Jeff For Banks

DECEMBER 13, 2018

is the parent company of Willamette Valley Bank, a community bank headquartered in Salem, Oregon. The Bank operates five full service offices. Thanks to good old growth and balance sheet management which saw their net interest margin expand from 3.49% in 2015 to 3.80% today. Plumas Bank is an SBA Preferred Lender.

Oregon 101

Oregon Ohio California Community Bank 101

Independent Banker

NOVEMBER 13, 2014

And the great news, according to “American Millennials and Banking,” a major new study commissioned by ICBA, is that Bauhs and the 80 million other people in his generational cohort are prime potential customers for community banks. This is really the moment for community banks to show that they’re a fit for millennials.

Millennials 87

Millennials Community Bank social media Community 87

Abrigo

APRIL 14, 2020

Managing through uncertainty. It is no secret that we are all trying to cope with and manage through the uncertainty due to the coronavirus and the health and economic impacts of COVID 19. During the crisis in 2009, the banking system saw shockwaves hit, causing a number of bank closures. This too shall pass. .

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Community Lending Meeting Marketing 195

Jeff For Banks

JUNE 2, 2023

To you, manage your interest rate risk. The Great Recession, in contrast to the relatively short dot-com bubble recession, officially lasted from December 2007 to June 2009, the longest recession since the Great Depression. Although community banks did not lend to sub-prime borrowers in any meaningful way, did we participate?

FDIC 78

FDIC Community Bank Regulation Lending 78

Jeff For Banks

NOVEMBER 3, 2023

Unsurprisingly, the largest declines occurred starting monthly in March, 2006 and on a y-o-y basis in September, 2006 and continued to November, 2009. The largest monthly decline took place in May, 2009 at -27.2% Dorothy has been with Penn Community Bank and its predecessor since November, 2004.

Marketing 85

Marketing Community Bank Policies Community 85

Independent Banker

FEBRUARY 25, 2015

Coping just fine, community banks in energy-producing regions manage the oil-price plunge. Crude oil prices have dropped more than 50 percent from last July to this January, and they haven’t hovered this low since 2009. Pat Hickman, chairman and CEO of Happy State Bank, a $2.6 By Howard Schneider.

North Dakota 70

North Dakota Texas Louisiana Community Bank 70

Independent Banker

OCTOBER 29, 2014

Early Air Force service prepared the way for community banking in California. After some protesting on my part, explaining repeatedly that I knew absolutely nothing about banking, Mom used the classic mothering tactic of reminding me, “You know son, ‘Nothing ventured, nothing gained.’ ”. By Stephen M.

Community Bank 79

Community Bank Training Community Montana 79

Jeff For Banks

AUGUST 1, 2019

in eight of the forty-one quarters since 2009. Both spread inversions precede recession by 13 months (as in 2000 for the 2001 recession) to 26 months (as in 2006 for the 2008-2009 recession). Since June, 2009, GDP has risen a cumulative +25%, compared to +42.6% and is at risk of falling. Core PCE has only exceeded 2.0%

Marketing 60

Marketing US Community Bank Community 60

Independent Banker

MARCH 15, 2015

While out-of-town lenders gave money to customers requiring no down payments to buy overpriced homes that they couldn’t afford, Hartings, the president and CEO of The Peoples Bank Co. in Coldwater, Ohio, and ICBA’s incoming chairman, held fast to his community bank’s conservative lending practices. Fortunately, most did listen.

Ohio 70

Ohio Community Bank Community Lending 70

Jeff For Banks

AUGUST 12, 2018

annually since 2009, while the record expansion of the 1990s saw growth of 3.6%. One of the causes of low growth since 2009 is uncovered! Low productivity continues, just as it has since this recovery began in 2009, averaging only 1.3% Another of the causes of low growth since 2009 is unveiled! The economy has grown 2.2%

Marketing 60

Marketing Philadelphia Omaha US 60

Jeff For Banks

MAY 20, 2017

and New York Community Bancorp called off their planned merger. The upshot of the analysis, in my opinion, is that the risk can be further limited to CLD lending, more so than straight, plain vanilla CRE lending that is so common in community financial institutions. We perform this service for dozens of community banks.

Lending 60

Lending Regulation Community Community Bank 60

Jeff For Banks

SEPTEMBER 13, 2015

Chan was a former Bank of America senior executive, serving as the Corporate Treasurer, Enterprise Risk, and various other functions during his career. Selection: Greg Garrabrants, BofI Holding, Inc, (NASDAQ: BOFI) Greg has been in charge of the Bank since 2007. They "received" their funds, and lent it into their communities.

Community Bank 60

Community Bank Lending Community Security 60

Jeff For Banks

OCTOBER 25, 2018

since the current recovery began in June, 2009. since 2009, compared to 3% to 4% growth in other recoveries. DJ 10/17/18 Dorothy Jaworski has worked at large and small banks for over 30 years; much of that time has been spent in investment portfolio management, risk management, and financial analysis.

Marketing 66

Marketing US Taxes Trends 66

Jeff For Banks

JANUARY 16, 2016

As a matter of fact, the formula has pointed to above 1% since 2009. In any event, it is an unexpected result of the particle collisions now occurring at up to 13 teraelectronvolts, or “TeVs,” which is up from the 8 TeVs between 2009 and 2013. Dorothy has been with Penn Community Bank and its predecessor since November, 2004.

Community Bank 60

Community Bank Atlanta Data Marketing 60

Jeff For Banks

NOVEMBER 1, 2017

In fact, inflation has been less than 2%, the Fed’s presumed target, since 2009. We managed to score some of the eclipse glasses and observe the 80% eclipse here in PA). Dorothy has been with Penn Community Bank and its predecessor since November, 2004. Interestingly, her term on the FOMC does not end.

Marketing 60

Marketing Taxes DC Community Bank 60

Jeff For Banks

FEBRUARY 13, 2010

In the wake of the most dramatic industry disruption since the Great Depression, Wells managed a 1% ROA in 2009, and JPMorgan managed 0.58%. Comparatively, banks across the country had a 0.17% ROA in 2009. It appears Mr. Davis and his community bank outdid them both in ''09, and blew the cover off of the industry.

Industry 60

Industry Community Bank Operations Community 60

Jeff For Banks

NOVEMBER 7, 2016

from WWII to 2009. Investment managers are sitting on a near record level of cash in their funds, currently at 5.8%. Banks are sitting on huge reserves at the Fed. Dorothy has been with Penn Community Bank and its predecessor since November, 2004. Our Federal Reserve keeps talking about raising interest rates.

Tools 60

Tools Community Bank Risk Management Community 60

Jeff For Banks

MAY 31, 2017

Look at the decline in branches since 2009. I also believe that branches can be developed as competitive advantages for community financial institutions. In it, I wondered if customers would drink your brand Kool Aid if your branch manager had stacks of paper on her desk, or if your carpet had coffee stains from 1984.

Branch Strategies 60

Branch Strategies DC Groups Fintech 60

Jeff For Banks

JULY 8, 2017

million in December, 2008 and the peak occurred in October, 2009 at 21.4 DJ 07/04/17 Dorothy Jaworski has worked at large and small banks for over 30 years; much of that time has been spent in investment portfolio management, risk management, and financial analysis. This level compares to 12.3 The level reached 16.7

Marketing 60

Marketing Community Bank Security Data 60

Fintech Labs Insights

JUNE 8, 2016

Community-focused rewards program Buzz Points pulled in $1.8 million since launching in 2009 as fisoc, Inc. The app offers targeted marketing campaigns that enable community bank customers to use their mobile device to purchase, manage, and redeem points and offers with local businesses across the country.

Austin 12

Austin Community Bank Community Mobile 12

Fintech Labs Insights

MAY 3, 2017

Community banking app company Malauzai has teamed up with payment processing giant Vantiv to launch a youth spending tool called Family Manager: SmartKid Control. Founded in 2009, Malauzai last demoed at FinovateSpring 2016, where it debuted MOX Pay powered by Visual App Builder.

Tools 17

Tools Community Bank Branding New York 17

Fintech Labs Insights

APRIL 12, 2016

Finovate alums Malauzai Software and Geezeo have teamed up this week to bring Geezeo’s PFM tools to community financial institutions using Malauzai’s SmartApps technology solutions. Central to the partnership is a passion to serve community financial institutions.

Tools 12

Tools Indiana Austin Community 12

Fintech Labs Insights

JULY 16, 2015

” Previous investors in the company include Live Oak Banking Company and Wellington Management, which led the company’s last funding round, a $6.5 Malauzai specializes in developing innovative banking apps for community banks and credit unions. million fundraising, in May 2014. Tom Shen is CEO.

San Jose 12

San Jose Austin Iowa Software 12

Fintech Labs Insights

MARCH 15, 2016

CBANC , a network for community bank and credit union professionals, added a group of new features to its platform this week. The platform, which launched in 2009, enables users to collaborate with other industry professionals and share information on policies & procedures, vendor management and vendor product ratings.

UX 12

UX social media Austin New York 12

Jeff For Banks

DECEMBER 19, 2015

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. Not bad for a bank that is less than $1 billion in assets. What a ride! #3. BNCCORP, Inc.

North Dakota 60

North Dakota Arizona Michigan Florida 60

Fintech Labs Insights

JUNE 7, 2016

With MOX Pay from Malauzai Software , community banks and credit unions will be able to offer their business customers apps that will enable them to accept payments via remote deposit capture (RDC). Malauzai allows us to bring a service to the business community that currently no other financial institution in our area can provide.”

Payments 12

Payments Austin Software Texas 12

Fintech Labs Insights

DECEMBER 29, 2015

Detail holiday branch hours & service options (extra credit for a plug for online/mobile banking). This is not a tall order, yet only 9 of the 2o largest banks managed to do even one of those five during the week leading up to Christmas. Banks in the Holiday Spirit. Fifth Third Bank. BMO Harris.

Marketing 12

Marketing Milwaukee Maine Cards 12

Gonzobanker

DECEMBER 20, 2019

The company’s market capitalization, which after declining to less than $600 million in the 2009 recession, has now grown to almost $3 billion. billion of assets under management. It was always clear how much Jones loves his credit union, his team and his community. Bank Acquisition of the Year. Change Agent of the Year.

Idaho 148

Idaho Conference Data Marketing 148

Celent Banking

MAY 31, 2016

In Orlando, the theme of FIS Connect 2016 was Empowering the [Financial] World , and it was clear that FIS hopes to leverage some of the new products and technologies from SunGard last November in enhancing the traditional banking and payments offerings aimed into the larger banks that were in attendance.

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Conference Community Bank Boston Technology 100

Jeff For Banks

DECEMBER 12, 2017

The Bank, Old Second National Bank, lost a whopping $156 million in 2009 and 2010. Their non-performing loans (NPL)/total loans ratio peaked at 12.54% in 2010, and between 2009-12, the Bank charged off over 11% of its loan portfolio. is the holding company for Parke Bank, a $1.1 How did they lose it?

Minnesota 60

Minnesota West Virginia Virginia Iowa 60

Jeff For Banks

APRIL 14, 2022

2019 Mehrsa Baradaran Baradaran, Mehrsa The Color of Money: Black Banks and the Racial Wealth Gap 2019 Neil Barofsky Barofsky, Neil Bailout: An Inside Account of How Washington Abandoned Main Street While Rescuing Wall Street 2012 Patricia Beard Beard, Patricia Blue Blood and Mutiny: The Fight for the Soul of Morgan Stanley 2007 Ben S.

America 78

America National Denver United States 78

Gonzobanker

DECEMBER 20, 2018

Goes to the always-sharp Mitch Feiger and the team at MB Financial for the bank’s sale to Fifth Third at a 24% premium to market price in May. Timing is everything, and Feiger knew that after tripling the stock price since the 2009 downturn, it was time to get the shareholders a solid payback. Bank Purchase of the Year.

Fintech 102

Fintech Conference Innovation Community 102

CB Insights

MAY 15, 2019

DBS Bank — DBS Asia X (DAX). Key people: Annie Ye, Head of DAX, Senior Vice President, DBS Innovation Group; Neal Cross, Managing Director & Chief Innovation Officer. Notable projects: DAX teamed up with POSB, part of DBS Group and the oldest local bank in Singapore, to help co-create the POSB Smart Buddy. Founded: 2016.

Innovation 78

Innovation blockchain Technology Groups 78

Jeff For Banks

FEBRUARY 3, 2017

Since the recovery began in June, 2009, real GDP growth has averaged 2.3%. In the past ten years, the economy has not managed even one year of 3.0%+ growth. The two year Treasury yield reached 1.26%, its highest level since August, 2009 and the ten year Treasury yield reached 2.58%, its highest level since September, 2014.

Marketing 60

Marketing Taxes Regulation US 60

Gonzobanker

SEPTEMBER 5, 2017

Banks impacted by the regulation have dealt with the effects on interchange income and regulatory compliance costs in several ways. They: Scaled back free checking (80% of banks offered it in 2009 compared to 38% today); Initiated new account fees, higher balance requirements and fewer debit card rewards; and.

Risk Management 60

Risk Management Compliance Survey Cards 60

Abrigo

JULY 23, 2021

It is a concept that we have all heard of, however, the concept remains somewhat of a mystery in the community bank world. Despite being added to OFAC’s SDN List in 2009, the use of these front companies allowed him to conceal his role so that wire transfers made from Iranian entities, cleared through U.S.

National 195

National Training United States Regulation 195

Jeff For Banks

NOVEMBER 16, 2020

Did you manage a vacation over the summer? It is no coincidence that growth was in the low 2% range since 2009, when debt was sustained at over 90%. Dorothy Jaworski has worked at large and small banks for over 30 years; much of that time has been spent in investment portfolio management, risk management, and financial analysis.

Marketing 78

Marketing National New York City Taxes 78