South State Correspondent

APRIL 19, 2023

Apply further rising rates, social media amplification of rates or risk, general sensitivity to safety, greater competition, or a credit shock to the deposit holding institution. This is one of the great mysteries of community banking. Almost every community bank touts its commitment to the relationship.

How To 195

How To Examples Resources Community Bank 195

South State Correspondent

SEPTEMBER 20, 2022

Bank Marketing Lesson 9: Goal Setting – A Common Theme. Many sessions discussed the importance of setting clear goals for any marketing effort, such as the talk by Jessica Reese (graphical notes below), the Social Media Manager for Arvest Bank (AR, $27B). The audience learned from these banks’ mistakes and successes.

Conference 195

Conference Marketing social media Data 195

Abrigo

MAY 5, 2022

Other podcasts might be internationally based and of little interest to community financial institutions or credit unions based in the U.S. or largely focused on the domestic banking market. So here’s your head start on finding some banking podcasts that might work for you. Banking Transformed 2. Banking with Interest 4.

Community 195

Community Lending Maine Resources 195

Social Assurance

JANUARY 11, 2021

In a recent article from Social Media Today , they shared their social media marketing predictions for 2021. Here we have broken down some of those social media trends that you should be paying attention to as a financial marketer. This is a formidable challenge for community banks.

social media 15

social media Branding Trends Tools 15

Social Assurance

JANUARY 11, 2021

In a recent article from Social Media Today , they shared their social media marketing predictions for 2021. Here we have broken down some of those social media trends that you should be paying attention to as a financial marketer. This is a formidable challenge for community banks.

social media 15

social media Branding Trends Tools 15

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. Koger Propst.

Community Bank 91

Community Bank Community Tampa North Carolina 91

Social Assurance

OCTOBER 24, 2017

The community bank series continues! Building upon what was already outlined with sponsorships and events, the next step towards further solidifying your position in the community comes in the form of donations. Altruistic giving works because it creates a superordinate goal for the community. Connect with Community.

Community Bank 12

Community Bank Community social media Taxes 12

Social Assurance

OCTOBER 24, 2017

The community bank series continues! Building upon what was already outlined with sponsorships and events, the next step towards further solidifying your position in the community comes in the form of donations. Altruistic giving works because it creates a superordinate goal for the community. Connect with Community.

Community Bank 12

Community Bank Community social media Taxes 12

Social Assurance

OCTOBER 10, 2017

Establishing yourself as the community bank is a process. Other insights are available covering topics such as donations, community drives, marketing and more. Capitalize on this fact by creating social media friendly content. A guide on building your relationships and growing engagement with your customers.

Community Bank 12

Community Bank Community social media Study 12

Social Assurance

OCTOBER 10, 2017

Establishing yourself as the community bank is a process. Other insights are available covering topics such as donations, community drives, marketing and more. Capitalize on this fact by creating social media friendly content. A guide on building your relationships and growing engagement with your customers.

Community Bank 12

Community Bank Community social media Study 12

Jeff For Banks

APRIL 25, 2014

"Our combined financial institution will offer a wider array of products and services while continuing our long-standing personal commitment to our customers and community." - Gregory Schreacke, President of First Financial Service Corporation in Elizabethtown, KY on his bank''s sale to Community Bank Shares of Indiana, Inc.

Community 93

Community New York Indiana Connecticut 93

PYMNTS

JUNE 14, 2019

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. banks, the banking industry was found to be lacking. The low score for retail banks is due to factors like star ratings, which equaled 2.8

Retail 103

Retail Study Online Mobile 103

Jeff For Banks

JUNE 2, 2023

Finally, resolution of failing financial institutions requires that the deposit insurance fund be strongly capitalized with real reserves, not just federal guarantee.” Although community banks did not lend to sub-prime borrowers in any meaningful way, did we participate? To you, manage your interest rate risk.

FDIC 78

FDIC Community Bank Regulation Lending 78

Gonzobanker

DECEMBER 22, 2020

Banks and credit unions had to fundamentally change their delivery, support and relationship management models at scopes and speeds that were unheard of. And how did community banks and credit unions respond to the COVID craziness? Bad things about the banking industry. The Tiny Bank that Did It Award UBank of Texas.

Idaho 172

Idaho Community Industry Strategy 172

South State Correspondent

MAY 1, 2024

With financial hardship, competition from dominant players, and a startup budget, Gentle Monster faced many of the same challenges as a community bank. Leveraging social media, Gentle Monster started to get traction. How Banks Can Leverage: While not exactly a banking innovation, banks can better allocate capital to COIs.

Innovation 195

Innovation social media Branding Marketing 195

South State Correspondent

MARCH 15, 2023

It turns out that confidence is more valuable than capital. While we wrote about the root cause of the failure of Silicon Valley Bank (SVB) HERE , the lessons of the current banking crisis go beyond interest rate risk management. The ratio would provide a bank’s current core capital position to risk-adjusted assets.

social media 195

social media FDIC Branding Management 195

ZootBlog

NOVEMBER 11, 2015

Neobanks are turning users into fans by being nimble, but their very existence often depends on partnering with traditional banks. Smaller community banks are finding it beneficial to collaborate with neobanks. Alternative lending platforms are providing capital to consumers more efficiently than traditional banks.

Innovation 60

Innovation Fintech social media Knowledge Base 60

FICO

FEBRUARY 5, 2021

The metrics that defined that era of competition were fairly straightforward – primary account status, attrition rate, products per customer, net promoter score – and banks felt comfortable that these metrics accurately captured their performance within the competitive environment. But that doesn’t mean banks can’t still provide value.

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

Gonzobanker

DECEMBER 19, 2017

THE BANKING AWARDS. Rainbolt has quietly built a community bank in the past 20 years that is closing in on $2 billion of market cap. GonzoBanker of the Year – Large Banks. 16 passing of Robert Wilmers, chairman and chief executive officer of M&T Bank Corp.

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Conference Industry Community Bank Community 91

South State Correspondent

MAY 31, 2023

Likely, it might be a combination of the above, but setting a branching strategy should dictate capital allocation, branch layout, marketing, and staffing. Banks should have a clear and stated set of measurable objectives for their branches and then allocate capital accordingly. The goal is to create energy and engagement.

Data 195

Data Branch Strategies Strategy Mobile 195

South State Correspondent

APRIL 3, 2023

While there have always been problems in banks’ asset-liability models (ALM) and liquidity stress test models, the current environment exacerbates this problem. As a result, most banks are overestimating their liability sensitivity and, thus, their deposit value. This reduces the duration of these non-maturity deposits.

social media 195

social media Community Bank Analysis Training 195

Social Assurance

JULY 16, 2014

Social media marketing is a lot more like soccer than it is like conventional war. If you are one of the thousands of community banks and credit unions in the US that compete against the big 5, here are a few things that may help you to think about the competing with social / digital strategies.

Community Bank 16

Community Bank social media Community Google 16

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. For banks, crypto will be to 2022 what social media was to 2015.

Trends 188

Trends Fintech social media Strategy 188

South State Correspondent

OCTOBER 4, 2023

Most of these campaigns revolve around an email drip campaign, digital advertising, retargeting, social media, podcasts/video, and print. Few banks purchase the keyword, and fewer even produce organic content about the importance of businesses establishing an emergency reserve account funded by six months of operating expenses.

Marketing 195

Marketing Taxes Training Management 195

Gonzobanker

DECEMBER 22, 2015

Jill Castilla, CEO of Citizens Bank of Edmond, Okla. This year, the award is less about advancing “your career” as it is about advancing “your bank.” No one has been more successful at using social media to generate awareness and a positive image for their bank than Jill (@JillCastilla, @CitizensEdmond).

Community Bank 60

Community Bank Apple Community Technology 60

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. We are in awe. Seriously in awe.

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Fintech Community Regional Technology 194

South State Correspondent

JUNE 13, 2022

Banks that are looking to enhance their risk management practices should consider incorporating the concept of the velocity of risk into their enterprise-wide risk management practices. In this age of social media, global interconnectedness, and market volatility, banks can be one tweet torrent away from a lightning-fast onset of risk.

Risk Management 195

Risk Management Examples social media Management 195

Gonzobanker

DECEMBER 20, 2018

Despite some controversy about the deal bidding structure, the point is that MB got close to $5 billion for the franchise and locked in an exchange rate before the bank equity market softened. Bank Purchase of the Year. CVB Financial acquires Community Bank. Megan Caywood goes from Starling Bank to Barclays.

Fintech 102

Fintech Conference Innovation Community 102

Lex Sokolin

NOVEMBER 18, 2020

As a system, capitalism and the American legal system are quite similar. Like insects and other hive-minded critters, we build super-organisms in the shape of families, companies, communities, countries, and cultures. Xi Jinping, representing that social machine, has effectively stripped Ant Financial of its technology company status.

System 52

System Community Bank Community Capital 52