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7 ways community banks can boost profitability

Independent Banker

Here’s what community bankers need to know when planning their budgets for the next year. These days, there’s a lot to contend with as a community bank, from changing consumer behaviors due to the pandemic to uncertainty surrounding the economy and inflation. By Cheryl Winokur Munk. Quick stat. Source: 2021 Provident Bank survey.

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Two Perficient Colleagues Recognized in CRN’s 2020 Women of the Channel

Perficient

CRN’s 2020 Women of the Channel list sets out to honor the strategic vision and unique achievements of influential, accomplished women leaders who accelerate channel growth through cultivated partnerships, innovative thought leadership, and unwavering dedication to the IT channel. . Leading by Example with Liz Stuart.

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Stripe Teardown: How The $35B Payments Company Plans To Supercharge Online Retail

CB Insights

As businesses and consumers become more comfortable using credit cards online, the proportion of US commerce that takes place online has steadily increased over the last 20 years. Specifically, the Collisons aimed to more seamlessly connect online businesses and payment processors, allowing more businesses to accept online payments.

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Gonzo Goes to BAI Retail Delivery 2014: Sweet Home Chicago?

Gonzobanker

Online delivery? ACI was talking up wins at SpaceCoast Credit Union, Langley Credit Union and some community banks; Alkami at EverBank and Spokane Teachers Credit Union; Maluazai some new core partnerships; Q2 at a Top 100 CU; InfoSys at Eastern Bank; and startup D3 talked about its signings of Arvest and another soon-TBA $25B bank deal.

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Who were ICBA’s Top Lenders of 2022?

Independent Banker

Last year, community bank loan producers were faced with both record-low interest rates and a glut of deposits. But as they always do, they came through for individuals and businesses in their communities with a combination of personalized service and prudent risk management practices. First Community Bank of the Heartland, Inc.

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Good News from Gen Next

Independent Banker

He’s a high school senior who lives in suburban Chicago. And the great news, according to “American Millennials and Banking,” a major new study commissioned by ICBA, is that Bauhs and the 80 million other people in his generational cohort are prime potential customers for community banks. By Ed Avis. And technology is important to him.

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2020 GonzoBanker Awards

Gonzobanker

And how did community banks and credit unions respond to the COVID craziness? Our clients showed banking at its best – obsessed with customer well-being, good corporate citizenship, and strong community focus. Jill is continually demonstrating just how loud a $300 million community bank can roar! Bravo Brett and team!

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