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.

Community Bank 79

Community Bank Community Innovation ATM 79

Jeff For Banks

AUGUST 14, 2022

In 2012 the Obama administration launched "Operation Choke Point" ("OCP") which was designed to ensure banks considered the risk of banking payday lenders that were engaged in abusive practices. It has since been modified and the list removed because it was too obvious what they were doing.

Operations 78

Operations Lending FDIC Industry 78

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.

Management 195

Management Lending Community Strategy 195

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.

Taxes 195

Taxes Community Bank Community Operations 195

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. Steven Lepper, Association of Military Banks of America.

Arkansas 168

Arkansas Community Bank Community Operations 168

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. This familiar wish resonates now more than ever before.

Financial Technology 144

Financial Technology Trends Technology Community Bank 144

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. But I also wanted to recognize the widespread acceptance of innovation I’ve witnessed among community bankers during 2021, another challenging year. Dispelling myths.

Community Bank 134

Community Bank Community Innovation Video 134

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.

Community Bank 155

Community Bank Community Technology Customer Experience 155

Independent Banker

JANUARY 31, 2022

These community banks are working to fix that through microlending programs. One of the harsh realities revealed by the flood of Paycheck Protection Program (PPP) money distributed in 2020 and 2021 is that many businesses and entrepreneurs in need of small-balance loans fell through the cracks. By Beth Mattson-Teig.

Lending 150

Lending Community Community Bank Compliance 150

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.

Customer Experience 127

Customer Experience Fintech Regional Cards 127

Social Assurance

SEPTEMBER 10, 2020

Sanibel Captiva Community Bank supports nonprofit organizations that make a meaningful impact in the lives of Southwest Floridians. Community is in its name and it’s central to its values. The post Community Spark Award 2020 Finalist: Sanibel Captiva Community Bank appeared first on Social Assurance.

Community Bank 15

Community Bank Community Florida Operations 15

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

Independent Banker

AUGUST 31, 2021

[There is a] need for strong voices to weigh in on how new regulation will affect our communities and the customers we serve. A 2020 U.S. Government Accountability Office report concluded that a “very small” community bank could spend up to 2.4% of operating expenses on Bank Secrecy Act (BSA) work alone.

Community 145

Community Community Bank Compliance Regulation 145

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

Independent Banker

NOVEMBER 30, 2022

Stacy Watkins (left), president and CEO, and Hilary Nelson (right), senior vice president and director of operations and compliance, at the Las Vegas Strip. When it comes to supporting outliers in the Las Vegas community, Lexicon Bank knows how to play its cards. Name: Lexicon Bank. Photo by Sammy Tillery. Assets: $237.6

Las Vegas 129

Las Vegas Community Bank Community Wisconsin 129

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

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

SEPTEMBER 30, 2021

We know that despite the frights cyberattacks bring, you continue to flourish by safeguarding the communities you serve. 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. Where I’ll Be.

Resources 131

Resources Community Community Bank Leadership 131

Independent Banker

APRIL 30, 2022

While most of Alpine Bank’s in-lobby “shops” are carried out here at its Glenwood Springs branch, the program also has an online element. It’s no secret why Alpine Bank’s mystery shopper program has helped the community bank meet and exceed customer expectations over the past two decades. Name: Alpine Bank.

Community Bank 91

Community Bank Community Illinois Online 91

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

FEBRUARY 28, 2022

What this has to do with community bank investment management may not be readily apparent. Fresh on our minds is the year 2020. Belly of the curve matters to community banks. More often, the two operate independently. In fact, the tone is about to improve. This can be true in some cases, but not all.

Community Bank 91

Community Bank Community Memphis Security 91

Independent Banker

AUGUST 31, 2021

The payments space can be dizzying for even the most enterprising community bank. Banking-as-a-service (BaaS). Central bank digital currency (CBDC). The financial services industry is acting on this digital demand, incorporating fintech solutions, instant payments offerings and crypto banking products.

Trends 91

Trends How To Payments Community Bank 91

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

Abrigo

JANUARY 11, 2021

The next round of the Paycheck Protection Program (PPP) has kicked off with Community Development Financial Institutions (CDFIs), Minority Depository Institutions (MDIs), and other community financial institutions submitting applications for local businesses. See how Community Bank of the Bay partnered with Abrigo to help borrowers.

Lending 195

Lending Community Community Bank San Francisco 195

PYMNTS

FEBRUARY 25, 2019

The panel, which traces its genesis back two years, is comprised of two groups, focused separately on lending and payments, and is in turn part of CSBS Vision 2020. “As Our FinTech industry advisory panel did include a few community banks. We had some robust discussions with them about community banking and innovation.

Regulation 147

Regulation Fintech Community Bank Community 147

Independent Banker

NOVEMBER 30, 2021

Premium benefits packages, professional development and TLC during the pandemic—this year’s winners do everything in their power to keep their community bankers happy and fulfilled. We asked both leaders and staffers to tell us what makes their community banks stand out as employers. Key Community Bank: Leading by example.

Community Bank 164

Community Bank Community Texas Leadership 164

Jeff For Banks

FEBRUARY 12, 2024

Perry's perspective is clearly focused on shareholder value and may be viewed as shareholder primacy, a sometimes derogatory term because pursuing shareholder value could be done at the expense of other stakeholders, such as employees, customers, and communities. Launched its equipment finance group - 11/2020 3.

Columbus 108

Columbus Indianapolis Capital Community Bank 108

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

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

PYMNTS

JULY 24, 2018

Synovus Financial announced on Tuesday (July 24) that it is acquiring FCB Financial Holdings, owner of Florida Community Bank (FCB), Florida’s largest community bank, in a deal valued at $2.9 According to Synovus, once the deal closes, it will be the largest mid-cap bank in the Southeast by deposits.

Florida 100

Florida Community Bank Regional Community 100

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

OCTOBER 1, 2022

But as the prevalence of security breaches grows, so do the opportunities for community banks to position themselves as guardians of their customers’ personal data through compliance, technology and relationship building. Shielding sensitive customer information from prying eyes remains a chronic industry challenge. Bob Hickok.

Data 91

Data How To Community Bank California 91

Jeff For Banks

DECEMBER 29, 2020

As a point of reference, the S&P US BMI Bank Total Return Index for the five years ended December 23, 2020 was 46.3%. While the S&P US BMI Banks Index was down 16%, FDBC held serve. This puts its price to tangible book ratio slightly north of 2x, high by traditional community bank standards today.

North Carolina 147

North Carolina Capital Community Bank Wisconsin 147

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

PYMNTS

JUNE 30, 2020

challenger bank Allica Bank has launched using Profile Software ‘s banking programs in order to ensure small- to medium-sized business (SMB) customers a way to manage their banking and risk operations, according to a press release. Allica Bank will use Profile’s FMS.next as its core banking platform.

Software 151

Software Community Bank Resources Digital Banking 151

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

Independent Banker

OCTOBER 31, 2021

Community bankers tell us why. First State Bank & Trust in Williston, N.D., started developing its digital lending platform about three years ago—and the bank is really glad it did. “I’m Chris Jundt, First State Bank & Trust. Community banks have really propelled themselves into this journey in a fantastic way.

Lending 91

Lending Community Bank Community North Dakota 91