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Community Banking

As every financial professional knows well, today’s bank isn’t your parents’ bank
The Pennsylvania bank incurred heavy losses in Q1, partly as a result of the collapse of Signature Bank
Most midsize banks continued to decline in stock value this week
In the wake of major bank collapses, businesses could get access to higher deposit protection limits under new rules proposed by the FDIC
50% of small businesses believe cash flow management tool consolidation positively impacts profitability
First Republic fell apart as deposits left in mass due to Silicon Valley Bank’s shutdown
The stock has been so volatile that trading has been halted on and off all week
The FDIC says it remains on track to restore the Deposit Insurance Fund to its minimum size, despite last month’s bank failures
Plus: TD Bank’s planned acquisition of First Horizon could be facing further delays
Banks are potentially more cautious to give out loans after the collapse of Silicon Valley Bank and Signature Bank
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