Independent Banker

SEPTEMBER 21, 2015

imberly Anderson, senior vice president and chief administrative officer of Cañon National Bank in southern Colorado, became her community bank’s loan compliance officer in 2003. In early 2004, examiners visited her $253 million-asset bank, an experience that revealed a need—someone with a stronger compliance background. “I By Ed Avis.

Compliance 70

Compliance Community Bank Community Training 70

CFPB Monitor

SEPTEMBER 25, 2015

The bank engaged in limited marketing outside of its branch network that focused on neighborhoods with relatively few Black and Hispanic residents and therefore “failed to advertise meaningfully in majority-Black-and-Hispanic neighborhoods.”

NJ 60

NJ New Jersey New York Philadelphia 60

Jeff For Banks

JUNE 8, 2013

Louis Fed recently performed a study to uncover the characteristics of community banks that thrived during the financial crisis. It appears that banks that had the ability to do the same during the heady lending times of 2004 - 2007 found it to be an enduring strategy (see table from Fed study). And fire your strategists.

St. Louis 109

St. Louis Lending Study Strategy 109

Jeff For Banks

JANUARY 16, 2016

US stocks fell 6% to 7% during the first week of January, following world stock markets in a downward spiral. Its stock markets are said to have led the world markets plunge, with clumsy attempts by their regulators’ circuit breakers to stem declines actually making them worse. First and foremost, China is at it again.

Community Bank 60

Community Bank Atlanta Data Marketing 60

Insights on Business

JANUARY 10, 2017

Many major hotel chains are aware that their market valuation has been eclipsed by Airbnb. And Blockbuster, which in 2004 had about 60,000 employees and more than 8,000 stores, was in bankruptcy by 2010 because Netflix and other on-demand video providers figured out how to deliver a much more convenient and rewarding experience.

Customer Experience 87

Customer Experience social media Video Innovation 87

Jeff For Banks

JULY 24, 2015

If selling in stocks and bonds begins in earnest over this crisis, we will have some of the first tests of liquidity in the markets since new regulations kicked in and restricted financial institutions from trading or making markets. Dorothy has been with First Federal of Bucks County since November, 2004. Stay tuned!

Puerto Rico 60

Puerto Rico Community Bank Community Risk Management 60

CB Insights

OCTOBER 26, 2020

This regulation reduced trading profits and created a need to cut costs, spurring investment banks to spin off unprofitable divisions or eliminate them entirely. And across equity research and sales & trading, poor performances and new regulations have led to widespread layoffs as banks have figured out they can do more with less.

Management 78

Management Capital Company Marketing 78

Jeff For Banks

OCTOBER 19, 2012

First of all, if they continue to buy securities, they are removing many of the high quality securities from the marketplace, possibly causing a disruption or shortage in the markets. We may be skeptical, but the markets keep telling us: Don’t fight the Fed! Dorothy has been with First Federal of Bucks County since November, 2004.

National 79

National Security US Massachusetts 79

PYMNTS

FEBRUARY 13, 2017

The businesses that we track and profile in our Store Front Index — the home remodelers, salons, spas, small retailers, delis, coffee shops and restaurants that contribute to the health and vitality of the local communities — are not only declining, they’re not even getting off the starting blocks. But maybe that’s the good news.

Retail 134

Retail Innovation Maine Community 134

PYMNTS

JANUARY 20, 2020

Community banks are often the familiar faces of the financial services world, and when small businesses seek capital, their neighborhood financial institution can be a promising place to start. While they continue to play an important role in small business financing, the community banking market is drastically shrinking in the U.S.

Community Bank 111

Community Bank Community Lending Capital 111

Jeff For Banks

FEBRUARY 3, 2017

His election has already brought change to the financial markets, sending stocks rising 6%, as measured on the S&P 500 index, and sending interest rates to their highest levels in years. Clearly, the markets expect change. The markets must think that GDP growth will soar on January 21 st.

Marketing 60

Marketing Taxes Regulation US 60