Independent Banker

MAY 31, 2022

Josh Prejean (right) of Bank of Zachary, here with mortgage client David Rozas, says community banks must compete through customer service. Nonbank institutions continue to be serious contenders in the home lending space. Josh Prejean, Bank of Zachary. Source: Fannie Mae. trillion this year and $2.72

Community Bank 185

Community Bank Community Lending Marketing 185

South State Correspondent

FEBRUARY 22, 2024

Banks consistently produce under their cost of capital. For example, at present, return on equity performance is about 12% for the average community bank. However, for the average bank, their cost of capital is between 9% and 14% depending on the bank’s equity liquidity with an average of 12.5%. Why is that?

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How To Strategy Capital Lending 195

PYMNTS

MARCH 15, 2019

Community bank Patriot National has hit a regulatory roadblock in its plans to launch a Small Business Administrative platform, but reports in American Banker on Thursday (March 13) said the financial institution remains undeterred by the challenge. Hana is one of the largest SBA lenders, facilitating $96.6

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National Community Bank Metro Lending 139

The Financial Brand

AUGUST 18, 2020

Even before COVID socked the economy community banks and credit unions saw local loan demand falling. The post Can Nontraditional Credit Analysis Be Community Banks’ Path to Profit? appeared first on The Financial Brand. Adapting a fintech technique may help.

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Community Bank Analysis Community Branding 43

The Financial Brand

APRIL 21, 2021

With a niche focus, the bank concentrates on a few things it’s really good at that big banks can't touch and fintechs haven't pounced on. The post How One Community Bank Built its Strategy from an ROA/ROE Analysis appeared first on The Financial Brand.

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Community Bank Analysis Community Strategy 37

South State Correspondent

AUGUST 15, 2022

At SouthState, our commercial lending teams use an online proposal generator, and we make that same app available to any community bank. An online loan proposal generator is one of the least costly tools your bank can offer lenders. Sometimes just a graphics tool can help a banker win more loan business.

Tools 195

Tools Lending Online Training 195

South State Correspondent

AUGUST 15, 2022

At SouthState, our commercial lending teams use an online proposal generator, and we make that same app available to any community bank. An online loan proposal generator is one of the least costly tools your bank can offer lenders. Sometimes just a graphics tool can help a banker win more loan business.

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Tools Lending Online Training 195

The Financial Brand

DECEMBER 15, 2021

The trend isn't the end of relationship banking, but partnering and a niche market focus will be essential, especially as CRE lending slows. The post The Convergence of Fintech & Banking Is Transforming Business Lending appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

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Lending Fintech Banking Trends Analysis 42

Abrigo

MARCH 6, 2017

Sageworks (which is also on Twitter at @Sageworks ) has identified 15 must-follow Twitter accounts for banking professionals. 1) @davidpoconnell – David O'Connell is a former commercial lender and a senior analyst at Aite Group, where he covers commercial banks and their use of analytics. Learn more here.

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social media Lending Community Community Bank 150

Independent Banker

JUNE 30, 2022

Academy Bank COO Tom Kientz notes that the community bank was eager to expand its deposit and loan services. Looking for an avenue to increase its deposit base, Academy Bank tapped into a market it hadn’t explored before: homeowners associations. What does the future hold for Academy Bank as it relates to serving HOAs? “I

Kansas City 91

Kansas City Kansas FDIC Community Bank 91

The Financial Brand

DECEMBER 8, 2022

This article How Banks Can Help Customers Tame Credit Card Debt appeared first on The Financial Brand. Community banks and credit unions can unlock lending opportunities by helping customers get a grip on credit card debt.

Cards 39

Cards Community Bank Branding Lending 39

The Financial Brand

APRIL 18, 2023

This article Earnings Watch: Uninsured Deposits & Commercial Real Estate Loans Should Be Prime Focuses appeared first on The Financial Brand. The impact of rising interest rates on commercial real estate lending will be a key issue among regionals and community banks.

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Community Bank Regional Lending Branding 32

PYMNTS

AUGUST 31, 2020

Advanced Banking Tech for Small Operators. Two-thirds of CU executives saying that microbusiness lending is a next-frontier digital innovation, making it possible for tiny businesses to process transactions like the pros. percent of these credit unions are eyeing mobile banking capabilities, while 61.1

Community 152

Community Lending Community Bank Innovation 152

Abrigo

OCTOBER 20, 2020

Community banking is here to stay, but in a way where it’s evolving and becoming more modern, and we need to attract the right talent pool to ensure we’re bridging those gaps.”. All of that keeps encouraging us about the brand.” . CRE Lending. Lending & Credit Risk. Lending & Credit Risk.

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Management Lending Community Strategy 195

Social Assurance

SEPTEMBER 3, 2021

Community bankers play a critical role in creating and strengthening these bonds. Community banks offer more than just banking services. They offer a relationship that can benefit communities in a variety of ways. Here are four ways community banks can connect with their local neighborhood.

Community Bank 15

Community Bank Community Branding US 15

Jeff For Banks

APRIL 17, 2010

This reminds me when my daughter performed a soda taste test at the local swimming pool, pitting Coke, Pepsi, RC, and a generic brand against each other. The winner: generic brand. Without the labels, top-selling brands are difficult to pick out. So why can’t we achieve premium pricing in community banking?

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Branding Management Community Bank Community 60

Gonzobanker

FEBRUARY 23, 2022

Early adopters are earning prestige while investors and a hoard of community banks explore the opportunity to tap into this new source of revenue. While customer relationships are being redefined by fintechs, there will always be a place for community banking. Early leaders like Coastal Community Bank in Everett, Wash.,

Community Bank 118

Community Bank Strategy Risk Management Fintech 118

Independent Banker

FEBRUARY 24, 2016

Georgia bank propels major growth through niche SBA lending. When Richard Bradshaw became president of specialized lending three years ago at United Community Bank in Blairsville, Ga., the bank’s three-person Small Business Administration department was lending about $10 million a year.

Community Bank 70

Community Bank Lending Community Georgia 70

Independent Banker

OCTOBER 28, 2014

In a world where information can be the most valuable currency, community banks are gathering more of their internal data. a bank software provider in Cedar Park, Texas, most community banks gather data well for reporting purposes. Lending, transaction data. By Karen Epper Hoffman. They have lots of options.

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Data social media Community Bank Community 88

South State Correspondent

SEPTEMBER 20, 2022

Most banks will target around 6% of revenues next year for their marketing budget, and banks with strong brands and marketing programs target above 7%. All involved in any marketing effort should understand if it is about branding, sales funnel acquisition, funnel movement, conversion, or retention.

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Conference Marketing social media Data 195

The Financial Brand

OCTOBER 9, 2018

Here's how community banks and credit unions can generate more home equity lending, along with a gallery of marketing examples. The post Tips to Help Financial Marketers Grab More Home Equity Lending Business appeared first on The Financial Brand.

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Lending Marketing Community Bank Community 23

South State Correspondent

OCTOBER 28, 2022

Almost every bank and brand we spoke with will increase their investment in these two areas for 2023. This was followed by a focus on banking-as-a-service, embedded finance, open banking, Web 3.0, For banks, this means creating products that accomplish a task and then integrating banking in the background.

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Conference Technology Las Vegas Trends 195

Digital Growth Institute

JULY 24, 2023

While the world of SMB banking may seem like a minefield of loans, deposits, and confusing terminologies, there are profound opportunities for community financial brands willing to prioritize SMB owners and entrepreneurs. Leaders should shift their perspective, thinking, and feeling about serving their communities and SMBs.

Community 15

Community Community Bank Branding Lending 15

PYMNTS

DECEMBER 11, 2020

Synctera Brings 'FinTech As A Service' To Community Banks. FinTechs want to offer compliant banking services, while community banks want new ways to grow deposits. Online lending startup Social Finance (SoFi) is in talks to go public through a sale to blank-check acquisition company.

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Trends Fraud Millennials Community Bank 175

Independent Banker

NOVEMBER 13, 2014

In a world where information can be the most valuable currency, community banks are gathering more of their internal data. a bank software provider in Cedar Park, Texas, most community banks gather data well for reporting purposes. Lending, transaction data. By Karen Epper Hoffman. They have lots of options.

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Data social media Community Bank Community 70

Independent Banker

DECEMBER 31, 2022

We recently spoke with community bank CEOs from across the country to gain insights on how they’re proactively positioning to manage risks and take advantage of growth opportunities in the coming year. Following some respite in 2022, community bankers are bracing for a tougher economic landscape ahead in 2023. Corey Neil.

Community Bank 91

Community Bank Community Tampa North Carolina 91

Gonzobanker

DECEMBER 19, 2022

SoFI gets a commercial bank that brings deposits, compliance, AND business lending. Seacoast Bank is at it again… and this time it is blowing past $10B in a big way. In just five months, Seacoast announced three bank acquisitions ( Drummond, Apollo , and Professional ) totaling a little over $4.7B

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Community Fintech Industry Innovation 216

Independent Banker

SEPTEMBER 26, 2014

Resurging real-estate markets around the country are prompting more community banks to re-emphasize home lending. Recently, ICBA Mortgage expanded its product menu to help community banks meet more of their customers’ needs—including often their most profitable ones. ICBA Mortgage—Your Mortgage Center.

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Community Bank Community Denver Compliance 70

The Financial Brand

JULY 15, 2019

A fast-growing community bank specializing in high-touch banking, embraces the digital future by buying an online lending marketplace. The post Are Fintechs Key to Survival of Banks and Credit Unions? appeared first on The Financial Brand.

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Fintech Community Bank Lending Community 33

Gonzobanker

MAY 4, 2020

As Cornerstone Managing Director Brad Smith put it, this deal might not get the coverage of Visa/Plaid, but it should, because Galileo is like a mashup of Plaid and Q2’s CorePro if CorePro was extended to payments, lending and investments. million fundraise including community bank participants Bank of St.

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Fintech FDIC Capital Community Bank 109

PYMNTS

SEPTEMBER 23, 2016

The first is the obvious issue: They lack the massive scale and deep IT pockets of the large banks. Most regional and community banks aren’t in the position to develop cutting-edge mobile banking products in-house. Community banks just aren’t offering that, according to Fossella.

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Mobile Community Bank Tools Community 100

Gonzobanker

DECEMBER 14, 2023

Not the financial industry’s “Troublemakers ” – those regional and community banks, credit unions and supporting fintech entrepreneurs who continue to engage customers and communities and find niches that keep the grassroots of our country’s financial system alive and kicking. Sounds like a cool strategy to build a smarter bank.

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Fintech Community Regional Technology 194

PYMNTS

AUGUST 24, 2018

A lack of access to funding may have opened the doors for alternative finance, but AltFin’s ability to quickly innovate and provide digital services — often faster than traditional banks could — means that online lending platforms have been able to compete and gain traction. This creates huge brand loyalty and trust.”

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Lending Industry Capital US 100

Celent Banking

MARCH 16, 2015

With interest rates low and new regulations following the financial crisis, banks are running incredibly thin margins, and traditional revenue sources are no longer viable. P2P lending), and new payment schemes. Community banks differentiating from large institutions : This was a common thread running throughout the presentations.

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Conference Retail Community Community Bank 100

Gonzobanker

FEBRUARY 20, 2021

Additionally, the platform can be extended to include point of sale (POS) modules for consumer lending (credit card, loans and mortgages) and small business/commercial lending offerings. The account origination and lending POS solutions are made available through the digital, branch and contact center channels.

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Digital Banking Lending ATM Atlanta 97

Abrigo

APRIL 28, 2016

Capital: SBA fills gaps in the commercial lending marketplace so success in the small business sector is based on merit, not family wealth. Many of today’s most recognized brands were once small businesses until they found an SBA counselor, lender or investor. To inquire about a small business loan, click here.

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National San Jose Los Angeles United States 150

Independent Banker

MAY 26, 2016

To compete in this dynamic, evolving environment, community banks should convert what they have traditionally done well, offering personalized service, and take a close look at their digital payment experience from the customer’s point of view. Each channel should have a similar look and feel with clean, consistent branding.

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Community Bank Community Innovation System 70