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The community bank guide to FedNow resources

Independent Banker

As community banks navigate this process, there are plenty of resources available to answer questions and provide guidance. Three sources of information on FedNow As community banks look to take advantage of this new opportunity, they seek resources to help them navigate the journey.

Resources 115
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ICBA’s 2021 National Community Bank Service Award winners

Independent Banker

This year’s winners: Left: Central Valley Community Bank, People’s Choice Award; Middle: Kennebec Savings Bank, Exceptional Community Bank Service Award; Right: Cross River Bank, Emerging Service Program Award. Exceptional Community Bank Service Award. Kennebec Savings Bank.

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The top lending & credit risk blogs of the year

Abrigo

download NOW Takeaway 1 The most popular blog posts on the Abrigo site reflect many of the priorities community banks and credit unions had in 2023. Takeaway 2 The top lending and credit blog posts focused on the benefits of banking technology, interest rate management, and developing risk ratings.

Lending 221
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How Relationship Lending & A Transaction-Oriented Focus Can Win More Business Loans

Abrigo

Is making more business loans a top focus at your bank or credit union this year? Nearly 90 of 100 bankers surveyed during a recent Abrigo webinar said their institutions plan to increase the volume of small business lending or commercial lending this year. More business loans, more competition. You’re in good company.

Lending 195
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Mergers & Acquisitions Growing: What Does it Mean for Your Institution?

Abrigo

You might also like this webinar, "Mergers & Acquisitions in a CECL Environment." Today’s financial marketplace is challenged by increasing regulation, high expectations for fast and mobile financial services, and new fintech companies joining the already competitive arena. CECL Accounting. Portfolio Risk & CECL. Learn More.

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Now is the time to prepare for the FedNow launch

Independent Banker

The FedNow Service is launching in early 2023, giving community banks about a year to plan. Here’s how community bankers, payments experts and fintech vendors suggest using the time to prepare. In some cases, FedNow specifications may require upgrades to ensure community bank systems can integrate appropriately. “We

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Faster Payments – FedNow is About to Change the Game for Banks

South State Correspondent

Some 57 financial institutions will start with FedNow, including about 42 banks (plus a handful of core systems providers and fintechs). Banks are about to win back payment flow from non-banks, and in this article, we break down how this will happen and what it means for your bank.

Payments 370