Independent Banker

FEBRUARY 28, 2023

Derek Williams, president and CEO of Century Bank & Trust in Milledgeville, Ga., wanted to be a financier before finding his way to community banking. He has served as president and CEO of $365 million-asset Century Bank & Trust in Milledgeville, Ga., It’s kind of an anti-banking history!” for eight years.

Community 172

Community Community Bank Georgia San Antonio 172

William Mills

MAY 19, 2016

The CBA meetings bring community bankers together to discuss opportunities as well as challenges within the industry. The meetings also support the mission of the CBA which is the preservation and development of local, independent community banks in Georgia as well as the philosophy of hometown banking.

Georgia 41

Georgia Community Bank Community Meeting 41

William Mills

MAY 19, 2016

The CBA meetings bring community bankers together to discuss opportunities as well as challenges within the industry. The meetings also support the mission of the CBA which is the preservation and development of local, independent community banks in Georgia as well as the philosophy of hometown banking.

Georgia 41

Georgia Community Bank Community Meeting 41

Jeff For Banks

APRIL 4, 2024

This was the question posed to Bank Profitability students as part of the Oregon Bankers' Association's Executive Development Program (EDP). These were up-and-coming bankers, the future leaders of our industry, identifying industry trends that will have the greatest impact on their bank, in no particular order.

Banking Trends 113

Banking Trends Trends Millennials Oregon 113

Jeff For Banks

JULY 5, 2022

My Remarks to Bank Client's Annual Meeting of Shareholders "I want to thank [Chairman] and the Board, [CEO] and the management team for asking me to come out and remark on where I think the banking industry is going over the next five years. Of all of the banks you will pass on your way home, find me a Rocket Mortgage office.'

Millennials 78

Millennials Community Pennsylvania Community Bank 78

NCR

FEBRUARY 16, 2016

There’s nothing more suitable for technology disruption than traditional small business banking. And there’s no better way to target Millennial entrepreneurs than with the technology they crave to help them in their business pursuits. Financial institutions are taking notice.

Millennials 40

Millennials Study Retail Community Bank 40

PYMNTS

OCTOBER 4, 2019

For community banks and credit unions, their physical proximity to the small businesses they’re servicing is often pointed out as a major advantage these smaller players hold over the big banks, enabling these FIs to develop deeper relationships with their small to medium-size business (SMB) clients, anticipate their needs and establish trust.

Lending 152

Lending Community Bank US Community 152

Independent Banker

FEBRUARY 24, 2016

How millennials will accelerate innovation and technology change. You recognize one of today’s most prominent technology dilemmas for community banks: It’s the great mobile divide. Millennials, who will make up half the U.S. Millennials, who will make up half the U.S. By Paul Schaus. that processed $1.3

Mobile 70

Mobile Millennials Community Bank Community 70

Abrigo

MAY 5, 2022

Banking Transformed Banking Transformed by the Financial Brand’s Jim Marous has new episodes several times a month and features executives from financial institutions, financial technology firms, authors, consultants, and other experts in the banking industry.

Community 195

Community Lending Maine Resources 195

ForwardBanker

JANUARY 18, 2017

Millennials are the most educated generation ever, the largest segment of the American workforce, and many are starting to attain important financial milestones in their personal and professional lives. There’s no question, Generation Y represents the single most important demographic for the future of the banking industry.

Millennials 28

Millennials Industry Customer Experience Community Bank 28

PYMNTS

OCTOBER 27, 2017

“Why switch from Wells [Fargo] to Bank of America when you’re getting essentially the same experience?” As the demographics of entrepreneurs and freelancers continue to shift toward millennials and younger professionals, Merritt told PYMNTS that dissatisfaction with traditional FIs is likely to persist. he recently said.

Community Bank 103

Community Bank Community Survey Millennials 103

Abrigo

JUNE 14, 2017

Technology partners offer much more than just software to banks; a fintech partnership provides delivery channels, convenience, corporate governance , advisory services, and industry data. Are your primary customers millennials, demanding mobile banking services? Are customers requesting new products?

Fintech 170

Fintech Software Lending Millennials 170

PYMNTS

JULY 25, 2017

And that, Passione said, is an opportunity for lenders who, in the years since the Great Depression, have found themselves struggling to build relationships with millennial consumers and who have taken a sort of “chilly” outlook toward traditional financial institutions (FIs). There are currently 13,000 community banks in the U.S.,

Lending 100

Lending Community Bank Millennials Community 100

Celent Banking

JANUARY 24, 2017

Millennials this…”, “Small businesses that…”, Community banks are…”. Two current examples illustrate: The Use of AI in Banking is About to Explode. While referring to a small number of community banks interviewed for the article, it projects those results on the entire community bank population.

Community Bank 100

Community Bank Community Survey Mobile 100

PYMNTS

JUNE 1, 2020

The new coronavirus had an immediate and profound effect on the financial services industry, as brick-and-mortar bank branches closed to protect public health. Banks today are familiar with the challenges of supporting digital platforms as an increasing number of customers turn to online-only solutions.

Digital Banking 136

Digital Banking Delaware Tools Mobile 136

Independent Banker

NOVEMBER 25, 2015

Regardless of the name, nonbank technology firms are wedging themselves between community banks and their customers by offering a slew of traditional and nontraditional banking products. This is why ICBA and community banks must continue to push consistent regulation of bank and nonbank financial service providers.

Community Bank 70

Community Bank Community Analytics Lending 70

Independent Banker

JANUARY 26, 2016

ICBA has planned an educational lineup of more than 60 workshops and networking sessions for next month’s Community Banking LIVE conference in New Orleans. Many workshops will address changes shaping our industry today as well as its future. Community banks can beat tech-based, nontraditional competitors at their own game.

Community Bank 70

Community Bank Community San Diego Strategy 70

PYMNTS

MAY 31, 2017

Bank, said that cash remains the most common method of transactions and “what’s amazing about that is that millennials are the most likely users of cash. There’s no great answer because the industry really struggles with this. In an interview with PYMNTS’ Karen Webster, Troy Cullen, president of Elan Financial at U.S.

ATM 100

ATM Millennials Cards Management 100

Independent Banker

OCTOBER 29, 2014

But how far are they willing to go to do their banking on small mobile devices? A consensus says that the future banking customer relationships—particularly for millennial consumers—will orbit to one degree or another around mobile technology. s entry into the payments business with Apple Pay. Ed Bachelder, payments consultant.

Mobile 105

Mobile Community Bank Community Technology 105

The Financial Brand

JUNE 19, 2017

Will the banking industry's biggest players win the demographic battle, as smaller institutions die right alongside an aging customer base?

Community Bank 28

Community Bank Community Industry Millennials 28

PYMNTS

OCTOBER 18, 2017

Companies must look at trends within the larger ecosystem in their industries and in the market. With a more modern and agile IT infrastructure in place, a small bank can examine how to manage compliance while fostering better user experiences in a low-cost operating environment, Wain explained.

Innovation 140

Innovation Compliance Community Bank Strategy 140

American Banker

JUNE 22, 2016

Contrary to doom-and-gloom attitudes of some about banks' ability to compete for millennials' business, the industry will build on its history of innovation to meet the technology needs of future customers.

Millennials 52

Millennials Fintech Meeting Innovation 52

Celent Banking

MARCH 16, 2015

This last week the American Banker Retail Banking Conference 2015 was going on in Austin, TX. As expected, it was a great way to read the temperature of the banking industry. Community banks differentiating from large institutions : This was a common thread running throughout the presentations.

Conference 100

Conference Retail Community Community Bank 100

Independent Banker

AUGUST 25, 2016

With the average individual spending 100 minutes on social media each day, it’s entirely possible for community banks to share some of that screen time. If you’re an online bank or are simply looking for younger, more millennial-type customers, Twitter and Instagram are strong platforms to use. With a combined 2.5

social media 70

social media Community Bank Community Video 70

Banking 2020

NOVEMBER 27, 2015

That’s why digital capabilities have revolutionized every industry from retail and healthcare to banking—if the same services can be had from half a world away, and for a lower cost, why not avail of them? No one understands this trend better than those pesky millennials. When we’re online, we can go anywhere, and surely do.

Millennials 40

Millennials Survey social media Online 40

PYMNTS

SEPTEMBER 23, 2016

The first is the obvious issue: They lack the massive scale and deep IT pockets of the large banks. Most regional and community banks aren’t in the position to develop cutting-edge mobile banking products in-house. Community banks just aren’t offering that, according to Fossella.

Mobile 100

Mobile Community Bank Tools Community 100

Gonzobanker

DECEMBER 20, 2019

Kent Oram, CEO, Idaho Central Credit Union – As evolution, revolution and occasional shareholder dilution occur across the industry, a leader in Idaho has quietly worked over the past 12 years on accumulating legendary performance. It was always clear how much Jones loves his credit union, his team and his community. Might be time to.

Idaho 148

Idaho Conference Data Marketing 148

Long Lasting Ideas

FEBRUARY 23, 2016

These are ideas that shatter the notions of conventional bank marketing: Have a little fun at the expense of your competitors: One major bank brand uses green bicycles and a marching band to pump up its brand. It’s a creative way to communicate the idea of building wealth more quickly and creatively.

Branding 40

Branding Alabama Community ATM 40

ZootBlog

NOVEMBER 11, 2015

So what does this have to do with banking? In today’s environment, as banks manage increased regulation and competition from industry outsiders, they must operate in the same fashion. Banks have to put themselves in competition-type scenarios so they can deliver a superior performance when it counts. Everything.

Innovation 60

Innovation Fintech social media Knowledge Base 60

Gonzobanker

DECEMBER 20, 2018

To be in Chip’s presence is to soak up energy, optimism and the mash-up of traditional banking and technology. Goes to the most overused word in our industry in 2018: journey. Bank Purchase of the Year. CVB Financial acquires Community Bank. It’s pretty potent stuff. The Don’t Stop Believing Award.

Fintech 102

Fintech Conference Innovation Community 102

Jeff For Banks

DECEMBER 1, 2015

This highlights an important banking concept: revenues are mostly driven off of balances, not activity. Malls are experiencing difficulty in the United States, as millennials opt for smaller, urban environments to shop. Since 2006, community banks have recognized the need for greater balances in branches to improve profitability.

Pennsylvania 60

Pennsylvania Community Bank Community Taxes 60

Gonzobanker

FEBRUARY 7, 2018

Robert Sarver of Western Alliance Bancorporation said he started his company after being “unemployed” for two years after selling a previous bank – his wife was just plain tired of him wandering the house in his PJs. Sarver grew Alliance from a small $700 million community bank acquisition to a $20 billion powerhouse in less than 15 years.

Taxes 75

Taxes Video Analytics Arkansas 75

William Mills

MAY 11, 2016

In 2015, 70% of customers preferred to open bank accounts through mobile channels. Fiserv is meeting that need for FIs and millennials. Demo: In Instagram – Example dude sees an ad for sunglasses from a bank called Genius. Uber delivering the sunglasses that you got for free for opening a bank account? That’s new.

Video 40

Video Mobile social media Analytics 40

Gonzobanker

DECEMBER 22, 2015

BTW, it’s amazing how much an impending industry funding issue can get us focused again. ‘C’mon Community bank marketing resources. Two very strong and focused community banks unite to combine big bank reach with community bank style and make the bet that it can scale to $15 billion and beyond.

Community Bank 60

Community Bank Apple Community Technology 60

Banking 2020

OCTOBER 30, 2015

A new study from Business Insider’s BI Intelligence graphically illustrates the erosion in branch banking services. Focusing specifically on that evolving demographic known as millennials, the survey of 1,500 respondents aged 18-34 reveals that nearly three-quarters visit a branch once a month or less.

Community 40

Community United States Survey Millennials 40

Gonzobanker

DECEMBER 19, 2016

As the year draws to a close, there’s a theme resonating throughout the industry: tired and complacent financial institutions are being pushed around and torn apart. We can’t bank on this near-term stock rally staying around forever. This industry is consolidating fast! What words describe 2016 GonzoBankers?

Utah 60

Utah System Community Marketing 60

Tech and Finance

JULY 13, 2016

While a year ago none of the big banks ranked at the top in Forrester’s mobile banking, this year Bank of America and Wells Fargo earned the highest scores, followed by Chase, US Bank, and Citi. It’s a trend that spells trouble for regional and mid-tier banks, which are falling behind the industry leaders.

Regional 28

Regional Mobile Millennials Study 28