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Growing a new branch

Independent Banker

In the first round of PPP lending, it granted 220 loans totaling $17 million, and in the second round, 170 loans totaling nearly $13 million. “As As we got through those early months and the first round of PPP lending, we felt like we were getting our hands around all that. Back to branch strategy.

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Branch Transformation: Data Driven Decisions

NCR

Likewise, if a bank has a focus on small business lending, does it have branches in proximity to those businesses? Looking at the environment that surrounds successful – and not so successful – branches can provide insight into what kind of environment works best for a particular bank.

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Efficiency now: 8 smart strategy tips

Independent Banker

Before 2022, says Thomas Grottke, managing director at Crowe LLP, “a lot of factors were going right. I counsel my community banks to be careful about extreme growth in rising rate environments,” says Jim Adkins, managing partner at Artisan Advisors in Barrington, Ill. Consider your branch strategy. Connors, Jr.,

Strategy 135
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Steal This 5-Step Banking Innovation Playbook from Gentle Monster

South State Correspondent

One of the best tips we ever received was to target retiring executive managers from companies and trade organizations and offer them part-time work to advise and introduce the bank to their network. Pair the newly hired COI with an organized banker and the new accounts will follow.