Independent Banker

JANUARY 31, 2022

Here’s how four community banks are thriving in this environment. The 2020 Census quantified the growth many residents were already sensing: Austin grew by 33% between 2010 and 2020, earning it the rank of fastest-growing large metro. Photo by Dennis Burnett. By Mindy Charski. The Houston metro took the 10th spot with a 20.3%

Texas 182

Texas San Antonio Community Bank Community 182

PYMNTS

APRIL 13, 2020

Austere institutions that seemed impervious to change are reinventing themselves fast, as empowered consumers demand terms and services that banks would have found laughable in 2010. percent of consumers are either ‘very’ or ‘extremely’ likely to use or already use national banks, and 60.1 Our survey shows that 64.2

Digital Banking 154

Digital Banking ATM Community Bank Survey 154

PYMNTS

NOVEMBER 25, 2016

The National Federation of Independent Businesses ( NFIB ) and American Express have recently released their fifth annual Small Business Saturday Consumer Insights Survey. Small Business Saturday began in 2010, created by American Express. Here are some of the key findings. In the last two years, American Express has added 1.6

Survey 100

Survey Retail Community National 100

Abrigo

DECEMBER 16, 2019

Ours, who is Senior Vice President and Director of Credit Administration of Summit and its 32-location bank subsidiary, Summit Community Bank Inc., Ours said that for Summit Community, which decided to use the cohort methodology, which is a loss migration approach, the choice came down to the availability of quality data. “We

West Virginia 195

West Virginia Virginia Data Community 195

Independent Banker

OCTOBER 1, 2022

But as the prevalence of security breaches grows, so do the opportunities for community banks to position themselves as guardians of their customers’ personal data through compliance, technology and relationship building. Shielding sensitive customer information from prying eyes remains a chronic industry challenge. By Katie Kuehner-Hebert.

Data 91

Data How To Community Bank California 91

Abrigo

AUGUST 26, 2015

This is the sentiment of several high-profile executives regarding the National Credit Union Administration’s (NCUA) stance on examination cycles for credit unions. In 2010, following the economic downturn, the NCUA moved from an 18-month period to the current 12-month one. “… it’s not 2008.”.

Survey 150

Survey Community National Community Bank 150

PYMNTS

DECEMBER 10, 2018

The survey revealed a range of data points that reflect SMBs’ optimism: most SMBs expect both national and local economies to improve, and for their revenues to increase in the coming year. According to Paychex, the index hit its lowest level since 2010 and, as a result, small business owners are bumping up wages.

Marketing 148

Marketing Data Survey America 148

CFPB Monitor

NOVEMBER 8, 2022

477 (2010) (holding that a party alleging a structural separation of powers challenge to an agency need not endure the process over which an allegedly-unconstitutionally-insulated official presides before it can get judicial review). On October 19, 2022, the Fifth Circuit held in Community Financial Services Association of America v.

Arizona 78

Arizona FDIC Community Texas 78

PYMNTS

AUGUST 26, 2016

Austin’s startup community has seen a big transformation over the years. But as Nate Stewart, Group Product Manager for BigCommerce, pointed out, today startups comprise a sizable percentage of the city’s community. “As There’s a positive feedback loop here that’s causing more and more startups to be created in or move to Austin.”.

Austin 100

Austin Fintech New York City Community 100

Jeff For Banks

DECEMBER 18, 2014

They are built as a relationship bank serving the Korean community in LA and surrounding areas. The lion''s share of their growth, profitability, and capital have come since their re-branding to Open Bank in 2010. share at the end of 2010. Year to date through September 30th, Open Bank had $4.5 BofI Holding, Inc. Well done! #3.

North Dakota 91

North Dakota Arizona Minnesota Los Angeles 91

Banking 2020

FEBRUARY 19, 2015

Whether you’re a national or local financial institution, it’s important to make sure you have initiatives in place that help you connect with members of your local community. What is one of your most recent community initiatives? How has employee involvement in community service helped connect you with customers?

Miami 40

Miami Community Leadership Florida 40

Jeff For Banks

DECEMBER 19, 2015

Independent Bank Corporation (Nasdaq: IBCP) Independent Bank dates back to 1864 as the First National Bank of Iona. Those investors that jumped onboard at the end of 2010 were well rewarded. Investors that got in the stock at the end of 2010 were rewarded with an 862% total return. share at the end of 2010. What a ride!

North Dakota 60

North Dakota Arizona Michigan Florida 60

BankUnderground

JANUARY 26, 2023

To check if this theory holds in the data, we recreate a version of the Office for National Statistic’s House Price Index and compute what the growth rate would have been if preferences remained the same as pre-pandemic. Were changes in housing preference during the pandemic associated with rapid price growth?

Regional 100

Regional Analysis Policies Trends 100

PYMNTS

JANUARY 31, 2019

is set to see its first new community bank in decades, as the Federal Deposit Insurance Corporation (FDIC) lent its approval for MOXY Bank to launch in Washington, D.C. With clearance to move forward with its plans, the community banking landscape will see its first new industry player in years. have emerged to do. .

Community Bank 122

Community Bank Community FDIC Marketing 122

Jeff For Banks

DECEMBER 26, 2012

It''s growth since 2010 has been fueled by seven purchases of failed banks. Access National Corporation New to the august list is Access National, whose mission is to provide credit, treasury management and private banking services to emerging businesses with revenues of up to $100 million. Well done! #3. Coincidence?

Texas 79

Texas National FDIC Capital 79

Jeff For Banks

FEBRUARY 6, 2011

Take for example the language from an FA Article relating to a strategic plan issued by the OCC to The Suffolk County National Bank of Riverhead (“SCNB”) in New York on October 25, 2010: “The Board shall adopt, implement, and thereafter ensure Bank adherence to a written strategic plan for the Bank covering at least a three-year period.

Regulation 71

Regulation FDIC National Capital 71

Independent Banker

MARCH 15, 2015

in Coldwater, Ohio, and ICBA’s incoming chairman, held fast to his community bank’s conservative lending practices. What concerned me most wasn’t that the customer was upset with me,” recalls Hartings of the homebuyers who ignored his community bank’s cautiously pragmatic approach. “I Jack got us through that just fine.

Ohio 70

Ohio Community Bank Community Lending 70

PYMNTS

JULY 7, 2018

The company noted that the goal of adding bikes was to continue to develop the “best possible experience for all members of the Lyft community.” According to its internal numbers, Lyft now controls 35 percent of the national ridesharing market, up from 20 percent 18 months ago.

Samsung 110

Samsung Payments Seattle Google 110

Jeff For Banks

MARCH 3, 2010

Alex Pollack, a resident fellow at The American Enterprise Institute, had a sobering editorial in the March 3, 2010 American Banker. Commercial banks were the connoisseurs of commercial finance dating back to the National Banking Act of 1864. That Act did not permit national banks to lend on real estate.

Lending 60

Lending Capital Community National 60

American Banker

SEPTEMBER 25, 2016

Andrea Smith has been a member of Bank of America's executive leadership team since 2010, first serving as global head of human resources before transitioning last year to chief administrative officer.

America 28

America Leadership Resources Community Bank 28

PYMNTS

DECEMBER 13, 2017

Something of a random question, maybe even a slightly silly-sounding one – but for Fiverr founders Shai Wininger and Micha Kaufman, it was the query that, in 2010, launched a marketplace for skilled freelancer workers and the buyers who wanted their services. What will a person do to earn five dollars? He said that in the U.S.,

social media 102

social media Online Community System 102

Gonzobanker

AUGUST 22, 2014

Between the end of 2010 and 2013, one new bank opened in the United States. . Mid-size banks are in the proverbial catbird seat – they can offer most of the products and sophistication of the top national banks combined with the service culture, community involvement, and local market knowledge of a smaller community bank.

Strategy 87

Strategy United States Community New York City 87

Jeff For Banks

OCTOBER 19, 2012

He said we should use a measure of happiness like that used by the tiny Himalayan nation of Bhutan, which utilizes a Gross National Happiness index rather than a Gross National Product index for its 700,000 people. Maybe it is nationally, but Bucks County (PA) has yet to participate. in July and CoreLogic, +4.6%

National 79

National Security US Massachusetts 79

Independent Banker

JUNE 30, 2022

Last year, community bank loan producers were faced with both record-low interest rates and a glut of deposits. But as they always do, they came through for individuals and businesses in their communities with a combination of personalized service and prudent risk management practices. American Bank, National Association.

Community Bank 172

Community Bank Community National Philadelphia 172

PYMNTS

FEBRUARY 13, 2017

That is a dropoff from the 4,726 BoAs operated during the fourth quarter of 2015 and the 5,900 open for business at the end of 2010. Arby’s, on the other hand, is very contactable, and it’s also drawn the interests of the cybercriminal community of late. The Week In Hack Attacks. That’s probably one of the biggest numbers I’ve heard.”.

Data 122

Data Retail America Minneapolis 122

Jeff For Banks

MARCH 5, 2022

The federal stimulus also drove our national debt levels to over $30 trillion, or 123.4% As we learned during the expansionary decade of 2010 to 2020, GDP greater than 90% for several years will lower GDP by one-third. Dorothy has been with Penn Community Bank and its predecessor since November, 2004. Growth only averaged +2.2%

Marketing 78

Marketing Policies Community Bank Community 78

PYMNTS

OCTOBER 14, 2016

A second ad due for release in a few weeks will provide information for local business owners on how to accept bitcoin and its benefits to the local community. CoinDesk reported that Japan is planning to exempt bitcoin and other virtual currencies from a national sales tax, which is around 8 percent. But until then…. Bitcoin In Asia.

Bitcoin 100

Bitcoin Conference New Hampshire blockchain 100

Tomorrow's Transactions

NOVEMBER 29, 2016

Forum friend George Selgin gave an excellent talk on this at [Consult Hyperion’s 2010 Forum], exploring the transition to industrial-age money. They might even look at some form of shared ledger solution, where copies of the “national ledger” are maintain by regulated financial institutions (e.g.,

Industry 30

Industry National Case Study Community 30

PYMNTS

NOVEMBER 18, 2019

1 when City National Bank of New Jersey closed its three branches with assets of about $120.6 The number reached a peak of 157 in 2010. Louisa Community Bank of Louisa, Kentucky also shuttered on Oct. Louisa Community Bank of Louisa, Kentucky also shuttered on Oct. The most recent failure was on Nov.

Kentucky 140

Kentucky FDIC Ohio US 140

Independent Banker

NOVEMBER 24, 2014

“I love being around people, and people are what community banking is all about.” Overcoming various long odds over the years, Shirley Nelson launched and then grew a thriving California community bank. National Award Recipient. I love being around people, and people are what community banking is all about,” she says. “We

Oakland 98

Oakland Community Bank Community Industry 98

PYMNTS

OCTOBER 24, 2017

But since 2010, the beginning of the recovery period, industries surveyed by the PYMNTS Store Front Index have generally returned to a state of healthy and sustained growth. Storefront businesses – the shops that line the main streets and side streets of the local community – are the heartbeat of the local economy.

Maine 104

Maine Regional United States Retail 104

PYMNTS

MAY 26, 2017

The National Retail Federation applauded House Republican leaders plan to abandon an effort to overturn debit card swipe fee reform , which the trade group says saved retailers and consumers more than $40 billion.

Cards 100

Cards Leadership Retail Community 100

Gonzobanker

DECEMBER 20, 2019

Mark Turner, Executive Chairman of the Board, WSFS Bank – We have to give the nod to an early 2019 retirement of Turner, who had one hell of a run in 12 years at the helm of a great community and wealth bank. It was always clear how much Jones loves his credit union, his team and his community. Credit Union Lifetime Achievement Awards.

Idaho 148

Idaho Conference Data Marketing 148

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. billion of assets and operates twenty five branches in the western suburbs of Chicago.

Minnesota 60

Minnesota West Virginia Virginia Iowa 60

NCR

JUNE 14, 2016

April kicked off Financial Literacy Month so we recently talked with Becky Stapleton, senior executive vice president and chief banking officer at S&T Bank, to learn about the various initiatives they host in order to promote financial literacy in their local community. S&T Bank is a community bank in every sense of the term.

Pennsylvania 40

Pennsylvania Community Regional Indiana 40

Jeff For Banks

DECEMBER 12, 2016

Independent Bank Corporation (Nasdaq: IBCP) Independent Bank dates back to 1864 as the First National Bank of Iona. billion in asset company headquartered in West Virginia, providing community banking services primarily in the Eastern Panhandle and South Central regions of the state, and the Northern and Shenandoah Valley regions of Virginia.

North Dakota 60

North Dakota Minnesota West Virginia Arizona 60

PYMNTS

NOVEMBER 6, 2017

Since 2004, October has been observed as National Cyber Security Awareness Month by the Department of Homeland Security (DHS). Since 2010, FS-ISAC has also invited members to participate in the organization’s Cyberattack Against Payment Systems (CAPS) exercises. It was becoming an epidemic.”. We hadn’t done that before,” Nelson said.

Exercises 119

Exercises Resources Industry Cyber Security 119