Independent Banker
MAY 31, 2022
community bank during the pandemic. Whitehurst and his colleagues had been considering opening a branch in Raleigh since mid-2019. We have a really strong group of employees that care a lot about our communities and the bank, and they roll up their sleeves and work hard. Back to branch strategy.
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.
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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. How Banks Can Leverage: Niche markets abound in banking, and community banks are in the perfect position to create a following on a national level should they desire.
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. In 2009, being armed with the above product profitability data, plus the profit trends in their branches, the very large financial institutions began closing branches en-masse.
Jeff For Banks
OCTOBER 13, 2011
But the progressive talk about the future of the branch at times lacks common sense, in my opinion. This dates back to an interview I did with American Banker about a community FI that was opening coffee shop branches. As we evolve, I envision the comfort of knowing there is a branch nearby to continue.
Gonzobanker
NOVEMBER 29, 2016
Allow branch staff (who we no longer call tellers) to focus more on providing financial advice, community involvement, and driving brand awareness than on counting and handling cash. A large majority of community and regional FIs differentiate themselves with outstanding personal service. Contact us today to learn more.
Gonzobanker
NOVEMBER 29, 2016
Allow branch staff (who we no longer call tellers) to focus more on providing financial advice, community involvement, and driving brand awareness than on counting and handling cash. A large majority of community and regional FIs differentiate themselves with outstanding personal service. Contact us today to learn more.
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