article thumbnail

7 ways community banks can boost profitability

Independent Banker

Here’s what community bankers need to know when planning their budgets for the next year. of digital banking customers said they switched to digital banking because of the pandemic. Source: 2021 Provident Bank survey. Here are seven factors community banks should consider as they enter budgeting season.

article thumbnail

Why Citi and Seattle Bank joined Google Pay

American Banker

The megabank and community bank recently announced they're offering accounts through the payment app. Both gave similar reasons: They need big tech to help them attract new customers.

Seattle 87
Insiders

Sign Up for our Newsletter

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

article thumbnail

B2B Payments, Biometrics, Amazon Go Tech Top This Week’s News

PYMNTS

The bank called the claims “unnecessary and unwarranted” per a report. Amazon To Deliver Coronavirus Test Kits In Seattle. Amazon Care was reportedly talking with local health groups about helping deliver at-home testing kits for COVID-19 in Seattle. Seattle has become one of the regions of the U.S.

Seattle 231
article thumbnail

The 2022 GonzoBanker Awards

Gonzobanker

Hats off to Thomas Shara at Lakeland and Tony Labozzetta of Provident for architecting the new $25 billion super-community bank in New Jersey. All of this while knocking out a stellar 1.35% ROA and leading industry, community, and philanthropic efforts everywhere. Provident Financial Services, Inc. merges with Lakeland Bancorp.

Community 216
article thumbnail

Smaller, Tech-Oriented Branches Gain Steam in Booming Markets

American Banker

Banks in cities such as Seattle and New York are getting creative with branching, adding some that are smaller than modest apartments.

Seattle 28
article thumbnail

GonzoBanker Awards 2017

Gonzobanker

THE BANKING AWARDS. Rainbolt has quietly built a community bank in the past 20 years that is closing in on $2 billion of market cap. GonzoBanker of the Year – Large Banks. 16 passing of Robert Wilmers, chairman and chief executive officer of M&T Bank Corp. The Credit Unions Can Act Like Fintech VCs Award.

article thumbnail

Stripe Teardown: How The $35B Payments Company Plans To Supercharge Online Retail

CB Insights

Stripe’s early success in acquiring customers was largely due to its mass appeal to the developer community. Early customer acquisition came in large part from the buy-in of online developer communities like Github and Stack Exchange. Issuing serves corporate expense and digital banking use cases, among others.

Online 98