Jeff For Banks

JANUARY 14, 2021

In June of 2008 I gave a speech titled "The Death of the Community Bank" and in that speech I made predictions. Prediction: The General Bank will become extinct. Much like competitors nip at community banks' customers. Eighteen percent of that group opened an account at a digital bank. Result: Mixed.

Community Bank 130

Community Bank Community FDIC Strategy 130

Independent Banker

DECEMBER 31, 2021

If 2020 was the year no one expected, 2021 was a year of resetting expectations. Independent Banker ’s annual Community Bank CEO Outlook survey reveals how community bank leaders plan to leverage today’s deposit-laden banking environment to grow this year. Janet Silveria, Community Bank of Santa Maria.

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Community Bank Community Lending Louisiana 144

PYMNTS

JANUARY 6, 2020

Community banks are pushing for a stronger role with their small business (SMB) customers. However, through an embrace of FinTech collaboration and industry consolidation, community banks appear poised to further dispel assumptions of a lack of digitization. A Consolidating Industry. Strengthening SMB Ties.

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Community Bank Community Payments Fintech 123

Gonzobanker

DECEMBER 22, 2020

This Year was brought to you by the number 2020 and the letters W, T and F” – Big Bird (more or less). Banks and credit unions had to fundamentally change their delivery, support and relationship management models at scopes and speeds that were unheard of. THE BANK AWARDS. Most Oft-Heard Statements of 2020.

Idaho 183

Idaho Community Industry Strategy 183

South State Correspondent

MAY 25, 2020

Still, the majority of banks have now eliminated two possible scenarios: 1) Best case scenario – that nothing will change from February 2020; and 2) Worst case scenario – that the pandemic will not end in the foreseeable future and banks should avoid loans and invest in riskless securities.

Community Bank 195

Community Bank Community Lending Security 195

Abrigo

FEBRUARY 12, 2020

Key Takeaways Commercial real estate lending will be a top focus for many financial institutions in 2020. The Mortgage Bankers Association expects 9% growth in CRE originations in 2020. To read news headlines, commercial real estate (CRE) is headed for a terrible 2020. MBA's 2020 CRE outlook: Originations up 9%.

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Lending Trends FDIC Survey 195

South State Correspondent

SEPTEMBER 25, 2023

Given this new signal, community banks need to analyze what this interest rate environment means for their business model and how to maximize performance. The question is how will this interest rate development affect community banks’ performance, and what must community banks do to remain profitable?

Community Bank 195

Community Bank Community Industry Marketing 195

South State Correspondent

NOVEMBER 29, 2023

Community banks are striving to increase loan yield and maintain their cost of funding (COF). We have created and used a novel structure to take advantage of the inverted yield curve to allow community banks to increase net interest margin (NIM) and fee income on these existing fixed-rate loans.

Community Bank 195

Community Bank Community Tools Strategy 195

ABA Community Banking

FEBRUARY 28, 2020

Diving into the data on why community banks buy and sell—and how they can position themselves to succeed. The post Shifting Drivers of Bank M&A in 2020 appeared first on ABA Banking Journal.

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Community Bank Community Data 80

Abrigo

OCTOBER 20, 2020

Key Takeaways Gain an understanding of the current state of banking and future expectations. The banking industry has faced many challenges in 2020, from transitioning to CECL, managing Paycheck Protection Program loans, and navigating an unprecedented economic recession. Plan for new technology and innovations. Drive Growth.

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Management Lending Community Strategy 195

Gonzobanker

JANUARY 17, 2020

Well GonzoBankers, the gang is back to work and we are all headed face-first into 2020 – a year with more uncertainty than most about how things will turn out. So, to get your Gonzo executive brains warmed up for a new year, I offer you 20 important banking realities for 2020 to guide your strategic execution efforts: 1.

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Customer Experience Fintech Regional Cards 135

South State Correspondent

OCTOBER 25, 2020

On October 23, 2020, the International Swaps and Derivatives Association (ISDA) published the much anticipated IBOR Fallback Protocol (Protocol). Most community banks have some loans or deposits tied to LIBOR, and many community banks have used LIBOR hedges to help borrowers manage interest rate risk.

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Community Bank Community Management 221

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. Quick Stat. Source: Fannie Mae.

Community Bank 185

Community Bank Community Lending Marketing 185

Jeff For Banks

AUGUST 2, 2021

The result was that our non-staff expenses have gone from 2012 levels of $2.4MM to 2020 at $2.7MM. million in 2020. We still catalog every expense to every vendor and I sign nearly all the checks. 13/ @Schornack Our net interest income + non-interest income in the meantime has grown from $4.2 million in 2012 to $12.2

Community Bank 78

Community Bank Community Minnesota Metro 78

Banking Exchange

DECEMBER 20, 2021

Breaks 10-year trend as total assets grew to $468 trillion Community Banking The Economy Feature Financial Trends Financial Research Feature3 Retail Banking.

Community Bank 78

Community Bank Trends Community Retail 78

ABA Community Banking

AUGUST 25, 2020

FDIC-insured banks and savings institutions earned $18.8 billion in the second quarter of 2020, a 70% decline from a year prior, the FDIC reported today. The post FDIC: Bank Profits Fall amid Ongoing Pandemic; Community Bank Income Grows appeared first on ABA Banking Journal.

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FDIC Community Bank Community Report 45

Social Assurance

SEPTEMBER 10, 2020

Much like the rest of the country, COVID-19 forced FNB Community Bank to realign its strategy to reflect the message that it is here to help the community get through this. Overall, the campaign received over 400 votes and 10,000 impressions, which added up to $2,100 in donations from FNB Community Bank.

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Community Bank Community social media Resources 24

NCR

DECEMBER 18, 2017

Community banks are an integral part of the US banking system. In the US, a community bank is typically defined as one with assets of less than $1 billion – and for many people a local credit union or community bank is often the first choice when opting for a financial services provider.

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Community Bank Community Innovation ATM 79

Banking Exchange

DECEMBER 28, 2019

Community Banks Should Focus on Regional Strategy Community Banking Feature3 Feature The Economy Bank Performance Financial Trends Human Resources People Management.

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Community Bank Regional Resources Community 78

ABA Community Banking

FEBRUARY 18, 2020

ABA’s advocacy successes in recent years are laying the groundwork for a return to bipartisanship on banking issues. The post Keeping Banking Bipartisan in 2020 appeared first on ABA Banking Journal.

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Survey Leadership Community Bank Policies 107

South State Correspondent

NOVEMBER 2, 2020

On October 23, 2020, the International Swaps and Derivatives Association (ISDA) published the Fallback Protocol (Protocol) that allows firms that use LIBOR to transition to SOFR if LIBOR becomes unavailable in the future.

Community Bank 195

Community Bank Community 195

ABA Community Banking

DECEMBER 1, 2020

FDIC-insured banks and savings institutions earned $51.2 billion in the third quarter of 2020, a 10.7% decline from the year prior, but a significant improvement from the first half of the year, the FDIC reported today in its Quarterly Banking Profile.

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FDIC Community Bank Community Report 64

Independent Banker

DECEMBER 31, 2022

Much like we saw with some concentrated initiatives in 2020 with the Paycheck Protection Program (PPP) and the CARES Act, 2023 will bring a more granular focus to community banks’ lines of business. billion in 2020 revenues. Momentum around faster payments, real-time payments and FedNow. Continuing digital transformation.

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Innovation Trends Community Bank Community 103

South State Correspondent

FEBRUARY 8, 2021

Our first indication of industry performance for 4Q comes to us in the form of earnings disclosures from the top 24 banks. One: Small Is Beautiful.

Community Bank 150

Community Bank Community US Industry 150

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. Background of ERC ERC exists to assist businesses that were put under severe financial strain due to the government-mandated lockdowns from the 2020 COVID-19 pandemic.

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Taxes Community Bank Community Operations 195

ABA Community Banking

MARCH 6, 2020

A majority of bank CEOS—68%—are confident about their bank’s prospects for revenue growth in 2020, according to the Community Bank 2020 Priorities Survey released by ABA today. The post Bank CEOs to Focus on Digitization, Talent Development in 2020 appeared first on ABA Banking Journal.

Community Bank 52

Community Bank Banking 2020 Survey Community 52

Abrigo

MARCH 3, 2022

In today’s banking world, community banks are focused sharply on shareholders’ expectations for growth in earnings and return on equity. So, how can community banks support earnings and ROE growth in the face of intense regulatory scrutiny and competitive pressures on profitability? Fast forward to 2020.

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Lending Community Marketing Community Bank 195

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.

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Software Meeting Tools Community Bank 78

Independent Banker

JANUARY 31, 2020

“Community banks work hard to ensure that every day is just a little bit better than the last.”. As community bankers, we strive for excellence. In short, community banks work hard to ensure that every day is just a little bit better than the last. I can’t wait to unveil all we have in store in 2020.

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Community Bank Montana Community Tampa 130

Jack Henry

JANUARY 6, 2021

Reflecting back on 2020, the community banking and credit union industries should be proud of how this unprecedented pandemic and resulting economic crisis was managed. Happy New Year! This familiar wish resonates now more than ever before.

Financial Technology 144

Financial Technology Trends Technology Community Bank 144

Independent Banker

FEBRUARY 29, 2020

“Today’s technology environment opens the door to a world of opportunity for community bankers.”. Welcome to Independent Banker’s ICBA LIVE 2020 issue! As a child, the concept of the year 2020 seemed so far-fetched. Burgeoning customer expectations demand that technology plays a pivotal role in community banks’ strategies.

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Community Bank Community Technology Customer Experience 155

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.

Fraud 160

Fraud Strategy Community Bank New York City 160

Banking Exchange

FEBRUARY 1, 2021

The Houston-based banking group saw steady growth in its loan portfolio in Q4 Bank Performance The Economy Feature Financial Trends Management Feature3 Community Banking.

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Houston Community Bank Community Trends 60

Banking 2020

SEPTEMBER 16, 2014

Sageworks recently ranked more than 6,600 banks in the United States to find the 15 best-run community banks. banks and credit unions. Notably, small community banks took a large portion of the list with two-thirds of banks listed having less than $500 million in assets. Did you make the list?

Community Bank 78

Community Bank Community United States Texas 78

Independent Banker

SEPTEMBER 30, 2021

Under Larry Wilson’s leadership, First Arkansas Bank and Trust’s branch on the Little Rock Air Force Base was named the 2020 Air Force Bank of the Year. Community banks operate on a majority of the country’s military installations. Community banks comprise more than two-thirds of the 66 banks operating on U.S.

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Arkansas Community Bank Community Operations 168

Independent Banker

NOVEMBER 30, 2021

Community bankers’ awakening to new possibilities has made for an impactful year and will help position community banks to flourish in 2022 and beyond. This awakening to innovation among community banks continues to spread. Take, for example, Queensborough National Bank & Trust Co. Dispelling myths.

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Community Bank Community Innovation Video 134

ABA Community Banking

MAY 24, 2020

The post Remembrance of the Debt We All Owe: Memorial Day 2020 appeared first on ABA Banking Journal. In observance of Memorial Day, USAA has launched a campaign to help Americans honor and remember those who have given their lives in armed conflict on behalf of the United States.

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United States Community Bank Community 91