Independent Banker

JANUARY 31, 2022

Southern Bancorp partners with other community banks to increase loan accessibility and financial literacy to low-income customers. As CEO of Southern Bancorp, Darrin Williams wants to promote relationships between community banks and CDFIs to create more prosperous communities. Photo by Dero Sanford.

Community Bank 172

Community Bank Community Leadership Arkansas 172

Independent Banker

MARCH 31, 2022

Executive committee members tell us what advocacy issues they’ll be focused on during their terms, while board members share their words of wisdom for up-and-coming community bankers: themselves. To sum it up, these leaders are all in and all heart for community banking. We are not Wall Street banks—we are community banks.

Community Bank 239

Community Bank Community Industry Texas 239

Independent Banker

AUGUST 31, 2022

But equally important is what they should be doing to keep the talented employees that they already have, both to avoid a short-term staffing crisis and to keep the pipeline of leadership full. However, community banks have a big opportunity to stand out from the crowd of potential employers.”. Malvern Bank’s personal touch.

How To 91

How To Louisville Community Bank Training 91

Independent Banker

OCTOBER 31, 2022

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?

Banking Trends 151

Banking Trends Retail Trends Community Bank 151

Independent Banker

DECEMBER 1, 2021

Under the leadership of CEO Randell Leach, Beneficial State Bank is pursuing an ambitious mission of financial activism and strong corporate values. The idea that community banking can be a force for positive change is at the heart of Beneficial State Bank, which engages its customers through financial activism.

Oakland 153

Oakland Community Community Bank Leadership 153

South State Correspondent

JUNE 22, 2023

In the last article, we covered the basics of EOS ( HERE ), the Entrepreneurial Operating System, and how some banks use it to improve productivity. EOS is a comprehensive business system that empowers a leadership team to run a more successful bank. The L10 Meeting is a core part of the EOS.

Tools 195

Tools Meeting Leadership Management 195

Independent Banker

AUGUST 25, 2016

Wisconsin bank uses LEAD FWD Summit as a development resource. You can feel the energy boost at Park Bank from its leadership development program. Young employees at the community bank in Madison, Wis., In 2015, the bank paid for 10 employees to attend the conference. By Tim Cook. are excited.

Conference 104

Conference Leadership Community Bank Community 104

Celent Banking

APRIL 28, 2017

My favorite and I believe useful analogy for banking system engineering is that of automobile engineering, an industry that has a similarly colorful past and has been marked by fits and starts of innovation over the past 120 years. FIS’s core banking "brands" (Systematics, Horizon, IBS, Profile, etc.)

Innovation 150

Innovation Detroit Community Bank Strategy 150

Insights on Business

DECEMBER 7, 2016

A recent article in The Globe and Mail , The biggest threat to banks? Legacy systems, not fintech (November 2016), by Mike Gardner seemed to go viral on my Twitter stream. I also wanted to get their opinions on whether legacy systems constitute a cause of disruption for the banking industry. Do you agree?

System 70

System Fintech Innovation Industry 70

Celent Banking

APRIL 28, 2017

My favorite and I believe useful analogy for banking system engineering is that of automobile engineering, an industry that has a similarly colorful past and has been marked by fits and starts of innovation over the past 120 years. FIS’s core banking "brands" (Systematics, Horizon, IBS, Profile, etc.)

Innovation 134

Innovation Detroit Community Bank Strategy 134

Independent Banker

DECEMBER 1, 2021

Oftentimes conversations with prospective core providers will only be between the bank and the vendor’s sales representative. Make sure your team meets the team working behind-the-scenes, from the leadership team to the support managers. Generally, off-the-shelf core solutions won’t work for every bank. Some questions to ask: 1.)

Management 103

Management eBook Community Meeting 103

Independent Banker

JUNE 30, 2022

The Peoples Bank helped the Jones family of Legacy Dairy in Hiseville, Ky., From left, Ally Jones; bank chairman, president and CEO Terry L. Last year, community bank loan producers were faced with both record-low interest rates and a glut of deposits. The bank provides crop insurance to farmers in 11 states.

Community Bank 172

Community Bank Community National Philadelphia 172

Gonzobanker

NOVEMBER 9, 2022

Traditional trust systems are organized by accounts and not relationships, requiring more advanced technology to augment this shortfall. However, newer trust systems have moved to a more global relationship view. This is where community banks already have a competitive advantage. #4: 4: Integrating the Whole Bank.

Management 158

Management Community Bank Strategy Technology 158

Independent Banker

SEPTEMBER 30, 2021

In this feature, we’ll look at a number of ways you can continue to build trust—an especially crucial task as the pandemic continues, telecommuting persists and consumer banking practices evolve. But for most community banks, building a trustworthy brand isn’t a conscious effort. billion-asset community bank.

Community 139

Community Community Bank social media Security 139

Abrigo

OCTOBER 20, 2016

At the same time, early adopters of new technologies, like mega banks, are edging out community banks and credit unions in the fight for customers and creating a rapidly consolidating industry. For community banks and credit unions that want to continue to thrive, the way forward is growth. Post by Elise Hauser.

Software 150

Software Lending Community Bank Taxes 150

Gonzobanker

JULY 20, 2022

financial institution executives surveyed for What’s Going On In Banking 2022 , 19% of community banks and 10% of credit unions had not launched a digital transformation strategy prior to this year, and another 15% had no plans to do so. Among 300 U.S. Own It, Bankers!

Digital Strategies 174

Digital Strategies Strategy Leadership Customer Experience 174

PYMNTS

FEBRUARY 19, 2019

Senator Elizabeth Warren (D-MA) recently sent a letter to Powell raising this concern, noting that the Fed’s “anemic scrutiny of applications for mergers and acquisitions [M&A] raises concerns that [it] may oversee a wave of bank consolidation to the detriment of consumers and the financial system.”

Marketing 108

Marketing Community Community Bank Industry 108

Independent Banker

DECEMBER 31, 2022

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.

Community Bank 91

Community Bank Community Tampa North Carolina 91

Independent Banker

SEPTEMBER 30, 2019

For the first time in more than 40 years, the Federal Reserve will be standing up a new payments system, the penultimate example of industry change. This new payments system has been a long time in the making. The Fed must have a role in real-time payments for three reasons: To guarantee access for all banks.

West Virginia 70

West Virginia Community Virginia Meeting 70

Independent Banker

SEPTEMBER 25, 2014

A community bank’s practical guide to compliance cost control. Few community banks have the luxury of ripping and replacing their entire compliance management strategy, leaving many executives on the hunt for practical tips. Arguably, compliance costs are one of the fastest noninterest expense costs for a community bank.

Community Bank 105

Community Bank Compliance Community Resources 105

Gonzobanker

JUNE 18, 2018

That was the question posed by nearly every client I worked with over the past several years to choose a consumer loan origination system. It has also seen some challenges along the way, including system infrastructure issues and long implementation lead times (which have since been resolved). The Bottom Line.

Lending 60

Lending Leadership Community Bank System 60

Abrigo

SEPTEMBER 14, 2022

In 2010, Congress enacted the Dodd-Frank Act “ [t]o promote the financial stability of the United States by improving accountability and transparency in the financial system.” Many community banks and credit unions have typically been exempted from this data collection in the past. A brief history of Section 1071.

Lending 195

Lending Data Regulation Community 195

Gonzobanker

DECEMBER 14, 2023

Not the financial industry’s “Troublemakers ” – those regional and community banks, credit unions and supporting fintech entrepreneurs who continue to engage customers and communities and find niches that keep the grassroots of our country’s financial system alive and kicking. She also brings a best practice perspective.

Fintech 195

Fintech Community Regional Technology 195

Independent Banker

MARCH 31, 2019

It’s always great to be with fellow community bankers, and now, as ICBA president and CEO, our members! Our theme this year was all about being bold, in innovation, leadership and life. What a great time we had—full of learning, inspiration and fun. Stepping into the unknown can help us accomplish great things.

Washington 70

Washington Memphis Community Nashville 70

Gonzobanker

DECEMBER 19, 2022

Hats off to Thomas Shara at Lakeland and Tony Labozzetta of Provident for architecting the new $25 billion super-community bank in New Jersey. It’s hard to understand how Clobes has time in the day to drive her unlimited amount of leadership activities. What an amazing leadership story. merges with Lakeland Bancorp.

Community 216

Community Fintech Industry Innovation 216

Independent Banker

OCTOBER 29, 2014

Community bank compliance professionals know three things about effective compliance management: It starts at the top. It permeates all of the policies, processes and procedures of the bank. leadership and staff understand the purpose of its BSA/AML efforts and how its reporting is used. By Mary Thorson.

Compliance 80

Compliance Leadership Resources Virginia 80

Gonzobanker

JULY 11, 2019

New leadership could mean renewed energy and competitive spirit at NCR. The digital banking system market is as hot as summer in Atlanta as witnessed by NCR ’s acquisition of D3 Technology last week. D3 is certified Zelle-direct since it has worked with larger banks that were early migrators to Zelle.

Atlanta 137

Atlanta Digital Banking Analytics Leadership 137

CFPB Monitor

AUGUST 13, 2018

McWilliams stated that the FDIC’s top priorities included: (1) reducing regulatory burden on community banks; (2) increasing the speed with which the FDIC reviews charter and deposit insurance applications; and (3) assisting banks to introduce new financial products that serve underserved communities.

FDIC 68

FDIC Community Lending Guidelines 68

Independent Banker

JANUARY 28, 2016

IB: What’s CSB Bank’s approach to compliance? Badley: Very early in my transition from commercial loan officer to compliance officer (which was actually a return to where I started my banking career), we established a system, or matrix, of responsibility for all regulatory areas. It is not necessary.

Community 70

Community Compliance Community Bank Leadership 70

Gonzobanker

FEBRUARY 20, 2021

But, the Terafina system has shown well in both bank demos and high-profile industry events like Finovate. Add to that polish a list of named bank and credit union clients that take it past venture stage and we’re assuming Terafina founder Meheriar Hasan was rewarded well on the purchase. The recent $2.5B

Digital Banking 97

Digital Banking Lending ATM Atlanta 97

Independent Banker

FEBRUARY 3, 2016

Lead generation is smoothly facilitated, ensuring the conversion of profitable prospects since the Sales team can easily view, manage and hand off prospects and customers through one system.

Leadership 70

Leadership Customer Experience Management Data 70

Gonzobanker

DECEMBER 22, 2020

Banks and credit unions had to fundamentally change their delivery, support and relationship management models at scopes and speeds that were unheard of. And how did community banks and credit unions respond to the COVID craziness? Jill is continually demonstrating just how loud a $300 million community bank can roar!

Idaho 181

Idaho Community Industry Strategy 181

Independent Banker

NOVEMBER 25, 2015

Kaarin Long stops by a local manufacturer while getting to know customers as Investors Community Bank’s cash management relationship manager. Investors Community Bank in Manitowoc, Wis. IB: What is Investors Community Bank like? IB: Your position is new for Investors Community Bank.

Community 70

Community Community Bank Milwaukee Wisconsin 70

Gonzobanker

SEPTEMBER 10, 2019

While growing outside the United States for many years and mopping up on the international core system competition, the U.S. 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. This third U.S. In this round, U.S.

United States 89

United States Texas Austin Kansas City 89

Independent Banker

DECEMBER 13, 2015

Even if you’re not required to use either version of the Cybersecurity Assessment, beta users say it can help your community bank gauge its cybersecurity risks and ultimately guard against cybercrime. At the Bank of Luxemburg, a $290 million-asset community bank in Luxemburg, Wis., Real-world testing. “I

Tools 70

Tools Community Community Bank Security 70

Independent Banker

NOVEMBER 24, 2015

Even if you’re not required to use either version of the Cybersecurity Assessment, beta users say it can help your community bank gauge its cybersecurity risks and ultimately guard against cybercrime. At the Bank of Luxemburg, a $290 million-asset community bank in Luxemburg, Wis., Real-world testing. “I

Tools 70

Tools Community Community Bank Security 70

Gonzobanker

DECEMBER 19, 2017

THE BANKING AWARDS. Rainbolt has quietly built a community bank in the past 20 years that is closing in on $2 billion of market cap. GonzoBanker of the Year – Large Banks. Best Bank Sale of the Year – Although it was early in the year, the Bank of North Carolina’s (BNC Bancorp) sale to Pinnacle Financial wins.

Conference 101

Conference Industry Community Bank Community 101