South State Correspondent

JANUARY 16, 2024

Barings Bank, Orange County (CA), Enron, Long-Term Capital Management, and other entities misused derivatives or didn’t understand the difference between hedging and speculating. Some bankers will soon hear about another example of banks using derivatives that, unfortunately, will lead to losses. No ISDA documents.

Community Bank 195

Community Bank Community Compliance CA 195

South State Correspondent

SEPTEMBER 12, 2022

The banking industry’s cost of funds (COF) is highly correlated to short-term interest rates. However, as of Q2/22, the average community bank’s COF has risen only a few basis points. The COF over the past five quarters is shown for three asset peer groups: banks under $1B (3.5k The Data on Cost of Funds.

Community Bank 195

Community Bank Community Industry Online 195

Independent Banker

DECEMBER 31, 2022

Here’s how community banks can enhance their payments offerings. of banks’ revenues come from payments. Payments account for up to 30% of bank revenue, and that income stream is under attack. billion-asset Bank of Tampa in Tampa, Fla. Chris Doyle, Texas First Bank. Photo by Juan Moyano/Stocksy. Quick Stat.

Trends 140

Trends Payments Community Bank Texas 140

Abrigo

AUGUST 3, 2015

The ABA’s 2015 Survey of Bank Compliance Officers , conducted February through March 2015, had participation from more than 450 financial institutions, with almost 80 percent being community banks. A recent Forbes commentary, Dodd-Frank, Community Bank Decline, And The Effect On U.S.

Compliance 150

Compliance Community Bank Community Survey 150

Independent Banker

OCTOBER 31, 2021

The CARES Act extended the CECL implementation deadline for many larger community banks until the end of the COVID-19 pandemic. Community bankers tell us that while the extension is welcome, they’re already down the road to implementation. ICBA tells FASB CECL isn’t feasible for community banks. By Stephanie Vozza.

Community Bank 91

Community Bank Community Software New York City 91

Abrigo

DECEMBER 17, 2021

In fact, corporate culture is more important to an innovative culture than the institution's size, level of investment, location, or regulatory environment, according to a recent study by the ? Digital Banking Report. Executives must center their communication on the vision for the technology and what employees will gain from it.

Fintech 195

Fintech How To Innovation System 195

South State Correspondent

MARCH 30, 2023

While banks lose money on many CD-only customers, and CD-only customers have a relatively short average life, a niche customer, such as a church, is almost always profitable because the bank has much higher retention rates and the average niche customer uses an average of four bank products.

Industry 195

Industry Resources Community Case Study 195

South State Correspondent

OCTOBER 26, 2023

Sunday Programming: consisted of a federal lobbying track, AI Summit, Small Business, Fraud, running a fintech, cannabis banking, and modernizing the banking core system. The topics were perfect, and there were some great case studies, but the substance was standard, bordering on underwhelming.

Conference 221

Conference Las Vegas Fraud Case Study 221

American Banker

SEPTEMBER 20, 2020

Lenders should be subjected to tough reviews of their readiness for economic threats posed by severe weather, required to disclose risks lurking in their portfolios and perhaps forced to set aside extra capital, a government study recently recommended.

Regulation 85

Regulation Study Capital Community Bank 85

PYMNTS

JUNE 14, 2019

Most consumers probably don’t have strong opinions about their banks, since the relationship tends to be more transactional than emotional. However, in the 2019 Retail Banking Report, a study by Reputation.com that analyzed online data relating to retail banking locations for 23 major U.S. Bank responded to 71 percent.

Retail 103

Retail Study Online social media 103

PYMNTS

MAY 3, 2018

The company’s 2018 PACE (Performance Against Customer Expectations) Report, published on Wednesday (May 2), found large financial institutions (FIs) are vulnerable to losing their small business customers, which tend to experience greater satisfaction levels at regional and community banks. The survey found small businesses in the U.S.

US 100

US Community Bank Community Survey 100

Independent Banker

JANUARY 31, 2023

Are you trying to raise awareness about a certain policy or bill affecting community banks? Once you hear a response, thank them and notify any bank staff who will be involved. Make sure other meeting participants from your bank do the same. Before making contact with your representative, first ask yourself why.

social media 103

social media Meeting Community Community Bank 103

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

Abrigo

DECEMBER 2, 2021

Indeed, deposit levels to transaction accounts among community banks exploded 74% to $896.5 31, 2019, and June 3, 2021, according to the Community Banking in the 21st Century report. billion from $515.3 billion between Dec. But this year, only 15% described core deposit growth as a “very important” risk.

Conference 195

Conference San Antonio Lending Fraud 195

South State Correspondent

JUNE 13, 2023

When interest rates rise, lenders struggle to manage revenue and economic capital; when rates fall, borrowers can commonly refinance the debt at lower rates. We see borrowers trying to out-predict the market by guessing what the Fed might do, analyzing economic trends, studying graphs, or talking to friends at cocktail parties.

Marketing 195

Marketing Examples Capital Management 195

Jeff For Banks

APRIL 25, 2015

I don't think de novo banks are key players to business startup capital formation. Sure, if you cite studies that say these banks' loan books are predominantly small, as the FDIC measures them. But that is because de novo's are limited to making a loan to one borrower of 15% of their capital position.

FDIC 60

FDIC Capital Community Bank Lending 60

PYMNTS

APRIL 30, 2018

Seventy percent of small firms without a checking account have been denied a loan, found Nav.com in its Annual Business Banking Study. Fifty-seven percent of entrepreneurs told Nav they prefer big banks , with 57 percent choosing to bank with large providers.

Taxes 144

Taxes America National Community 144

Jeff For Banks

FEBRUARY 26, 2023

Having Ciaran onstage with Laura as a case study added credibility to the presentation. Suncrest started in 2008 with a $19 million capital raise, and did three small follow-ons of $5, $8, and $7 million to support growth. Ten years after opening Suncrest did another $25 million raise led by p/e firm Castle Creek Capital LLC.

Conference 78

Conference CA Arizona Case Study 78

CFPB Monitor

AUGUST 22, 2016

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. Retail Bank, Citibank, New York, NY. Arjan Schutte, Founder and Managing Partner, Core Innovation Capital, Los Angeles, CA.

San Antonio 60

San Antonio Kansas City Groups CA 60

Independent Banker

JANUARY 26, 2016

Studies by The Kauffman Foundation, among others, have shown that new businesses account for nearly all net new job creation and almost 20 percent of gross job creation. Of course, community banks are the primary economic engines behind small businesses on Main Street America, funding more than 60 percent of all small-business lending.

Miami 70

Miami Community Bank Community Resources 70

PYMNTS

JUNE 28, 2016

Some need working capital to grow; others are bracing for working capital fluctuations or economic uncertainty. Working capital fluctuations and the need to grow as a result of increasing demand were also top motivators behind seeking external financing, researchers said. Adding to the evidence that the U.S. ”

Capital 106

Capital Lending Survey Cards 106

Jeff For Banks

MARCH 5, 2021

A bank trade association CEO asked me a couple of questions while he was researching an op-ed piece. Shouldn't the CFPB work to address the impediments to starting a bank in LMI markets rather than punish community banks who scrambled to serve their customers when the economy shut down? The edited Q&A is below.

Regulation 78

Regulation Indiana Charlotte Community Bank 78

Social Assurance

OCTOBER 10, 2017

Establishing yourself as the community bank is a process. Moreover, the guest list paves the road for you to study the participants and devise ways to best sell them to your cause. Capitalize on this fact by creating social media friendly content. While it is not necessarily quick – it is effective.

Community Bank 12

Community Bank Community social media Study 12

Social Assurance

OCTOBER 10, 2017

Establishing yourself as the community bank is a process. Moreover, the guest list paves the road for you to study the participants and devise ways to best sell them to your cause. Capitalize on this fact by creating social media friendly content. While it is not necessarily quick – it is effective.

Community Bank 12

Community Bank Community social media Study 12

South State Correspondent

SEPTEMBER 20, 2022

Link insights to all community banking growth strategies and market activation so that multicultural banking becomes ingrained in all products, services, and marketing and is not a standalone effort. This effort looks like more multicultural events, targeted education, and tailored products for both banks.

Conference 195

Conference Marketing social media Data 195

Jeff For Banks

SEPTEMBER 26, 2013

How do I explain the branding study by a client that identified Ally Bank as the most recognizable brand in their market? As most readers know, Ally is the former bank-finance arm of General Motors (GMAC). They required a substantial capital infusion from Uncle Sam to keep them solvent during the financial crisis.

San Antonio 86

San Antonio Conference Community Community Bank 86

CFPB Monitor

AUGUST 20, 2020

OCC : The OCC announced Project REACh on July 10, 2020 to promote greater access to capital and credit for underserved populations through policy and structural issues at the national and local level. On July 23, 2020, the FDIC released a podcast entitled “The Role of Minority Banks.” banking system.

Regulation 78

Regulation FDIC Community Lending 78

Social Assurance

MAY 7, 2021

Financial banking looked a little different this past year. The COVID-19 pandemic presented community banks with a unique set of challenges – but also opportunities. Necessity forced many institutions to think outside the box and develop innovative approaches to helping their community. TrustTexas Bank Case Study.

Community 15

Community Industry Community Bank Branding 15

PYMNTS

SEPTEMBER 18, 2018

As for lending to businesses, banks have still been a bit hesitant to lend to smaller firms. A study from the Florida Atlantic University College of Business found that loans declined more at large banks than smaller ones. Behind the Numbers .

Lending 148

Lending Innovation Fintech Cards 148

Independent Banker

FEBRUARY 28, 2022

The ICBA Capital Summit is the premier event for community bankers looking to advocate for their industry. In person for the first time since 2019, the ICBA Capital Summit in Washington, D.C., Community bankers, pack your bags for Washington, D.C. Community bankers, pack your bags for Washington, D.C.

Community 180

Community Washington Community Bank Capital 180

FICO

FEBRUARY 5, 2021

The recent explosion of new financial product and service providers has started to capture a share of consumers’ attention and wallets, perhaps more so than many banks believe. The report – Americans’ Shadow Financial Lives: The Mobile Apps Banks Don’t Know They Use – found that U.S. Over the last 15-20 years, things have changed.

Millennials 52

Millennials social media Fintech Examples 52

NCR

MAY 26, 2016

Backbone of the economy, hallmark of innovation, true entrepreneurship, the face of free market capitalism—the clichés come tumbling out with speed and ease, at least in part because they’re completely true. Of course, besides the conglomerates and crowdfunding, there’s the old standby: the community bank.

social media 53

social media Resources Innovation Course 53

Jeff For Banks

MAY 31, 2017

And when my friend and fellow bank consultant Mary Beth Sullivan from Capital Performance Group in DC shared the post in the below pic on LinkedIn, it stirred a spirited rebuttal. They're competitors. :) I don't want to engage in a tit for tat on studies. Don't click on those links! Figures don't lie but liars figure, right?

Branch Strategies 60

Branch Strategies DC Groups Fintech 60

Abrigo

NOVEMBER 29, 2021

Takeaway 3 Community banks have seen less volatility in noninterest income, and many are still eyeing growth across the category. Capital One and Fifth Third Bank have launched programs to give customers early access to direct deposits, up to two days. Community banks target growth.

Community Bank 195

Community Bank Community FDIC Trends 195

Tech and Finance

JULY 13, 2016

Regional and mid-tier banks face an uphill battle on the digital front, but have advantages they can capitalize on with some focus and determination. Alarm bells are sounding in boardrooms of regional and mid-tier banks across the U.S. Retail Banking Customer Satisfaction Study from J.D. Or at least they should be.

Regional 28

Regional Mobile Millennials Study 28

Abrigo

MARCH 13, 2023

Looking back to the Great Recession, I recall the banks that made Jumbo Alt-A mortgages that woke up one morning to the realization that their one conduit to sell these loans (Countrywide Mortgage) was now gone, and they were then stuck holding loans that ballooned the total assets of the bank. Boy, did that impact capital ratios.

Strategy 195

Strategy Lending Security Analysis 195

Gonzobanker

JANUARY 4, 2022

Bank of America launched Balance Connect, a service that allows customers to avoid overdraft fees by automatically transferring money from another of the user’s accounts with the bank for a $12-per-transaction fee. Granted, the numbers don’t quite portend an onslaught of banks getting into crypto. This is nonsense.

Trends 190

Trends Fintech social media Strategy 190