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Why You Need Bank Product Management

South State Correspondent

A telling sign of product managment maturity at a bank is if each product or product suite has its own profit and loss (P&L) accounting. Understanding and Establishing the Product: Few bankers have taken the time to understand their products. As a result, bank performance suffers. What is Bank Product Management?

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Powering-Up Tools: Your Marketing and Communications Resources

Independent Banker

An interview with Chris Lorence, ICBA’s executive vice president and chief marketing officer. Meet ICBA’s Marketing and Communications Contact. Chris Lorence is responsible for continuously fortifying ICBA’s brand and refining the association’s voice to stay consistently relevant with members and policymakers. Chris Lorence.

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2020 GonzoBanker Awards

Gonzobanker

Bankers started the year with good business plans, strong balance sheets, and optimism. Even George Bailey would have given you the thumbs up. This is a classic bank deal – one acronym buys another at a good price and plans to cut the hell out of cost while adding markets. ” – Hunter Thompson. Everything.

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The Current Banking Crisis – 10 Not So Apparent Lessons

South State Correspondent

This article highlights ten not-so-evident lessons of the banking crisis that every banker must consider going forward. 9) Brand Matters: SVB had one of the best brands in banking. 9) Brand Matters: SVB had one of the best brands in banking. SVB’s 43% LTD used to be talked about with reverence.

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Community Heroes Leaving Their Mark

Social Assurance

What makes a financial brand stand out? In 2019 , [community bankers] had only 12 percent of total industry assets and 15 percent of total industry loans. Loans provide an opportunity for community bankers to connect. As the economy continues to recover , businesses are reopening to pent up demand.

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AutoGPT Will Change Your Bank

South State Correspondent

This article gives bankers a background on what it is, its risks, and how it will change everything from your infrastructure to your hiring practices. In addition, you can limit the tasks so that it only books using Open Table or Delta Airlines (using your login) or by giving it a list of brands to choose from.

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CEO Roundtable: Ideas for a successful 2023

Independent Banker

Following some respite in 2022, community bankers are bracing for a tougher economic landscape ahead in 2023. One of the biggest challenges is simply navigating market uncertainty related to Federal Reserve policy and the direction of the economy. By Beth Mattson-Teig. If a recession does emerge, what will it look like?