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Growing a new branch

Independent Banker

Providence Bank chose to open a new brick-and-mortar site during the pandemic, when many other businesses were ceasing operations or shutting down altogether. Back to branch strategy. Fortunately, one vital employee, Jeff Tobias, commercial banking manager, was already in place. community bank during the pandemic.

Raleigh 91
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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. Strengthen controls.

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. months, including an annual operating cost. Pair the newly hired COI with an organized banker and the new accounts will follow.

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Breaking Branch Mediocrity

Jeff For Banks

Another day, another convoluted organizational structure that includes “small business bankers” that are dispersed into the branch network to shore up branch capabilities. If not small business bankers, it’s “cash management officers”, or “business development officers”. I rarely see a “busy” branch. Don’t case the joint.