Independent Banker

MARCH 31, 2022

A secure, open-loop, cost-saving, customer-accessible, multiplatform P2P payments network might sound too good to be true, but community bank consortium Alloy Labs Alliance hopes to achieve just that with the CHUCK payment rail. Launched: 2021. Julieann Thurlow, Reading Cooperative Bank. By Katie Kuehner-Hebert.

Community Bank 91

Community Bank Community Payments Meeting 91

Independent Banker

FEBRUARY 1, 2022

The banking industry remains in flux. 2021 introduced new challenges for traditional banks, from the added competition of digital-only entrants to shifting consumer banking behaviors and lingering fallout from the ongoing COVID-19 pandemic. Community FIs are critical to maintaining competition and equity in the U.S.

Community Bank 103

Community Bank Community Trends Industry 103

Banking Exchange

AUGUST 23, 2021

Recent data shows a dramatic increase in commercial real estate loans in the first half of 2021 Mortgage Credit Consumer Credit The Economy Community Banking Mortgage/CRE Mortgage Feature3 Feature.

Community Bank 78

Community Bank Community Data 78

Gonzobanker

FEBRUARY 8, 2023

billion in Q4 2022, down 79% from Q4 2021. The total number of deals funded dropped from 423 in Q4 2021 to 342 in Q4 2022, representing a 73% decline in the average funding amount per raise from $43 million down to $11.4 Community Banks as Venture Capitalists In fact, not all providers of venture capital are venture capitalists.

Community Bank 99

Community Bank Community Fintech Leadership 99

Independent Banker

FEBRUARY 28, 2023

Derek Williams, president and CEO of Century Bank & Trust in Milledgeville, Ga., wanted to be a financier before finding his way to community banking. I went to work for a community bank, kind of by accident, and found the job love of my life,” he says. “I That love of community has defined his career.

Community 172

Community Community Bank Georgia San Antonio 172

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? Changing Lending Environment.

Lending 195

Lending Community Marketing Community Bank 195

Independent Banker

DECEMBER 1, 2020

“After a very challenging 2020, I encourage you and your loved ones to end the year strong and fill up with hope for what 2021 may bring.” ” As the song says, “It’s the most wonderful time of the year,” and this year, our communities, customers and employees are likely looking forward to the holiday season more than ever.

Community Bank 138

Community Bank Community New Mexico Training 138

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. in Augusta, Ga.

Community Bank 134

Community Bank Community Innovation Video 134

South State Correspondent

SEPTEMBER 18, 2023

The banking industry’s average efficiency ratio worsened for the first time since 2021. This development is very important to community banks, as their efficiency ratio also increased, but to 61.63%. The graph below shows the efficiency ratio for community and non-community banks (over $10B in assets).

Management 195

Management How To Community Bank Community 195

CFPB Monitor

AUGUST 31, 2021

The OCC, FDIC, and Federal Reserve Board have issued a guide that is intended to assist community banks in conducting due diligence when considering relationships with financial technology (fintech) companies (Guide). Banks are instructed to reference relevant guidance from the agencies that is listed in a footnote.

Community Bank 78

Community Bank Community Fintech Company 78

Independent Banker

NOVEMBER 30, 2021

Here’s another conversation with our consummate community banker. Hi Jim, this is Charlie Brown with Community Trust Bank. How are things at the community bank?”. “I Most community bankers I know don’t like to admit defeat. I don’t see how we’re going to do better next year than we’ve done in 2021.”.

Community 126

Community Community Bank Taxes Security 126

South State Correspondent

JANUARY 16, 2024

Some bankers will soon hear about another example of banks using derivatives that, unfortunately, will lead to losses. introduced a LIBOR alternative in March of 2021 (called BSBY). We published various articles comparing community bank alternatives to LIBOR (such as SOFR, Ameribor, Fed Funds, and Prime).

Community Bank 195

Community Bank Community Compliance CA 195

Independent Banker

DECEMBER 31, 2020

“After a very challenging 2020, I encourage you and your loved ones to end the year strong and fill up with hope for what 2021 may bring.” ” As the song says, “It’s the most wonderful time of the year,” and this year, our communities, customers and employees are likely looking forward to the holiday season more than ever.

Community Bank 91

Community Bank Community New Mexico Training 91

Abrigo

JULY 16, 2021

FinCEN Releases 8 AML/CFT Priorities These priorities were published June 30, 2021, highlighting several areas of heightened risk for the U.S. Takeaway 2 Regulations haven't been written, but there are steps community financial institutions can take now to prepare. financial system. financial system. financial system.

Community 195

Community Regulation Training Policies 195

South State Correspondent

FEBRUARY 17, 2021

January is typically a slow month for loan production at community banks, and the pandemic-hampered economy made the month even more challenging for many banks. 8 report showed that all loans were essentially flat in January for banks. The data from the Federal Reserve’s H.8

Community Bank 150

Community Bank Community Data Report 150

Independent Banker

APRIL 1, 2021

Unlike our credit union counterparts, we pay taxes, and those tax dollars are spent at home to ensure our communities grow. As we kick off Community Banking Month, I can’t help but reflect on that statement and the changes of this past year. The 2021 ICBA Capital Summit is going virtual at the end of the month.

Community 103

Community Community Bank Taxes Capital 103

Independent Banker

AUGUST 31, 2020

“As the cornerstones of the community, community bankers offer a light in the darkness of hard times.”. Bolstered by the unfailing dedication of community banks, our communities will continue to weather the storm. Working together, hand in hand with our communities, community bankers make a difference.

Community 119

Community Community Bank Leadership Conference 119

South State Correspondent

APRIL 18, 2022

Historically, community banks have relied on net interest margin (NIM) instead of fee income to drive return on equity (ROE). In contrast, larger banks have emphasized non-interest income rather than NIM to boost ROE and revenue. Larger banks have historically operated on thinner NIM but higher fee income. Conclusion.

Lending 195

Lending Community Bank Community Comparison 195

Jeff For Banks

AUGUST 2, 2021

4/ @Schornack In June 2013, Flagship Bank Minnesota had $94 million in assets and $62.8 In June 2021, we were up to six locations, $327.6 7/ @Schornack In our bank, one of these client bases was 1-4 family rental properties. In 2021, we are up to over $70 million, mostly investment properties. million in assets and $233.7

Community Bank 78

Community Bank Community Minnesota Metro 78

South State Correspondent

JULY 10, 2023

One possible solution to this dichotomy is for banks to offer interest rate swaps to hedge individual loans. This article will review domestic banks’ adoption of interest rate swaps. Next week’s article will consider the challenges and possible solutions for community banks to adopt loan hedging programs.

Community Bank 195

Community Bank Community Tools Management 195

Gonzobanker

DECEMBER 17, 2021

Gonzo readers, 2021 was just plain schizophrenic. 2021 fintech investments, merger activities, and overall focus were off the charts. Two, read and enjoy the 2021 GonzoBanker awards, our annual take on the best things we saw during the year. Bank Deal of the Year. Bank Merger of the Year. Doug Larson. You tell us.

Fintech 147

Fintech Strategy Leadership Lending 147

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

PYMNTS

DECEMBER 8, 2020

In today’s top news, economists expect the economy to recover back to pre-pandemic levels by the end of 2021, and China’s banking watchdog warns of further Big Tech regulations. Economists: Stimulus, Vaccine Key To Full Recovery By Year-End 2021. Synctera Brings 'FinTech As A Service' To Community Banks.

San Francisco 130

San Francisco Community Bank Video Capital 130

South State Correspondent

NOVEMBER 16, 2020

Between low-interest rates, the concerning rise in COVID-19 cases, and tough competition for quality commercial loans, community banking is a tough business. Net interest margins at community banks are declining, and the trend is likely to continue through 2021.

Community Bank 195

Community Bank Community Trends 195

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

Jack Henry

DECEMBER 9, 2021

Investments in financial technology have been increasing for years, but the events of the last 18 months have created a new sense of urgency for community banks and credit unions to fine-tune their digital strategies across the spectrum of various fintech investments.

Strategy 148

Strategy Digital Strategies FDIC Community Bank 148

South State Correspondent

APRIL 12, 2022

We feel that as community bankers, we can learn much from Jamie Dimon (Chairman and CEO of JPM) and from Warren Buffet. Recently, JP Morgan Chase released its 64-page 2021 shareholder letter and 340-page annual report. As usual, it was full of insight that every community banker should consider. 3) Community Focused.

Community 195

Community Community Bank Leadership Lending 195

Jeff For Banks

JANUARY 7, 2022

Here are the top five most-read posts of 2021. The Death of the Community Bank Pundits make predictions. Memorial Day: Remember Maurice "Maury" Hukill One thing I have learned about community bankers is they truly appreciate the sacrifices others made that allowed them to pursue a career in community banking.

Community Bank 78

Community Bank Community Strategy Marketing 78

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. Josh Prejean, Bank of Zachary.

Community Bank 185

Community Bank Community Lending Marketing 185

South State Correspondent

JUNE 30, 2023

Many banks pride themselves on superior customer service, and approximately 90% of all community banks believe that they provide an above-average level of customer service (the math cannot work that way). The graph below shows the industry ROE and ROA from 1984 to 2021.

Resources 195

Resources Community Bank Capital Community 195

Independent Banker

APRIL 30, 2021

Consumers are demanding it from the companies with which they do business—so much so that in its Retail Trends 2021 list, Deloitte said it expects purpose to be as disruptive in the next 10 years as digital has been in the past 10. We are here to serve our communities. What you need to know. icba.org/connect.

Community Bank 170

Community Bank Community Trends Industry 170

Independent Banker

JANUARY 31, 2022

Southern Bancorp partners with other community banks to increase loan accessibility and financial literacy to low-income customers. As CEO of Southern Bancorp, Darrin Williams wants to promote relationships between community banks and CDFIs to create more prosperous communities. Better serving its communities.

Community Bank 172

Community Bank Community Leadership Arkansas 172

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. As such, like PPP, this would be a limited product for any bank. This improves the credit position of the small business customer, thereby reducing risk for the bank.

Taxes 195

Taxes Community Bank Community Operations 195

Independent Banker

OCTOBER 1, 2022

Community banks are at a critical juncture when it comes to cybersecurity. With cybercrime becoming increasingly complex and sophisticated, community banks must remain vigilant and monitor and manage their critical infrastructure. Community banks are at a critical juncture when it comes to cybersecurity.

Innovation 139

Innovation Community Bank Training Community 139

Banking Exchange

JANUARY 26, 2022

2,927 bank branches closed last year, as bank customers opted for mobile and digital offerings Community Banking Branch Technology/ATMs Customers Performance Core Systems Mobile Online Feature3 Feature Management Financial Trends Lines of Business Fintech.

US 78

US ATM Community Bank Community 78

ABA Community Banking

SEPTEMBER 23, 2021

The American Bankers Association’s nominating committee—chaired by Laurie Stewart, president and CEO of Sound Community Bank, Seattle—has selected a slate of candidates for association officer positions and candidates for the association’s board of directors.

Seattle 52

Seattle Community Bank Community Leadership 52

William Mills

MAY 30, 2023

BankTech Ventures is the first venture fund created specifically by and for key leaders in the community banking landscape. Launched in 2021, over 100 banks are now part of the fund, with 11 investments already made and over 100 companies in its current pipeline ready to continue fueling the innovation ecosystem for community banks.

Community Bank 66

Community Bank Community Innovation Company 66