South State Correspondent

FEBRUARY 8, 2023

The current yield curve presents various challenges for community bankers for revenue generation and risk management. In this article, we will outline the significance of the yield curve shape and what it may portend for community banks. The second is the term premium theory.

Community Bank 195

Community Bank Community Risk Management Strategy 195

Abrigo

MARCH 2, 2023

But as Southwest’s scheduling system crisis over the holidays showed banking and all other industries, technology shortcomings create enormous costs in the short-term and in the future. The company has estimated that the impact of its system meltdown during bad weather will cost it as much as $825 million.

Technology 195

Technology Lending Community Software 195

Gonzobanker

JUNE 28, 2023

Deep expertise in sound business lending has value , which showed up in the market both directly helping community banks and through partnerships. After years of neglect under Experian’s ownership, the platform had significant gaps to address at the time The Riverside Company purchased Baker Hill.

Fintech 147

Fintech Risk Management Lending Software 147

PYMNTS

APRIL 16, 2020

This week’s look at the latest in bank-FinTech collaborations and open banking initiatives finds a focus on small business lending: In the U.K., Deloitte, Unqork, Plaid Debut Lending-as-a-Service Tool. ” Plaid Unlocks Payroll Data to Support PPP Lending. .”

Data 167

Data Lending Regional Fintech 167

Gonzobanker

FEBRUARY 23, 2022

Early adopters are earning prestige while investors and a hoard of community banks explore the opportunity to tap into this new source of revenue. New Cornerstone research estimates that banks can realize as much as $25 billion in BaaS revenue over the next five years through partnerships with third-party technology companies.

Community Bank 133

Community Bank Strategy Risk Management Fintech 133

Abrigo

MARCH 6, 2017

Sageworks (which is also on Twitter at @Sageworks ) has identified 15 must-follow Twitter accounts for banking professionals. 1) @davidpoconnell – David O'Connell is a former commercial lender and a senior analyst at Aite Group, where he covers commercial banks and their use of analytics. Learn more here.

social media 150

social media Lending Community Community Bank 150

Abrigo

OCTOBER 20, 2020

Key Takeaways Gain an understanding of the current state of banking and future expectations. Learn how to support company culture and hiring long-term talent. More than 500 banking professionals across the country gathered for a two-day 2020 ThinkBIG: Manage Risk. Plan for new technology and innovations.

Management 195

Management Lending Community Strategy 195

Gonzobanker

SEPTEMBER 21, 2023

Treasury management provider Dragonfly Financial Technologies launched independently from an ACI Worldwide sale. NCR announced plans to separate into two independent, publicly traded companies: NCR Voyix , focused on digital commerce, and NCR Atleos , focused on ATMs. Credit union lending platform Clutch partnered with Zest.ai

Fintech 103

Fintech Software Illinois Lending 103

Jeff For Banks

MAY 20, 2017

Today, I read an American Banker article on how a multi-billion dollar bank is going to ramp up its business lending. Reading between the lines, this bank is likely over the CRE guidance levels, and were probably getting grief from their regulators about it. Risk mitigants tend to lag growth, especially fast growth.

Lending 60

Lending Regulation Community Community Bank 60

Abrigo

MAY 5, 2022

Thankfully for bank and credit union executives, lenders, risk managers, and Bank Secrecy Act (BSA) Officers, banking podcasts and podcasts for credit unions are plentiful, and options are growing. Listen to the podcast episode, " How To Sleep Easier at Night About Capital and Risk Levels.". Whitepaper.

Community 195

Community Lending Maine Resources 195

Gonzobanker

NOVEMBER 2, 2023

Think about the quality of candidates that top tech companies, Wall Street investment banks and Big 4 management consulting firms recruit. Think about companies that apply rigor to intelligence testing like the famous Microsoft logic interview puzzles. That’s the new DNA we need to increase across the banking industry.

Leadership 158

Leadership Industry Management Resources 158

Independent Banker

NOVEMBER 25, 2015

Call them disruptors, upstarts or the voguish FinTech companies. Regardless of the name, nonbank technology firms are wedging themselves between community banks and their customers by offering a slew of traditional and nontraditional banking products. Siphoning customers.

Community Bank 70

Community Bank Community Analytics Lending 70

American Banker

MARCH 30, 2016

The management team at Western Alliance Bancorp. The company's pending purchase of a large loan book — and expansion into national hotel lending — will be scrutinized in coming years. has decades of experience with hotel development.

Risk Management 28

Risk Management Management Lending National 28

Jeff For Banks

NOVEMBER 7, 2015

Me to a community banker: Why don't you offer more options than real estate secured lending to help fund early stage businesses? Banker: Because that's not community banking. I've been in this business over 20 years and still don't know the definition of community banking. I've got news for you.

Community Bank 60

Community Bank Community Baltimore Lending 60

Jeff For Banks

JUNE 2, 2023

The old borrow short, lend long strategy. I want to read to you the FDIC’s conclusion from their An Examination of the Banking Crisis of the 1980’s and Early 1990’s. The Y2K scare also had companies pouring money into tech firms. Most of the more than 500 financial institutions that failed were community banks.

FDIC 78

FDIC Community Bank Regulation Lending 78

Gonzobanker

DECEMBER 22, 2020

And how did community banks and credit unions respond to the COVID craziness? Financial institutions went from having no PPP lending program at all to funding their first loan in 90 days – and this with literally last-minute regulatory guidance. The Tiny Bank that Did It Award UBank of Texas. Let us break it down for you.

Idaho 181

Idaho Community Industry Strategy 181

Independent Banker

AUGUST 26, 2015

Forming new business lines—if carefully planned and considered—can be a potentially significant way for a community bank to boost revenues and profits. But just as their upsides are significant, the downsides of new propositions for community banks can create more problems than opportunities.

Operations 70

Operations Community Bank Community Management 70

CB Insights

FEBRUARY 20, 2020

In 2018, companies from 31 countries and 19 categories — spanning payments, digital banking, insurance, and more — made it onto the CB Insights 2018 Fintech 250 list. These companies were selected by CB Insights’ Intelligence Unit from a pool of nearly 4,000 applicants and nominees. Company name. Click to enlarge. .

Fintech 80

Fintech US Lending Cards 80

Gonzobanker

DECEMBER 17, 2021

million gets the vaunted consumer lender a much-prized bank charter, low-cost deposits to juice current earnings, and a business lending capability to drive future growth. Goes to Eric Sprink, Coastal Community Bank , Everett, Wash. We salute a legend of lending and credit union leadership. Has it worked?

Fintech 147

Fintech Strategy Leadership Lending 147

ZootBlog

NOVEMBER 11, 2015

There are several ways for banks to elevate their game—fintech houses, neobanks, alternative lenders, in-bank labs. There are now more than 8,000 financial technology companies in the United States with the potential to shake up traditional financial institutions. Fintech Houses. Alternative Lenders.

Innovation 60

Innovation Fintech social media Knowledge Base 60

Jeff For Banks

MAY 4, 2020

Readers note: You can also view this post on Penn Community Bank's website. As frightening as this crisis has been, we have seen a mobilization like never before of government at all levels and the cooperation of private companies. US companies have filled the void. Click here. Congress passed $2.3

Marketing 78

Marketing Philadelphia Community Bank US 78

Abrigo

MAY 8, 2024

Yet 30% of financial services leaders ban the use of generative AI tools within their companies, according to a recent survey by American Banker publisher Arizent. Stay up to date with free resources on managing risk and driving growth. Even if a financial institution isn’t yet using the technology, it can learn from peers.

Examples 195

Examples Fraud Resources Risk Management 195

Independent Banker

JUNE 30, 2022

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. Photo by Linkes Photography.

Community Bank 172

Community Bank Community National Philadelphia 172

Abrigo

MARCH 24, 2021

Growing loans, earnings are banks' top challenges in 2021. The top banking challenges in 2021 are growing loans and earnings, according to Independent Banker’s recent 2021 Community Bank CEO Outlook survey. Technology sets up future lending success. Pandemic-Induced Transformations. Optimize Technology.

Lending 221

Lending Technology Survey Examples 221

Abrigo

SEPTEMBER 14, 2022

Financial institutions, fintech companies, and other small business lenders will need to begin collecting a wide array of small business lending data under the Consumer Financial Protection Board’s (CFPB) proposed small business lending data collection rule. Prepare for change to data collection practices.

Lending 195

Lending Data Regulation Community 195

Gonzobanker

DECEMBER 20, 2019

. ————————————————————————— The ‘En Vogue’ Trend of the Year – Credit unions buying community banks. Is the company holiday party in Monaco this year? Might be time to.

Idaho 148

Idaho Conference Data Marketing 148

Gonzobanker

MARCH 21, 2017

The buyer might be an established core player, or it might be a lending competitor of D+H that wants a core anchor. With more than 100 solid community bank installs and a few large credit unions, it would be a shame to have it wither within a global financial corpocracy. And then the company sold for $3.6

Phoenix 60

Phoenix Lending System US 60

Gonzobanker

MARCH 21, 2017

The buyer might be an established core player, or it might be a lending competitor of D+H that wants a core anchor. With more than 100 solid community bank installs and a few large credit unions, it would be a shame to have it wither within a global financial corpocracy. And then the company sold for $3.6

Phoenix 60

Phoenix Lending System US 60

Gonzobanker

MAY 21, 2019

As a thought experiment, imagine if one evening Amazon CEO Jeff Bezos had one too many cocktails and errantly gave an order to purchase your bank. The framework to assess the acquired bank is based upon Bezos’ famous 2016 shareholder letter that outlines Amazon’s core business philosophy.

Customer Experience 112

Customer Experience Analytics Management Operations 112

Gonzobanker

DECEMBER 22, 2015

It’s been almost 20 years since the IPO but this team keeps delivering growth and outstanding financial performance while keeping the values of the hometown bank that started it all. Community bank marketing resources. Information Management Award. Popular Community Bank in Miami. Bravo OZRK! Just asking.

Community Bank 60

Community Bank Apple Community Technology 60

Gonzobanker

DECEMBER 22, 2014

Bank Acquisition of the Year - BB&T Corp. The pickup of 240 branches for BB&T gets this acquisitive company into the Northeast. Nice community bank culture fit between the two as well. Bank Merger of the Year – California United Bank and 1 st Enterprise Bank in Los Angeles.

Los Angeles 101

Los Angeles Apple Risk Management California 101

South State Correspondent

JUNE 13, 2022

Banks that are looking to enhance their risk management practices should consider incorporating the concept of the velocity of risk into their enterprise-wide risk management practices. Some risks occur slowly; others strike quickly and hard. Optimizing Risk. Consider the risk above.

Risk Management 195

Risk Management Examples social media Management 195

Gonzobanker

DECEMBER 14, 2023

Not the financial industry’s “Troublemakers ” – those regional and community banks, credit unions and supporting fintech entrepreneurs who continue to engage customers and communities and find niches that keep the grassroots of our country’s financial system alive and kicking. Sounds like a cool strategy to build a smarter bank.

Fintech 195

Fintech Community Regional Technology 195

William Mills

SEPTEMBER 12, 2017

Digital banking solutions for community banks and credit unions. A turnkey solution incorporating CRM, invoicing and payments into a simple solution for the business delivered through the bank’s digital banking solution. An industry leader in lending and benchmarking solutions for financial institutions.

Samsung 69

Samsung Mobile User Experience Google 69

Jeff For Banks

FEBRUARY 3, 2017

Bank lending has not been the catalyst it used to be for improved growth in this recovery compared to prior ones; maybe we can point at regulation after regulation being forced onto banks and higher, more restrictive capital requirements. If bank regulations are lifted, lending and thus growth can improve.

Marketing 60

Marketing Taxes Regulation US 60

Gonzobanker

DECEMBER 19, 2016

Acquisition of the Year – Guaranty Bank and Trust Company in Colorado for its acquisition of Home State Bank. Sale of the Year – Scott Custer, Terry Earley and the gang at Yadkin Bank for their successful sale to FNB Pennsylvania and the creation of a new regional power in the Mid-Atlantic and Southern states. No apology.

Utah 60

Utah System Community Marketing 60

Gonzobanker

DECEMBER 19, 2016

Acquisition of the Year – Guaranty Bank and Trust Company in Colorado for its acquisition of Home State Bank. Sale of the Year – Scott Custer, Terry Earley and the gang at Yadkin Bank for their successful sale to FNB Pennsylvania and the creation of a new regional power in the Mid-Atlantic and Southern states. No apology.

Utah 60

Utah System Community Marketing 60