Remove Community Bank Remove Lending Remove Management Remove Missouri
article thumbnail

Small banks: Big challenges and big opportunities

Abrigo

Relationship focus helps CFIs Small banks can leapfrog competitors and better serve their communities by combining their unique advantages with smart management and partnerships. Takeaway 3 With effective technology, the bank can continue to grow its portfolio without necessarily adding staff.

article thumbnail

At home with HOA banking

Independent Banker

Academy Bank COO Tom Kientz notes that the community bank was eager to expand its deposit and loan services. Looking for an avenue to increase its deposit base, Academy Bank tapped into a market it hadn’t explored before: homeowners associations. Academy Bank in Kansas City, Mo., Photo by Jason Tracy.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Aiming for Earnings

Independent Banker

More than ever, community banks are exploring new ideas and unconventional approaches to achieving greater profitability. on profitability in community banking. on profitability in community banking. Missouri Bank sharpens focus on trimming expenses. Calculated Lending. Rolling Along.

article thumbnail

Core Unicorn Deals Rattling the Future of Financial Technology

Gonzobanker

While both firms have strong underlying technology and development shops, neither Finxact nor Technisys has the functional requirements to service all consumer and commercial account types for most regional and community banks. Let’s be clear Gonzobankers, these deals are NOT about massive numbers of bank core replacements.

article thumbnail

Branch Transformation: Innovating to be Nimble

Banking 2020

Banks must innovate and be nimble to address emerging client needs in the neighborhoods they serve. As community banks, we must recognize and be responsive to what our clients are demanding of us. The perennial challenge in the industry is for banks to find ways to foster deeper and more satisfying relationships with clients.

article thumbnail

Banking's Total Return Top 5: 2014 Edition

Jeff For Banks

through its subsidiary BNC National Bank, offers community banking and wealth management services in Arizona, Minnesota, and North Dakota from 14 locations. It also conducts mortgage banking from 12 offices in Illinois, Kansas, Nebraska, Missouri, Minnesota, Arizona, and North Dakota.

article thumbnail

Banking's Total Return Top 5: 2015 Edition

Jeff For Banks

The bank was hammered with credit problems during the financial crisis, as Michigan's economy was hit pretty hard. Between 2008-11, the bank lost over $200 million, and its equity base was cut in half. But management went to work. Selling branches, shrinking the balance sheet, raising equity, and working out bad loans.