Independent Banker

OCTOBER 1, 2022

But as the prevalence of security breaches grows, so do the opportunities for community banks to position themselves as guardians of their customers’ personal data through compliance, technology and relationship building. By Katie Kuehner-Hebert. Data privacy and security is a hot topic and is only getting hotter. Bob Hickok.

Data 91

Data How To Community Bank California 91

South State Correspondent

AUGUST 22, 2023

If one product is the future of banking, it is treasury management. With a competitive offering, it will be easier to attract the small business and mid-sized companies that a bank needs to fuel its core growth. This likely creates the most significant single profitability lift for any bank.

Management 195

Management Community Bank Survey Community 195

Independent Banker

APRIL 30, 2022

Independent Banker’s annual listing top-performing community banks of 2021 alongside interviews with some of the winners. In true community bank fashion, each has its own story to tell and its own path to success. In true community bank fashion, each has its own story to tell and its own path to success.

Community Bank 172

Community Bank Community Montana Taxes 172

Independent Banker

OCTOBER 31, 2021

“I’m not sure how we would have processed all of the PPP loans and everything else in the last 18 months without some of the technology that we have implemented,” says Chris Jundt, senior vice president and chief lending officer at First State Bank & Trust. Northpointe Bank in Grand Rapids, Mich., Cashing in on efficiencies.

Lending 91

Lending Community Bank Community North Dakota 91

PYMNTS

JUNE 20, 2018

A lack of adequate products and services is a top concern for small businesses that are unhappy with their banks, FIS noted, particularly as entrepreneurs increasingly turn toward online and mobile platforms to manage finances. ” The community bank-FinTech collaborative strategy will be instrumental in that journey, noted Butler.

Community Bank 101

Community Bank Community Fintech Survey 101

Jeff For Banks

DECEMBER 28, 2023

I work for The Kafafian Group, a community bank consulting firm based in Bethlehem, Pennsylvania. Many of my readers might not know what my firm does, so I want to dedicate this post to the problems we help community bankers solve. We guide your institution into creating an operating plan, or the "how" to strategy execution.

Groups 85

Groups Capital US Community 85

Independent Banker

DECEMBER 28, 2015

Far more than any other issue, regulatory compliance is the biggest challenge community bankers experienced in 2015, with 43 percent naming it as such in ICBA’s State of the Community Banking Industry survey. First Security, a $180 million-asset community bank in New Salem, N.D., Fearful of mistakes.

North Dakota 70

North Dakota Community Bank Community Compliance 70

Independent Banker

SEPTEMBER 21, 2015

Through hard work in the programs, she earned certifications as a Certified Community Bank Compliance Officer, a Certified Bank Secrecy Act/Anti-Money Laundering Professional, and a Certified Community Bank Internal Auditor. I’m a better compliance officer because of those programs,” she says. “I

Compliance 70

Compliance Community Bank Community Training 70

PYMNTS

OCTOBER 18, 2017

explained there is wide variation in the definition of innovation. Wain cautioned that innovation must not be born of a separate corporate agenda, or outsourced with separate functions as has been seen with innovation labs fostered by tech and banking giants and other traditional firms.

Innovation 140

Innovation Compliance Community Bank Strategy 140

Independent Banker

JULY 28, 2016

Establishing a comprehensive Compliance Management System. The demands of managing regulatory compliance are uncontested, and depending on the disposition of the participants inside and outside of the bank, compliance management exists with varying degrees of problems and adversity. By Mary Thorson Wright.

Compliance 70

Compliance Training Community Bank Regulation 70

CFPB Monitor

MARCH 26, 2015

In the letter, the ABA makes the following key comments: Additional clarity is needed in the definition of the term “prepaid account” to avoid banks being subject to second-guessing by examiners and plaintiffs’ attorneys.

Cards 60

Cards Compliance Community Bank Operations 60

Abrigo

JULY 30, 2015

What is the impact to the bank? In addition, institutions – especially community banks -- have operational concerns, McNairy added. “Do Similarly, McNairy said, banks and credit unions cannot try to retain unjustifiable levels of ALLL in order to reduce future volatility associated with CECL’s implementation. “We

Data 150

Data Community Bank Capital Compliance 150

Abrigo

MAY 8, 2024

WATCH Takeaway 1 Understanding generative AI and how peers are using AI and genAI helps financial institution leaders and management vet the technology and related risks. Knowing how AI and genAI are being used by peers and fraudsters will help financial institution leaders and management vet potential solutions and watch for risks.

Examples 195

Examples Fraud Resources Risk Management 195

Banking 2020

NOVEMBER 27, 2015

The report survey reveals that 18% of consumers in this category switched their primary bank in just the past year, compared to 10% of customers 35 to 54, and just 3% of people 55 and older. Some online-only startup, with operations based overseas? So where are they going? And don’t tune out the digital benefits just yet.

Millennials 40

Millennials Survey social media Online 40

Banking 2020

AUGUST 24, 2015

To further understand the search marketing industry, Sabrina Sexton, Product Manager at Digital Insight, sat down with Angie Gibson, a digital marketing expert, to pick her brain and learn firsthand from a leader in the industry: . Sabrina Sexton, Group Product Manager, Consumer Relationship Solutions, Digital Insight.

Industry 40

Industry Pennsylvania Marketing Mobile 40

Banking 2020

AUGUST 18, 2015

To further understand the search marketing industry, Sabrina Sexton, Product Manager at Digital Insight, sat down with Angie Gibson, a digital marketing expert, to pick her brain and learn firsthand from a leader in the industry: Sabrina: Angie, I’m first curious about how you got involved in search marketing. Sabrina: That makes sense.

Industry 40

Industry Pennsylvania Marketing Mobile 40

South State Correspondent

JUNE 27, 2023

It’s a way for banks to speak with each other, and it started to be phased in during the first quarter of this year with the goal of a complete conversion by 2025. While this is mostly the domain of large banks, there are three reasons why your community bank should consider adopting this language to increase future bank performance.

System 195

System Data Examples Payments 195

Independent Banker

NOVEMBER 30, 2021

State Bank of Texas, led by president Sushil Patel (center), has a niche working with hospitality customers like Reena and Arun Patel, who own and operate a La Quinta hotel in Dallas. Between the [Trump] administration and Congress and the regulators, they did a terrific job of allowing banks to work with their borrowers,” says Jeff W.

Community Bank 209

Community Bank Community Texas Dallas 209

Abrigo

SEPTEMBER 14, 2022

What banks need to know as the CFPB gets closer to its final rule Banks, credit unions, and other creditors may be required to collect more data for each application under a new rule. You might also like this webinar: "Fortify Your Loan Policy to Effectively Manage Credit Risk." Proposed Rule. Commenters have until Nov.

Lending 195

Lending Data Regulation Community 195

Gonzobanker

JUNE 26, 2019

Sales and pipeline management has been the bread and butter of CRM, but setting it up in an integrated and user-friendly way has been grossly oversimplified. Paducha Bank warrants mention for its redesign and standardization of a new sales process. CRM systems are still a relatively new phenomena in banking.

Idaho 140

Idaho Michigan System Lending 140

Insights on Business

DECEMBER 7, 2016

Against this backdrop of volatility, Canadian banks have also seen consistently downward pressure on return on equity (ROE) over the past three years, with margins slipping on everything from interest income to operating costs. Once migration is done, close the old bank. Joanne Friedman , PhD., CEO at ConneKted MInds Inc.

System 70

System Fintech Innovation Industry 70

Gonzobanker

DECEMBER 22, 2014

Bank Acquisition of the Year - BB&T Corp. Nice community bank culture fit between the two as well. Bank Merger of the Year – California United Bank and 1 st Enterprise Bank in Los Angeles. Loan numbers are still managed with Excel spreadsheets and assigned at document prep time.

Los Angeles 101

Los Angeles Apple Risk Management California 101

FICO

MAY 6, 2020

A week or two before the PPP is created by the CARES Act, most of the bank’s small business customers are already shutting down various business activities. Lots of small business owners are calling Greg in a panic and asking how to manage their enterprise since cash flow has dwindled. This leads to a lot of loan deferments.

Community 52

Community Community Bank Lending System 52

Abrigo

JULY 23, 2021

It is a concept that we have all heard of, however, the concept remains somewhat of a mystery in the community bank world. Below are terms and definitions that will be referred to in this article. See Part I: Implications for Community Financial Institutions. Screen daily for duplicate addresses.

National 195

National Training United States Regulation 195

PYMNTS

APRIL 9, 2016

Jamie Dimon, on the other hand, clearly has a definitive opinion and clearly rather wishes that big banks — like the one he is CEO of at JPMC — were not quite so widely considered the economic system’s go-to villain. “In If not us, it will be someone else and, likely, a Chinese bank.”. I’m not ready for Tinder, however.)”.

Regulation 100

Regulation Lending Omaha America 100