article thumbnail

Efficiency now: 8 smart strategy tips

Independent Banker

Fallout from recent global events presents an obstacle to generating revenue for community banks. As we enter budgeting season, the answers might be found in a mix of strategies. It’s certainly an interesting time to be a community bank, but there are still plenty of ways to make efficiencies with an eye on profitability. ?

Strategy 135
article thumbnail

Jeff For Banks - Untitled Article

Jeff For Banks

And they didn't anticipate that until 2023. The table is from my firm's profitability peer database, where we measure product profitability for dozens of community financial institutions. So we're in this environment together. Negative rates are not likely. Fed Chairman Powell is against that approach. The change from 2.25%-2.5%

Trends 78