PYMNTS
MAY 16, 2016
200 community banks have cut ties with Lending Club following the sudden departure of the alternative lender’s CEO and the subsequent hit to share prices, which reverberated across other alt-finance players. SMEs want banks to offer bitcoin services , suggesting the cryptocurrency may not be such a failure after all. 65% of U.K.
Banking 2020
NOVEMBER 23, 2015
No matter how big or small your financial institution is, it’s important to connect with members of the local community. We recently spoke to Nicole Cypers, PR and Social Media Manager for America First Credit Union , to discuss how America First does just that and why they think it’s so important to do so.
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Banking 2020
OCTOBER 30, 2014
For our most recent FI Highlight, we spoke with Dianne Larsen, senior vice president, director of marketing, Banner Bank. Dianne shared insight on Banner Bank’s recently redesigned website and new marketing initiatives to further their approach as a “ super community bank.”. Dianne Larsen, Banner Bank.
Banking 2020
FEBRUARY 12, 2015
Fortunately, this is compatible with the general direction banking is taking, that of the branch-as-community-lounge concept. Some larger banks are already taking the initiative to great fanfare, including Umpqua and ING/Tangerine. Community banks are doing the same, with informal furniture, coffee bars and dialog towers.
Banking 2020
MAY 5, 2015
Beyond the Checking Account: What Customers Want From Their Banks. The best add-on services are those that are mutually rewarding to both the customer and the bank. Ideally, they should make it easier for the customer to manage his or her money, while also building loyalty to the bank — and reducing costs or increasing revenue.
Banking 2020
MARCH 10, 2015
Kyle Enger, known for his thought leadership in the world of relationship banking on the West Coast said it best, “Traditional banks have to embrace digital lending in their hometowns to compete.”. Here are a few ways Kyle described how this concept might work: Marketing to the local community and actively becoming a part of it.
Banking 2020
FEBRUARY 1, 2016
Banks must innovate and be nimble to address emerging client needs in the neighborhoods they serve. As community banks, we must recognize and be responsive to what our clients are demanding of us. The perennial challenge in the industry is for banks to find ways to foster deeper and more satisfying relationships with clients.
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