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Why Merchant Services Are Key To Small FI Deposit Growth

PYMNTS

This developing world of payments and the fierce competition offered by non-traditional providers of financial services presents big challenges to smaller and community banks – those financial institutions (FIs) with less than $10 billion in assets. That brings [smaller] banks an immediate string of deposits,” Good said.

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Community banks are thriving in Texas

Independent Banker

Here’s how four community banks are thriving in this environment. This region has the kind of energy that draws people to a place and helps them and their businesses thrive. We spoke with four community banks in the southern half of Texas to learn how they are serving this buzzing region. By Mindy Charski.

Texas 182
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Excited To Help People

Independent Banker

—Jim Gowen, Merchants & Planters Bank. offers a “humanly simple” leadership style of looking out for others. Central Region Award Recipient. Merchants & Planters Bank. Bank assets: $250 million. Retail outlets: 11. In 1998, the bank became one of the first financial institutions in the St.

St. Louis 105
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Customer to Community Banker

Independent Banker

With vigor and a strong commitment to service, Ron Paul leads a rapidly growing community bank in Maryland. Eastern Region Award Recipient. Bank assets: $5 billion. Retail outlets: 22. Ronald Paul first encountered community banking as a real estate developer in the early 1980s. Bethesda, Md.

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2021 GonzoBanker Awards

Gonzobanker

The merger of equals activity in 2021 was sky high, primarily because banks with pinched margins from low rates worked to grabbed scale. From nowhere, sizable regional players are being created. Bank Merger of the Year. Performance and multiples continue to be solid, outperforming most regional banks.

Fintech 147
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Bank Branches: A New Model

Jeff For Banks

Because what I hear in community bank strategy sessions, the branch is an important if not critical portion to an enduring future. We think increasing teller pay, in the face of rising wages led by larger banks, is enough. It's branch leadership that needs to earn breadwinning pay. Jeff The bank branch is dead.

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Temenos to Acquire Kony: So What?

Gonzobanker

While the Commerce implementation is still in progress, signings of Varo Bank and PayPal followed as well as the 2018 acquisition of high-end origination provider Avoka. With its Quantum offering, Kony has several clients outside of the financial services vertical including the retail likes of Michael’s and Amway. This third U.S.