Independent Banker

JANUARY 31, 2022

Southern Bancorp partners with other community banks to increase loan accessibility and financial literacy to low-income customers. As CEO of Southern Bancorp, Darrin Williams wants to promote relationships between community banks and CDFIs to create more prosperous communities. Better serving its communities.

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Community Bank Community Leadership Arkansas 172

Jeff For Banks

APRIL 4, 2010

Community banks tout themselves as better than national and regional banks because of how close they are to their communities. But this opinion ignores the generations of history many banks across our great land have built. When the bank opened in 1905, Hallstead was already a thriving community.

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Community Bank Pennsylvania National Community 60

South State Correspondent

MARCH 6, 2023

We argued that community banks should favor 1.40X to 1.50X DSCR credits, as that is the minimum cash flow required to withstand a standard recession. Many national and regional banks incorporate a minimum debt yield ratio as an underwriting criterion. debt yield ratio ($135k divided by $1.5mm).

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Community Bank Community Lending Regional 195

Independent Banker

JUNE 30, 2022

A new approach to loan protocols is just one way for community banks to grow in new and different directions. Amid changing economic conditions and rising rates, it’s a good time for community banks to re-evaluate their loan strategy with an eye on adaptability. David, Community Bank Consulting Services, Inc.

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Lending Strategy Community Bank Community 103

Independent Banker

DECEMBER 31, 2021

To satisfy the banking needs of some commercial and high-net-worth clients, some community banks provide trust and tax strategy services. These banks report that specialized services are a way to deepen their already close customer relationships. United Community Bank in Mount Sterling, Ill., By Don Sadler.

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Taxes Community Bank Community Strategy 91

PYMNTS

APRIL 8, 2020

So far, $50 billion across 178,000 loans have been approved according to Larry Kudlow, the director of the National Economic Council. Further, community banks are nearly out of cash. Those loans are forgivable if used primarily for payroll over the course of eight weeks.

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Meeting New Jersey New York Community Bank 217

South State Correspondent

SEPTEMBER 20, 2023

Of course, all things are rarely equal. More importantly, the customer is more service-sensitive and has more engagement with the bank. National and regional banks control 70% of the cash management market, yet most cash management customers choose their bank because of service.

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Management Survey Industry Community Bank 195

PYMNTS

MARCH 26, 2020

To regain some of that ground, Connie Davis, senior vice president at FIS , told PYMNTS in a recent interview, FIs — particularly credit unions (CUs) and community banks — must transform the way they think about digital offerings and connected experiences. That means they can compete more effectively against digital-only competitors.

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Community Community Bank Mobile Cards 247

South State Correspondent

DECEMBER 11, 2022

The yield curve shape is an excellent opportunity for community bankers to provide sound risk mitigation and balance sheet management advice to borrowers. We see many community bank borrowers desperately seeking a trusted advisor to help guide them through this volatile cycle. We have a beef with this particular concept.

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How To Community Community Bank Examples 195

Independent Banker

DECEMBER 31, 2022

Community banks can help prevent, identify and report financial elder abuse. A number of ICBA solutions provide community bankers with the tools they need to assist customers who may be experiencing financial exploitation. ICBA Community Banker University courses. How to respond to elder financial abuse.

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Training Community Resources Course 91

PYMNTS

OCTOBER 6, 2020

“Nobody wants to go into bank branches, nobody wants to touch cash anymore, and people are increasingly comfortable living their lives through their phones,” Britt said, per CNBC. “We Of course, the pandemic has forced banks – like all businesses – to rethink their priorities and make adjustments to how they interface with customers.

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Digital Banking ATM Mobile Atlanta 256

South State Correspondent

DECEMBER 8, 2023

The need to reduce cost, the move to instant payments, and the need to deliver more unique products and services are all driving this effort at credit unions, community banks, and mid-sized banks. Some banks also segment customers along affinity lines such as veteran, woman, or minority-owned businesses.

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Conference Retail Community Bank Technology 195

South State Correspondent

FEBRUARY 22, 2024

Banks consistently produce under their cost of capital. For example, at present, return on equity performance is about 12% for the average community bank. However, for the average bank, their cost of capital is between 9% and 14% depending on the bank’s equity liquidity with an average of 12.5%. Why is that?

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How To Strategy Capital Lending 195

PYMNTS

JULY 3, 2020

People’s United Bank Senior Vice President of Treasury Management Cris Sigovitch told PYMNTS that while access to payables FinTech solutions is important, perhaps even more essential is access to a trusted partner that can guide firms toward a resilient and future-proof AP department. ” Offering the Right Tools.

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Regional New Hampshire Tools Vermont 214

American Banker

AUGUST 28, 2016

Roughly once a quarter senior executives at Community Bank in Brandon, Miss., The trips are part of a management training course known as the Falcon Program that took flight in 2012. take a select group of up-and-coming managers on a three-day retreat.

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Community Bank Training Mississippi Community 28

Independent Banker

SEPTEMBER 30, 2021

In this feature, we’ll look at a number of ways you can continue to build trust—an especially crucial task as the pandemic continues, telecommuting persists and consumer banking practices evolve. But for most community banks, building a trustworthy brand isn’t a conscious effort. billion-asset community bank.

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Community Community Bank social media Security 139

Jeff For Banks

JANUARY 27, 2011

I was at a strategic planning retreat a few weeks back where a colleague lauded the concept of bankers getting back to plain vanilla community banking. Valley National had an ROA in the fourth quarter of 1.08%. FIs are not like speed boats, where the driver can change course on a dime. I hear and read this often.

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Community Bank Community Apple National 73

Independent Banker

JULY 29, 2016

These in-depth and timely professional development programs are designed exclusively for community bankers and led by nationally recognized industry experts who know the issues community banks grapple with. Each certification course is designed to prepare bank professionals to handle essential tasks and responsibilities.

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Minneapolis Community Bank Community San Antonio 70

PYMNTS

APRIL 24, 2019

In addition, Ally Bank and Barclays have high-yield offerings that earn 2.2 Of course, those more than beat the national average on checking accounts, which is currently at a 0.08 percent interest rate, while money market accounts return an average 0.21

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FDIC New York Community Bank Course 108

Independent Banker

MAY 31, 2019

Having that door opened to me unleashed a passion to do more to help community banks flourish. In my late 20s, I was honored to join the Board of the Independent Community Bankers of New Mexico, where I focused on ways I could help meet our state’s community banking needs. Where I’ll be this month.

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Community Bank Leadership Community Idaho 70

South State Correspondent

MAY 9, 2023

Over the last ten years, banks have reduced the differences in deposit rates between different areas, and now with the rise of technology and more national bank platforms, we see less and less geographical sensitivity to rates. This trend will continue until there is little arbitrage banks can extract over geographies.

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Data Training National System 195

Independent Banker

JULY 30, 2015

Lindsay LaNore is responsible for ICBA’s new Community Banker University. She leads a team that works to identify, develop and offer courses that meet community banks’ educational needs. Her role is to make certain that relevant education is provided in a responsive manner to all community bank members. “I

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Resources Tools Community Bank Conference 70

Independent Banker

JUNE 28, 2016

And community banks have long played an integral role in our country’s extraordinary leap forward in human progress. In this political environment Americans should not lose sight of how central and essential our uniquely diversified community banking system remains to our country’s historic ideals and prosperity.

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Community Bank Community Maine Course 70

Independent Banker

JULY 28, 2016

Senate Banking Committee. She explained why lawmakers should exempt community banks from Basel III capital rule. Community bankers score big changes in final credit-loss standard. Speaking Out—ICBA Chairman Rebeca Romero Rainey (far left) testified in June before the U.S. By James Kendrick. Concessions stand.

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Community Bank Community Connecticut Regulation 70

Independent Banker

MARCH 27, 2016

That’s why community banking resonates so strongly with me. Community bankers aren’t just there for their customers during work hours on weekdays. Without fail and without hesitation, you can count on ICBA to vigorously defend and promote your community bank and your industry’s reputation. This is why ICBA exists.

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Community Bank Community Washington Virginia 70

Independent Banker

JANUARY 26, 2016

With the ICBA Community Banking LIVE® conference just around the corner, I can’t help but think about how lucky we are as community bankers to have such amazing networking and education opportunities throughout the year—both in person and at our fingertips. Not only that, the convention makes us better community bankers too.

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Conference Community Community Bank Resources 70

Independent Banker

JANUARY 31, 2023

Illustration by Maïté Franchi With educational sessions on hot‑button issues, inspirational speakers and beneficial networking opportunities, ICBA LIVE is the greatest community banking event in the country. Everyone leaves the event with new information in hand to put into action back at their bank.” New connections.

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Honolulu Community Community Bank Leadership 91

Independent Banker

SEPTEMBER 21, 2015

imberly Anderson, senior vice president and chief administrative officer of Cañon National Bank in southern Colorado, became her community bank’s loan compliance officer in 2003. In early 2004, examiners visited her $253 million-asset bank, an experience that revealed a need—someone with a stronger compliance background.

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Compliance Community Bank Community Training 70

Jeff For Banks

JULY 13, 2023

But can it be for the community banks that would covet the customers that make up the $1.9 Wells Fargo was slapped with a similar CO back in 2016, while they were third in the nation in deposit market share. It was Respondent’s practice to obtain consumer reports in the course of considering consumers for new credit cards.

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Cards Community America Community Bank 78

Independent Banker

MAY 24, 2016

For example, the accounting standard will now be crystal clear that community banks can forgo certain unnecessary or inappropriate disclosures. They avoid what otherwise would have become seriously unworkable accounting requirements for community banks. Of course, public policymaking never ends. Reach Camden R.

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Community Bank Community Policies Leadership 72

Independent Banker

FEBRUARY 24, 2016

Greg Steverson (left) successfully manages a $100 million institutional investment portfolio for Ledyard National Bank in Norwich, Vt. Mikella Newsom (middle) successfully manages a $325 million institutional investment portfolio for City Bank in Lubbock, Texas. Investment principles of top bank portfolio managers.

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Community Bank Community Texas Management 70

Abrigo

MAY 5, 2022

It also examines how community banks are different than other types of financial institutions, along with strategies for optimal operations. Of course, there are numerous other excellent banking podcasts available that are worth a listen. Other podcasts of note to check out.

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Community Lending Maine Resources 195

South State Correspondent

OCTOBER 25, 2023

The Cost of Checking Of course, as checks decline, the incremental cost increases. Take the direct and indirect cost to manage a check from the banking perspective and divide that by the total number of checks per year as detailed above, and you have the graphic below detailing the recent history of a cost per check.

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Fraud ATM Payments Management 195

Independent Banker

OCTOBER 29, 2014

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. This is really the moment for community banks to show that they’re a fit for millennials.

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Millennials Community Bank social media Community 110

Independent Banker

JANUARY 28, 2016

As in past years, community bankers will have a dynamic regulatory environment to contend with in 2016. Safety and soundness concerns will remain a prominent driver of that supervisory dynamic for community banks. What should community banks anticipate here? IB: So what should community banks anticipate here?

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Community Bank Community Regulation Lending 70

Independent Banker

NOVEMBER 24, 2014

“I love being around people, and people are what community banking is all about.” Shirley Nelson, Summit Bank. Overcoming various long odds over the years, Shirley Nelson launched and then grew a thriving California community bank. National Award Recipient. Shirley Nelson , Summit Bank.

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Oakland Community Bank Community Industry 98

Jeff For Banks

MARCH 21, 2024

Our lives changed forever from this whole experience of the government’s declaration of a national emergency, leading to forced shutdowns of businesses and schools, mandated mask wearing, forcing 6-foot distances between people, travel restrictions, fear mongering with case and death counts, and forced vaccines/boosters.

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Marketing Policies Report Atlanta 148