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The Death of the Community Bank

Jeff For Banks

In June of 2008 I gave a speech titled "The Death of the Community Bank" and in that speech I made predictions. Prediction: The General Bank will become extinct. Much like competitors nip at community banks' customers. Eighteen percent of that group opened an account at a digital bank. Result: Mixed.

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Retail banking trends to look out for in 2023

Independent Banker

ITMs and VTMs are popular retail banking innovations among community banks. What’s on the horizon for retail banking? We spoke with two community banks that have ramped up their services to meet—and exceed—the changing expectations of customers. So how are retail banks meeting this challenge?

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Podcast: The just-do-it mindset in community bank innovation

ABA Community Banking

How can community bank emerging leaders take initiative in innovation? The post Podcast: The just-do-it mindset in community bank innovation appeared first on ABA Banking Journal. Tim Shangle advises bankers to take small steps and explore what new technologies can do.

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Chase builds out digital and product leadership team, Citi hires new compliance chief

BankInovation

This month saw investment in digital leadership and compliance, as C-suite positions were filled with new faces at JPMorgan Chase, Citi and Independent Financial, as well as at MoneyGram and Fiserv.

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How Community Banks Survived the COVID Pandemic

ABA Community Banking

CEO survey reveals banks’ resilience, commitment to employees and communities. The post How Community Banks Survived the COVID Pandemic appeared first on ABA Banking Journal.

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CEO Q&A: Brand Presence for Community Banks

ABA Community Banking

A conversation with Tim Marshall, president and CEO of the Bank of Ann Arbor. The post CEO Q&A: Brand Presence for Community Banks appeared first on ABA Banking Journal.

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8 Takeaways From JPM’s Shareholder Letter

South State Correspondent

As usual, it was full of insight that every community banker should consider. Our focus is on information that pertains to the community banking industry. 2) Leadership Matters. Of note is that of the $10B in revenue in commercial banking, almost 40% was noninterest revenue. 1) The Fed May Hike More Than Expected.

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