Eastern News

What Makes a Bank One of the 15 Best-Run Community Banks?

April 19 — Based on an analysis of data from more than 4,100 banks in the United States, Sageworks has identified the 15 best-run community banks. The standings were based on a combination of return on average assets and efficiency ratio. Banks from 12 states are included in the list.


‘Link to the Future’ Hopes to Inspire Careers in Financial Industry

April 6 — Securities America, La Vista, Neb., has launched “Link to the Future,” a scholarship program that seeks to inspire current advisors’ college-age daughters and sons, as well as other finance-oriented university students, to pursue careers in the financial advice industry. The program will enable recipients to attend the firm’s Connect National Conference in New Orleans from June 3-6.


New York Fed Names Williams as President and CEO

April 4 — John C. Williams has been named president and CEO of the Federal Reserve Bank of New York. His term will begin on June 18 when he will succeed current President William C. Dudley who will leave the position on June 17.


Bank Unveils Financial Education Program to Serve Individuals with Diverse Abilities

April 3 — Mt. Laurel, N.J.-based TD Bank is launching Adaptive Financial Education, a program that offers a variety of on-site seminars as well as online, interactive tools, tutorials and games to help empower individuals with diverse abilities and their caregivers navigate the financial lives more independently and successfully. The program is part of the bank’s Financial Literacy Month initiatives.


PNC Bank Rolls out Mobile Car Shopping Platform

March 27 — Pittsburgh, Pa.-based PNC Bank, in a partnership with TrueCar, Santa Monica, Calif., is launching PNC Total Auto. The mobile platform allows consumers to review available auto options from dealers in their areas, select features they want, compare prices and apply for a loan from their computers, tablets or mobile devices. If the loan is approved, users may be able to receive a check as early as the next day, before heading to a dealership.


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