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.

Conference 195

Conference Retail Community Bank Technology 195

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.

Management 195

Management Survey Industry Community Bank 195

PYMNTS

OCTOBER 22, 2019

This developing world of payments and the fierce competition offered by non-traditional providers of financial services presents big challenges to smaller and community banks – those financial institutions (FIs) with less than $10 billion in assets. That brings [smaller] banks an immediate string of deposits,” Good said.

Community Bank 116

Community Bank Community Operations Leadership 116

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.

Digital Banking 256

Digital Banking ATM Mobile Atlanta 256

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.

Community Bank 28

Community Bank Training Mississippi Community 28

Independent Banker

APRIL 30, 2018

I am proud of what ICBA has accomplished over its 88-year history and optimistic about what the future holds for community banks. I’m honored to be part of that future and look forward to leading ICBA as we write the next chapter of the community bank story. Now, the future is ours for the taking. Mission: Flourish.

Community Bank 70

Community Bank Community Leadership Industry 70

PYMNTS

JANUARY 8, 2019

Loyalty and rewards are indeed “table stakes at this point,” but consumers increasingly want something more — and that includes not only larger global financial institutions (FIs), but credit unions as well as community and regional banks. That’s easier said than done, of course. Cigar Experience. Real-Time Data.

Cards 140

Cards Software Regional Course 140

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. In 1965, the First National Bank of Hallstead merged with nearby Hop Bottom National Bank to form today’s Peoples National Bank.

Community Bank 60

Community Bank Pennsylvania National Community 60

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.

Community Bank 72

Community Bank Community Policies Leadership 72

Independent Banker

JULY 31, 2022

Following their stints as interns, Malvern Bank retained the talents of (L to R) Cody Sorenson, Keegan Wederquist and Adam Konfrst, hiring them as full-time, mid-level team members. These community banks share how they have (or haven’t) altered their hiring strategies. Total employment quit rates by region: Northeast.

Community Bank 91

Community Bank Community Iowa Louisville 91

Independent Banker

MARCH 15, 2015

The ICBA and community bank campaign to improve those rules has included a comprehensive study on their impact that was released before the CFPB announcement of its proposed changes, which are expected to be formally adopted. Of course, this community bank victory is not the result of just one survey.

Washington 70

Washington Community Bank Community Survey 70

Independent Banker

FEBRUARY 24, 2015

The ICBA and community bank campaign to improve those rules has included a comprehensive study on their impact that was released before the CFPB announcement of its proposed changes, which are expected to be formally adopted. Of course, this community bank victory is not the result of just one survey.

Washington 70

Washington Community Bank Community Survey 70

Independent Banker

FEBRUARY 24, 2016

Mark Vis, a real estate and commercial loan officer with First State Bank Southwest, a $250 million-asset community bank in Worthington, Minn., This ups the ante for banks courting certain business owners, particularly those managing startup companies. Morton, a senior lender at the $120 million-asset community bank.

Trends 79

Trends Community Bank Lending Community 79

Gonzobanker

MARCH 23, 2020

Our course of action is to understand what we know, acknowledge what we don’t know, and be decisive as we balance the two. Cornerstone Advisors has been a broken record telling the story of a community banking industry that’s falling behind in online and mobile capabilities. But how can we prepare for the unpredictable?

Community Bank 152

Community Bank Tools Case Study Online 152

Jeff For Banks

NOVEMBER 19, 2014

The chart above, taken from a Harvard Business School Working Paper: The State of Small Business Lending written by a former SBA Administrator and also published in July, shows that only 34% of small businesses use a regional or community bank as their primary financial institution. Yes, a loan is the most often cited.

Lending 95

Lending San Francisco Community Community Bank 95

PYMNTS

JULY 25, 2017

For value, the Federal Reserve estimates that a college grad will make about $830,000 over the course of a lifetime; the Georgetown University Center for Education and the Workforce estimates the value at around a cool million. There are currently 13,000 community banks in the U.S.,

Lending 100

Lending Community Bank Millennials Community 100

Independent Banker

DECEMBER 13, 2015

Certain mobile functions and features are essential to the success of a community bank’s mobile banking offerings. Newfangled mobile capabilities could help community banks stand apart from their competitors. Funds transfer (within same bank). If their bank can’t do this, what else can’t they do?”

Community Bank 70

Community Bank Boston Community Iowa 70

Independent Banker

NOVEMBER 24, 2015

Certain mobile functions and features are essential to the success of a community bank’s mobile banking offerings. Newfangled mobile capabilities could help community banks stand apart from their competitors. Funds transfer (within same bank). If their bank can’t do this, what else can’t they do?”

Community Bank 70

Community Bank Boston Community Iowa 70

Independent Banker

NOVEMBER 24, 2014

Jim Gowen, Merchants & Planters Bank. Central Region Award Recipient. Merchants & Planters Bank. Bank assets: $250 million. When Gowen first arrived at Merchants & Planters in 1983 to serve as its president and senior lending officer, the bank had two branches and $47 million in assets. Jim Gowen Sr.

St. Louis 105

St. Louis Community Bank Community Leadership 105

Banking 2020

OCTOBER 30, 2014

For our most recent FI Highlight, we spoke with Dianne Larsen, senior vice president, director of marketing, Banner Bank. Dianne shared insight on Banner Bank’s recently redesigned website and new marketing initiatives to further their approach as a “ super community bank.”. Dianne Larsen, Banner Bank.

Community Bank 95

Community Bank Branding Marketing Mobile 95

PYMNTS

FEBRUARY 1, 2019

Last year, Venmo launched a Mastercard -branded debit card — one method of monetization, as transactions done on the card can be identified, of course, as originating from Venmo cards. The aim is to enable consumers who use Venmo to spend their balances in more places. Any merchant that accepts Mastercard payments can accept the Venmo cards.

Cards 179

Cards Payments Mobile Operations 179

Jeff For Banks

APRIL 25, 2014

This all comes with fewer banks than there were in 2007. Investment bankers will tell you the definitive answer, which is of course their opinion. Year to date through April 22nd, there were 73 announced deals, putting us on track for a similar number of deals to last year. What is driving deal volume? Our combination.

Community 95

Community New York Indiana Connecticut 95

American Banker

JUNE 3, 2016

Not JPMorgan, of course. "It Probably community banks. … Speaking about the overheated market for auto lending, Jamie Dimon, CEO of JPMorgan Chase, said "someone is going to get hurt." It won't be us," Dimon said.

Lending 28

Lending Community Bank Course Community 28

Jeff For Banks

MARCH 21, 2024

ISMs and regional Fed surveys have been mostly negative for months on end. Of course, if the Fed eases enough soon, we can avoid bad outcomes. DLJ 03/15/24 Dorothy Jaworski has worked at large and small banks for over 30 years; much of that time has been spent in investment portfolio management, risk management, and financial analysis.

Marketing 148

Marketing Policies Report Atlanta 148

Independent Banker

JULY 1, 2015

As a successful commercial lending specialist for more than 30 years, Jamey Smith, Houston region CEO of Citizens Bank in Kilgore, Texas, has pursued a strategy of getting an in-depth understanding of potential customers and their businesses. He’s the epitome of a community bank lender.”.

Analytics 70

Analytics Houston Texas Training 70

Independent Banker

MARCH 31, 2022

We asked community banks how they’re dealing with the resulting shifts in their employment models. Before remote work was an emergency measure to keep employees safe from a devastating virus, it was a perk some community banks offered to retain and attract talent. One bank that is not turning back. WesBanco, Inc.

Missouri 142

Missouri Community Bank Community Management 142

Gonzobanker

SEPTEMBER 10, 2019

Temenos leadership – first Akcelerant founder Jay Mossman and then Akcelerant/FIS/Sanchez veteran Emily Steele – wins points with the Cornerstone team for straight talk and course-correcting to avoid the common international player sin of over-commitment and under-delivery. market has been a hard row to hoe for Temenos.

United States 92

United States Texas Austin Kansas City 92

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. Shirley Nelson , Summit Bank. Bank Headquarters: Oakland, Calif.

Oakland 98

Oakland Community Bank Community Industry 98

South State Correspondent

APRIL 6, 2022

For the average community bank, the cost of capital is currently hovering around 11.83%, which means banks need to produce above that amount in risk-adjusted return on capital (RAROC) to stay in business. On average, banks have increased their allocated capital from 10% to 11%.

Capital 195

Capital Training Management Atlanta 195

Gonzobanker

DECEMBER 20, 2019

. ————————————————————————— The ‘En Vogue’ Trend of the Year – Credit unions buying community banks. Accounts that maintain an average balance of at least $10,000 get paid higher rates.

Idaho 148

Idaho Conference Data Marketing 148

Gonzobanker

FEBRUARY 7, 2018

At the same time, most bank executives agreed that a 20%-25% increase in earnings from the tax break is being earmarked for investments in their franchises: market expansion, raises for employees and, of course, technology investments.

Taxes 79

Taxes Video Analytics Arkansas 79

Gonzobanker

DECEMBER 19, 2016

Mergerama Region of the Year – The Midwest: Huntington-First Merit, Chemical-Talmer, Old National-Anchor … the list goes on. Or the need to take market share in a slowest growth region? Acquisition of the Year – Guaranty Bank and Trust Company in Colorado for its acquisition of Home State Bank. Is it in the water?

Utah 60

Utah System Community Marketing 60

Gonzobanker

DECEMBER 19, 2016

Mergerama Region of the Year – The Midwest: Huntington-First Merit, Chemical-Talmer, Old National-Anchor … the list goes on. Or the need to take market share in a slowest growth region? Acquisition of the Year – Guaranty Bank and Trust Company in Colorado for its acquisition of Home State Bank. Is it in the water?

Utah 60

Utah System Community Marketing 60

Jeff For Banks

NOVEMBER 16, 2020

Jamie Dimon, CEO of JP Morgan Chase, said recently that we need to reopen the economy, safely of course, and especially in New York City. Our regional economy, covered by the Philadelphia Federal Reserve’s Third District, is doing well into the fourth quarter. Did you manage a vacation over the summer? year-over-year, respectively.

Marketing 78

Marketing National New York City Taxes 78

Independent Banker

FEBRUARY 16, 2015

Sherrod Brown (D-Ohio), two lawmakers tapped to lead the Senate Banking Committee for their respective parties, are both independent-minded senators who hold positive views on several priority community banking issues. Richard Shelby (R-Ala.) So I would say he’s open to things we are concerned about.”.

Community Bank 70

Community Bank Alabama Ohio Community 70

PYMNTS

AUGUST 14, 2017

The merger, of course, spotlights a trend of consolidation within the payments space, and to be sure, in terms of size and scope, the Vantiv deal is one for the record books. The combined entity, using annual data at the end of 2016, will be processing at least $1.5 Pro-forma, the merger creates a firm with more than $3.2

Fintech 100

Fintech Regulation United States Lending 100

PYMNTS

APRIL 9, 2016

Warren Buffett, of course, can, more or less, be counted on to be interesting in his annual remarks. Dimon went on to discuss, at some length, the “mission-critical” services that big banks can supply are the types of things “regional and community banks simply cannot do.”. Buffett is correct.

Regulation 100

Regulation Lending Omaha America 100