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Growing a mortgage portfolio: Encourage borrowers to bank local

Abrigo

With mortgage rates down in the US , many homebuyers are looking locally to their community banks to finance their new, potentially life-changing purchase. In the spirit of the go local movement, new data from Sageworks Bank Information peeked in on 10 cities to see which community banks were making an impact on local mortgage lending.

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5 New Year’s Resolutions For Any Sized Bank That You Must Get Right in 2023

South State Correspondent

Building out the ever-important treasury management suite, targeting deposit-rich customer segments, and creating new savings products are all examples of how banks can build deposit balances at low cost, low-rate sensitivity, and high deposit convexity. Lending Focus – Interest Rate Sensitivity and Credit Accuracy. Conclusion.

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Carolina Premier Hires Director of SBA Lending

American Banker

Carolina Premier Bank in Charlotte, N.C., has hired Don Jackson from Community One Bank in Asheboro, N.C., as director of Small Business Administration lending, a new position at the bank.

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F.N.B. Hires N.C. Banker to Lead New Charlotte Office

American Banker

in Pittsburgh has hired an executive to lead its new Charlotte, N.C., office after it completes its deal for Yadkin Financial.

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Voices of Shelburne, VT

Ublocal

In celebration of our new Shelburne Village branch recently opening, we have collected input and insights from the wonderful community of people working and living in Shelburne, Vermont. Vice President, Branch and Business Development Manager : “After more than 27 years in banking it’s good to finally work for a Vermont based bank.

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Top 13 Bank, Fintech & Financial Services Marketing Conferences

Fintech Labs Insights

For financial marketers, especially those in credit unions and community banks, the biggest event of the year, The Financial Brand Forum , is just two months away. For the most part, early-bird (or very-early-bird) prices are still in effect, so you can easily save $1,000 or more on a pair of tickets.

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PNC Cares Far More About the Penguins Than the Flyers

Jeff For Banks

It is a cultural change for banks, that typically take the synergies from an acquisition and drop it to the bottom line. Many banks make strategic investments only if they can recoup the costs quickly. Such as hiring lending teams. But keeping up or exceeding big banks on tech is a tough strategy and tough sell.