If imitation is the sincerest form of flattery, then community banks should feel quite honored when large institutions talk about their goals.

Last month, for example, I was in the audience when T. Joseph Semrod, chief executive of $23 billion Summit Bancorp, addressed the annual CPA/bankers meeting sponsored by the New Jersey CPA Society.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.