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So You Want to Be a Venture Capitalist: Best Practices for Community Banks Investing in Fintech Startups

Gonzobanker

Community Banks as Venture Capitalists In fact, not all providers of venture capital are venture capitalists. Increasingly, banks are filling the void created by VCs. Among community banks investing in fintech startups, the average investment was nearly $3 million per bank in 2022. billion in 2021.

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Important Considerations When Growing the CRE Portfolio

Abrigo

In a survey of community banks and credit unions at the 2016 Sageworks Risk Management Summit, 42 percent of respondents said Commercial Real Estate, or CRE, lending was their primary focus for loan portfolio growth. In fact, software solutions are often key to both profitability and regulatory approval.

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CEO Roundtable: Ideas for a successful 2023

Independent Banker

We recently spoke with community bank CEOs from across the country to gain insights on how they’re proactively positioning to manage risks and take advantage of growth opportunities in the coming year. Following some respite in 2022, community bankers are bracing for a tougher economic landscape ahead in 2023. Corey Neil.

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NCR Acquires Terafina – So What?

Gonzobanker

Additionally, the platform can be extended to include point of sale (POS) modules for consumer lending (credit card, loans and mortgages) and small business/commercial lending offerings. The account origination and lending POS solutions are made available through the digital, branch and contact center channels.

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Six Smart Steps

Independent Banker

Few community banks have the luxury of ripping and replacing their entire compliance management strategy, leaving many executives on the hunt for practical tips. Complicated or not, one thing is certain: Community banks can’t afford to skimp on their compliance efforts. Reduce dependencies on hourly consultants.

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2021 GonzoBanker Awards

Gonzobanker

The deal demonstrated both an emergence of banks acquiring fintechs and – in the spirit of City National’s prior acquisitions of Exactuals and Filmtrack in the entertainment industry – a niche industry focus on healthcare practices. Fintech Acquiring Bank. The Bank That Gets Fintech. Lifetime Leadership Achievement Awards.

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The Thinker

Independent Banker

Thoughtful lending and an open mind keep profits strong for incoming ICBA chairman Jack Hartings. The Peoples Bank Co. While out-of-town lenders gave money to customers requiring no down payments to buy overpriced homes that they couldn’t afford, Hartings, the president and CEO of The Peoples Bank Co. By Kelly Pike.

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