The Financial Brand

MAY 12, 2021

The pandemic's impact has sharply revised the future of community and midsize institutions. The post Outlook 2021: Banking Industry Trends & Challenges appeared first on The Financial Brand. Costs, revenues, distribution are all in flux.

Trends 34

Trends Industry Community Branding 34

NCR

NOVEMBER 22, 2016

The days when community banks and credit unions could stay behind the technology curve and still come out on top are long gone. Community banking has no future if leadership doesn’t wake to the new competitive reality and adapt some of their strategies and long-held biases in order to compete. Kill Your (Branch) Darlings.

Community Bank 40

Community Bank Community Leadership Branch Strategies 40

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. At the time, Luxottica was taking advantage of the small glasses trend, as seen in the picture on the left. Honkook Kim and his Gentle Monster Brand is a perfect example.

Innovation 195

Innovation social media Branding Marketing 195

The Financial Brand

SEPTEMBER 14, 2021

The highly digital yet personal strategy of one community institution points a way forward. appeared first on The Financial Brand - Banking Trends, Analysis & Insights. Fragmented relationships are the new reality. The post The ‘Primary Financial Institution’ Concept Is Dead… Now What?

Banking Trends 42

Banking Trends Analysis Strategy Community 42

Jeff For Banks

DECEMBER 1, 2020

The table is from my firm's profitability peer database, where we measure product profitability for dozens of community financial institutions. What we learned from 2007-08 was to put floors in them, so hopefully the downward trend won't continue. The above are peer averages.

Trends 78

Trends Community Marketing Data 78

Independent Banker

MARCH 15, 2015

Increasingly, more digitally connected consumers are saying yes to that question with their community bank. For many community banks, telephone calls still generate the highest volumes of customer service interactions. Several retail service experts say it will apply to your community bank, if it doesn’t already. 1% Don’t know.

Community Bank 70

Community Bank Community Operations Retail 70

Jeff For Banks

MAY 31, 2017

I think banks are closing branches for one reason: to cut costs and prop up their earnings and boost their stock price." Although the trend is decidedly in that direction. I also believe that branches can be developed as competitive advantages for community financial institutions. I will give the branch doomsayers that.

Branch Strategies 60

Branch Strategies DC Groups Fintech 60