Day: September 11, 2020


Financial Institutions: Managing Costs In A Time Of Crisis

In this time of great challenges caused by a worldwide pandemic brought on by the rapid spread of the coronavirus, financial institutions are a crucial conduit to facilitate stimulus aimed at aiding widespread economic recovery. Government orders and voluntary initiatives to close businesses nationwide to control the spread of COVID-19, have delivered negative economic and societal impacts that must be addressed in the foreseeable future.


Seeing Is Believing… Or Is It?

Let’s start today with a short quiz. If you could take out a freshly sharpened No. 2 pencil, we can begin.
Q1: Employee A leaves Chicago at 8:00 a.m., heading west. Employee B is wearing blue socks and leaves New York City at — Oops. I’m sorry, I took a short diversion down the standardized testing lane. Let’s try that again.


From The President/CEO’s Desk

It’s hard to believe that the summer is drawing to a close.

I have mentioned previously in this publication that I grew up in a community banking household. My mother spent 20 years in banking, predominantly with two community banks in Connecticut. Kathleen loved her banking career. Even in the last few conversations that I shared with her before her passing, we talked about how proud she was of her accomplishments in her profession and the lives she was able to impact through her work.


A Word From PACB’s Chairman

Ahallmark of community banking has always been our ability to provide that personal touch to our relationship-based approach to financial services. With the onset of COVID-19, which severely hampered our ability to be able to physically interact with our customers, finding new ways of maintaining that personal connection to our customers was essential.