surplus of $200,000 would allow Haynes to be "an intermediate banker for his client," providing financial assistance to small businesses which suffered a lack of capital, poor credit management ...
Washington Trust Bank is an American diversified financial services holding company headquartered in Spokane, Washington. It is the oldest and largest privately held commercial bank in the Pacific Northwest , and has more than 40 financial centers and offices in Washington , Idaho and Oregon with over 1,000 employees. [ 1 ]
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.