Abrigo

DECEMBER 22, 2023

download NOW Takeaway 1 The most popular blog posts on the Abrigo site reflect many of the priorities community banks and credit unions had in 2023. Takeaway 3 Articles specific to small community banks were among the most-read blogs, with best practices for construction lending at the top of the list.

Lending 221

Lending Risk Management Community Management 221

Independent Banker

JULY 31, 2022

The Social Bankers, a collective of community bank marketers, offers inspiration, information and professional development advice to community bankers focused on marketing and social media. And that means it can be a challenge to keep up with the latest trends in social media marketing. By Julie Kendrick.

social media 224

social media Trends Community Groups 224

South State Correspondent

FEBRUARY 20, 2023

Community bankers need to understand their competitive landscape. Who the competition is, what the lending competition is offering, their delivery channels, and service levels can help community banks differentiate their services and enhance their competitive advantage.

National 195

National Lending How To Community Bank 195

TheGuardian

DECEMBER 12, 2023

Leaders from the voluntary sector on the challenges that small organisations are increasingly facing with banking services Your recent article on the problems that charities experience with banking is timely ( Charities and churches left in financial disarray after Barclays shuts accounts, 4 December ).

Maine 86

Maine Community Operations Online 86

South State Correspondent

MARCH 19, 2023

While every bank will take some level of credit, interest rate, liquidity, and operational risk, the question is this: Are banks in the business of taking risk to earn higher revenue, or are banks managing relationships and should avoid risk (and the higher return) when possible? Each loan would earn the bank the market clearing ROA.

Analysis 195

Analysis Community Bank Operations Community 195

South State Correspondent

JANUARY 11, 2023

In a previous article ( HERE ), we analyzed industry performance and demonstrated that the average five-year net interest margin (NIM) and return on assets (ROA) are unrelated. We looked at 12 other variables for community banks (asset size $100mm to $10Bn) and measured the correlation between those variables and ROA over the past five years.

Community Bank 195

Community Bank Community Analysis Industry 195

South State Correspondent

JULY 26, 2023

The bigger risk to community banks’ business model is not a moderate recession induced by aggressive interest rate increases by the Federal Reserve. The Atlanta Fed GDPNow forecast is for Q2 GDP to be just under 2.50%, and the Fed Funds futures market continues to push out the start of the interest rate cuts. Yield pickup.

Community Bank 195

Community Bank Community Strategy Atlanta 195

South State Correspondent

MAY 1, 2024

With financial hardship, competition from dominant players, and a startup budget, Gentle Monster faced many of the same challenges as a community bank. This article highlights Gentle Monster’s five-step process that might change how you look at the future. COI marketing for banks should always be a top priority.

Innovation 195

Innovation social media Branding Marketing 195

South State Correspondent

MARCH 28, 2024

In this article, we breakdown the details and discuss seven strategies and seven tactics banks use to set themselves apart. By taking a leadership role, banks can assist customers and their communities and generate loans, deposits, and fees in the process. There are lots of details and breadth in these programs.

America 195

America Strategy Taxes Community 195

South State Correspondent

MARCH 30, 2023

While desiring to bank everyone in your community is noble, it can be a poor use of resources. Not to say you want to ignore parts of your community, but why not focus more of your resources on those industries that will make your bank more profitable?

Industry 195

Industry Resources Community Case Study 195

South State Correspondent

APRIL 19, 2023

In this article, we will look at deposit performance data related to high balances and show how banks can dramatically increase value by restructuring relationship-based products and better-allocating marketing/sales dollars more efficiently. This is over three times the life of a money market account that is over $1mm in balances.

How To 195

How To Examples Resources Community Bank 195

South State Correspondent

OCTOBER 18, 2023

Community banks can maximize profit and increase loan balances using innovative grid-based pricing for their commercial clients. Therefore, attracting long-term, stable, and lower COF deposits is paramount for community banks. The annual value of the total relationship is shown in the bottom box.

Community Bank 195

Community Bank Community Industry Operations 195

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. This article breaks down how you can use the ERC Assist product to generate deposits in an innovative way. The Opportunity The opportunity for growing deposits is substantial.

Taxes 195

Taxes Community Bank Community Operations 195

South State Correspondent

AUGUST 22, 2023

In this article, we detail the five steps to building a treasury management strategy, provide some tools to execute those steps, and then provide a complimentary survey to assess your strengths and weaknesses. If they do market, it is to every commercial customer in the footprint, which often results in suboptimal marketing results.

Management 195

Management Community Bank Survey Community 195

South State Correspondent

AUGUST 21, 2022

Last week we wrote about loan-level vs. balance sheet hedging for community banks and provided our loan proposal generator ( HERE ). We compared and contrasted the two strategies and sized the market for community banks. A community bank may transact one or only a few balance sheet hedges over many years.

How To 195

How To Community Bank Community FDIC 195

South State Correspondent

MAY 9, 2022

In our previous article ( HERE ), we reviewed the banking industry’s cost of funding earning assets (COF), and we compared how community banks’ COF behaves relative to national banks in a rising interest rate cycle. Second, the market has priced in interest rate risk, but it has not priced liquidity risk.

Community Bank 195

Community Bank Community Industry Online 195

Abrigo

SEPTEMBER 1, 2021

Drug Trafficking Organizations (DTOs) are a key concern From drug cartels to street gangs, the illegal drug market has been a constant money-maker for DTOs. . Would you like others articles like this in your inbox? Start with Part 1: Implications for Community Financial Institutions. What can community financial institutions do?

Training 195

Training Regulation Community Austin 195

South State Correspondent

MARCH 6, 2023

In an article last week ( HERE ), we discussed why real estate loans underwritten at common debt service coverage ratio (DSCR) and loan-to-value (LTV) levels may quickly become substandard credits if capitalization (cap) rates normalize, as expected because interest rates are rising. debt yield ratio ($135k divided by $1.5mm).

Community Bank 195

Community Bank Community Lending Regional 195

South State Correspondent

JULY 12, 2023

Banks are about to win back payment flow from non-banks, and in this article, we break down how this will happen and what it means for your bank. To get our nomenclature correct, for the sake of this article, we will collectively call RTP and FedNow’s Instant Payments “Faster Payments.” In the U.S.,

Payments 370

Payments Management Fraud Data 370

South State Correspondent

SEPTEMBER 20, 2023

In this article, we discuss cash management profitability and rank the most profitable industries for banks to go after. For starters, a customer may carry large balances but not generate franchise value if those balances are all in high-paying money market accounts or are highly volatile.

Management 195

Management Survey Industry Community Bank 195

PYMNTS

MARCH 27, 2020

Caviar, the DoorDash division that had been ramping up its business as a high-end restaurant delivery service, was featured in a New York Times article last week that exposed many less well-heeled consumers to the concept of $70 veal parmesan.

Marketing 141

Marketing New York City New York Retail 141

South State Correspondent

JANUARY 30, 2024

Marketing and technology (IT) are two budgets that have taken the most significant hit. In this article, we partner with Gartner to look at 2024 key IT metrics and provide strategic insight into how much your bank should be spending on IT. As such, bank budgets have come under scrutiny. Technology-forward banks spend as much as 16.4%

Capital 195

Capital Operations Customer Experience Comparison 195

South State Correspondent

FEBRUARY 12, 2023

In a previous article , we discussed the three generic shapes of the yield curve: normal, inverted, and flat. The average community bank’s cost of funding is highly correlated to Fed Funds and SOFR (for the industry, the correlation has been 94% with a six-month lag over the last 20 years).

Community Bank 195

Community Bank Community Case Study Strategy 195

South State Correspondent

APRIL 23, 2023

However, the market loss of this HTM portfolio was over $15B (disclosed in footnotes), almost equal to the bank’s equity base, making the bank economically insolvent. The economic world operates in fair value measurements, and fair value measure allows managers to make more informed decisions.

Management 195

Management Security Risk Management social media 195

South State Correspondent

OCTOBER 4, 2022

The Federal Reserve Open Market Committee (FOMC) has raised short-term interest rates by 3.00% in the six months between March and September. The market is now forecasting an additional 1.25% in hikes by year’s end, with the next move coming on November 3rd. Bankers As Trusted Professionals.

How To 195

How To Marketing Examples Community 195

South State Correspondent

AUGUST 8, 2022

With 100+ public banks reporting, we have more than a representative sample to see 2Q 2022 bank earnings trends and derive some operational insights on bank performance. In this article, we put some data behind the trends and provide optimal targets to help you run your bank more successfully.

Trends 195

Trends Community Bank Community Retail 195

South State Correspondent

DECEMBER 8, 2023

The real reason that this conference makes our favorites list is that this is one of the few conferences where we can learn what the largest and most progressive banks are doing in the market. Many banks were looking to install more automation to lower operating costs. Increasing lifetime value was a common discussion with every bank.

Conference 195

Conference Retail Community Bank Technology 195

Independent Banker

NOVEMBER 13, 2014

Posting a link to a relevant article or blog. Weekly activities include: Writing an article and posting it, or posting an article from your bank. IB: Who should use LinkedIn at your community bank and why? However, marketers have greater rein on LinkedIn. Daily activities include: Liking a post or comment.

Virginia 70

Virginia social media Community Groups 70

South State Correspondent

JUNE 22, 2023

In the last article, we covered the basics of EOS ( HERE ), the Entrepreneurial Operating System, and how some banks use it to improve productivity. EOS comprises a series of tools and concepts that guide leaders in managing and optimizing their operations. The L10 Meeting is a core part of the EOS.

Tools 195

Tools Meeting Leadership Management 195

Abrigo

JULY 27, 2023

Would you like other articles on fraud and AML/CFT compliance in your inbox? Using regtech in banking With new federal regulatory and compliance challenges like the CFPB rule on the horizon, more and more community financial institutions are exploring regtech in banking and finance. What is regtech?

Technology 195

Technology Fraud Compliance Regulation 195

Abrigo

JULY 27, 2023

Would you like other articles on fraud and AML/CFT compliance in your inbox? Using regtech in banking With new federal regulatory and compliance challenges like the CFPB rule on the horizon, more and more community financial institutions are exploring regtech for banks to enhance their processes. What is regtech?

Technology 195

Technology Fraud Compliance Regulation 195

Abrigo

MAY 5, 2022

Would you like other articles like this in your inbox? Other podcasts might be internationally based and of little interest to community financial institutions or credit unions based in the U.S. or largely focused on the domestic banking market. Main Street Banking: A Podcast for Community Bankers 8. Takeaway 2 With 2.8

Community 195

Community Lending Maine Resources 195

The Financial Brand

OCTOBER 4, 2023

This article Flagstar Bank’s New Logo Is Just One Step in ‘Lifestyle Brand’ Makeover appeared first on The Financial Brand. It’s not quite 'Extreme Makeover: Bank Edition,' but Flagstar has big dreams for the rebranding that’ll unite its operations with that of New York Community and Signature.

Branding 35

Branding New York Community Operations 35

South State Correspondent

MAY 31, 2023

In this article, we look at cell phone tracking data for about 1,000 branches across the industry to derive insights to help banks increase branch engagement and boost branch profitability. The operative question is: given online and mobile banking, what is the new role of the branch?

Data 195

Data Branch Strategies Strategy Mobile 195

CFPB Monitor

JANUARY 29, 2020

Recently, Carol Evans and Westra Miller from the Federal Reserve’s Division of Consumer and Community Affairs published an article in the Fed’s Consumer Compliance Outlook addressing this very issue, entitled “ From Catalogs to Clicks: The Fair Lending Implications of Targeted, Internet Marketing.”

Lending 130

Lending social media Compliance Regulation 130

South State Correspondent

JULY 5, 2022

In this article, we analyze why 75% LTV may not protect banks from credit risk on commercial loans and why there is only one source of loan repayment. . Loans below 1.50X starting DSCR cannot withstand the current market expected rise in interest rates if cash flow decreases by just 10%. Background.

Management 195

Management Capital US Community Bank 195

South State Correspondent

FEBRUARY 23, 2022

In this article, we look at the elements of excellent bank product design and provide some hacks on how to improve your current product offerings. The actual product includes the terms, fees, interest rate, operations, and details of how to access the product. Many of these products provide a sense of community (Facebook).

Branding 195

Branding Marketing Apple Google 195