Ublocal

JUNE 5, 2023

Working capital is the lifeblood of any business, but it can be challenging for small business owners and entrepreneurs to get conventional financing. SBA loans were created to fill that gap. Contrary to popular belief, SBA loans aren’t just for start-ups or businesses that get turned down for conventional loans.

New Hampshire 98

New Hampshire Vermont Resources Taxes 98

PYMNTS

JULY 26, 2020

Equifax , the Atlanta-based financial technology company, has purchased Ansonia Credit Data , a commercial credit data firm. Equifax said the addition of Ansonia’s data will complement its commercial databases of SMB loans, leases and credit lines including the Equifax Commercial Financial Network (CFN) and PayNet database.

Data 167

Data Company Pennsylvania Atlanta 167

PopularBank

OCTOBER 2, 2020

On October 5, Popular will proudly celebrate our 127 th year of service. This is truly a tremendous milestone for our organization. When we first opened our doors, we did so with a great sense of purpose and a vision to make a difference within our communities. I am proud to share that Popular, Inc.

Community 98

Community New York New Jersey Meeting 98

Independent Banker

MARCH 31, 2022

Despite the finance industry’s historical dependence on in-person interactions to build trust and do business, remote and hybrid work models are here to stay.”. billion-asset community bank has left the decision of who works where to the leaders of its business units. As CEO, my main concern is the dilution of our culture,” he says.

Missouri 142

Missouri Community Bank Community Management 142

Bobsguide

APRIL 21, 2022

Finastra appoints Isabel Fernandez to accelerate lending business growth. Company welcomes Isabel to the Finastra leadership team, as EVP, Lending Business Unit. Isabel will be part of Finastra’s recently expanded leadership team as the company pivots to a ‘Business Unit’ led model.

Lending 109

Lending Leadership Community Software 109

Abrigo

JULY 25, 2022

You might also like this webinar, "How to Position Yourself for High-Yielding Ag Loan Growth." Takeaway 2 Ag sector receipts are expected to increase, but so are input costs, so loan demand could pick up by 2023. . Takeaway 3 Ag lenders can take steps now to prepare for stronger ag loan demand so they can meet needs efficiently.

Lending 195

Lending Kansas City Kansas Resources 195

Independent Banker

APRIL 30, 2022

Whether it’s products and services, technology strategies or employee benefits, independent community banks decide on their own terms what’s best for their business and their customers. On the next pages, you’ll find our listings of the top-performing community banks of 2021 alongside interviews with some of the winners.

Community Bank 172

Community Bank Community Montana Taxes 172

PYMNTS

OCTOBER 24, 2018

HSBC Holdings announced that it is teaming up with online lender Avant to offer unsecured loans to consumers. arm will utilize Avant’s platform to offer personal loans as high as $30,000 with terms up to five years. Personal loans are an area of opportunity,” Jeremy Balkin, head of innovation for HSBC U.S.’s

Retail 115

Retail Online Digital Banking Management 115

PYMNTS

NOVEMBER 26, 2019

This is the digital bank’s fourth acquisition of a working capital loan portfolio. He added that TAB Bank is embracing the chance to expand in the Dallas-Fort Worth market and are “pleased to welcome BAM’s staff in Dallas to our team.” .

Capital 130

Capital Fort Worth Dallas Lending 130

Ublocal

OCTOBER 6, 2022

Starting your own business is an incredibly exciting moment in your life, whether you’ve ventured into business ownership before, or if this is your first time setting up shop. From the first spark of an idea to the day you open your doors to the public, there’s plenty to keep you busy along the way. million people.

New Hampshire 52

New Hampshire Vermont Community Lending 52

South State Correspondent

OCTOBER 28, 2022

Our teams just returned from back-to-back weeks at the Gartner Symposium in Orlando and Money 20/20 in Las Vegas. Every day we walked 8+ miles, talked to countless vendors, sat through PowerPoints, had our share of EDM piped into our ears, and ate a lot of dried-out chicken. Small Idea – It’s Our Kid’s Technology.

Conference 195

Conference Technology Las Vegas Trends 195

South State Correspondent

NOVEMBER 9, 2023

We tracked almost 100 banking technology trends throughout the year and now bring you the top ten, in order, based on our view of long-term strategic importance. From the topics, we apply our core framework (below) of technology enablement to improve the total experience, either for the customer or the employee.

Trends 195

Trends Technology Fraud Data 195

Independent Banker

DECEMBER 31, 2022

Our CEO roundtable participants. Q: What will be your community bank’s greatest business challenge in 2023, and how are you preparing for it? Our bank is built on a low to moderate risk profile. Clearly, thoughtful actions will be required in the coming year, but our proactive positioning is the foundation. Koger Propst.

Community Bank 91

Community Bank Community Tampa North Carolina 91

South State Correspondent

JULY 6, 2022

For example, if you were to attend your annual State Bar Association meeting with a target-rich attendee list full of managing partners and law firm office managers, you would likely be one of only three banks there. Create a common evaluation framework and ensure you have communication between bank teams that attend.

Data 195

Data Management Conference Branding 195

Gonzobanker

DECEMBER 22, 2020

Bankers started the year with good business plans, strong balance sheets, and optimism. By making 9 million small business loans totaling $750 billion, more than the previous 10 years combined. By providing unprecedented loan relief and loan counseling/assistance for millions of their customers impacted by the pandemic.

Idaho 183

Idaho Community Industry Strategy 183

South State Correspondent

APRIL 27, 2022

Total experience is the business strategy for creating superior customer AND employee experience. Leaders managing product teams or departments should keep these fundamentals top of mind when launching or improving a program. Bank teams should partner with line employees and customers to co-design parts of the customer experience.

Customer Experience 195

Customer Experience eBook User Experience Policies 195

PYMNTS

MARCH 18, 2019

million (just over $20 million USD) in new funding , which will be used to launch a bank that focuses on small and medium businesses (SMBs). million was raised through the issuing of unlisted and unsecured convertible loan notes (CLNs). City of London Group (COLG) announced that it has raised £15.2

Groups 103

Groups Metro Lending Strategy 103

Accenture

MAY 22, 2019

I am excited to have Tim O’Donnell join our Payments team as a managing director and draw on his insights in developing this blog. As a result, most bank business interactions are the same as they were 20 years ago. The stress on traditional revenue models is one of the most significant forces of change in commercial banking.

Payments 150

Payments Customer Experience Survey Capital 150

Gonzobanker

MAY 21, 2019

The following fictional memo describes what the team at Cornerstone Advisors imagines would transpire. The framework to assess the acquired bank is based upon Bezos’ famous 2016 shareholder letter that outlines Amazon’s core business philosophy. Define a “target customer experience” for our first go-live sprint within 120 days.

Customer Experience 112

Customer Experience Analytics Management Operations 112

Gonzobanker

DECEMBER 19, 2022

1 issue raised by CEOs in our surveys, bankers had to craft a new and compelling post-Covid value proposition to attract it. So relax, put up your feet, indulge with your favorite indulgence, and enjoy our salute to 2022 industry stars. SoFI gets a commercial bank that brings deposits, compliance, AND business lending.

Community 216

Community Fintech Industry Innovation 216

South State Correspondent

JULY 19, 2022

After talking to fans and brainstorming, Ogilvy Brazil, smartly asked the question – who can we align ourselves with that would have a vested interest in helping us meet our objective – reducing fighting? One bank partnered with a multifamily association to help renters apply for loans and to provide guarantees faster.

Branding 195

Branding Marketing social media Community 195

Jeff For Banks

SEPTEMBER 24, 2022

In that meeting, the CEO of a community bank said he offsets his branch costs by leasing branches out to unrelated businesses, like a masseuse. In survey after survey, retail and small business customers consider branch location as important in determining where to bank. Proper Measurement - "We have loans there!" "We

Community Bank 78

Community Bank Community Survey Management 78

Gonzobanker

MARCH 26, 2020

How fast can a loan portfolio be analyzed for credit risk? According to the Cornerstone Performance Report for Banks , the median bank’s active mobile banking users as a percentage of checking accounts was 36% in 2019, digital origination of consumer loans stood at 12% of volume, and deposit accounts originated online were an anemic 2%.

Mobile 188

Mobile Digital Banking Strategy Resources 188

Gonzobanker

JULY 10, 2020

Despite their opposing outlooks for capital recovery, banking leaders coming out of the mindshare grab of COVID-19 and PPP loans now need to get their teams aligned around adjustments, priorities and focus areas. How should we be thinking of investments in our channels – digital, branch, contact centers, ITMs – in the future?

Risk Management 88

Risk Management Capital Strategy social media 88

Gonzobanker

MARCH 23, 2020

In the midst of Coronavirus uncertainty, we must be mindful of what we can control and how we want our story to be read. In the back of our minds, we know the worst is yet to come. Our course of action is to understand what we know, acknowledge what we don’t know, and be decisive as we balance the two. CONSUMER BEHAVIOR.

Community Bank 154

Community Bank Tools Case Study Online 154

Gonzobanker

DECEMBER 17, 2021

We know the customer buying and use of financial services is being fundamentally changed by fintech, but our long-term strategies to invest/partner/buy/compete are very much works in progress. And all of this made margin and fee income compression a given in planning the future business model. Confidence and team morale are strong.

Fintech 148

Fintech Strategy Leadership Lending 148

Independent Banker

MAY 31, 2022

ISD graduate Cailyn Cordell became a teller at Blue Ridge Bank after completing the new business course. They have teamed up to offer a course that teaches students about banking and personal finance. The superintendent was looking to brainstorm ways the school district could fit a banking course into the Business Pathway.

Community Bank 91

Community Bank Community Kansas City Course 91

Gonzobanker

JANUARY 12, 2023

CEO Marvin Fredrick is meeting with CFO Glenda Jenkins to go over their latest investor deck, which will highlight 2022 earnings performance and emphasize the strategic strength of the institution. Hate to say it but ol’ Jay Powell may have saved our jobs, Glenda. The scary edge we are walking on with our deposit rates.

Training 78

Training Strategy Meeting Marketing 78

Jeff For Banks

JULY 5, 2022

I was invited to speak at a bank client's annual meeting of shareholders on what I think a bank needs to do to thrive. But, since I AM a shareholder, and I've know the team for a long time, they put no limitations on me. They are/were the business owners, demanders of capital and loans, and significant depositors.

Millennials 78

Millennials Community Pennsylvania Community Bank 78

South State Correspondent

OCTOBER 20, 2022

Below are some benchmark times for popular products or events and the difference between “wowing” and meeting expectations. A customer gets stuck during the digital loan application process because the bank did not provide adequate education before or during the process. ” The result? ” The result?

Policies 195

Policies Training Customer Experience Examples 195

Jeff For Banks

DECEMBER 29, 2021

What is unique is, after reviewing the management team and board, there are people of Korean, Malaysian, Indian, and Chinese descent in leadership positions. This was fueled mainly with loan growth. and equipment lending and asset based lending through Triumph Commercial Finance. At least that is what I can tell from the bios.

Capital 78

Capital Texas Metro North Carolina 78

Gonzobanker

MARCH 24, 2020

small business market. Gonzo bankers, we are facing events that will cause an immediate impact on the small businesses in our communities and in our portfolios, and now more than ever we need to show our stuff! If you haven’t segmented, just rescore the entire commercial portfolio.

Groups 68

Groups Strategy Guidelines Operations 68

Ublocal

DECEMBER 22, 2021

In celebration of our new Shelburne Village branch recently opening, we have collected input and insights from the wonderful community of people working and living in Shelburne, Vermont. Vice President, Branch and Business Development Manager : “After more than 27 years in banking it’s good to finally work for a Vermont based bank.

Vermont 52

Vermont Community Charlotte Leadership 52

Independent Banker

NOVEMBER 25, 2015

Milwaukee is about an hour away, so we have a nice pulse on our customers, which allows us to be in front of any new business as well as continue current customer relationships. Investor Community Bank’s core belief is to walk in the shoes of our customer and really understand the business’s as well as the owner’s needs.

Community 70

Community Community Bank Milwaukee Wisconsin 70

Jeff For Banks

MAY 18, 2014

Community bankers hunt aggressively for experienced lenders to grow their loan portfolios. I outlined a Business Banker job description in a prior post based on what I hear from bankers about what they expect from that position. So I opined to a community bank client what I thought was a healthy composition of business bankers.

Training 91

Training Community Bank Groups Community 91

Jeff For Banks

FEBRUARY 24, 2022

PPP urgency must be our norm. I used the embedded commercial as indicative of the life span of a project at a community bank. And my observation was validated at a recent bank strategic planning retreat where the strategy team said solutions contracts that they signed last year will be lucky to be implemented by the end of this year.

Management 78

Management Community Bank Community Arizona 78

Gonzobanker

APRIL 2, 2015

As a long time reader and first time contributor, I am excited to be a part of the Cornerstone Team and a GonzoBanker! My passionate goal as part of the Gonzo team is to shake up one of the remaining segments in lending that has yet to go through a significant transformation: Commercial Lending.

Lending 60

Lending Meeting Training United States 60