South State Correspondent

FEBRUARY 12, 2023

The borrower chose the ten-year fixed-rate option, and the economic comparisons for the lender and borrower are outlined below. This specific community bank uses a hedging program as a proactive tool to win new business and not just to react when a customer threatens to leave for a competitor.

Community Bank 195

Community Bank Community Case Study Strategy 195

South State Correspondent

NOVEMBER 7, 2023

One successful loan proposal tactic for community banks to improve their acceptance rate is to embrace the old marketing rule of the “power of three.” Positioning through comparison is a potent tool. We review hundreds of term sheets and proposals for commercial borrowers each month.

Community 195

Community Comparison Tools Marketing 195

Independent Banker

AUGUST 31, 2022

Community banks can get up to speed on current legislation and regulations to both protect their customers from unauthorized or false deposit account transactions and to prevent them from happening in the future. of Regulation E specifies the timing and steps banks must take to investigate and resolve EFT errors consumers allege.

Community Bank 91

Community Bank Regulation Community Training 91

PYMNTS

FEBRUARY 19, 2018

According to a report, the new group of banks to now support Apple Pay include American Eagle Financial Credit Union, Central Virginia Federal Credit Union and Community Bank & Trust of Florida, among others. percent — of payments executives are focused on price comparison tools.

Payments 144

Payments Apple Comparison Virginia 144

Independent Banker

OCTOBER 1, 2021

For the purposes of the Q2 2021 UBPR, regulators placed a Texas-based community bank into a nationwide group of other banks with assets between $300 Million and $1 Billion (“PG5”). for the bank and an average value of 3.40 Example: Net Interest Margin (NIM). Looking at NIM, in Q2 2021, the UBPR indicated a value of 3.52

Analysis 91

Analysis Texas Groups Examples 91

PYMNTS

SEPTEMBER 18, 2017

The ABA also expressed concerns that, once data is collected and organized, manipulation in how that data is categorized and analyzed could lead to “contrive[d] assertions of discrimination in small business lending.”.

Data 101

Data Lending Comparison Community Bank 101

Abrigo

AUGUST 11, 2016

Credit unions have taken note of this trend and responded, producing eight out of the top 10-rated banking apps, according to a ranking by MagnifyMoney , a financial-product comparison website. Bank acquisitions by credit unions did not exist until 2011, when St. out of 5 points, where 5 points is a perfect user rating.

Michigan 150

Michigan Milwaukee Indiana Wisconsin 150

Abrigo

OCTOBER 23, 2014

CEIS Review , a New York-based bank consulting firm, highlights the shift in a recent article. Community banks certainly want to remain conservative with risks and follow regulations. When these reports aren’t provided, the bank is at risk of suffering loan portfolio quality problems that aren’t easily remedied.

Risk Management 186

Risk Management Management Lending Resources 186

Jeff For Banks

JUNE 2, 2023

Between 1980 and 1995, more than 2,900 banks and thrifts with collective assets of more than $2.2 More recently and by comparison, the mortgage meltdown and subsequent global financial crisis took down more than 500 banks between 2007 and 2014, with total assets of nearly $959 billion. trillion failed.

FDIC 78

FDIC Community Bank Regulation Lending 78

Jeff For Banks

DECEMBER 16, 2022

As a point of reference, the S&P US BMI Bank Total Return Index for the five years ended December 9, 2022 was -1.21%. Before we begin and for comparison purposes, here are last year's top five , as measured in December 2021: #1. Silvergate Capital Corporation (NYSE: SI) #2. MetroCity Bankshares, Inc. Nasdaq: MCBS) #3.

Puerto Rico 78

Puerto Rico Virgin Islands Community Community Bank 78

Abrigo

MAY 20, 2015

An innovation like that can make the Apple Watch and Bitcoin seem archaic in comparison. Other tech updates in banking aim to make their customers’ experience more personal and convenient. For community banks and credit unions, this may be more of a challenge.

Apple 150

Apple Comparison Mobile Innovation 150

Abrigo

JUNE 5, 2023

the Community Bank Leverage Ratio (CBLR) and the minimum Tier 1 leverage ratio). The capital ratios report helps ensure the institution maintains capital commensurate with the level and nature of risks to which it is exposed.

Report 195

Report Risk Management Capital Data 195

Jeff For Banks

DECEMBER 13, 2018

As a point of reference, the SNL US Bank & Thrift index total five year return was 45%. Before we begin and for comparison purposes, here are last year's top five , as measured in December 2017: #1. Independent Bank Corporation (Nasdaq: IBCP) #3. The Bank operates five full service offices. Old Second Bancorp, Inc.

Oregon 101

Oregon Ohio California Community Bank 101

Independent Banker

MARCH 15, 2015

Technology companies are releasing ever-more sophisticated and accessible biometric authentication systems for banks, from real-time voice recognition, to fingerprint and ear scans, to facial scans via selfies, to detecting an individual’s particular behavior patterns. Avivah Litan, a technology analyst at Gartner Inc. in Potomac, Md.,

San Francisco 70

San Francisco Community Bank System Technology 70

Independent Banker

FEBRUARY 24, 2015

Technology companies are releasing ever-more sophisticated and accessible biometric authentication systems for banks, from real-time voice recognition, to fingerprint and ear scans, to facial scans via selfies, to detecting an individual’s particular behavior patterns. Avivah Litan, a technology analyst at Gartner Inc. in Potomac, Md.,

San Francisco 70

San Francisco Community Bank System Technology 70

Independent Banker

JANUARY 26, 2016

As community banks attempt to grow funding for expanding their loan portfolios, most turn to a tried-and-true method: They promote a certificate of deposit “special.” that provides interest rate and product comparison information to financial institutions. Five ways to price and sell CD rates, without hurting profitability.

Omaha 70

Omaha Community Community Bank Massachusetts 70

Jeff For Banks

DECEMBER 7, 2019

As a point of reference, the SNL US Bank & Thrift index total five year return was 65%. Before we begin and for comparison purposes, here are last year's top five , as measured in December 2018: #1. It is the Mountlake Terrace, Washington holding company for 1st Security Bank, a $1.7 Carolina Financial Corp. They are a $6.2

Indiana 78

Indiana Oregon South Dakota Community Bank 78

CFPB Monitor

JANUARY 29, 2015

The ABA believes the tool should be removed and reconsidered based on its concerns which include the following: The calculator is not an adequate shopping comparison tool for consumers because the interest rate figure it provides excludes significant transactional costs and interest prepayments in the form of points.

Tools 60

Tools Comparison Community Bank Lending 60

Independent Banker

FEBRUARY 24, 2015

As a consequence, supply-siders, like your bank’s brokers, tend to avoid using them during a sales pitch. It’s ironic, therefore, that one of those terms should actually be embraced by community bank investment managers, and should be used to begin the discussion of what’s suitable for their bank’s portfolio. They are 1.)

Management 70

Management Community Bank Community Comparison 70

Gonzobanker

MARCH 6, 2020

Peer comparison metrics can be a valuable tool for evaluating staffing levels relative to production and portfolio volumes. One of Cornerstone’s community bank clients uses RPA to reverse temporary daily POS limit increases, which its related bank system does not permit, eliminating a formerly manual daily process.

Operations 93

Operations System Groups Technology 93

Independent Banker

APRIL 28, 2016

I try to give the Fed staff various performance numbers on our banks, what their projected numbers will be before the call reports are filed, and what their short-term forecasts are projecting. Finally, I focus on economic news in our markets, which include five communities south of Houston.

Dallas 131

Dallas Texas Houston Community 131

South State Correspondent

APRIL 24, 2022

Banks have ceased using LIBOR to price assets and liabilities after 2021. However, some community banks are still deciding on the correct term lending index to adopt. Many banks are uncertain that they have chosen the best term index for their products and markets. Banks prefer an index that follows their cost of funding.

Lending 195

Lending Community Bank Community Marketing 195

Jeff For Banks

DECEMBER 22, 2013

For comparison purposes, here are last year''s top five , as measured during December, 2012: #1. Bank of the Ozarks, Inc. #3. Especially if I believe community banks must increasingly be known for some niche to differentiate. The branchless community bank operates in the Wilmington-Philadelphia market.

Community Bank 89

Community Bank Atlanta Community Strategy 89

Jeff For Banks

DECEMBER 29, 2020

As a point of reference, the S&P US BMI Bank Total Return Index for the five years ended December 23, 2020 was 46.3%. Before we begin and for comparison purposes, here are last year's top five , as measured in December 2019: #1. While the S&P US BMI Banks Index was down 16%, FDBC held serve. FS Bancorp, Inc.

North Carolina 147

North Carolina Capital Community Bank Wisconsin 147

Fintech Labs Insights

NOVEMBER 3, 2021

By comparison, in 2020 Kabbage originated $7B in PPP loans to 300,000 small businesses compared to Bluevine’s $4B. Banking: Deposits held by Coastal Community Bank ( press release ). However, that number clearly doesn’t include PPP loans. The company said it originated $8.9B in 2020 and $4.4B Business checking (with 0.6%

San Francisco 15

San Francisco Comparison Community Bank Online 15

Gonzobanker

MAY 8, 2015

As the sessions progressed a theme began to manifest that the traditional banking model has failed our customers and these digital lending platforms intend to reshape the industry, one process at a time. The lending attack on community banks and credit unions has been waged. THE PLAYERS.

Conference 60

Conference Lending Community Bank Community 60

Jeff For Banks

DECEMBER 19, 2015

Before we begin and for comparison purposes, here are last year's top five , as measured in December, 2014: #1. Open Bank (OTCQB: OPBK) #2. through its subsidiary BNC National Bank, offers community banking and wealth management services in Arizona, Minnesota, and North Dakota from 16 locations. BofI Holdings, Inc.

North Dakota 60

North Dakota Arizona Michigan Florida 60

Fintech Labs Insights

DECEMBER 30, 2016

Although the comparison is not perfect, and that’s on me for not taking my holiday tour until Dec 27. I may have missed some decorations that had already been stored in the banks’ virtual attics. That’s a pretty poor showing, way down from the 8 to 10 participants in year’s past (see links below).

Texas 20

Texas Comparison Community Bank Analysis 20

PYMNTS

MARCH 18, 2019

Also keen on the Fed’s involvement were the community banks and credit unions that worry (as they should) about having TCH as the only operator of an RTP network in the U.S. TCH is the association of the 25 largest banks in the U.S., and one of two operators of the ACH network in the U.S., the other being the Fed.

Payments 201

Payments Cards Operations System 201

Jeff For Banks

DECEMBER 18, 2014

For comparison purposes, here are last year''s top five , as measured as of December, 2013: #1. through its subsidiary BNC National Bank, offers community banking and wealth management services in Arizona, Minnesota, and North Dakota from 14 locations. This, naturally, eliminated many of the smaller, illiquid FIs.

North Dakota 93

North Dakota Arizona Minnesota Los Angeles 93

NCR

MARCH 7, 2016

These stats come to us from the 2015 FMSI Teller Line Study , a “detailed annual study of teller activity volumes” that features a “compilation of statistics from community banks and credit unions in geographic regions ranging from all across North America.”

Study 40

Study Mobile Comparison Online 40

South State Correspondent

JANUARY 30, 2024

Regarding the treatment of bank IT expenses, 75% of the budget is structured as an expense and charged within a given year. In comparison, 25% is capitalized and depreciated over three, five, or ten years, depending on the nature of the expense. Below are some of our favorite questions to discuss to ensure bank alignment.

Capital 195

Capital Operations Customer Experience Comparison 195

Fintech Labs Insights

SEPTEMBER 8, 2015

And Zmarzly believes that banks and credit unions that provide these tools will build trust with new and existing customers alike over the long run. Pictured (left to right): Hip Pocket Head of Design, Todd Cramer, and Founder and CEO, Mark Zmarzly demonstrating their Mortgage Comparison Software at FinovateSpring 2015 in San Jose.

San Jose 12

San Jose Comparison Nebraska Tools 12

Jeff For Banks

DECEMBER 26, 2012

For comparison purposes, here are last year''s top five, as measured during September, 2011: #1 BofI Holdings, Inc. #2 2 Signature Bank #3 ESB Financial Corporation #4 Bank of the Ozarks, Inc. #5 and Bank of the Ozarks, Inc. This, naturally, eliminated many of the smaller, illiquid FIs.

Texas 82

Texas National FDIC Capital 82

MyBankTracker

AUGUST 17, 2020

It makes comparison shopping easier and there’s the ability to use various methods of payments. This includes big banks, credit unions, community banks, and online lenders. Online shopping isn’t only convenient. But these aren’t the only options available to you.

Retail 52

Retail Cards Payments Online 52

South State Correspondent

SEPTEMBER 13, 2023

and $2.50, with most banks around $1.00 A comparison of incremental fees is below for comparison. Payment Innovation Will Drive Larger Value However, operating balances and transaction fees are the tip of the iceberg for banks. Outbound or send transactions are priced between $0.25 However, we are not the only choice.

Payments 221

Payments Fraud Data Taxes 221

Gonzobanker

JANUARY 14, 2016

Hey, community bank and credit union marketers: Imagine that you’re sitting in your office, and your CEO comes in and says, “Got a minute? 2) Commonwealth Bank. This Australian bank’s Zillow-type app manages the home buying process. ” You’ve got a minute. What do you say?

Community 60

Community Marketing Mobile US 60