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.

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Community Bank Community Industry Texas 239

PYMNTS

MARCH 9, 2020

million households were underbanked in 2017. At the same time, bank branch closures appear to be accelerating, with small towns across the country losing a combined 14 percent of their banks between 2012 and 2017. Regional Banks, Credit Unions Compete. The bad news, however, is that it still means 8.4 ”

Community Bank 188

Community Bank Community Innovation Regional 188

CB Insights

MAY 15, 2019

One popular approach: in-house financial innovation labs. We’ve created a list of finance innovation labs from some of the biggest names in the industry, as well as from newcomers looking to make a name through tech. We’ve written about corporate innovation theater before — and how sometimes corporate innovation goes wrong.

Innovation 78

Innovation blockchain Technology Groups 78

PYMNTS

SEPTEMBER 18, 2018

And in lending, with the financial crisis in the rearview mirror, a decade on, invention – okay, innovation – has become a hallmark, at least in some corners. A survey by the Forum found that about 45 percent of overall respondents – but just 28 percent of millennials – agree with the statement that banks are fair and honest.

Lending 148

Lending Innovation Fintech Cards 148

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

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

PYMNTS

JANUARY 18, 2017

2017 could have some big changes in store for digital banking. As the calendar turned to January, banks rolled out new ways for both commercial and corporate banking clients to conduct business by tapping the potential of several new financial innovations. About The Tracker.

Data 100

Data social media Report Community Bank 100

William Mills

SEPTEMBER 12, 2017

William Mills Agency will be live blogging at FinovateFall 2017. Digital banking solutions for community banks and credit unions. YUKKA Lab AG detects market sentiments and transforms them into innovative tools for the finance and communications industry. We help banks and credit unions.”

Samsung 69

Samsung Mobile User Experience Google 69

Abrigo

JUNE 14, 2017

Technology partners offer much more than just software to banks; a fintech partnership provides delivery channels, convenience, corporate governance , advisory services, and industry data. A bank seeking this kind of partnership should follow a few steps to ensure they choose a compatible fintech vendor.

Fintech 170

Fintech Software Lending Millennials 170

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

PYMNTS

JULY 24, 2019

back in 2017, they haven’t yet hit ubiquity. But this has been the domain of larger financial institutions, especially when community banks and credit unions are included. Last month, payment company PayFi and The Clearing House (TCH) partnered to bring real-time payment technologies to community banks.

Payments 167

Payments Survey Community Bank Fraud 167

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

FEBRUARY 4, 2019

Twenty-five of them were operational worldwide in 2017, and that number had swelled to 40 by September 2018, with 16 more expected to debut by 2020. The Federal Reserve’s Faster Payments Task Force established a goal in July 2017 that any consumer or business with a U.S. Community banks and credit unions also offered their backing.

Payments 183

Payments System Cards Policies 183

William Mills

MARCH 30, 2017

The first day was dedicated to credit unions with sessions about Best Practices for Credit Unions, Omni-Channel Banking – Is the Branch Dead or Is it the Future and How to Best use Branding. Luvleen Sidhu, co-founder of Bank Mobile, kicked off the conference with her keynote presentation.

Retail 40

Retail Conference Miami Strategy 40

PYMNTS

JULY 31, 2018

In addition, there is increased lawmaker attention to promote innovation among non-bank providers of new payments and payment-related technology, and more consumer concern about online and data security. States, too, need to pull their weight to promote FinTech innovations, the report said. Treasury Department. FinTech Growth.

Fintech 194

Fintech Security US United States 194

PYMNTS

JANUARY 19, 2017

For community banks, there’s power in numbers. According to the Independent Community Bankers of America (ICBA), a trade group that advocates on behalf of about 6,000 community banks of various sizes in the U.S., But community banks still face tough competition from larger financial institutions.

Data 100

Data Community Bank Community Digital Banking 100

PYMNTS

JULY 31, 2017

Separate data from Biz2Credit from its Small Business Lending Index found earlier this year that, for several months in a row, large banks have increased their loan approval rates for small businesses — meanwhile, small banks and alternative lenders’ approval rates dipped. The 2017 report from FIS surveyed nearly 500 SMEs in the U.S.

Survey 112

Survey Community Bank Community Regional 112

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

SEPTEMBER 23, 2016

The first is the obvious issue: They lack the massive scale and deep IT pockets of the large banks. Most regional and community banks aren’t in the position to develop cutting-edge mobile banking products in-house. Community banks just aren’t offering that, according to Fossella. The Urban FT Workshop.

Mobile 100

Mobile Community Bank Tools Community 100

ABA Community Banking

JUNE 19, 2019

Acknowledging banks’ innovative efforts to meet the credit needs of residents in distressed communities, the OCC today rescinded 2017 guidance for banks seeking to develop programs to offer home loans with loan-to-value ratios of over 90 percent, known as “higher-LTV” loans.

Community 49

Community Meeting Innovation Community Bank 49

PYMNTS

OCTOBER 1, 2018

Other increases in 2017 occurred by using a loan to pay down existing debt or to refinance, as well as to upgrade infrastructure. small businesses, instead, first turn to national or community banks, credit unions or online lenders, the research showed in U.S. In the U.S., News reports last week.

Lending 115

Lending Survey Data National 115

Jeff For Banks

DECEMBER 7, 2019

It is the Mountlake Terrace, Washington holding company for 1st Security Bank, a $1.7 billion in assets community bank with 22 branches that encircle the Seattle Sound. Their vision is simple: "Build a great place to work and bank." In 2017, they raised an additional $26 million to facilitate growth, at $47/share.

Indiana 78

Indiana Oregon South Dakota Community Bank 78

Gonzobanker

DECEMBER 22, 2020

Banks and credit unions had to fundamentally change their delivery, support and relationship management models at scopes and speeds that were unheard of. And how did community banks and credit unions respond to the COVID craziness? Jill is continually demonstrating just how loud a $300 million community bank can roar!

Idaho 172

Idaho Community Industry Strategy 172

Gonzobanker

DECEMBER 20, 2018

Hats off to Greg for taking a $600 million credit union to a $5 billion innovator over his 25 years at the helm. Greg also leaves the organization knee-deep in technical innovation as PSECU has deployed Corelation core, Kony digital, Temenos origination and Sitecore CMS among other new solutions. Bank Sale of the Year.

Fintech 102

Fintech Conference Innovation Community 102

Cisco

AUGUST 16, 2019

Both Chase and Bank of America announced last year that they would open 400-500 new branches in the next half-decade. Yet more than 1,700 bank branches closed nationwide between June 2016 and June 2017, according to the Wall Street Journal—the largest yearlong decline for bank branches on record.

ATM 74

ATM Study Community Community Bank 74

Gonzobanker

NOVEMBER 28, 2017

But many community banks and credit unions have done very well targeting market segments that respond to cash-back programs, or no rewards program at all. Good grief, we’re in 2017. Almost everybody saw fewer losses in 2017 as a result of these efforts. 2 – Credit: It takes data-driven marketing to win business.

Payments 80

Payments Fraud Cards Strategy 80

Gonzobanker

DECEMBER 17, 2021

Huntington and TCF merge to create the $170 billion Midwest dynamo and vault them into one of the top 10 banks in the country. This is an innovation-seeking franchise that has built a solid brand and never got over its skis in execution. GonzoBanker of the Year – Bank. Goes to Eric Sprink, Coastal Community Bank , Everett, Wash.

Fintech 143

Fintech Strategy Leadership Lending 143

PYMNTS

MARCH 18, 2019

In its final report, published in January of 2017, the Fed expressed its support of the collectively developed faster payments framework in the U.S., Also keen on the Fed’s involvement were the community banks and credit unions that worry (as they should) about having TCH as the only operator of an RTP network in the U.S.

Payments 201

Payments Cards Operations System 201

PYMNTS

APRIL 9, 2016

Innovation is the engine of America,” Purcell noted. Bezos did not mention if Amazon has a plan to go door to door in 2017 to personally enlist unsubscribed Americans into Amazon Prime, but if it shows up in next year’s letter, no one will be surprised. Just Say No’ To Killing Your Friendly Neighborhood Big Bank. “In

Regulation 100

Regulation Lending Omaha America 100

Lex Sokolin

DECEMBER 23, 2020

The SEC, OCC and CFTC have been generally more cautious not to step on financial technology innovation. That impossibility could force technology innovators to exit the market?—?likely Jack Henry and Fiserv each have over 2,000 such bank clients. Small banks do not want to see fintech charters, or fintech companies grow.

Regulation 52

Regulation US System Operations 52

Lex Sokolin

DECEMBER 23, 2020

The SEC, OCC and CFTC have been generally more cautious not to step on financial technology innovation. That impossibility could force technology innovators to exit the market?—?likely Jack Henry and Fiserv each have over 2,000 such bank clients. Small banks do not want to see fintech charters, or fintech companies grow.

Regulation 52

Regulation US System Operations 52

Gonzobanker

DECEMBER 19, 2016

So it’s time to light a fire, grab a big tumbler of Scotch and rest up for a busy 2017 as you experience one of the holiday’s greatest traditions: the annual GonzoBanker Awards. THE BANKING AWARDS. The FinTech Partner Best Practice Award – Goes to Cambridge Savings Bank and SigFig for their digital investment platform partnership.

Utah 60

Utah System Community Marketing 60

Gonzobanker

DECEMBER 19, 2016

So it’s time to light a fire, grab a big tumbler of Scotch and rest up for a busy 2017 as you experience one of the holiday’s greatest traditions: the annual GonzoBanker Awards. THE BANKING AWARDS. A Gonzo community bank being a leader and not a fast follower – that’s pretty cool! Check it out on YouTube.

Utah 60

Utah System Community Marketing 60

Gonzobanker

MARCH 21, 2017

For banks evaluating vendor promises, the internal handicapping conversation goes something like this: “OK, we have an announced general availability date of April 2017. With more than 100 solid community bank installs and a few large credit unions, it would be a shame to have it wither within a global financial corpocracy.

Phoenix 60

Phoenix Lending System US 60

Gonzobanker

MARCH 21, 2017

For banks evaluating vendor promises, the internal handicapping conversation goes something like this: “OK, we have an announced general availability date of April 2017. With more than 100 solid community bank installs and a few large credit unions, it would be a shame to have it wither within a global financial corpocracy.

Phoenix 60

Phoenix Lending System US 60