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How a Community Bank Launched a Retail Crypto Platform

ABA Community Banking

Banks of all sizes are hearing from many customers that they want exposure to the fast-growing but volatile cryptocurrency market. Vast Bank recently became the first nationally chartered, FDIC-insured bank to offer crypto banking.

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An abundance of caution: Cryptocurrency and Community Banks

Long Lasting Ideas

For those of us of a certain age, cryptocurrencies like bitcoin and others seem like a shadowy mystery figure in a 1940’s film noir classic. So it was for me, until cryptocurrency came home. A quick story: A few years back, my son invested $100 in a cryptocurrency exchange, Mt.

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7 Reasons To Focus More on Hedge Fee Income

South State Correspondent

Many community banks are searching for ways to increase fee income, and many bank CEOs have concluded that fee income is a significant driver of revenue and profitability. We argue that larger banks do not have an inherent advantage over community banks in generating fee income because of their scale.

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ICBA LEAD FWD Summit

Independent Banker

LEAD FWD is the only national leadership conference specifically for community bankers. Community bankers had the chance to reconvene at a cocktail reception and evening networking event. LEAD FWD attendees had the opportunity to learn about cryptocurrency, employee engagement and more.

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Charles Potts: 2021: A year of awakening

Independent Banker

Community bankers’ awakening to new possibilities has made for an impactful year and will help position community banks to flourish in 2022 and beyond. This awakening to innovation among community banks continues to spread. Take, for example, Queensborough National Bank & Trust Co. in Augusta, Ga.

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Why (and How) a Community Bank Cultivates Crypto & Cannabis Clients

The Financial Brand

A small Florida bank seeks to fill a niche by serving riskier businesses — nationally — that other financial institutions shy away from. The post Why (and How) a Community Bank Cultivates Crypto & Cannabis Clients appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

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B2B FinTech On The Cusp Of Change

PYMNTS

200 community banks have cut ties with Lending Club following the sudden departure of the alternative lender’s CEO and the subsequent hit to share prices, which reverberated across other alt-finance players. SMEs want banks to offer bitcoin services , suggesting the cryptocurrency may not be such a failure after all.

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