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Who were ICBA’s Top Lenders of 2022?

Independent Banker

Last year, community bank loan producers were faced with both record-low interest rates and a glut of deposits. But as they always do, they came through for individuals and businesses in their communities with a combination of personalized service and prudent risk management practices. American Bank, National Association.

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CFPB announces new appointments to advisory groups

CFPB Monitor

The CFPB has announced the appointment of new members to its Consumer Advisory Board, Community Bank Advisory Council, Credit Union Advisory Council, and Academic Research Council. Paulina Gonzalez, Executive Director, California Reinvestment Coalition, San Francisco, CA. Retail Bank, Citibank, New York, NY.

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11 New Restaurant Concepts Reimagining Fast Food & Casual Dining

CB Insights

In 2017, the National Restaurant Association reported annual sales of $799B — close to 48% of the total amount that Americans spent on food. In the past decade, restaurant and bar purchases have grown at twice the rate of general retail spending. Community initiatives: Loom (Massachusetts). That’s not a new development.

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From AT&T To Xerox: 65 Corporate Innovation Labs

CB Insights

Retail/Consumer Goods. National Medal of Science, Turing Awards, Kyoto Prizes, and many others. Retail/Consumer Goods. Velocity Lab” in Cambridge, MA and “Innovation Lab” in San Mateo, CA both handle mobile apps, digital platforms, and in-store technologies. This post is broken up into sections. Technology. Technology.

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First Foundation to Buy Two PacWest Branches

American Banker

First Foundation in Irvine, Calif., has agreed to buy a pair of branches from Pacific Western Bank in Beverly Hills, Calif.

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Beware the 'Cargo Cult' of Performance Targets

American Banker

The phony-account scandal at Wells Fargo illustrates how sales quotas can incent bad behavior. Is your bank effectively mitigating the risk of 'managing to metrics'? Or could it be in danger of becoming a 'cargo cult'?