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Market your community bank with first-party data

Independent Banker

Illustration by The Laundry Room/Stocksy Customer data fuels efficient and effective marketing these days. Andrew Catalano, Austin Williams While most community banks aren’t yet using first-party data for marketing purposes to grow revenue and retain customers, experts say those willing to invest in the effort can reap big rewards. “To

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Community Banks Debut FinTech Alliance

PYMNTS

Alloy’s Julieann Thurlow, CEO of Reading Cooperative Bank, said, “Community banks play a special role in the lives of our customers, but we don’t have the same IT and innovation budgets as the big banks to capitalize on that relationship.” Guidelines From The UK.

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A community bank-fueled payments rail

Independent Banker

For a community bank to be innovative means you need to make big bets with your depositors’ capital—and that’s something we take very seriously,” Thurlow says. “By By working with other banks, we can share the costs, which allows us to take bigger bets on innovation than each of us could do on our own.”. The whole package. “The

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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.”. One community bank that has found success in retaining its best employees is $180 million-asset Malvern Bank in Malvern, Iowa. One bright idea for community banks to consider is equipping team members with “power skills.”

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Banking's Top 5 in Total Return to Shareholders: 2019 Edition

Jeff For Banks

I chose five years because banks that focus on year over year returns tend to cut strategic investments come budget time, which hurts their market position, earnings power, and future relevance than those that make those investments. Total return includes two components: capital appreciation and dividends. First Capital, Inc.

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Analyzing The Private Market Investment Strategies of P&C Insurers

CB Insights

XL Innovate. HCS went through a major management shakeup in November 2016 when former AIG head of commercial insurance strategy and innovation Greg Wolyniec joined as president and CEO, while AIG president of liability and financial lines Alexander Baugh was named chairman of HCS’s board of directors. American Family Ventures.

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Sizzle Or Fizzle: Facebook, Online Lending, Cash – And The Twilio Surge

PYMNTS

But Facebook got the jump on the news cycle this week with the big news that it was opening up Facebook Canvas for retailers and other marketers on the site, as opposed to just advertis e rs. But maybe only for a l ittle while , since o ne soaring IPO on a big up day in the stock market does not a unicorn exit strategy make. .

Lending 101