South State Correspondent

JUNE 5, 2023

Community bank cost of funds is jumping up. As shown in the graph below, the net interest margin (NIM) for community banks declined 22bps in Q1’23. The question is – what will happen to community bank’s cost of funds from here?

Community Bank 195

Community Bank Community Industry Strategy 195

Independent Banker

MAY 31, 2022

Community banks have a choice about addressing the problem: Remain vulnerable or be vigilant. Fraud and cybercrimes continue to increase, causing challenges for community banks. But there’s plenty community banks can do to meet this challenge. Focus on vendor management for purchasing hardware and software.

Community Bank 134

Community Bank Community Fraud Texas 134

South State Correspondent

DECEMBER 13, 2023

The graph below shows the Fed’s balance sheet and projections for the middle of 2025. QE is the process of increasing assets and liabilities on the Fed’s balance sheet – the Fed buys securities and creates a liability, and that liability is reserves or cash balances that banks hold at the Fed.

Community Bank 195

Community Bank Community Policies Tools 195

Independent Banker

OCTOBER 31, 2022

ITMs and VTMs are popular retail banking innovations among community banks. What’s on the horizon for retail banking? We spoke with two community banks that have ramped up their services to meet—and exceed—the changing expectations of customers. So how are retail banks meeting this challenge?

Banking Trends 151

Banking Trends Retail Trends Community Bank 151

ForwardBanker

APRIL 12, 2017

By 2025, nearly 20 million students will be enrolled in college and university undergraduate programs, according to the National Center for Education Statistics. The post Do Private Student Loans Hold Opportunity for Community Banks? And virtually all of them will have one thing in common: They’ll.

Community Bank 28

Community Bank Community Study National 28

Abrigo

FEBRUARY 3, 2017

By Eric Baxley, Chief Marketing Officer, Sageworks Since my last post , I’ve continued to meet with our banks and credit union clients across the country, and some common themes surfaced in the conversations. Understand and meet the desires of millennial borrowers, who will constitute 75 percent of the workforce by 2025.

Lending 150

Lending Community Bank Meeting Community 150

PYMNTS

JULY 25, 2017

“These are the people who are already over half the workforce and who are slated to be over three-quarters of the workforce by 2025. LendKey takes the hard parts — demand generation, online credit decisioning, origination and customer service — and manages that, Passione said. There are currently 13,000 community banks in the U.S.,

Lending 100

Lending Community Bank Millennials Community 100