Bank Innovation

JANUARY 29, 2019

Bank-backed Zelle will offer its P2P service to core processor technology provider Finastra this year, Bank Innovation has learned. Our goal is to onboard as many smaller banks, credit unions, community banks as possible, and this is where our partnerships with core-processors play an integral role in getting them […].

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Community Bank Community Strategy Innovation 170

Bank Innovation

JANUARY 7, 2019

Automation is the theme that best describes Chesapeake Bank’s innovation roadmap for 2019, Kevin Wood, managing director of the state-chartered community bank’s business lending division, Cash Flow, told Bank Innovation. “One

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Innovation Strategies Innovation Strategy Maine 186

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

Jeff For Banks

MAY 19, 2020

"How much more abuse can small businesses take from big banks?" ~ Community Bank CEO PPP is winding down. Community banks not only took care of their small to medium sized businesses (SMEs), but also helped big bank customers when their calls went unanswered. Because the big banks prioritized.

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Maine Community Bank Community Lending 88

ABA Community Banking

AUGUST 27, 2018

SRM, an independent consultant for financial institutions, has identified the following trends for 2019: Technology Feature Feature3.

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Community Bank Community Trends Technology 58

CFPB Monitor

FEBRUARY 28, 2019

The CFPB has published notices in the Federal Register announcing that its Consumer Advisory Board , Credit Union Advisory Council , and Community Bank Advisory Council will hold meetings in Washington, D.C. on March 14, 2019.

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Meeting Groups Washington Community Bank 68

South State Correspondent

FEBRUARY 8, 2021

In this article, we break down five lessons learned from analyzing large bank performance for the fourth quarter (4Q) of 2020 compared to 2019 and see how we can turn this data into actionable insights to improve community bank performance. . One: Small Is Beautiful.

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South State Correspondent

NOVEMBER 2, 2015

As such, should this rule stand as written, it would most likely go into effect in January of 2019 and make it onerous for large banks to securitize a variety of transactions.

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Lending Community Bank Community 150

ABA Community Banking

AUGUST 27, 2018

SRM, an independent consultant for financial institutions, has identified the following trends for 2019: Technology Feature Feature3.

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Community Bank Community Trends Technology 40

Gonzobanker

JANUARY 25, 2019

Whether you are a community bank or a fintech provider, that makes sense. So many of Fiserv’s core clients are commercial community banks, and those banks (as well as credit unions getting into business services) need increasingly more help with business payments. Diversification versus Concentration.

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Data Fintech Community Bank UX 140

Independent Banker

MAY 31, 2022

Josh Prejean (right) of Bank of Zachary, here with mortgage client David Rozas, says community banks must compete through customer service. We look at how community banks can counter nonbanks’ offerings through streamlined technology, customer service and other strategies. Josh Prejean, Bank of Zachary.

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Community Bank Community Lending Marketing 185

William Mills

NOVEMBER 21, 2019

WMA president Scott Mills spoke at the Sawyers & Jacobs 2019 Bank Tech Summit in Memphis, Tennessee about how fintech accelerators and incubators can be of service to community financial institutions.

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Memphis Tennessee Community Community Bank 60

ABA Community Banking

NOVEMBER 4, 2020

He helped transform the community bank into one that has won awards—including a 2019 ABA Foundation Community Commitment Award—for its responsiveness to local needs. The post Podcast: Believing in What Banking Can Do appeared first on ABA Banking Journal. After a long career as a commercial banker in St.

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St. Louis Community Bank Community 116

ABA Community Banking

AUGUST 10, 2020

Even before consumers’ acceleration to online shopping due to the pandemic, card-not-present debit transactions rose 21% year-on-year in 2019, according to Pulse’s debit issuer survey released today. The post P2P Payments, Card-Not-Present Drive 2019 Growth in Debit Transactions appeared first on ABA Banking Journal.

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Cards Survey Payments Online 94

Independent Banker

NOVEMBER 30, 2022

In 2022, ICBA’s award-winning ThinkTECH Accelerator program reached more community banks with innovative solutions and partnerships than ever before. For ICBA and our community bank members, 2022 was a year full of potential. By Charles Potts, ICBA. That’s what I would call creating a legacy of success.

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Community Bank Community Innovation Atlanta 99

South State Correspondent

MARCH 21, 2023

The need for a known, reliable brand creates an excellent opportunity for community banks to help small business customers while building deposit balances. Community banks can now white label this same product to onboard and process employee retention tax credits for the bank’s small business customers AND prospects.

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Taxes Community Bank Community Operations 195

PYMNTS

APRIL 12, 2019

In supplemental materials provided along with earnings, JPMorgan said its consumer and community banking unit logged net income of $4 billion, which was up 19 percent year over year. Drilling down into the consumer unit, the company said core consumer loan volume was up 3 percent. billion.

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Mobile United States Cards Community Bank 108

BankInovation

OCTOBER 22, 2020

The transformation of Barwick Bank began in 2019 with a note left in Chad Bowling’s unlocked Range Rover. Bowling, a 22-year veteran of community banking who began his career as a teller, was ready for a change. The de novo Reunion Bank of Florida he had helped found and grow with his business partner and […].

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Florida Community Bank Community Phoenix 98

ABA Community Banking

OCTOBER 19, 2020

households that are unbanked continued falling in 2019, reaching 5.4%, the lowest rate yet recorded in a biennial FDIC report. The post FDIC: Share of Unbanked Americans Reaches Record Low in 2019 appeared first on ABA Banking Journal. The share of U.S.

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FDIC Report Survey ATM 56

PYMNTS

OCTOBER 25, 2020

StreetShares launched in 2019. The technology particularly impacted FIs like community banks, Minority Depository Institutions (MDIs) and Community Development Financial Institutions, which made up around 75 percent of the StreetShares PPP loan forgiveness volume, the release stated. "But

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Lending Community Bank Community Fintech 160

ABA Community Banking

JUNE 10, 2020

Financial performance among minority depository institutions remained sound through the end of 2019, according to the FDIC's annual report on preserving and promoting MDIs. The post FDIC: Minority Bank Performance Remained Sound in 2019 appeared first on ABA Banking Journal.

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FDIC Report Community Bank Policies 59

Independent Banker

OCTOBER 31, 2021

How Americans bank has been changing for years, including how they start their banking relationships. Offering the ability to open an account online can be one way to reach customers who are unable to join your community bank in person. In 2019, the two merged brands again under IncredibleBank.

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Idaho Community Bank Community New Jersey 134

ABA Community Banking

MARCH 11, 2020

While banks continued to see deposit growth over the past year, it lagged the five-year average for annual growth, according to the latest issue of the FDIC Quarterly. The post FDIC: Deposit Growth Picks Up Slightly in 2019 appeared first on ABA Banking Journal.

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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. By 2019, yields across the entire curve had coalesced right around 2.5%.

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Community Bank Community Memphis Security 91

Independent Banker

SEPTEMBER 30, 2021

The number of money mule schemes affecting community banks is increasing, in part because of the pandemic. Here’s how two community banks are protecting their customers from falling victim to fraud. More and more community banks are having to deal with money mule schemes targeting unsuspecting customers.

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Community Bank Fraud Community Training 91

Independent Banker

NOVEMBER 30, 2021

Experts say community banks can use education, biometrics and solid cybersecurity practices to fight this growing area of crime. Say a scammer calls a community bank customer and gains their trust by using information obtained from a major data breach. By Elizabeth Judd. Examples of remote authentication fraud.

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Fraud Strategy Community Bank New York City 160

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. billion to the state’s GDP in 2019, according to state records.

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Texas San Antonio Community Bank Community 182

ABA Community Banking

JULY 9, 2021

The post ABA Data Bank: Bank On Accounts, Share of New Customers Grow in 2019 appeared first on ABA Banking Journal. View the data here.

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Data Community Bank Community Marketing 59

PYMNTS

APRIL 29, 2019

Power 2019 U.S. Retail Banking Satisfaction Study , retail banking was declared to have bounced back reputation-wise over the past decade, due to improvements in customer service spurred by innovations like mobile banking. Community banks (45.6 percent or commercial banks at 32.4

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Fintech Innovation Community Bank Study 193

PYMNTS

FEBRUARY 25, 2019

Liu pointed out that the online database of the aforementioned state licensing and FinTech guidance will go live later in 2019. Our FinTech industry advisory panel did include a few community banks. We had some robust discussions with them about community banking and innovation.

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Regulation Fintech Community Bank Community 147

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. It is the $888 million holding company for Plumas Bank. The bank operates thirteen branches, eleven in northern California and two in Nevada.

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Indiana South Dakota Oregon Community Bank 78

American Banker

DECEMBER 16, 2019

Dollars in thousands.

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Community Bank Community 63

American Banker

APRIL 23, 2024

Brendon Falconer, finance chief of the Indiana company since 2019, faces felony child molestation charges. But CEO James Ryan says management is focused on the CapStar integration and organic growth.

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Indiana National Management Company 63

Independent Banker

NOVEMBER 30, 2022

When it comes to supporting outliers in the Las Vegas community, Lexicon Bank knows how to play its cards. Name: Lexicon Bank. Lexicon Bank in Las Vegas opened its doors in August 2019, not long before COVID-19 shut down the city’s entertainment businesses. million-asset bank in the early days of the pandemic.

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Las Vegas Community Bank Community Wisconsin 129

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. June 4, 2019.

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Community Bank Community Software New York City 91

PYMNTS

MARCH 16, 2020

By moving the roll-out date, Swift said it hopes to avoid short-term investments, instead hoping to foster a more permanent community. Bank officials, though, acknowledged the complexity of the transition, saying the move will require different steps for various types of business. Around 60 percent of payments were sent using gpi.

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Payments Community Bank Resources System 195

Independent Banker

SEPTEMBER 30, 2021

After all, the rapid rise in fraud during the pandemic would spook anyone and definitely keeps community bankers up at night, which is why meaningful monitoring and action continue to be necessary. While community banks have done much to safeguard their institutions, ongoing vigilance is needed. Sharing information.

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Resources Community Community Bank Leadership 131