Bank Innovation

JUNE 23, 2016

CEO of a $250-million community bank in suburban Oklahoma City, Castilla is something of a sensation in the banking community, and with good reason. Jill Castilla, CEO, Citizens Bank of Edmond Chances are you’ve seen Jill Castilla on Twitter. (Or Or YouTube. Or at a banking conference.) Following her bank’s near-death Read More.

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Oklahoma City Oklahoma Innovation Community Bank 240

Bank Innovation

JANUARY 9, 2017

Top seed investors in the New York startup community showed their muscle in the final quarter of 2016 and are likely to continue doing so in the coming year, says a new report from Primary Venture Partners. Among the winners in an otherwise difficult year for startups were fintech companies like Read More.

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New York Community Fintech Report 150

PYMNTS

OCTOBER 11, 2017

Small business (SMB) lending is big business for community banks , which are a popular destination for small business borrowers, thanks to strong approval rates on loan applications. But new analysis from the Federal Reserve has identified a reversal in community banks’ position in the small business lending market.

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Community Bank Community Lending Survey 108

South State Correspondent

JANUARY 5, 2016

Yesterday, when we discussed making macro allocation decisions, we mentioned being proactive in setting risk tolerances.

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PYMNTS

JANUARY 9, 2018

Community banks approved 49 percent of SMB loan applications in November, according to the latest data from the Biz2Credit Small Business Lending Index. Here, again, lies another opportunity for community banks to fill the void. We urge you to make such legislation a priority.”.

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Community Bank Community Fintech Lending 131

Bank Innovation

JUNE 23, 2016

In the past three years, this community bank has shut down all of its branches except for one in Boston, transforming into a Read More. Chris Tremont, EVP Virtual Banking, Radius Bank Banks are not usually known for their disruptive nature and quick decisioning. Radius Bank is known just for that.

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PYMNTS

OCTOBER 16, 2017

Last week, P2Bi announced the rollout of a new partnership program that enables community banks to participate in its small business loan marketplace. Community banks are typically a better bet for small businesses in search of a loan, with approval rates higher than those at larger financial institutions. suggests a shift is ahead.

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Community Bank Community Fintech Lending 110

Abrigo

SEPTEMBER 22, 2015

The new data reporting plan is available for public comment now, and if passed, would likely take affect for Q4 or first quarter 2016 call reports. Many community banks see this as a welcomed move towards offering smaller institutions some relief from the regulatory pressures of their larger, national counterparts.

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Community Bank Community FDIC Survey 150

Abrigo

JANUARY 1, 2016

Government Accountability Office (GAO), community banks and credit unions are starting feel the impact of the Dodd-Frank Wall Street Reform Act. The GAO report, released on December 30th, examined nine Dodd-Frank rules that became effective as of October 2015 for impact on community banks and credit unions.

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Community Bank Community Compliance Training 150

Abrigo

DECEMBER 11, 2014

For those with assets between $100 billion and $750 billion, the effective date is May 10, 2015, and for those between $50 billion and $100 billion, guidance will be effective on May 10, 2016. While the final guidance clearly applies to larger financial institutions, community banks should still take note.

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Community Bank Community Guidelines Risk Management 207

Independent Banker

SEPTEMBER 1, 2016

Congratulations to the Top 2016 IB Social Media Leaders. Independent Banker ® magazine recognizes three community banks who have conducted creative, engaging and impactful social media campaigns. Southeastern Michigan communities are clamoring to be a part of Bank of Ann Arbor’s seasonal concert campaign Sonic Lunch. Busey Bank.

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social media Community Community Bank Michigan 96

PYMNTS

JUNE 10, 2016

Compared to 2015, bitcoin has had a stellar 2016. So before the bitcoin community gets out the party hats to celebrate the $600 mark that bitcoin is inching toward, it’s worth taking a look at the bitcoin price trends over the last three years. But when it comes to bitcoin’s price, it’s all relative.

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Trends Bitcoin Community 100

PYMNTS

DECEMBER 23, 2016

PYMNTS consulted 21 payments executives from across the industry to share their insights on the biggest takeaways from 2016 as part of the “Payments 2016, The Year Of…” eBook. Here is the response from Steven Cole, Senior Product Manager, EMV, Vantiv … Payments 2016: The Year Of The Chip.

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PYMNTS

MAY 4, 2017

In his prepared remarks, CEO Mark Zuckerberg called out two main areas of focus: connecting communities and combating the fake news and violence that has taken center stage of late. “In Now, with that foundation, our next focus will be on building community. Payments revenue declined — coming in at $175 million, a 3.3

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Community Video Tools Maine 100

South State Correspondent

DECEMBER 13, 2023

The current QT contrasts with the 2016 QT when the Fed started draining its balance sheet two years after its first rate hike. Community banks’ COF increased 18bps in Q3/23 sequentially, while the Fed has been on pause since July. Community banks can do much to design and execute deposit and asset pricing strategies properly.

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Community Bank Community Policies Tools 195

PYMNTS

MARCH 3, 2017

million in 2015 to $130 million in 2016. The likely culprit of Vitamin Shoppe’s stagnant yet stable condition of its direct sales is because of two changes in 2016. Now although the supplement company’s direct sales decreased four percent in Q4, its overall direct sales for the year saw a slight uptick of 0.9 percent from $128.8

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CFPB Monitor

FEBRUARY 13, 2017

However, like the FTC’s letters on its 2014 and 2015 ECOA activities, the letter on 2016 activities does not describe any 2016 FTC ECOA enforcement activity and only contains information about the FTC’s research and policy development efforts and educational initiatives. Report on fraud in African American and Latino communities.

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Report Big Data Lending Survey 68

Celent Banking

APRIL 18, 2016

Celent Model Bank 2016 winners are: Model Bank 2016 Categories. Celent recognized two companies as Model Bank Vendors for 2016: EdgeVerve Systems. The award winners come from four continents and nine countries and range from credit unions and microfinance institutions to the world's largest banks. Award Winners.

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US Case Study Risk Management America 100

South State Correspondent

OCTOBER 10, 2022

However, over the years, there has been considerable debate at community banks on how to implement the principles of FTP to various balance sheet accounts like loans and deposits. In this blog, we would like to explain the building blocks of FTP and how FTP can help community banks price loans and think about effective profit allocation.

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Community Bank Community Examples Management 195

South State Correspondent

JANUARY 25, 2016

Because of the confluence of trends, community banks must make sure to get their deposit pricing right in order to optimize their positioning. In the past, we have also showed how today depositor, given the rate environment, is more fee / attribute sensitive, than rate sensitive.

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Community Bank Community Trends 150

CFPB Monitor

SEPTEMBER 14, 2016

The CFPB has published a notice in the Federal Register announcing that a meeting of its Community Bank Advisory Council (CBAC) will be held on September 29, 2016. The notice indicates that the CBAC will discuss youth financial capability and debt collection.

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Community Bank Meeting Community Report 60

CFPB Monitor

OCTOBER 24, 2023

of its mortgage loan applications from residents of, or for properties located in, majority-Black and Hispanic areas in its CRA assessment area, compared to 9.5% for its peer lenders, and on average 46.5% of the applications generated by WTC in those areas were from White applicants, compared to 25% for its peers.

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Rhode Island Washington Community Marketing 158

South State Correspondent

MAY 18, 2022

In two recent articles, we reviewed the banking industry’s deposit behavior with regard to cost of funding earning assets (COF) ( HERE ), and we compared how community banks’ COF behaves relative to national banks in a rising interest rate cycle ( HERE ). A graph for SouthState Bank appears below.

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Community Bank Community Analysis Industry 195

PYMNTS

JULY 27, 2018

The NCSC described last year as a “watershed” with seven significant cyberattacks on the software supply chain — there were only four such events between 2014 and 2016, analysts noted. “To get around increasingly hardened corporate perimeters, cyber-actors are targeting supply chains.

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South State Correspondent

MAY 9, 2022

In our previous article ( HERE ), we reviewed the banking industry’s cost of funding earning assets (COF), and we compared how community banks’ COF behaves relative to national banks in a rising interest rate cycle. In the 2016 tightening cycle, the Fed started running off its balance sheet two years after its first rate hike.

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Community Bank Community Industry Online 195

PYMNTS

JUNE 21, 2016

“Alexa, show me who snagged the top spots in the 2016 PYMNTS/Alexa Challenge.” 2016 PYMNTS/Alexa Challenge participants included: Best Innovation Group (BIG), DaVincian Healthcare, Discover, Exa, Feasty powered by Zipscene, FIS, Fiserv, ONvocal powered by People Power, USAA, Vantiv, Visa and Western Union. And the results?

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Millennials Innovation System Payments 101

PYMNTS

MAY 30, 2016

And to make sure that everyone starts off 2016, Part II on the same footing, we thought we would bring you a few of the top trending stories, as well as hot data/research topics, that will give you a head start on that all-important planning for 2016 and beyond. Store Front Business Index: Main Street USA, A-OK? Financial Inclusion.

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Trends Retail Fraud Mobile 100

CFPB Monitor

APRIL 5, 2016

The CFPB will hold a meeting of its Community Bank Advisory Council on April 21, 2016 in Washington, D.C. According to the CFPB’s notice published in today’s Federal Register, there will be a discussion of the CFPB’s strategic outlook and elder financial abuse.

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Community Bank Meeting Community Washington 60

Jack Henry

DECEMBER 14, 2021

Current Expected Credit Loss, or CECL for short) in January 2023, community banks and credit unions are fully engaged. When CECL was first released back in 2016, the prevailing thought was that achieving compliance basically meant choosing a model and filling it with data.

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Community Bank Compliance Community How To 147

NCR

DECEMBER 1, 2017

It’s an interesting time to be a community financial institution (FI) right now. For smaller community banks and credit unions in the US, it might seem like a difficult time to do business, with so much change, intensifying competition and regulatory compliance to contend with. Challenges for community financial institutions.

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Community Community Bank Michigan Lending 56

South State Correspondent

AUGUST 1, 2016

This past December, the regulatory community telegraphed their intentions of focusing bank examinations on commercial real estate (CRE) concentrations in 2016: “During 2016, supervisors from the banking agencies will continue to pay particular attention to potential risks associated with CRE lending” (SR 15 17 , Dec 2015).

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Perficient

MARCH 23, 2021

We first began publishing this study in 2016. Mobile vs. Desktop 2016 (published 2017). users spend more time on sports, books and literature, and in online communities. Global users spend notably more time than Americans in online communities and on social networks and finance. Tablet data is also included.

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Mobile Study Community Industry 421

CFPB Monitor

JANUARY 31, 2017

The Independent Community Bankers of America issued a statement calling on the Trump administration “to rein in the overzealous application of fair lending laws.” Requiring community banks to expand their market presence into neighboring counties would force them to alter their model and sound business practices.”

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Community Bank Community Lending Minneapolis 60

Chris Skinner

JULY 3, 2017

There are almost 20 million users of mobile banking across the UK in 2016, making 159 logins every second. million customer-to-bank contacts made using web chat in 2016 – 510 every hour. Video chats are also growing in popularity, up 92% during 2016. Video chats are also growing in popularity, up 92% during 2016.

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Mobile Cards Video Management 286

Payments Source

APRIL 10, 2019

In 2016, a big-bank consortium said that it would charge the same prices to all institutions, regardless of their size. But now the group has added a large caveat to that pledge.

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Community Groups Payments Community Bank 65

Let's Talk Payments

NOVEMBER 6, 2019

This is probably because we engage with the finserv and FinTech community all ov Read more Every year since 2014, someone or the other has asked us the same (or similar) question: what is the bank of the future?

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Community Fintech US 81

CFPB Monitor

FEBRUARY 15, 2017

The FTC has sent a letter to the CFPB summarizing the FTC’s debt collection activities in 2016. The letter is intended to provide the CFPB with information for its annual report to Congress on the federal government’s FDCPA activities. The letter’s centerpiece is the FTC’s description of its enforcement activities.

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