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A gift that will keep on giving

Independent Banker

It may be celebrating its 150th anniversary, but First National Bank of Fort Smith didn’t want presents this year. billion-asset The First National Bank of Fort Smith (FNB) was founded on Feb. The clubhouse at the Jeffrey location, a community gathering place since 1978, was in dire need of improvements.

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Steal This 5-Step Banking Innovation Playbook from Gentle Monster

South State Correspondent

With financial hardship, competition from dominant players, and a startup budget, Gentle Monster faced many of the same challenges as a community bank. How Banks Can Leverage: Niche markets abound in banking, and community banks are in the perfect position to create a following on a national level should they desire.

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Accounting About-Face

Independent Banker

Senate Banking Committee. She explained why lawmakers should exempt community banks from Basel III capital rule. Community bankers score big changes in final credit-loss standard. Speaking Out—ICBA Chairman Rebeca Romero Rainey (far left) testified in June before the U.S. By James Kendrick. Concessions stand.

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Competition Heats Up Between Large FIs, Small Banks, Alt Lenders ? And SMBs Win

PYMNTS

Thirty-four years have passed since SMB optimism was this high , according to the National Federation of Independent Business (NFIB). Meanwhile, SMB lending at small banks also increased, with these institutions approving more than 49 percent of SMB loan applications. percent decline in shares at large banks , coinciding with a 7.8

Lending 112
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3 Ways Credit Union Are Driving Growth

Abrigo

According to the Credit Union National Association (CUNA) , credit unions had a record year in 2015, with 3.7 Creating top-rated apps Banking is becoming increasingly mobile, as checks are now frequently deposited and money can be transferred via the convenience of an application on a smart phone.

Michigan 150
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How Can Banks Thrive in the Next Five Years?

Jeff For Banks

There is a fintech firm, SoFi, that was born in 2011, that focuses on millennials financial needs. It started refi'ing student loans, something very few banks do. Two percent is a big matzah ball out there to overcome and compete with Ally Bank. And what greater meaning can they get than at a community financial institution?

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Among the Last to Leave

Independent Banker

First Lieutenant Jeff Sabatke (back row, third from left) and the 3rd Platoon “Punishers” with A Company 20135 at Camp Adder in Iraq in 2011. Army Infantry Platoon leader who became a community banking manager. It’s no different in community banking. By Jeff Sabatke. It was 1 a.m. Paul, Minn.,