Independent Banker

JULY 31, 2022

In 2022, things changed with whiplash speed, as the Fed hiked interest rates to quell inflation, the mortgage refinance market dried up and the effects of macro changes, from the Russian invasion of Ukraine to a talent shortage, began to be felt keenly. Illustration by Jill DeHaan. By Elizabeth Judd. Quick Stat.

Strategy 135

Strategy Community Bank Louisville Community 135

South State Correspondent

MAY 23, 2023

In 2021, we published articles warning bankers against higher rates (for example, HERE ) and the resulting impact on credit. We have seen the higher rates, and now bankers should brace for a credit shock. The operative question is when commercial PODs will show a spike. Lending is getting riskier.

Trends 195

Trends Minnesota North Dakota Arizona 195

Gonzobanker

DECEMBER 14, 2023

The specifics are unclear, but bankers recognized that this will be an absolute game-changing technology in future years, and delivery will change in ways we can’t even conjure yet. THE BANKER AWARDS The Bank Acquisition of the Year – goes to the unique PacWest and Banc of California deal. Employees are back to work. We are in awe.

Fintech 195

Fintech Community Regional Technology 195

Abrigo

AUGUST 28, 2022

Develop better ag lending workflows before demand picks up. Efficient and profitable ag lending will be critical as ag loan demand and competition pick up. Forty-one percent use a tablet computer like an iPad that has mobile access to the Internet, up from 19% when the question was first asked in 2014. Efficient processes.

Lending 195

Lending Analysis System Data 195

CFPB Monitor

APRIL 15, 2021

And this fact is creating legal and operational challenges for the banking industry. 281) and the Consolidated Appropriations Act of 2021 (Pub. Law 116-260), the federal stimulus payments provided under the American Rescue Plan Act of 2021 (Pub. The American Rescue Plan Act, which was enacted on March 11, 2021, is a massive, $1.9

New Jersey 148

New Jersey Payments New York Massachusetts 148

South State Correspondent

MAY 31, 2023

The concept that we allow the customer to choose how they want to bank often enables the bank to be passive in its position and give up agency. What used to take $160 million in deposits to break even back in early 2021 now takes closer to $40 million. Branching, for example, is too expensive to be all things to all people.

Data 195

Data Branch Strategies Strategy Mobile 195

Gonzobanker

DECEMBER 19, 2022

All of you with your hands up… … uh huh. It would have required a few trips to the local dispensary to dream up what bankers have endured this year. In 2021, there were more than 120 fintech IPOs in the U.S., So relax, put up your feet, indulge with your favorite indulgence, and enjoy our salute to 2022 industry stars.

Community 216

Community Fintech Industry Innovation 216

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. You have a bank that was born out of COVID and could have gone the other direction but ended up thriving.”. Photo by Sammy Tillery. By Tom Groenfeldt. Name: Lexicon Bank.

Las Vegas 129

Las Vegas Community Bank Community Wisconsin 129

Abrigo

JANUARY 31, 2023

Beneficial ownership registry The AMLA was signed into effect in January 2021, paving the way for the first major BSA reform since the PATRIOT Act and encouraging a culture of compliance. billion to fraud in 2021, a 70% increase over the prior year.

Fraud 195

Fraud Training Regulation Trends 195

Gonzobanker

DECEMBER 22, 2020

Bankers started the year with good business plans, strong balance sheets, and optimism. Even George Bailey would have given you the thumbs up. Expect more cost-driven MOEs in 2021! “I learned a long time ago that reality was much weirder than anyone’s imagination.” ” – Hunter Thompson. Everything.

Idaho 181

Idaho Community Industry Strategy 181

Jeff For Banks

AUGUST 2, 2021

In June 2021, we were up to six locations, $327.6 In 2021, we are up to over $70 million, mostly investment properties. This is not a high level of revenues to handle all the expenses involved with operating a troubled banking organization at the time. It was so awesome I asked if I can reprint here.

Community Bank 78

Community Bank Community Minnesota Metro 78

Abrigo

MAY 20, 2022

Fraud impact in 2021. A brigo conducted a 2021 end - of - the - year survey that asked BSA / AML Officers at f inancial institutions for their input on fraud trends. Fraud on Alert for 2022 A review of SAR data , government agenc y releases, a nd fraud findings found these f raud c oncerns and trends to wat ch in 2022.

Trends 195

Trends Fraud Training Survey 195

Jeff For Banks

DECEMBER 16, 2022

I call this "pulling into the pits" in my book: Squared Away-How Can Bankers Succeed as Economic First Responders. Before we begin and for comparison purposes, here are last year's top five , as measured in December 2021: #1. In 2021, the bank expensed over $530 thousand to the ESOP to benefit employees.

Puerto Rico 78

Puerto Rico Virgin Islands Community Community Bank 78

Perficient

MAY 21, 2021

Within Perficient, our culture is known as being “helpful, supportive, and friendly” (Best Places to Work survey, 2021), and these students exhibited the type of encouragement and celebration that motivate and inspire the amazing work we do at Perficient, and, in this case, beyond. . Learn More About Perficient’s Bright Paths. ” . .

Milwaukee 348

Milwaukee Software Course Detroit 348

Independent Banker

DECEMBER 31, 2022

Following some respite in 2022, community bankers are bracing for a tougher economic landscape ahead in 2023. Illustration by Jack Hudson. 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.

Community Bank 91

Community Bank Community Tampa North Carolina 91

Abrigo

JULY 23, 2021

FinCEN released their first ever government wide priorities (“Priorities”) for anti-money laundering and countering terrorist financing on June 30, 2021. Takeaway 2 Nuclear proliferation is a threat across the globe due to proliferators' worldwide procurement methods. Included as a Priority is Proliferation Financing.

National 195

National Training United States Regulation 195

CB Insights

OCTOBER 26, 2020

While the rules against prop trading have more recently been loosened, the restriction has still changed how investment banks operate. Even as the regulation pendulum swings back toward more limited oversight, how investment banks operate is fundamentally changing. As a result, banks are facing dropping IPO profits. Table of contents.

Management 78

Management Capital Company Marketing 78

CB Insights

OCTOBER 31, 2019

Microsoft’s Satya Nadella referred to chat as the “third run-time” — an indispensable piece of operating a platform, second only to the operating system and the web browser. That year, Facebook made the Messenger bot platform the centerpiece of its F8 developer conference. There are many reasons why chat didn’t take off in 2016.

Industry 78

Industry Examples Tools Retail 78