Independent Banker

DECEMBER 31, 2021

Let’s rediscover what it means to be community bankers. Let’s exercise our nimble natures to exceed customer expectations. Because as community bankers, it’s what we do. That just may be community bankers’ word of the year. Let’s rediscover what it means to be community bankers. Photo by Heather Esposito.

Community 171

Community Exercises Community Bank US 171

Independent Banker

NOVEMBER 30, 2022

In 2022, ICBA’s award-winning ThinkTECH Accelerator program reached more community banks with innovative solutions and partnerships than ever before. For ICBA and our community bank members, 2022 was a year full of potential. By Charles Potts, ICBA. I couldn’t agree more.

Community Bank 99

Community Bank Community Innovation Atlanta 99

The Emmerich Group

APRIL 11, 2024

Rate matching is the most destructive force in community banking today. And because of it, as a community bank, you are underpaid for the value you deliver. A few years ago, we had a bank that brought several of their executives and their President to our event. You deserve to get paid more. How does that sound?

Video 36

Video Community Bank Community Exercises 36

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?

How To 195

How To Strategy Capital Lending 195

Independent Banker

APRIL 30, 2022

During the pandemic, many community banks needed to change how they operated. It can clarify roles and responsibilities, encourage timely communication and help community banks operate more efficiently. When the pandemic hit in early 2020, mitigating risk took on a whole new meaning for community banks.

Oregon 91

Oregon Community Bank Community Meeting 91

ABA Community Banking

OCTOBER 8, 2017

Bank with savings roots grows via commercial, exercises caution on CRE Management Financial Trends CSuite Community Banking.

Exercises 40

Exercises Community Bank Community Trends 40

ABA Community Banking

SEPTEMBER 14, 2022

After a long legislative and regulatory advocacy effort, federal thrifts can finally elect "covered savings association" status, allowing them to exercise national bank powers without having to change their charters, holding companies or cultural identities as savings institutions.

Exercises 52

Exercises National Company Community Bank 52

Gonzobanker

APRIL 3, 2019

Deploy strategic delivery plans—aligning with strategic or tech plans —that may start with a journey-mapping exercise. Focus on digital marketing and social media , supplemented with physical outreach to drive digital , such as enhanced contact centers, bank-at-work programs, trade shows, art exhibits and other outreach.

social media 125

social media Exercises Millennials Training 125

ABA Community Banking

MARCH 26, 2020

Asset-liability management is often treated as a compliance exercise, not a decision engine. How can ALM help improve banks’ performance? . The post Getting the Most Value from Your ALM Process appeared first on ABA Banking Journal.

Exercises 69

Exercises Compliance Management Taxes 69

Gonzobanker

MAY 31, 2019

article , former Small Business Administration administrator Karen Mills said community banks with strong small business customer bases that don’t find new ways to serve them digitally are going to face a “reckoning.” In a recent American Banker. Source: DeBanked ). Technology Utilization.

Lending 141

Lending Community Bank Community Data 141

Abrigo

NOVEMBER 24, 2014

The prevalence of stress testing within banks and credit unions has risen considerably in recent periods thanks to increased regulatory attention and the benefit of greater insight into financial institutions’ portfolios. To defend and support a CRE concentration, stress testing is a key component.

How To 225

How To Analysis Exercises Data 225

Independent Banker

MARCH 15, 2015

Culture is an elusive concept, but compliance-minded community banks often share several traits. Compliance must be an entrenched part of a community bank’s daily activities, at every level. When a bank has systems in place to deal with change, it’s easier to successfully manage regulatory curve balls.

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Compliance Community Bank Community Regulation 70

Independent Banker

AUGUST 25, 2016

With Congress returning to Washington this month for an abbreviated session ahead of the November elections, Habursky has been working to expand community bank engagement with federal lawmakers and regulators. ICBA has a great infrastructure in place and a lot of active advocates among community bankers. Community Banks.

Washington 72

Washington Community Bank Policies Community 72

Independent Banker

FEBRUARY 24, 2016

“I know that unnecessary regulation saps the strength of community banks.” Federal banking regulators are always alert to emerging safety and soundness issues. So our examiners will be vigilant in evaluating credit risk, and banks of all sizes should be as well. Curry, U.S. Comptroller of the currency.

Community Bank 70

Community Bank Community Regulation Compliance 70

Abrigo

JUNE 16, 2016

He added, “While we continue to have strong concerns with the costs related to CECL’s life of loan loss concept, we are committed to working with both regulators and auditors to ensure banks of all sizes can meet the implementation challenges of the new standard.” 15, 2019.

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Resources Exercises Lending Community 150

Independent Banker

JANUARY 31, 2023

Illustration by Jozefmicic/Adobe The CFPB recently issued new guidance on overdraft fees that was unanticipated by community banks. Learn what this means for the industry and how community banks can stay in compliance. How the circular will affect community banks is not entirely clear.

Community Bank 91

Community Bank Community Compliance Regulation 91

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. Resources can be allocated efficiently. and "how do we intend to differentiate?"

Groups 87

Groups Capital US Community 87

Independent Banker

JULY 31, 2022

Fallout from recent global events presents an obstacle to generating revenue for community banks. It’s certainly an interesting time to be a community bank, but there are still plenty of ways to make efficiencies with an eye on profitability. ? Rethinking branches isn’t a one-size-fits-all exercise.

Strategy 135

Strategy Community Bank Louisville Community 135

American Banker

AUGUST 28, 2016

Fitness/wellness program: Machias Savings hosts several different types of exercise classes that are free to employees, including yoga, aerobics and cardio kickboxing. Classes typically take place on site after work and occasionally during lunch hours.

Exercises 28

Exercises Community Bank Community 28

Independent Banker

FEBRUARY 16, 2015

Here are two “executive playbook” steps to consider while preparing your community bank’s BSA/anti-money laundering risk assessment program. What are the specific products, services, customers, entities and geographic locations unique to your community bank? Step 1: Evaluate specific risk categories.

Analysis 70

Analysis Compliance Community Exercises 70

Jeff For Banks

APRIL 24, 2010

These steps are interdependent and if we are to evolve the community banking industry to be more relevant to customers and communities, we have to develop a long-term vision for our bank. From this exercise, Xerox mapped their way from a death spiral to a return to relevancy. Determine the path to what?

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Los Angeles Strategy Community Bank Community 60

Independent Banker

FEBRUARY 28, 2022

Community bankers, pack your bags for Washington, D.C. After a year of virtual visits, the ICBA Capital Summit —the most high-profile and powerful community bank advocacy event of the year—is back in person May 1–4. They exercise their basic right to petition the government. By Aaron Stetter, ICBA.

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Community Washington Community Bank Capital 180

South State Correspondent

APRIL 3, 2023

Banks take a pool from 2018, as an example, and then track runoff to the present. Utilizing this straightforward linear regression and decay analysis, you get something close to the profile below for the average community bank in the U.S.:

social media 195

social media Community Bank Analysis Training 195

South State Correspondent

JANUARY 30, 2024

It can be a major driver of value, and banks must look at IT spending from a defensive view to include basic infrastructure building, cybersecurity, and risk management AND a revenue-building exercise driving new product development, the customer experience, and operational leverage. Technology-forward banks spend as much as 16.4%

Capital 195

Capital Operations Customer Experience Comparison 195

South State Correspondent

MARCH 15, 2023

The ratio would provide a bank’s current core capital position to risk-adjusted assets. Some form of this ratio will likely be applied to the national and regional banks, which means larger community banks will also be judged by this ratio. 9) Brand Matters: SVB had one of the best brands in banking.

social media 195

social media FDIC Branding Management 195

Abrigo

MARCH 17, 2022

The 2022 stress test scenarios provide a blueprint for community banks and credit unions to get started on their own stress tests. Banks and credit unions can tailor them to their own instances rather than building them from the ground up – editing the regulator-developed scenarios as opposed to creating them from scratch. "a

Capital 195

Capital Regulation Risk Management Community 195

South State Correspondent

MAY 31, 2023

Five: Last Mile Digital Conversions One of the more successful uses of modern branch strategy is to move non-mobile banking customers onto your bank’s mobile platform. The average community bank may have 30% to 50% on mobile, while the national banks are closer to 80%.

Data 195

Data Branch Strategies Strategy Mobile 195

Independent Banker

NOVEMBER 13, 2014

IB: Who should use LinkedIn at your community bank and why? Gemmill: The way I look at it, every employee is a bank ambassador. There is no reason to discount the positive effect employees can have in the Internet market, provided they exercise the appropriate regulatory and internal protocol standards.

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Virginia social media Community Groups 70

Lex Sokolin

DECEMBER 23, 2020

If your organizing values are explicitly that economic profit is not the priority and that sharing intellectual property to subvert economic profit is a virtue, then a company whose core key-performance-indicator is economic profit is going to have a tough time exercising power. Jack Henry and Fiserv each have over 2,000 such bank clients.

Regulation 52

Regulation US System Operations 52

Lex Sokolin

DECEMBER 23, 2020

If your organizing values are explicitly that economic profit is not the priority and that sharing intellectual property to subvert economic profit is a virtue, then a company whose core key-performance-indicator is economic profit is going to have a tough time exercising power. Jack Henry and Fiserv each have over 2,000 such bank clients.

Regulation 52

Regulation US System Operations 52