PYMNTS

FEBRUARY 15, 2018

For community banks serving small- to mid-sized businesses (SMBs), training an eye on credit cards can translate into additional revenue streams and tap into an unmet need for those SMBs. Kearney found 26 percent of small business cardholders have community banking relationships in place. There’s a lot of runway here.

Community Bank 118

Community Bank Community Cards United States 118

South State Correspondent

APRIL 18, 2022

Historically, community banks have relied on net interest margin (NIM) instead of fee income to drive return on equity (ROE). In contrast, larger banks have emphasized non-interest income rather than NIM to boost ROE and revenue. Larger banks have historically operated on thinner NIM but higher fee income. Conclusion.

Lending 195

Lending Community Bank Community Comparison 195

PYMNTS

AUGUST 3, 2017

A separate report from fraud prevention solutions company GIACT points to potential fraud risks that could arise when Same Day ACH debits roll out in September 2017. Community banks meet the millennial generation. Detecting fraud early and efficiently is a growing concern for all parties as faster payments rise.

Community Bank 117

Community Bank Community Report Millennials 117

NCR

DECEMBER 18, 2017

Community banks are an integral part of the US banking system. In the US, a community bank is typically defined as one with assets of less than $1 billion – and for many people a local credit union or community bank is often the first choice when opting for a financial services provider.

Community Bank 79

Community Bank Community Innovation ATM 79

Gonzobanker

DECEMBER 19, 2017

One word can summarize this action-packed banking year, GonzoBankers – tiring. Seriously, sit back with a pocket flask of Pappy Van Winkle, smoke a cigar (or your combustible of choice if you live in Colorado, California, Washington, Oregon, Nevada, Main or Massachusetts) and enjoy the 2017 GonzoBanker Awards. THE BANKING AWARDS.

Conference 117

Conference Industry Community Bank Community 117

South State Correspondent

OCTOBER 9, 2019

In 2017, ARRC (Alternative Reference Rate Committee) identified the alternative reference rate in the US as SOFR (Secured Overnight Financing Rate). Most community banks use LIBOR sparingly in their loan and deposit contracts. However, regulators, for various reasons, are driving a shift to an alternative reference rate.

Community Bank 170

Community Bank Community Regulation US 170

PYMNTS

MAY 30, 2018

Small businesses (SMBs) seeking loans decreased at the end of 2017, and companies felt the sting of financial challenges more acutely. Financing of all sorts was on the downswing, and SMB owners began dipping into their own piggy banks before seeking a lending agreement. In the 10 years following the financial crisis, the U.S.

Lending 115

Lending Community Bank Survey Community 115

William Mills

SEPTEMBER 11, 2017

William Mills Agency will be live blogging at FinovateFall 2017. Using Adobe to show how a community bank might find/organize their existing “assets” (photos/video? I know of several FinTech companies that started as Adobe Web Site Developers for community banks. Welcome to Finovate Fall NYC 2017!

Marketing Strategies 63

Marketing Strategies Community Bank Strategy Financial Technology 63

Independent Banker

MARCH 31, 2022

Executive committee members tell us what advocacy issues they’ll be focused on during their terms, while board members share their words of wisdom for up-and-coming community bankers: themselves. To sum it up, these leaders are all in and all heart for community banking. We are not Wall Street banks—we are community banks.

Community Bank 239

Community Bank Community Industry Texas 239

Independent Banker

MARCH 31, 2022

Fortunately, community banks have greater access than ever before to advanced solutions and technologies to meet those needs. economy, accounting for 99% of companies with paid employees and 65% of net job creation from 2000 to 2017, according to the Small Business Administration (SBA). By Charles Potts, ICBA.

Community Bank 141

Community Bank Community Meeting Resources 141

PYMNTS

SEPTEMBER 23, 2016

NCR’s Business Banking Mobile is currently in beta testing at Tacoma, Washington-based Harborstone Credit Union and El Paso, Texas-based FirstLight Federal Credit Union, with general availability planned in early 2017. “We

El Paso 100

El Paso Community Bank Community Mobile 100

Independent Banker

MARCH 31, 2022

This Community Banking Month, I invite you to try something new to spread your story. Share a new development, community project or initiative. As community bankers, we know relationships matter. We can also use employee surveys to learn how they support the community and empower them to recount those experiences.

Oklahoma City 161

Oklahoma City social media Memphis Community 161

PYMNTS

APRIL 14, 2020

To provide regional and community banks with a full-scale solution to manage and grow their FX programs, FinTech firm Derivative Path, Inc. Our industry-leading rates platform now combined with Currencycloud’s capabilities will make our offering even more powerful for our regional and community banking clients.”.

Regional 181

Regional Community Bank America Community 181

CFPB Monitor

OCTOBER 25, 2022

As alleged in the Consent Order, Rhinebeck allowed auto dealers discretion to mark up borrower’s interest rates above the “Buy Rate” determined by the bank’s underwriting, which is the minimum rate at which the bank would agree to buy an installment contract originated by the dealer.

New York 78

New York Lending Community Bank Community 78

Independent Banker

JANUARY 31, 2022

Ken Finley, president of Johnson City Bank, in downtown Johnson City with Shannon Sultemeier, executive vice president (left); and Brenda Haynes, vice president/cashier (right). Here’s how four community banks are thriving in this environment. Many of the bank’s clients share that conservatism. Photo by Dennis Burnett.

Texas 182

Texas San Antonio Community Bank Community 182

NCR

APRIL 6, 2017

Therefore, if banks haven’t investigated this before, 2017 is the time for every financial institution to be investigating what the cloud can offer them. While many leading banks are investing in cloud, smaller community banks often lag behind. A cloud-first approach.

Tools 75

Tools Technology Operations Community Bank 75

ABA Community Banking

FEBRUARY 28, 2018

Industrywide, and among community banks, fourth-quarter tax moves affect annual performance Bank Performance Management Financial Trends Community Banking.

Taxes 40

Taxes Community Bank Community Trends 40

PYMNTS

APRIL 29, 2019

percent only taking one month in 2017. Community banks (45.6 percent or commercial banks at 32.4 Community banks (45.6 percent or commercial banks at 32.4 This makes sense, since commercial banks would appear to have larger budgets than community banks, and more revenue at the ready for investments.

Fintech 193

Fintech Innovation Community Bank Study 193

Independent Banker

FEBRUARY 28, 2022

What this has to do with community bank investment management may not be readily apparent. Belly of the curve matters to community banks. First, the average duration of a community bank bond portfolio is more than four years right now. In fact, the tone is about to improve. There are really two reasons.

Community Bank 91

Community Bank Community Memphis Security 91

PYMNTS

OCTOBER 22, 2019

This developing world of payments and the fierce competition offered by non-traditional providers of financial services presents big challenges to smaller and community banks – those financial institutions (FIs) with less than $10 billion in assets. That brings [smaller] banks an immediate string of deposits,” Good said.

Community Bank 116

Community Bank Community Operations Leadership 116

South State Correspondent

MARCH 19, 2023

In this article, we’ll consider the risk-return tradeoff for bank credit risk, and in a future article, we will compare different community bank business models. The Evidence Against Bank Credit Risk Every year we analyze the relationship between net interest margin (NIM) and return on assets (ROA) for all banks in the country.

Analysis 195

Analysis Community Bank Operations Community 195

Celent Banking

JUNE 22, 2017

In a May 2017 survey of Celent’s Branch Transformation Research Panel, we found that a significant majority of smaller institutions (those with assets less than $10 billion) are planning to increase the number of operational branches over the next two years – just the opposite among larger banks.

Study 125

Study Community Bank Trends Analysis 125

Independent Banker

AUGUST 31, 2021

This year’s winners: Left: Central Valley Community Bank, People’s Choice Award; Middle: Kennebec Savings Bank, Exceptional Community Bank Service Award; Right: Cross River Bank, Emerging Service Program Award. Exceptional Community Bank Service Award. Kennebec Savings Bank.

Community Bank 196

Community Bank Community National Fresno 196

Independent Banker

OCTOBER 31, 2021

The CARES Act extended the CECL implementation deadline for many larger community banks until the end of the COVID-19 pandemic. Community bankers tell us that while the extension is welcome, they’re already down the road to implementation. ICBA tells FASB CECL isn’t feasible for community banks. By Stephanie Vozza.

Community Bank 91

Community Bank Community Software New York City 91

PYMNTS

MARCH 2, 2020

Verdigris touts cost savings with its “banking in a box” model, which means a consolidation of banking jobs like internet and mobile banking, deposits, loans and payment solutions, among other things. As the banking world continues to evolve, digitization has become a focus in order to draw in more customers.

Software 151

Software Community Bank Community Digital Banking 151

Independent Banker

JUNE 30, 2022

Academy Bank COO Tom Kientz notes that the community bank was eager to expand its deposit and loan services. Looking for an avenue to increase its deposit base, Academy Bank tapped into a market it hadn’t explored before: homeowners associations. One of the very quick things we turned to were HOAs,” he says.

Kansas City 91

Kansas City Kansas FDIC Community Bank 91

William Mills

FEBRUARY 7, 2017

William Mills Agency, the largest independent public relations and marketing firm specializing in the financial industry, released its 14th annual financial services industry research report, #BankersAsBuyers 2017. bankers will likely purchase in 2017. The post Where Are Bankers Targeting IT Investments?

Report 40

Report social media Customer Experience Industry 40

PYMNTS

SEPTEMBER 17, 2019

SMBs using the WePay platform can now see funds deposited into their Chase bank accounts the same day without extra fees, a feature resulting from JPMorgan ’s acquisition of WePay in late-2017. Community Banks Go Real Time.

Payments 109

Payments Community Bank Community Survey 109

Abrigo

DECEMBER 8, 2016

As community banks and credit unions look toward 2017, many will be focusing on small business lending for loan portfolio growth, according to a recent Sageworks poll. Small business lending is a great area of opportunity for community banks and credit unions with ambitious growth goals.

How To 150

How To Lending Community Bank Community 150

PYMNTS

JANUARY 18, 2018

The survey was conducted in November and December of 2017 and included 22 financial institutions (FIs) that represent 78 percent of the ACH Network origination volume. million in 2017, with the payments adding up to $87.1 In a 2017 interview, Mike Herd, senior vice president at NACHA, noted 43 percent of 125 U.S.-based

Survey 108

Survey Community Bank Fraud Community 108

ABA Community Banking

JANUARY 12, 2017

In Q4 '16 earnings season, Street anticipates brighter outlooks from banks Bank Performance Management Community Banking.

Community Bank 40

Community Bank Community Management 40

PYMNTS

DECEMBER 9, 2019

AvidXchange previously raised $300 million in 2017 at a $1.4 Investment bank Financial Technology Partners is advising AvidXchange on this fundraising round, according to sources. Nashville community bank Studio Bank was the first FI to adopt the AvidPay solution. 9), citing sources.

North Carolina 130

North Carolina Nashville Charlotte Boston 130

Abrigo

MARCH 6, 2017

See a similar list for the accounting profession: 15 Twitter accounts every accountant should follow 5) @rajeshkan – Rajesh Kandaswamy, research director at Gartner Group, focuses on mobile banking, mobile and cloud payments, channel convergence, digital strategy, big data analytics and outsourcing. Learn more here.

social media 150

social media Lending Community Community Bank 150

Abrigo

AUGUST 3, 2017

The FDIC paper The Entry, Performance, and Risk Profile of De Novo Banks published in April 2016 reports that the number of de novo bank failures and acquisitions annually has drastically declined since 2010, primarily due to the fact that new bank formations have become nearly inexistent.

Oklahoma City 150

Oklahoma City FDIC Handbook Oklahoma 150

PYMNTS

JUNE 20, 2018

Solopreneur, independent contractor, freelancer, gig worker – regardless of the name, micro-business owners can largely agree that, when it comes to traditional banking, they’re often left out in the cold. ” The community bank-FinTech collaborative strategy will be instrumental in that journey, noted Butler.

Community Bank 101

Community Bank Community Fintech Survey 101

PYMNTS

OCTOBER 8, 2018

Duff & Phelps, through its Global Enforcement Review, said at the end of last week that total penalties have climbed by 30 percent from 2015 to 2017, to $26.5 Fines against companies were up 2 percent between 2016 to 2017 and over that same period were up 23 percent against individuals. Banking, Eyed by the Fed.

United States 174

United States Regulation cryptocurrency Cleveland 174

ForwardBanker

DECEMBER 28, 2017

The post Recap of 2017: Sharing Our Top Five Blogs From the Year appeared first on Deluxe FI. I just wrapped up my fifth year of being editor of the blog and I am excited about some of the changes we’ve seen this year. We did a reorganization of the existing.

Meeting 33

Meeting Big Data Risk Management Community Bank 33