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Mobile apps for community banks: In search of business value

NCR

Aware of the disruptive changes in how banking products and services are delivered, community banks continue adopting new technologies to keep up with competition and customers’ demand. Will a mobile banking app really help to solve community banks’ challenges or is it just a waste of money?

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CARES Act includes provisions affecting financial institutions and their regulation: some key provisions

CFPB Monitor

Section 4008 of the CARES Act authorizes the Federal Deposit Insurance Corporation (FDIC) to establish a debt guarantee program to guarantee the debt of solvent insured depository institutions and depository institution holding companies. Section 4012 – Temporary Relief For Community Banks.

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Fintech Deals Are Still Happening – and It’s a Good Thing

Gonzobanker

Morgan Stanley/E-Trade: This $13 billion (~4X annual revenue) deal was announced in late February before COVID-19 and social distancing were known in the United States. million fundraise including community bank participants Bank of St. The acquisition makes sense given Zenmonics’ focus on FIS core clients.

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Predicting the Next Banking Crisis Is a Fool’s Game. Not Learning From the Last One: Equally Foolish

Jeff For Banks

The early 1980s was a difficult time for the United States, as consumers faced rising prices, high unemployment, and the effects of a supply shock—an oil embargo—which caused energy prices to skyrocket. Although community banks did not lend to sub-prime borrowers in any meaningful way, did we participate?

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The Mother List of All Banking Books

Jeff For Banks

Guardians of Prosperity: Why America Needs Big Banks 2013 John F. Inside the FDIC: Thirty Years of Bank Failures, Bailouts, and Regulatory Battles 2015 Louis D. History of the Eighties: An Examination of the Banking Crises of the 1980s and Early 1990s (Volumes 1 & 2) 1997 Federal Deposit Insurance Corp. 2014 John A.

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The Thinker

Independent Banker

It was a prescient move for Hartings and the $450 million-asset community bank, which comfortably weathered the downturn even though residential mortgages are its biggest business line—but not everyone appreciated Hartings’ common-sense approach at the time. Large Community Bank Council, member. Membership-Marketing.

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Lack of an M&A Strategy May Leave You Dateless at the Prom

Gonzobanker

In 1984 a record high 18,000+ banks existed in the United States. The vast majority of exits came from banks with less than $100 million in assets, and more than 10,000 of these institutions left the financial services landscape between 1984 and 2011 due to mergers and failures. 20 years ago 10 years ago Today.