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The Recency Trap and Building Deposit Balances

South State Correspondent

One of the lessons that was driven home at the recent American Banker Small Business Banking Conference in Nashville was the difference in marketing between large national banks and community banks, particularly deposit marketing. ” This article explores the recency trap and discusses how to prevent it.

Marketing 195
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Time Tried, Panic Tested. The Forgotten Story of the First National Bank of Keystone

Jeff For Banks

The bank, First National Bank of Keystone, was $1.1 billion in assets, had 87 full-time equivalent employees, and accounted for two-thirds of the town's tax revenue. Another depressed town due to the general economic malaise that bedraggled the region when the steelmaking industry moved elsewhere. I'm not making this up.

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How To Sell Prepayment Provisions In Commercial Loans

South State Correspondent

In this article, we focus on prepayment provisions and look at how a past gold medal winner does it. To better learn how to position against it, we asked one of the top-performing lenders from a national bank how they sell against the declining balance prepayment provision. Prepayment Provisions Not Penalties.

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10 Twitter accounts every accountant should follow

Abrigo

8) @nysscpa – New York is the financial hub of the country, so it’s no surprise that the New York State Society of CPAs is one of the largest and most influential state accounting associations in the nation. Follow Kelly for all things tax-related. -with his Twitter followers (a number that now exceeds 11 thousand).

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Remembering 9/11 – A Pivotal Day for BSA/AML Professionals

Abrigo

Would you like other articles like this in your inbox? BSA was intended to detect illicit activity through cash and monetary instruments to catch tax evaders using secret foreign bank accounts. October 26 is now nationally recognized as BSA/AML Day.) September 11, 2001 will stay with Americans forever.

Training 195
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The Current Banking Crisis – 10 Not So Apparent Lessons

South State Correspondent

This article highlights ten not-so-evident lessons of the banking crisis that every banker must consider going forward. Some form of this ratio will likely be applied to the national and regional banks, which means larger community banks will also be judged by this ratio.

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10 Data-Driven Ideas To Increase Branch Engagement

South State Correspondent

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 average community bank may have 30% to 50% on mobile, while the national banks are closer to 80%.

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