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5 New Year’s Resolutions For Any Sized Bank That You Must Get Right in 2023

South State Correspondent

Popular projects for 2023 include online loan and deposit onboarding utilizing third-party data to speed the process, compliance-as-a-service, payments, card controls, service case management, leveraging data for customer insights, and providing open banking APIs to customers. Sectors like office, retail, and hospitality, are even worse.

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Duly Authorized

Independent Banker

“Banks need to use as many tools as they possibly can to mitigate their risk, including training and staying current about the different fraud possibilities,” says Mary Gilmeister, president of WACHA, a regional payment association. Having proper technological safeguards in place can be critical. billion-asset community bank.

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Guest Post: Financial Markets and Economic Update - First Quarter 2024

Jeff For Banks

If the Atlanta Fed’s current GDPNow projection for 1Q24 GDP of +2.1% ISMs and regional Fed surveys have been mostly negative for months on end. Nominal GDP is not the only consideration, but it’s a pretty important one. comes true and the implicit price deflator is 2%, the Fed Funds minus nominal GDP spread will be 1.0%

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Guest Post: Fourth Quarter and Year End Economic Commentary by Dorothy Jaworski

Jeff For Banks

GDP in the 4Q15 is tracking at 1.0%, according to the Atlanta Fed. In our region, the Philly Fed indices of business activity all turned negative in December, but, hey, higher rates will help, right? One look at most of the other economic data shows slowing momentum in both the manufacturing and services sectors. Stay tuned!

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The 2019 GonzoBanker Awards

Gonzobanker

billion of assets under management. Hats off the Schools Financial’s board and management for acknowledging that even multi-billion dollar credit unions can drive value via merging with someone bigger. We salute CEO Frank Weidner, CIO David Mason and Strategic Insights Manager Mike Lindberg for taking this big strategic step.

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