Pan American Bank & Trust has been selected by the nationally renowned industry publication, American Banker, as one of the Best Banks To Work For in 2018 nationwide. "Being selected is a tribute to the strength of our culture, including our commitment to each other, our clients and our communities," stated Frank C. Cerrone, President & CEO of Pan American Bank & Trust. CDBA members FNBC Bank, BankPlus, and Community Bank also make the list.
Dominik Mjartan, the new president and CEO of South Carolina Community Bank, hopes technological innovations can jolt the struggling bank back to profitability. By digitizing loan files via Sageworks and securing fintech partners to offer more technological solutions for customers, Mjartan hopes to transform the bank for modern needs.
The last black-owned bank in Chicago is changing its name to reflect its owner's global ties in an effort build trust in its future. Illinois Service Federal Savings and Loan in Bronzeville, known as ISF Bank, will become GN (Groupe Nduom) Bank, taking on the name of a separate, international banking company owned by its chairman, Papa Kweisi Nduom. Nduom grew up in Milwaukee but was for years a government minister and Member of Parliament in Ghana. GN has about 300 branches worldwide, according to the company.