Bank of Dudley’s Post

We are on the road! Attending #ABA Conference for Comminity Bankers? Stop by Booth 805 #engageware. Our experts are here to help you understand the next wave of technologies. #conversationalai #generativeai

Our story began in a place called Wynne in the Arkansas Delta. In 1891, a group of Northeast Arkansas businessmen gathered at the old Commercial Hotel to chat about the day’s events. It was there that they first discussed the need for a bank in their small town of just one thousand people. Under the leadership of Isaac Block, a planter who owned a large amount of valuable land just outside Wynne, this discussion amongst businessmen was transformed into an actionable plan to create a bank. In May of 1891, 31 individuals committed to invest $30,000, and applied to charter Cross County Bank in the State of Arkansas. The application was approved and the charter (#25) was granted on June 5, 1891. This was a historic event as it was only the second bank to be established in all of Eastern Arkansas. After receiving the charter, the men purchased some land and began construction on Cross County Bank. The $5,042.63 price tag of the original bank building, located at the corner of Front and Union, was expensive for 1891. It was a tremendous investment, especially considering the bank only profited $156.57 in its first year of business. This small figure could have been demoralizing, however, it wasn't long before the need for a local bank became evident. In its second year, Cross County Bank’s net income grew to $52,666! In 2005, the bank expanded into Jonesboro as “First Commercial Bank,” the first branch outside of Cross County. It then acquired full-service branches in Brinkley, Manila, Monette, Osceola, and Blytheville. In 2022, a new chapter began. Having a bank with two distinct brand names was problematic for both customers and employees, so the decision was made to unify the brand under a new name—Cross Bank. This decision served the bank’s shareholders, customers, team members, and communities by sharing the 131-year legacy and unifying the customer's banking experience in all nine communities. #mycrossbank #communitybank #heritagebrand #heritage #arkansasdelta #arkansasbank #communitymatters #crossbankcares Member FDIC | Equal Housing Lender

Breaking: Dogwood State Bank is buying Community First of South Carolina. It's a big deal, as in addition to deposits, Dogwood gets a stronger foothold in SC. Dogwood, you may recall, is a new Carolinas-focused bank headquartered in #Raleigh, the product of a handful of ex-Yadkin bankers and the former Sound Bank. This is the first acquisition in the bank's history, though as its top exec told me, it's basically been adding a community bank a year just through organic growth. If analysts are right about 2024, we'll see more deals like this. And yes, it matters. Community banks fund... well, the community. And the sector has seen a lot of changes in the past year, so what happens next matters to local businesses, likely including yours. Our exclusive chat with CEO Steve Jones: https://lnkd.in/eJXDv346 att: North Carolina Bankers Association Federal Deposit Insurance Corporation (FDIC)

Here are a few pictures from our Grandview branch celebrating Shared Branching Awareness Week. Stop by and grab your popcorn! 🍿 What is Shared Branching? Shared Branching allows you to perform transactions at other credit union branches as if you were at your home branch. Whether you're on the other side of town, or in another state, or find yourself needing access due to a natural disaster, your accounts remain accessible. Here's how you can get involved: • Ensure Your Access is Activated: Make sure you can take full advantage of the Shared Branching network by calling us at 614-416-7588 to confirm that your Shared Branch access is activated. • Visit Your Local Branch: Stop by your local Pathways branch to celebrate what makes your membership unique and learn more about the benefits of Shared Branching. • Find a Shared Branch: Locate the nearest shared branch at sharedbranching.org and see how connected your Pathways membership makes you! We look forward to helping you make the most of your membership during this exciting week. ----- #Pathways #PathwaysCreditUnion #CreditUnion #SharedBranching

As we wind down the last week of #NationalHomeownershipMonth, let us leave you with a reminder about the value of FHLBank Indianapolis membership:

What makes a branch successful? Just ask Michelle Kile, DCU’s Vice President of Branch Services! On Monday, June 24, Michelle spoke at the Future Branches Conference in Boston about what credit unions and banks should consider when developing their branch strategies. When expanding branch networks, institutions should consider the value a new branch would bring to the surrounding community and the service level that will best fit members’ needs, according to Michelle. Taking it a step further, institutions should start thinking about designing the branch of the future and what exactly that means. These branches prioritize visibility, the role of branches in a digital-first landscape, modular design, and conveniences like parking and drive-up services. At the end of the day, branch success can’t happen without listening to members and understanding how they engage with their financial institution. At DCU, we pride ourselves on always putting our members first, and Michelle helped spread that message!

Carver Bank is grateful to all our clients who take the time to share their positive experiences. It is because of our incredible clients that we have been able to provide local residents with a place to save, grow businesses and build wealth, block by block and generation to generation for over 75 years. Where you bank matters! #growwithcarver #savewithcarver #carverbanknyc #communityfirst #communitybanking #bankingforgood #bankingforimpact #clientexperience #customerexperience

🌟 Hey So Cal Superstars! 🌴💳 Let's Talk Real Talk About Your Credit Journey! Life's a journey, right? And sometimes, our credit scores could use a little extra love. That's where So Cal Credit Repair comes in – your local credit heroes here to help you shine financially! 🚀💸  #SoCalCreditRepair #RealTalkFinance #CreditJourney #SoCalHeroes

Custom tailored solutions for you and your family's business, delivered by local decision makers, powered by local funding from depositors right here in Michigan. If you are serious about taking your business to the next level, we can seriously help. #BetterThinkingBanking

Very often "word of mouth" about a vendor is negative. It's great to see one of your member banks praising your endorsed partner! Please reach out if you would like more information about our partner, BHG Financial and how Keith and his team can help your bank. #Oregon #banking