South State Correspondent

SEPTEMBER 4, 2023

We analyzed the loan performance (return on equity, loan yield, fee income, and loan size) of hedged borrowings in a large group of community banks and compared this to the community bank industry averages. The table below shows a summary of our analysis (community banks are defined as banks under $10B in assets).

Analysis 195

Analysis Community Bank Community Training 195

PYMNTS

AUGUST 4, 2017

Are community banks missing the chance to climb aboard the faster payments train? With various banks and FinTechs producing innovative solutions — like mobile banking and P2P tools aimed at improving the speed of payments — the pressure is on for community banks to keep up. faster payments system.

Community Bank 116

Community Bank Community Innovation Millennials 116

South State Correspondent

APRIL 4, 2024

Bankers may not see the impact of the growing federal debt burden on their business model year to year, but over longer periods, these changes are poised to alter the way community banks do business, manage risk, and target clients. The post How Federal Debt May Impact Banking appeared first on SouthState Correspondent Division.

Risk Management 195

Risk Management Community Bank Policies Community 195

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

South State Correspondent

OCTOBER 10, 2022

All domestic systemically important banking organizations and most large regional banks engage in some form of FTP practices and building blocks. However, over the years, there has been considerable debate at community banks on how to implement the principles of FTP to various balance sheet accounts like loans and deposits.

Community Bank 195

Community Bank Community Examples Management 195

Abrigo

FEBRUARY 23, 2023

Meanwhile, leaders at small banks recognize that their institutions play a vital role in helping community businesses and individuals not only weather uncertainty but also thrive. How can community financial institution leaders manage their challenges and seize their opportunities at the same time?

Community Bank 195

Community Bank Kansas City Community Lending 195

South State Correspondent

DECEMBER 9, 2019

For the most part, community banks are fantastic and solving problems and making customers happy. What comes after an apology for a bank is mostly natural. However, given the rise of data analytics, now there is starting to be a science. The customer comes in or calls to complain - Do you apologize?

Data 195

Data Community Bank Analytics Course 195

Independent Banker

JULY 1, 2015

As a successful commercial lending specialist for more than 30 years, Jamey Smith, Houston region CEO of Citizens Bank in Kilgore, Texas, has pursued a strategy of getting an in-depth understanding of potential customers and their businesses. He’s the epitome of a community bank lender.”.

Analytics 70

Analytics Houston Texas Training 70

ABA Community Banking

MAY 26, 2016

Series conclusion: Using advanced data analytics to improve bank performance Technology HowTo Community Banking.

Analytics 40

Analytics Innovation Community Bank Community 40

Independent Banker

OCTOBER 31, 2022

We spoke with industry specialists about the priorities for community banks as they build a digital loan process for small businesses. It’s critical for community banks to have online loan applications, process automation staff skilled in digitization and more. Doing so can help community banks: Optimize the loan cycle.

Lending 91

Lending Community Bank Community Illinois 91

Independent Banker

FEBRUARY 28, 2022

We asked several banking leaders how they’ve employed fintech to ramp up their marketing campaigns, hone their analytic strategies and gain new patrons in the process. The digital world has opened vastly broader avenues for community banks to attract new customers—especially if they partner with fintechs in their endeavors.

Fintech 136

Fintech Marketing Community Bank Community 136

PYMNTS

MARCH 31, 2020

Banks looking to make the most out of these branch visits are increasingly deploying data analytics, which leverage both data provided to them by customers — including transaction histories, personal financial information and more — as well as exter nal data, such as market studies and demographics.

Analytics 174

Analytics Data Security Marketing 174

The Financial Brand

AUGUST 18, 2020

Even before COVID socked the economy community banks and credit unions saw local loan demand falling. The post Can Nontraditional Credit Analysis Be Community Banks’ Path to Profit? Adapting a fintech technique may help. appeared first on The Financial Brand.

Community Bank 43

Community Bank Analysis Community Branding 43

BankInovation

APRIL 5, 2023

Data analytics software platform KlariVis is expanding its national outreach by partnering with professional services firm CliftonLarsonAllen (CLA). CLA will be an exclusive provider of KlariVis moving forward to add to the number of community banks that have access to the KlariVis platform, a release from the companies said.

Data 52

Data Community Bank Software Analytics 52

BankNXT

DECEMBER 8, 2016

John Best talks to Todd Clark, CEO of Co-op Financial Services, about credit unions, technology, analytics and community building. Technology, analytics and community building on BankNXT.

Analytics 40

Analytics Community Technology Community Bank 40

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

DECEMBER 31, 2021

They share tips for how community banks can get started. Social media has made it easier for community banks to nurture connections with prospects, customers and the community. Depending on a community bank’s in-house resources, however, creating a paid social campaign might feel daunting. “A

Marketing Strategies 91

Marketing Strategies Strategy Marketing social media 91

ABA Community Banking

MAY 16, 2016

Part 2 of series: Get to know the lingo of this critical new science Technology HowTo Community Banking Big Data.

Analytics 66

Analytics Big Data Community Bank Community 66

ABA Community Banking

JULY 7, 2016

Orrstown Bank uses data as substitute for knowledge built via branch visits Retail Banking HowTo Customers Community Banking.

Analytics 40

Analytics Community Bank Community Retail 40

South State Correspondent

DECEMBER 8, 2023

The need to reduce cost, the move to instant payments, and the need to deliver more unique products and services are all driving this effort at credit unions, community banks, and mid-sized banks. Helping small businesses with their cash flow is currently the most significant arms race in banking.

Conference 195

Conference Retail Community Bank Technology 195

PYMNTS

APRIL 17, 2020

A digital-first mentality will become critical for FIs, a strategic imperative that offers smaller banks a chance to shine. The credit unions (CUs) and community banks, said Brown, are not just brokers of funds — they are now brokers of critical information. Digital-First. It’s not just about ‘build it, they will come.’

Analytics 285

Analytics Community Bank Analysis Operations 285

Abrigo

JULY 10, 2020

Community banks and credit unions partnered with their communities to help families and businesses through these unprecedented times , causing spikes in consumer fraud that must be faced head on. To zero in on suspicious activity, typologies can be used to more accurately assess behaviors. Learn more.

Fraud 195

Fraud Lending Software Analytics 195

Abrigo

MAY 31, 2017

In a recent article from Credit Union Insights , Frank Koechlein discusses the need for credit unions to grow into their analytical solutions. Why should developing an effective analytics strategy be any different?” Antidotal evidence indicates that only 20% of all credit union analytic solutions are still in place after 5 years.”

Software 150

Software Analytics Training Case Study 150

Abrigo

MARCH 6, 2017

Sageworks (which is also on Twitter at @Sageworks ) has identified 15 must-follow Twitter accounts for banking professionals. 1) @davidpoconnell – David O'Connell is a former commercial lender and a senior analyst at Aite Group, where he covers commercial banks and their use of analytics.

social media 150

social media Lending Community Community Bank 150

The Financial Brand

MARCH 14, 2017

Will everyone be able to harness the power of predictive analytics — including community banks and credit unions — or just the privileged few?

Analytics 24

Analytics Community Bank Community Data 24

PYMNTS

AUGUST 4, 2020

It has also invested in numerous financial services offerings for smaller businesses in fields like payments, for settling funds faster or analytics and insights. Kabbage has invested over $1 billion in technology, allowing it to automate loan applications, according to Barron’s. billion to 270,000 applicants.

Community Bank 162

Community Bank Analytics Community Fintech 162

Independent Banker

OCTOBER 31, 2021

Measuring the success of your community bank’s campaigns can lead to greater ROI, increased conversion rates and a game plan for future initiatives. From mailers and e-newsletters to social media posts and events, there are countless ways to spread the word about your community bank and its offerings. By Taylor Hugo.

Marketing 91

Marketing social media Video Community 91

FICO

APRIL 24, 2020

Last Tuesday, FICO’s Matt Stanley and Tom Dehler presented an overview of best practices for the use of analytics in banking to help organizations respond to the challenge of the Covid-19 crisis. Most would agree that increasing the use of advanced analytics for highly accurate risk decisions makes perfect sense.

Analytics 52

Analytics Customer Experience Community Bank Case Study 52

PYMNTS

AUGUST 22, 2016

19) the addition of new consumer experts from outside the federal government to the Consumer Advisory Board, Community Bank Advisory Council, Credit Union Advisory Council and Academic Research Council — the four bodies that provide advice to CFPB leadership on a range of consumer financial topics and emerging market trends.

Community Bank 100

Community Bank Community Leadership Analytics 100

PYMNTS

DECEMBER 5, 2019

Data aggregation and analytics platform Envestnet | Yodlee announced that it has signed a data sharing agreement with JPMorgan Chase. consumer and community banking business of JPMorgan Chase. JPMorgan Chase signed a similar deal last year with Plaid, a FinTech that connects banks with financial technology applications.

Data 132

Data United States Community Bank Fintech 132

Abrigo

JUNE 5, 2023

Takeaway 2 Reports that assess capital, growth, and liquidity provide banking professionals data to drive decisions. Takeaway 3 Banking intelligence that's purpose-built for banks and credit unions combines analytics and intuititve dashboards.

Report 195

Report Risk Management Capital Data 195

Gonzobanker

JUNE 28, 2023

Deep expertise in sound business lending has value , which showed up in the market both directly helping community banks and through partnerships. So, more likely net new value creation and less likely any kind of rent extraction.

Fintech 148

Fintech Risk Management Lending Software 148

ABA Community Banking

MAY 12, 2016

Part 1 of series: Why smaller banks must get aboard this powerful technology Technology HowTo Community Banking Big Data.

Analytics 40

Analytics Big Data Community Bank Community 40

Abrigo

NOVEMBER 21, 2014

” Sageworks inquired how the new CECL model will impact community banks, and Sprang cites a few examples of challenges the CECL model could cause: • Community banks must be aware of where they are on the economic cycle. How should community banks prepare for the transition?

Community Bank 223

Community Bank Analysis Community Video 223

Independent Banker

OCTOBER 31, 2018

This year, you’ve probably heard me say that ICBA is focused on three pillars: community bank advocacy, education and innovation. As I put on three hats—consumer, community banker, and ICBA president and CEO (in no particular order)—I see three specific opportunities for innovation. Exciting, right?

Fintech 70

Fintech Community Bank Community Nashville 70

South State Correspondent

APRIL 19, 2023

This is one of the great mysteries of community banking. Almost every community bank touts its commitment to the relationship. Still, only some offer products that serve and are priced to build relationship value for the customer and the bank.

How To 195

How To Examples Resources Community Bank 195

Independent Banker

AUGUST 25, 2016

More than ever, community banks are exploring new ideas and unconventional approaches to achieving greater profitability. on profitability in community banking. on profitability in community banking. Missouri Bank sharpens focus on trimming expenses. Nothing can happen without it. Vigilant Eyeshades.

Missouri 70

Missouri Connecticut Minnesota Arizona 70