Jeff For Banks

DECEMBER 29, 2020

I chose five years because banks that focus on year over year returns tend to cut strategic investments come budget time, which hurts their market position, earnings power, and future relevance than those that make those investments. Short-term focus is a common trait of banks that focus on shareholder primacy over stakeholder primacy.

North Carolina 147

North Carolina Capital Community Bank Wisconsin 147

Gonzobanker

AUGUST 21, 2020

Banking executives should take a page out of the software industry playbook and adopt an agile approach to planning. If the first half of 2020 taught financial institutions anything, it’s that they must be nimble enough to adjust to change on short notice. The post Three Tips for Agile Planning in 2020 appeared first on Gonzobanker.

Software 78

Software Meeting Tools Community Bank 78

Independent Banker

APRIL 30, 2022

Here’s how community bankers can take advantage of various sectors—including SBA lending—over the next 12 months. Community banks that have struggled to grow their commercial loan portfolios over the past two years are optimistic that there are brighter days ahead this year and next. First Business Bank in Madison, Wis.,

Lending 158

Lending Community St. Louis Community Bank 158

Independent Banker

DECEMBER 1, 2021

Under the leadership of CEO Randell Leach, Beneficial State Bank is pursuing an ambitious mission of financial activism and strong corporate values. The idea that community banking can be a force for positive change is at the heart of Beneficial State Bank, which engages its customers through financial activism.

Oakland 153

Oakland Community Community Bank Leadership 153

Independent Banker

APRIL 30, 2022

During the pandemic, many community banks needed to change how they operated. It can clarify roles and responsibilities, encourage timely communication and help community banks operate more efficiently. Oregon Pacific Bank had to close lobbies and send half of its workforce home.

Oregon 91

Oregon Community Bank Community Meeting 91

Independent Banker

JANUARY 31, 2022

Here’s how four community banks are thriving in this environment. The 2020 Census quantified the growth many residents were already sensing: Austin grew by 33% between 2010 and 2020, earning it the rank of fastest-growing large metro. These include family-owned businesses, community businesses and operating companies.

Texas 182

Texas San Antonio Community Bank Community 182

Jeff For Banks

AUGUST 3, 2020

Capital aplenty. Unlike 2008, banks were not the bane of our problems. Sure, community banks had little to do with liar loans or what was otherwise termed sub-prime. But many banks were, including the nation's largest. And "bank" is what's on our marquee. Community banks in particular.

Community Bank 88

Community Bank Community Capital Analytics 88

Abrigo

FEBRUARY 27, 2020

Abrigo’s 2020 Business Lending Readiness Survey found many bankers are dealing with processes that stymie those efforts. Many community bankers expect a recession will start by at least mid-2021, according to the most recent Community Bank Sentiment Index. That’s scale.” 21, 2019 – Jan. Lending & Credit Risk.

Lending 243

Lending Survey Data System 243

PYMNTS

AUGUST 31, 2020

PYMNTS’ August 2020 Credit Union Tracker® , done in collaboration with PSCU , examines the microbusiness landscape as the fog of COVID-19 begins to lift and new needs are clarified. Advanced Banking Tech for Small Operators. Leaning Into Community-First Lending. microbusinesses as well.

Community 152

Community Lending Community Bank Innovation 152

Independent Banker

APRIL 30, 2022

Independent Banker’s annual listing top-performing community banks of 2021 alongside interviews with some of the winners. In true community bank fashion, each has its own story to tell and its own path to success. In true community bank fashion, each has its own story to tell and its own path to success.

Community Bank 172

Community Bank Community Montana Taxes 172

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. January 2020.

Community Bank 91

Community Bank Community Software New York City 91

Gonzobanker

MAY 4, 2020

All the capital flowing into the digital fintech space is helping to solve banking industry challenges. As the industry’s appetite for digital technology grows, the capital that’s been flowing into mostly digital-focused fintech is solving real industry challenges right now. Moven Bank announced discontinued U.S.

Fintech 109

Fintech FDIC Capital Community Bank 109

South State Correspondent

OCTOBER 26, 2023

Our Top 10 Insights From Money 20/20 From these sessions and announcements, we pulled out ten of our most important takeaways, each having an impact on bank operations in the coming year. The big takeaway from Money 2020 is that banks need to do a better job at policing themselves and that BaaS is not as scalable as once thought.

Conference 221

Conference Las Vegas Fraud Case Study 221

CFPB Monitor

MARCH 30, 2020

All such programs shall terminate not later than December 31, 2020. This relief shall expire on the earlier of the termination date of the National Emergency or December 31, 2020. Such permission shall expire on the earlier of the termination date of the National Emergency or December 31, 2020.

Regulation 122

Regulation United States Community Bank National 122

Jeff For Banks

DECEMBER 16, 2022

The first bank to crack the Top 5 over $50 billion did so in 2020. As a reference, the best SIFI bank in five-year total return this year was JPMorgan Chase at 82nd overall. My method was to search for the best banks based on total return to shareholders over the past five years. MetroCity Bankshares, Inc.

Puerto Rico 78

Puerto Rico Virgin Islands Community Community Bank 78

Gonzobanker

FEBRUARY 8, 2022

It’s been a long two years since bankers and investment bankers nationwide made their annual pilgrimage to the Arizona desert for the Acquire or Be Acquired conference – and ohhh man, a completely different world has emerged since the January 2020 get-together! and a trailblazer in the world of banking as a service (BaaS).

Fintech 166

Fintech Customer Experience Conference Technology 166

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

South State Correspondent

JUNE 13, 2023

When interest rates rise, lenders struggle to manage revenue and economic capital; when rates fall, borrowers can commonly refinance the debt at lower rates. However, these borrowers are comparing current rates to the abnormal environment in the pandemic between 2020 and 2022.

Marketing 195

Marketing Examples Capital Management 195

Independent Banker

DECEMBER 31, 2022

We recently spoke with community bank CEOs from across the country to gain insights on how they’re proactively positioning to manage risks and take advantage of growth opportunities in the coming year. Following some respite in 2022, community bankers are bracing for a tougher economic landscape ahead in 2023. Corey Neil.

Community Bank 91

Community Bank Community Tampa North Carolina 91

Abrigo

NOVEMBER 9, 2022

With just weeks left to complete CECL implementation, how are banks and credit unions doing? How has CECL implementation impacted their operations and reserves for credit losses? In many cases, financial institutions adopting CECL for the 2023 deadline are tracking ahead of where SEC registrants were as they faced a 2020 deadline.

Survey 195

Survey Software Resources Meeting 195

PYMNTS

JUNE 26, 2020

The first half of 2020 has been rough on small businesses of all kinds, whether they had to close their doors due to public-health orders or had to relocate their staff to working from home virtually overnight. It’s required lots of on-the-spot innovation as firms had to massively rethink their operations from the ground up.

Payments 176

Payments Software Trends Digital Marketing Channels 176

CB Insights

FEBRUARY 20, 2020

Today, 22 of those companies have become unicorns, 17 have exited, and none have shuttered operations. Two of these unicorns have already exited: Plaid was acquired by Visa in January 2020, and Bill.com held an IPO in December 2019. In January 2020, Visa announced a $5.3B Click to enlarge. . Click to enlarge. . Acquisitions.

Fintech 80

Fintech US Lending Cards 80

Jeff For Banks

DECEMBER 9, 2020

On October 29, 2020, the New York State Department of Financial Services (DFS) issued a letter to all depositories and non-depositories regulated by them regarding climate change and financial risks. The top 10 banks already control over 50% of all US banking assets. This post is not about climate change.

Lending 78

Lending Regulation Community National 78

Abrigo

MAY 22, 2024

The piece covers: Statistics on small business lending and its role in communities and the economy Traditional depository institutions’ changing market share in small business lending The challenges (financial and operational) of small business lending for banks, credit unions, and borrowers. trillion between 2019 and 2022.

Lending 195

Lending St. Louis Community Marketing 195

Abrigo

APRIL 22, 2024

The piece covers: The small business lending market and its role in communities and the economy Traditional depository institutions’ changing market share in small business lending The challenges (financial and operational) of small business lending for banks, credit unions, and borrowers. trillion between 2019 and 2022.

Lending 243

Lending St. Louis Community Marketing 243

Jeff For Banks

MARCH 5, 2022

Many businesses are seeing labor shortages, as we are still several million payrolls short of where we were in early 2020. GDP for all of 2021 was +5.7%, following a year of decline in 2020 of -3.4% As we learned during the expansionary decade of 2010 to 2020, GDP greater than 90% for several years will lower GDP by one-third.

Marketing 78

Marketing Policies Community Bank Community 78

South State Correspondent

JANUARY 30, 2024

The good news is that for many other areas, budgets are lower at banks compared to last year, and the fact that IT is still positive underscores the strategic imperative that banks face to digitize traditional operations, reduce costs, gain scale, and improve the customer experience. and 11.1%, with a median of 8.1%

Capital 195

Capital Operations Customer Experience Comparison 195

South State Correspondent

APRIL 6, 2022

Our recent sampling of 73 banks indicates that most banks have not adjusted loan or relationship pricing assumptions over the last two years. That could be a mistake as the environment has been radically different since 2020, and many banks are mispricing their commercial loans and relationships. No one wants that.

Capital 195

Capital Training Management Atlanta 195

Abrigo

NOVEMBER 29, 2021

Takeaway 3 Community banks have seen less volatility in noninterest income, and many are still eyeing growth across the category. The Consumer Financial Protection Bureau (CFPB) in 2020 ordered TD Bank, N.A. Community banks target growth. Types of Noninterest Income. An important source of revenue.

Community Bank 195

Community Bank Community FDIC Trends 195

Gonzobanker

SEPTEMBER 10, 2019

The digital banking market continues a long burn—this time like the smoke of a Texas summer barbecue. At 5X Kony’s expected 2020 revenues of $115M, based on other recent deals in the space the purchase price seems like a decent deal for Temenos. “So So now you can lose those European loafers and wear these [cowboy boots].”

United States 88

United States Texas Austin Kansas City 88

Gonzobanker

DECEMBER 17, 2021

Bank Deal of the Year. It was a cray cray year for mergers and acquisitions (M&As) in 2021 coming out of COVID slowdown in 2020. With prices rational and revenue pinched, there were some nice acquisitions by many banks. Bancorp for grabbing MUFG Union Bank. Goes to Eric Sprink, Coastal Community Bank , Everett, Wash.

Fintech 143

Fintech Strategy Leadership Lending 143

Independent Banker

JUNE 30, 2022

The Peoples Bank helped the Jones family of Legacy Dairy in Hiseville, Ky., From left, Ally Jones; bank chairman, president and CEO Terry L. Last year, community bank loan producers were faced with both record-low interest rates and a glut of deposits. The bank provides crop insurance to farmers in 11 states.

Community Bank 172

Community Bank Community National Philadelphia 172

Gonzobanker

DECEMBER 20, 2019

Chris Myers, President & CEO, Citizens Business Bank – During a tumultuous time for West Coast banks, Myers kept his sights on being a top commercial relationship bank. The company’s market capitalization, which after declining to less than $600 million in the 2009 recession, has now grown to almost $3 billion.

Idaho 148

Idaho Conference Data Marketing 148

Abrigo

MARCH 24, 2021

Takeaway 1 Financial institutions that invested in technology in 2020 are using it to increase the loan portfolio in 2021. The top banking challenges in 2021 are growing loans and earnings, according to Independent Banker’s recent 2021 Community Bank CEO Outlook survey. Capitalize on the momentum you gained during 2020.

Lending 221

Lending Technology Survey Examples 221

Independent Banker

NOVEMBER 30, 2021

State Bank of Texas, led by president Sushil Patel (center), has a niche working with hospitality customers like Reena and Arun Patel, who own and operate a La Quinta hotel in Dallas. Between the [Trump] administration and Congress and the regulators, they did a terrific job of allowing banks to work with their borrowers,” says Jeff W.

Community Bank 209

Community Bank Community Texas Dallas 209

Abrigo

JULY 28, 2021

Community financial institutions required to complete the current expected credit loss (CECL) standard implementation by 2023 are undoubtedly busy managing record-low net interest margins, pandemic-related uncertainties, and operational issues, as well as their own strategic initiatives.

Resources 195

Resources San Antonio Data Regulation 195

Gonzobanker

DECEMBER 19, 2022

2022 was the year the fintech industry and venture capital firms figured out that banking is harder than everybody thought. Hats off to Thomas Shara at Lakeland and Tony Labozzetta of Provident for architecting the new $25 billion super-community bank in New Jersey. with Coinbase alone attracting $86 billion. Goes to CSI.

Community 216

Community Fintech Industry Innovation 216