Remove Capital Remove How To Remove Innovation Remove Taxes
article thumbnail

Steal This 5-Step Banking Innovation Playbook from Gentle Monster

South State Correspondent

For inspiration in banking innovation, we often look to other industries. Instead of thinking traditionally, Gentle Monster pursued a strategy of innovation and creativity to become the hottest sunglass company globally, creating a company currently valued at $900 million. Honkook Kim and his Gentle Monster Brand is a perfect example.

article thumbnail

3 Ways to capitalize on your tax season engagements

Abrigo

Every year, accountants brace themselves for the inevitable tax season. For many accountants, unfortunately, tax season means that lucrative consulting work that can diversify revenue and bolster firm growth throughout the year gets put on hold in order to handle the mountains of personal and business tax returns.

Taxes 150
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How to keep good employees

Independent Banker

Often, innovation and creativity soar when we allow employees to be curious and explore new ways of thinking.”. According to Mergele, employees are often promoted into managerial roles based on their individual performance but are not trained on how to be effective leaders. Source: ICBA Community Banker University.

How To 91
article thumbnail

‘Stranger Things’ And Starcourt Mall Teach Us About Big Tech And Innovation

PYMNTS

But I had options: lots of choices for what to buy, places to find information about what to buy, a choice in how to buy it – and an easy way to access those options and choose before my class. Taxes and other measures put in place years earlier were even rolled back. FYI: Spinning is fine, but I’ll stick with running.

article thumbnail

The math behind small business lending: Problems & possibilities for banks & credit unions

Abrigo

Takeaway 2 Several small business lending processes can tax both borrowers and staff. Almost half sought credit to grow their businesses, and 28% applied to make repairs or replace capital assets. It also helps to understand how those issues affect borrowers. See how Dover FCU speeds up its lending processes.

Lending 243
article thumbnail

Reading The Tea Leaves Of Post-Pandemic SMB Lending

PYMNTS

According to Kris Puskar , senior vice president and business banking sales and innovation director at Eastern Bank , the current climate has forced both small businesses and their banks to shift their mindsets away from historical data and take a closer look at what's happening today in order to best prepare for tomorrow.

Lending 233
article thumbnail

The top-performing community banks of 2021

Independent Banker

3-yr average pre-tax ROA. pre-tax ROA: 3.08%. pre-tax ROA: 2.83%. In order to compete as a small bank, we have been forced to keep higher-than-peer capital levels, so that our lending limit allows us to service local borrowers’ needs. pre-tax ROA: 2.68%. 3-yr average pre-tax ROA. Less than $300 million.