Independent Banker

FEBRUARY 28, 2023

Community banks own an enviable amount of data, but not all are leveraging it to its fullest extent. By Mindy Charski People share important data about themselves with their community bank in myriad ways. Data about existing customers can even help community banks improve their efforts to find new customers.

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Community Bank Community Marketing Data 129

PYMNTS

NOVEMBER 13, 2018

To that end, news came earlier this week in the United States that a dozen community and regional banks have formed a group aimed at exploring the opportunities amid FinTech offerings. Among the names joining up are Citizens & Northern Bank (based in Pennsylvania), Inland Bank (Illinois) and Lincoln Savings Bank (Iowa).

Community Bank 183

Community Bank Community Fintech Arizona 183

PYMNTS

NOVEMBER 6, 2018

This kind of small business is a dying breed: recent stats from the RUPRI Center for Rural Health Policy Analysis at the University of Iowa found more than 16 percent of independent pharmacies shuttered their doors between March 2003 and March 2018, according to Washington Post reports. But these business owners need capital to expand.

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Capital Iowa Management Community 130

PYMNTS

JUNE 24, 2016

This week it was Minnesota, and then yesterday Walmart really got warmed up and announced the expansion of their new payments service in: Michigan, Virginia, the Carolinas, Indiana, Iowa, Kentucky, Nebraska, North Dakota, South Dakota, Tennessee, Louisiana, Missouri, Mississippi and Washington, D.C. A pretty clear-cut sizzle. Costco Card.

Lending 101

Lending Online South Dakota North Dakota 101

Jeff For Banks

DECEMBER 12, 2017

Total return includes two components: capital appreciation and dividends. That got regulator's attention in the form of a May 2011 Consent Order (CO). A princely some to a Bank with $107 million of capital at the time. This, naturally, eliminated many of the smaller, illiquid FIs. Summit Financial Group, Inc. Then, kaboom!

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Minnesota West Virginia Virginia Iowa 60

Gonzobanker

DECEMBER 19, 2022

As if that wasn’t enough, regulators took a sledgehammer to debit fee income with Reg II changes that will begin reducing card-not-present interchange fees starting in July 2023. 2022 was the year the fintech industry and venture capital firms figured out that banking is harder than everybody thought. Except maybe they did partly.

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Community Fintech Industry Innovation 216