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What #Banking Trend Will Have the Greatest Impact on Your Bank?

Jeff For Banks

This was the question posed to Bank Profitability students as part of the Oregon Bankers' Association's Executive Development Program (EDP). These were up-and-coming bankers, the future leaders of our industry, identifying industry trends that will have the greatest impact on their bank, in no particular order.

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Rebeca Romero Rainey: A community banking resolution

Independent Banker

“We look forward to serving you and your community bank in the year ahead.”. Happy New Year, community bankers! I hope you all enjoyed the holidays and are ready to start 2019 off right with all that ICBA has to offer. You’ll save if you sign up by the early bird deadline on Jan. Where I’ll be this month.

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Lexicon Bank: A bank that shows its hand

Independent Banker

When it comes to supporting outliers in the Las Vegas community, Lexicon Bank knows how to play its cards. Lexicon Bank in Las Vegas opened its doors in August 2019, not long before COVID-19 shut down the city’s entertainment businesses. Photo by Sammy Tillery. By Tom Groenfeldt. Name: Lexicon Bank. Assets: $237.6 A natural fit.

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Prevention is the Key to Stopping Elder Financial Exploitation & Fraud

Abrigo

The NCOA estimates the cost of elder financial abuse to older Americans to be up to $36.5 billion annually. A recent American Bankers Association Foundation (ABA) research study found that older Americans hold 65% of the deposited wealth in the United States. Would you like other articles on BSA/AML training in your inbox?

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Budget Surplus? 5 Ways to Invest in Your Financial Institution with This Year’s Excess Budget

Abrigo

Takeaway 3 Signing up for 2022 conferences is another smart use of surplus budget funds, because some events are offering early-bird discounts. Indeed, deposit levels to transaction accounts among community banks exploded 74% to $896.5 31, 2019, and June 3, 2021, according to the Community Banking in the 21st Century report.

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Community Heroes Leaving Their Mark

Social Assurance

Whatever it is, community heroes are constantly leaving their mark. From supporting small businesses to uplifting employees, here’s how Community Heroes Empower, Ignite, and Enable their communities: Empower. Community heroes empower local businesses. “ Loans provide an opportunity for community bankers to connect.

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My Wish for Three Gifts for Bankers

Jeff For Banks

Although the magi's perils were greater and their journey quite significant than the modern day banker, I too see headwinds for community financial institutions, and wish for three gifts for them during this holiday season. My Wish For Bankers in 2019 1. The accompanying chart should be quite alarming for bankers.