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The 2023 GonzoBanker Awards

Gonzobanker

Bank leaders must feel like Rocky Balboa after 15 rounds with Apollo Creed. Just think of what the industry dealt with in the last 12 months: The brunt of the unprecedented scope and pace of Fed rate hikes hit home, and banks have seen an.80 million (that’s right million) of financial donations and support to the community in 2025.

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8 Lessons From The Jamie Dimon Shareholder Letter

South State Correspondent

Last week, JPM released its 84-page 2023 shareholder letter and 364-page annual report. As usual, it was full of insight that every community banker should consider. Our focus is on information that pertains to the community banking industry. Bank leaders must obtain knowledge in person.

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7 ways community banks can boost profitability

Independent Banker

of digital banking customers said they switched to digital banking because of the pandemic. Source: 2021 Provident Bank survey. These days, there’s a lot to contend with as a community bank, from changing consumer behaviors due to the pandemic to uncertainty surrounding the economy and inflation. Quick stat.

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ICBA LIVE 2023: What to expect

Independent Banker

Illustration by Maïté Franchi With educational sessions on hot‑button issues, inspirational speakers and beneficial networking opportunities, ICBA LIVE is the greatest community banking event in the country. Everyone leaves the event with new information in hand to put into action back at their bank.” New connections.

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Preparing for Section 1071

Abrigo

The CFPB plans to issue a final rule implementing Section 1071 small-business reporting requirements by the end of March 2023, according to court filing. Those implementing regulations were coming. In fact, it took a lawsuit initiated by a California community group in 2019 to get things moving. Lending Regulation.

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The 2022 GonzoBanker Awards

Gonzobanker

Financial institutions that relied on mortgage banking fee income as a key earnings component have been left to make big adjustments. As if that wasn’t enough, regulators took a sledgehammer to debit fee income with Reg II changes that will begin reducing card-not-present interchange fees starting in July 2023.

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Agricultural Alert!

Independent Banker

million farms and the community banks that lend to them each growing season, Scanlan points out. In a surprise move, congressional leadership sought to reduce the crop insurance program by $3 billion at the end of 2015 to offset other spending initiatives. Other changes in rural loan programs are affecting community banks.