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The ICBA Newsroom collects and centralizes all the NewsWatch Today articles, press releases, Main Street Matters blogs, advocacy letters and other news that impacts community bankers.

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5-Star Chelsea Groton Bank Among the Top 10% of the Nation’s Banks

BAUERFINANCIAL, the Nation’s Premier Bank Rating Firm, is proud to announce that Chelsea Groton Bank, has once again secured its highest, 5-star rating. A 5-star rating indicates the bank excels in areas of capital adequacy, profitability, asset quality and much more. By earning and sustaining this top 5-star rating for 97 consecutive quarters, Chelsea Groton Bank has also procured a “Top 10%” designation. This means that Chelsea Groton Bank has maintained Bauer’s highest rating consistently for longer than 90% of the industry.
July 23, 2018 | News  

CHELSEA GROTON FOUNDATION Awards Over $189K in Grants to Area Organizations

The Chelsea Groton Foundation awarded $189,585 in grants to 67 non-profit organizations from Connecticut and Rhode Island this spring. This dollar amount marks the greatest total awarded to area organizations in a single giving cycle since the Chelsea Groton Foundation was founded. Inclusive of these donations, the Foundation has provided over $2.8 million in total grants to the community since 1999. The Foundation reviews applications and awards grants two times per year.
July 13, 2018 | News  

THE STATE BANK PROMOTES VICE PRESIDENT

The State Bank is proud to announce the promotion of Linda Gregory to Vice President. Linda joined the bank in April 1991 as a teller before moving to the credit department, and during her tenure has consistently grown in her role, going from Information Coordinator to Department Manager. In her new position, Gregory will be responsible for overseeing staff workflow on an ongoing basis, compiling various management reports, and managing regulatory and compliance requirements for the loan servicing department, among many other duties.
July 13, 2018 | News  

THE STATE BANK PROMOTES OFFICER

The State Bank is proud to announce the promotion of Stephanie Domina to Officer. Stephanie joined the bank is November 2015 as a branch manager in Birch Run, and more recently moved to The State Bank Chesaning branch to serve as manager there. During her tenure, she has consistently grown in her role. In her new position, Domina will be responsible for normal day-to-day branch activity and employee growth, as well as the facilitation of mortgage renewals.
July 13, 2018 | News  

THE STATE BANK PROMOTES ASSISTANT VICE PRESIDENT

The State Bank is proud to announce the promotion of Brooke Jansen to Assistant Vice President. Brooke joined the bank in December 2002 as a part-time teller while attending college, and by 2006 was a full-time financial service representative. In 2009, Jansen completed all licensing and certifications to become an associate advisor in the wealth management division before becoming a branch manager as well. She is well versed in all facets of The State Bank’s retail operations, and in her new role will manage all retail operations in the Great Lakes Bay Region branches.
July 13, 2018 | News  

ICBA Comments on Real-time Monitoring of Fedwire Transfers

July 05, 2018 | ICBA NewsWatch Today   Payments Faster Payments 

The pros and cons of niche lending

In niche lending, your community bank’s fate comes down to expertise and passion for the work.
July 01, 2018 | Independent Banker   Lending 

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