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Predicting Community Bank Cost of Funds

South State Correspondent

Community bank cost of funds is jumping up. As shown in the graph below, the net interest margin (NIM) for community banks declined 22bps in Q1’23. The question is – what will happen to community bank’s cost of funds from here? The graph below shows community bank cost of funds compared to those banks over $25B.

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A Look at DevOps in 2020: Sonatype’s Community Survey

Perficient

Sonatype recently released findings from its seventh annual DevOps Community Survey that examines the differences between mature and evolving DevOps practices, but with a new lens – how maturity levels impact developer happiness and culture. This year’s survey was comprised of 34 questions of Sonatype’s DevOps community between Jan.

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Why Automation is Key to Chesapeake Bank’s Innovation Strategy for 2019

Bank Innovation

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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Bank Branch Closings Take Toll On Rural Communities 

PYMNTS

Rural communities with lower incomes or a higher percentage of minorities saw the most closures, losing 1,553 bank branches in 794 counties, a decline of 14 percent. Urban areas lost 9 percent of branches in 802 communities. More than half of the 3,114 counties in the U.S. Earlier this month, the U.S.

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PayPal CEO To Investors: Let’s Celebrate 2019

PYMNTS

In a letter to the PayPal community posted on LinkedIn on Thursday (April 9), Dan Schulman said the company ended last year with many accomplishments. The note was first published in PayPal’s 2019 Annual Report. Schulman boasted about the company’s growth in 2019, including $17.8 billion in revenue.

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Top Lending & Credit Risk Blog Posts of 2019

Abrigo

Key Takeaways The most popular blog posts on the Abrigo site reflect many of the priorities community banks and credit unions had in 2019. As 2019 winds down, community banks and credit unions have worked hard to attract new customers and members and to retain existing ones. Top blog posts reflect bank, CU priorities.

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The Death of the Community Bank

Jeff For Banks

In June of 2008 I gave a speech titled "The Death of the Community Bank" and in that speech I made predictions. Much like the General Store fell victim to the supermarket and the lumber yard fell victim to Home Depot, I predicted the community bank that did not pick targeted customer niches or develop product expertise will meet it's doom.