South State Correspondent

NOVEMBER 29, 2023

One of the lessons that was driven home at the recent American Banker Small Business Banking Conference in Nashville was the difference in marketing between large national banks and community banks, particularly deposit marketing. Many banks fall into the “recency trap.” There is a reason for this.

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Abrigo

MARCH 8, 2024

In 2024, we face sophisticated schemes exploiting both technology and social engineering to target unsuspecting customers. While previously, fraud was local or regional, today, scammers leverage technology extensively. While wire transfers offer speed and efficiency, they have always carried inherent risks. Spread the word.

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Fraud Technology Trends Training 195

South State Correspondent

MARCH 28, 2024

By partnering with community leaders, state and federal agencies, local commissions, and commercial customers, banks can be an effective conduit to leverage this public capital better while making sure the funds are fully utilized effectively in the communities we serve. Partnership with aligned community groups will be critical here.

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America Strategy Taxes Community 195

Gonzobanker

DECEMBER 14, 2023

Not the financial industry’s “Troublemakers ” – those regional and community banks, credit unions and supporting fintech entrepreneurs who continue to engage customers and communities and find niches that keep the grassroots of our country’s financial system alive and kicking. Expect more deals to be announced in 2024.

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Fintech Community Regional Technology 195

PYMNTS

FEBRUARY 4, 2020

“Our strategic partnership with Visa represents a great opportunity to further accelerate digital payments innovation in the region. as well as leading regional, community and selected global banks organized to support FinTechs,” Mouilleron said. “As We anticipate more than 50 percent of our revenues to come from the U.S.

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New York Regional Digital Banking Fintech 132

PopularBank

DECEMBER 11, 2023

In addition to Molly’s impressive track record leading PAB, she has been actively involved in community work, serving on the board of United Community Options of South Florida, an organization that helps developmentally challenged individuals reach their full potential through educational workshops and activities. Billion in deposits.

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Management Florida Community Leadership 52

South State Correspondent

MAY 9, 2022

In our previous article ( HERE ), we reviewed the banking industry’s cost of funding earning assets (COF), and we compared how community banks’ COF behaves relative to national banks in a rising interest rate cycle. The market anticipates about $3 trillion in total balance sheet reduction by the end of 2024.

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PYMNTS

OCTOBER 6, 2020

billion people – will likely be using online and mobile banking services by 2024. Experts predict that trend will continue to grow to the point where half of the global population – or some 3.6

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Digital Banking ATM Mobile Atlanta 256

South State Correspondent

SEPTEMBER 20, 2023

We have also included the IBIS World 2024 risk ratings to provide some context for the credit and operating risk of the counterparty. National and regional banks control 70% of the cash management market, yet most cash management customers choose their bank because of service.

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Management Survey Industry Community Bank 195

CFPB Monitor

JUNE 25, 2020

On May 20, 2020, the OCC issued a final rule to “strengthen and modernize” its existing Community Reinvestment Act (“CRA”) regulations. Small and intermediate banks must comply with the rule by January 1, 2024. This is the second in a series of five blog posts about the final rule.

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Community Lending Meeting Retail 97

American Banker

NOVEMBER 22, 2016

Huntington Bancshares in Columbus, Ohio, said it plans to add 1,000 jobs by 2024 at a new office complex in Columbus and lend $300 million to low- and moderate-income communities in the city over the next five years.

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Columbus Lending Ohio Community 28

CFPB Monitor

JUNE 15, 2020

On May 20, 2020, the OCC issued a final rule to “strengthen and modernize” its existing Community Reinvestment Act (“CRA”) regulations. of Community Development Fund Advisors. Under the agency’s final rule, the same facts and circumstances will be evaluated in a similar manner regardless of the particular region or particular examiner.

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Community FDIC Lending Examples 60

Abrigo

FEBRUARY 6, 2024

Takeaway 2 Community banks may face challenges seeking reimbursement for breach of warranty claims filed with other FIs. According to fraud strategists , check fraud is projected to soar to $24 billion in 2024. You might also like this on-demand webinar explaining how fraudsters use checks to their advantage.

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Fraud Training Trends Regional 221

Abrigo

FEBRUARY 8, 2024

Check fraud alone, the most significant current fraud threat, is projected to create losses of $24 billion in 2024. Some options include: In-person fraud prevention seminars, either held at a branch location or a local community center. The Federal Trade Commission (FTC) reports that U.S.

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