Remove 2007 Remove Community Remove Leadership Remove Marketing
article thumbnail

Best Community Banks to Work For 2022

Independent Banker

Community Financial Services Bank, Benton, Ky.; In our annual workplace survey, employees of ICBA’s best community banks to work for told us they benefit from engaging cultures, opportunities for advancement and innovative benefits. On Thanksgiving 2007, he founded Bank of Montana, which now has one branch and 13 employees.

article thumbnail

The Death of the Community Bank

Jeff For Banks

In June of 2008 I gave a speech titled "The Death of the Community Bank" and in that speech I made predictions. Much like the General Store fell victim to the supermarket and the lumber yard fell victim to Home Depot, I predicted the community bank that did not pick targeted customer niches or develop product expertise will meet it's doom.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Beneficial State Bank’s financial activism

Independent Banker

Under the leadership of CEO Randell Leach, Beneficial State Bank is pursuing an ambitious mission of financial activism and strong corporate values. The idea that community banking can be a force for positive change is at the heart of Beneficial State Bank, which engages its customers through financial activism. Photo: Ashley Courter.

Oakland 153
article thumbnail

CFPB hires Assistant Director for Office of Small Business Lending Markets; announces other senior leadership additions

CFPB Monitor

Earlier this week, the CFPB announced the addition of several new members to its senior leadership team. The announcement included the news that the CFPB has filled the position of Assistant Director for the Office of Small Business Lending Markets.

article thumbnail

2021 GonzoBanker Awards

Gonzobanker

For the past four-plus years, Chesler has guided Glacier through continued growth and successful acquisitions across the West, all while staying true to Glacier’s local market culture. Goes to Eric Sprink, Coastal Community Bank , Everett, Wash. Lifetime Leadership Achievement Awards. GonzoBanker of the Year – Credit Union.

Fintech 142
article thumbnail

Employee Retention: Keep the Keepers

Jeff For Banks

million in December 2018, the highest since pre-recession 2007. Employees may tell you they are leaving for more money, and if your compensation is not in the ballpark for the value they can get on the open market, then perhaps that is true. Seven years ago I wrote about this on these pages , and I haven't seen much improvement since.

article thumbnail

Banking's Top 5 Total Return to Shareholders: 2021 Edition

Jeff For Banks

I chose five years because banks that focus on year over year returns tend to cut strategic investments come budget time, which hurts their market position, earnings power, and future relevance than those that make those investments. MCBS, with a market cap of $705 million, and LTM revenues (net interest income plus fee income) of $125.5

Capital 78