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15 Minutes With … Jimmy Rasmussen

Independent Banker

IB: You were recently reelected to serve a second term on the Federal Reserve Bank of Dallas board of directors. Rasmussen: Yes, it is an honor to serve the Group 3 Banks in Texas, southern New Mexico and northern Louisiana for three more years. Group 3 includes the smallest banks in the state with the majority in rural areas.

Dallas 131
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5 New Year’s Resolutions For Any Sized Bank That You Must Get Right in 2023

South State Correspondent

Despite a 30% increase in expected losses in markets like Dallas, Atlanta, D.C., Charlotte, Houston, Phoenix, New York, Austin, Denver, Orlando, Miami, and Nashville, many banks have not adjusted pricing or their credit appetite. As a result, national banks are eroding the customer base of the community bank.

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Bankers: Is your strategy the same as your competitor?

Jeff For Banks

These services are provided through a variety of delivery systems including automated teller machines, private banking, telephone banking and Internet banking. We believe we can effectively compete as a community bank in our market area and the niche markets we serve. We focus our marketing efforts in three areas.

Strategy 101