South State Correspondent

JANUARY 4, 2023

That said, smart banks will make growth a byproduct and ensure they have all their other processes right. In addition, they may consider focusing on these five critical areas: Improve Operating Leverage. It will likely always be on your New Year’s resolution list; it is just a question of where. Yeah, that was a mistake.

Community Bank 195

Community Bank Capital Training Lending 195

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

NOVEMBER 30, 2021

As more customers moved online, fraudsters took advantage of new and increasingly inventive opportunities to commit remote authentication fraud. Experts say community banks can use education, biometrics and solid cybersecurity practices to fight this growing area of crime. New account fraud. By Elizabeth Judd.

Fraud 160

Fraud Strategy Community Bank New York City 160

Abrigo

JUNE 25, 2015

During leaner years is often when the demand for ag loans increases , as it’s common for those full-time farmers to tap into their community bank to cover operating costs or invest is other lines of the agricultural business. The biggest name in ag lending is unlikely to be a surprise – John Deere Financial FSB.

Community Bank 150

Community Bank Sacramento Lending Wisconsin 150

Abrigo

JUNE 5, 2023

Data-driven decisions for managing financial institution risk while driving growth and increasing efficiency are especially important given the recent failures of Silicon Valley Bank, First Republic Bank, and Signature Bank of New York.

Report 195

Report Risk Management Capital Data 195

South State Correspondent

MAY 1, 2024

With financial hardship, competition from dominant players, and a startup budget, Gentle Monster faced many of the same challenges as a community bank. How Banks Can Leverage: Niche markets abound in banking, and community banks are in the perfect position to create a following on a national level should they desire.

Innovation 195

Innovation social media Branding Marketing 195

ABA Community Banking

AUGUST 14, 2019

small businesses—reported profitability in 2018 than employer firms did, according to Small Business Credit Survey figures released today by the Federal Reserve Bank of New York. The post Fed: Non-Employer Firms Face Challenges with Credit Access, Operating Expenses appeared first on ABA Banking Journal.

Operations 40

Operations New York Survey Report 40

ABA Community Banking

AUGUST 14, 2019

small businesses—reported profitability in 2018 than employer firms did, according to Small Business Credit Survey figures released today by the Federal Reserve Bank of New York. The post Fed: Non-Employer Firms Face Challenges with Credit Access, Operating Expenses appeared first on ABA Banking Journal.

Operations 40

Operations New York Survey Report 40

Gonzobanker

MAY 8, 2015

The annual LendIt conference was held last month at Times Square in New York City and GonzoLender descended boldly on the scene to evaluate the mysterious underbelly of digital lending. The lending attack on community banks and credit unions has been waged. THE PLAYERS.

Conference 60

Conference Lending Community Bank Community 60

Independent Banker

OCTOBER 31, 2021

The CARES Act extended the CECL implementation deadline for many larger community banks until the end of the COVID-19 pandemic. Community bankers tell us that while the extension is welcome, they’re already down the road to implementation. ICBA tells FASB CECL isn’t feasible for community banks. By Stephanie Vozza.

Community Bank 91

Community Bank Community Software New York City 91

Jeff For Banks

NOVEMBER 19, 2014

But in strategic planning retreats that I moderate, community financial institutions insist that they lend to small businesses. In fact, when I recently spoke to a group of New York bankers, I opined that community FIs would lend to small businesses only if they have three years of operating profit and a building as collateral.

Lending 93

Lending San Francisco Community Community Bank 93

CFPB Monitor

AUGUST 22, 2016

The CFPB has announced the appointment of new members to its Consumer Advisory Board, Community Bank Advisory Council, Credit Union Advisory Council, and Academic Research Council. Retail Bank, Citibank, New York, NY. Lisa Servon, Professor, The New School, New York University, New York, NY.

San Antonio 60

San Antonio Kansas City Groups CA 60

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

Jeff For Banks

DECEMBER 9, 2020

On October 29, 2020, the New York State Department of Financial Services (DFS) issued a letter to all depositories and non-depositories regulated by them regarding climate change and financial risks. Now you may be in full agreement with strong-arming financial institutions to not lend to coal burning utilities.

Lending 78

Lending Regulation Community National 78

Gonzobanker

DECEMBER 19, 2022

SoFI gets a commercial bank that brings deposits, compliance, AND business lending. Seacoast Bank is at it again… and this time it is blowing past $10B in a big way. In just five months, Seacoast announced three bank acquisitions ( Drummond, Apollo , and Professional ) totaling a little over $4.7B

Community 216

Community Fintech Industry Innovation 216

Jeff For Banks

JANUARY 27, 2011

I was at a strategic planning retreat a few weeks back where a colleague lauded the concept of bankers getting back to plain vanilla community banking. But if you read or watch interviews of CEOs of community FIs from 2008 forward, you will be bombarded with the message that they didn''t engage in the things that led to the collapse.

Community Bank 71

Community Bank Community Apple National 71

Jeff For Banks

APRIL 25, 2014

September 2004, driving from a meeting in New York, on the grossly miss-titled Cross Bronx Expressway, Nathan Stovall, a reporter from SNL Financial gave me a call. The question: What was up with an upstate New York bank? of Ocala, Florida on the bank''s sale to Heritage Financial Group, Inc.

Community 93

Community New York Indiana Connecticut 93

CFPB Monitor

SEPTEMBER 21, 2015

The CFPB announced the appointment of new members to its Consumer Advisory Board, Community Bank Advisory Council, and Credit Union Advisory Council. New members to the Consumer Advisory Board will serve three-year terms and new members to the Community Bank and Credit Union Advisory Councils will serve two-year terms.

Groups 60

Groups Los Angeles San Francisco Community Bank 60

Independent Banker

SEPTEMBER 25, 2014

As a group, community banks spend substantial funds hiring outside consultants to help with various management functions, and a substantial share of dollars are spent to help oversee their risk management and compliance activities. Community banks often already have the expertise handy in-house, they say.

Community Bank 70

Community Bank Compliance Risk Management Community 70

Independent Banker

SEPTEMBER 26, 2014

Michael Gilfeather on trust services opportunities in New York. The area is also home to a large base of successful organic farming operations. in its 122-year history, so I don’t have some of the proprietary knowledge about the bank and our customers that some of the previous leaders have garnered over their careers.

New York 79

New York Community Community Bank Regional 79

ForwardBanker

JANUARY 30, 2019

Just a few short years ago, banking experts encouraged community banks to tie variable rate loans to LIBOR. They said the switch would help smaller banks compete with big banks, while reducing their basis risk, operational overhead, and more. The post Should you be doing something with reference rates?

Community Bank 41

Community Bank Community Operations New York 41

Jeff For Banks

MARCH 3, 2018

How do we balance strategic direction, customer demand, and the futurist or wildly over-caffeinated millennial that tells us we have to implement every shiny new object or we'll die? Six years ago I asked in a blog post Will Plain Vanilla Kill Community Banking ? Leader Bank - A $1.2 Was I, gulp, a futurist?

Apple 66

Apple Millennials Massachusetts FDIC 66

CB Insights

FEBRUARY 20, 2020

Today, 22 of those companies have become unicorns, 17 have exited, and none have shuttered operations. All told, they raised over $15B in 2019, in addition to forging new high-profile partnerships, spinning off new ventures, and evolving their products and strategies. Click to enlarge. .

Fintech 80

Fintech US Lending Cards 80

Gonzobanker

DECEMBER 17, 2021

Union has been a stalwart of the California marketplace since the ’50s, and this gives Andy Cecere and team a great expansion into the Golden State and also some nice wholesale banking business. Lots of tech and operations to clean up, it appears, but no solid bank is better qualified than the team from Minneapolis. You tell us.

Fintech 147

Fintech Strategy Leadership Lending 147

American Banker

AUGUST 3, 2016

Unity Bancorp is raking in money from holding and selling 7(a) loans, but don't expect the bank to extend its operations beyond New Jersey and New York. Management learned that lesson the hard way during the financial crisis.

New Jersey 28

New Jersey National New York Operations 28

Gonzobanker

DECEMBER 20, 2019

. ————————————————————————— The ‘En Vogue’ Trend of the Year – Credit unions buying community banks. like signing a $53 billion, 239-branch bank and getting it implemented.

Idaho 148

Idaho Conference Data Marketing 148

Fintech Labs Insights

MAY 28, 2015

In addition to securing an $8 million venture debt line from Silicon Valley Bank, the lending-as-a-service innovator reached $800 million in loans deployed to more than 35,000 borrowers, and won a commitment of $125 million from its own lending network of more than 300 credit unions and banks. Anil Nair, SVP Engineering.

San Jose 12

San Jose New York City Lending New York 12

William Mills

SEPTEMBER 12, 2017

Check back for new updates throughout the day. Digital banking solutions for community banks and credit unions. A turnkey solution incorporating CRM, invoicing and payments into a simple solution for the business delivered through the bank’s digital banking solution. New York, NY 10007.

Samsung 69

Samsung Mobile User Experience Google 69

Gonzobanker

DECEMBER 19, 2016

Kim, the executives and the boards of both organizations who put rivalry aside to gain scale in the new world of banking where differentiation matters and community can be more than geography. The 2016 Gonzo Marketing Medal – Goes to Elevations Credit Union for its “Egg Lending” campaign. Check it out on YouTube.

Utah 60

Utah System Community Marketing 60

Gonzobanker

DECEMBER 19, 2016

Kim, the executives and the boards of both organizations who put rivalry aside to gain scale in the new world of banking where differentiation matters and community can be more than geography. The 2016 Gonzo Marketing Medal – Goes to Elevations Credit Union for its “Egg Lending” campaign. Check it out on YouTube.

Utah 60

Utah System Community Marketing 60

Fintech Labs Insights

AUGUST 1, 2016

To give you a sense of the many new ideas at the upcoming FinovateFall conference in New York, we’ve launched our Sneak Peek series. Bankjoy offers developers a banking API for a modern, real-time, holistic interface for credit unions and community banks.

How To 12

How To Analytics Millennials Data 12

CB Insights

MAY 15, 2019

DBS launched its Singapore innovation lab to break out of its “traditional banking mindset to think, behave, and deliver more like a technology company,” according to Neal Cross, chief innovation officer. DBS leaders expect to see more than 5,000 people actively innovating DBS’ services and operations at DAX each year. Founded: 2016.

Innovation 78

Innovation blockchain Technology Groups 78

Fintech Labs Insights

SEPTEMBER 1, 2015

Here are a few brief introductions, but be sure to check our our Sneak Peek series to learn more about the innovators and entrepreneurs who will take the stage at the New York Hilton Midtown in just a few weeks. Market segments include insurance, banks, telecom, utilities, and property management. Blockstack.io

Company 12

Company Software Analytics Mobile 12