Independent Banker

DECEMBER 1, 2021

The pandemic forced us to find new ways to interact with customers. Many of today’s banks have recognized this shift and are looking for new ways to attract, engage, and retain their customers, all while providing a great experience. 18% of these consumers opened an account with an online-only direct bank.

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Community Bank Community Fintech Guidelines 91

South State Correspondent

AUGUST 21, 2022

Last week we wrote about loan-level vs. balance sheet hedging for community banks and provided our loan proposal generator ( HERE ). We compared and contrasted the two strategies and sized the market for community banks. A community bank may transact one or only a few balance sheet hedges over many years.

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How To Community Bank Community FDIC 195

Abrigo

DECEMBER 17, 2021

For banks and credit unions, this often means a deep understanding of regulations and compliance and adhering to the institution's risk management standards. teams have been an integral resource to the bank. Abrigo is more like a partner to us than a vendor or software provider.”? . Lending & Credit Risk.

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Fintech How To Innovation System 195

South State Correspondent

MAY 3, 2023

Bank executives that measure and manage the balance sheet based on the fair value of assets and liabilities invariable will change risk behavior, compensation structures, and capital allocation for the long-term benefit of shareholders. FTP may have prevented the demise of First Republic Bank.

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Lending Capital Management Tools 195

South State Correspondent

MAY 2, 2023

Bank executives that measure and manage the balance sheet based on the fair value of assets and liabilities invariable will change risk behavior, compensation structures, and capital allocation for the long-term benefit of shareholders. FTP may have prevented the demise of First Republic Bank.

Lending 195

Lending Capital Management Tools 195

South State Correspondent

MAY 2, 2023

Bank executives that measure and manage the balance sheet based on the fair value of assets and liabilities invariable will change risk behavior, compensation structures, and capital allocation for the long-term benefit of shareholders. FTP may have prevented the demise of First Republic Bank.

Lending 195

Lending Capital Management Tools 195

Independent Banker

NOVEMBER 30, 2022

“This is a Vegas bank,” explains Stacy Watkins, who was named president and CEO of the $237.6 million-asset bank in the early days of the pandemic. “It It was really impactful for us when the lights on the Strip went out—a very emotional, crazy time. Quick Stat. The gross gaming revenue of the gambling industry in the U.S.

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Las Vegas Community Bank Community Wisconsin 129

Abrigo

OCTOBER 20, 2020

“Everybody kind of sits around every day and wonders how other institutions are handling this: how they’re preparing, how their policies are changing, how their approach to credit is changing,” said John Hatfield, Senior Credit Officer at Millennium Bank. All of that keeps encouraging us about the brand.” . CRE Lending.

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Management Lending Community Strategy 195

South State Correspondent

JANUARY 4, 2023

In the past, you have seen us rank customer relevance and total experience as a top priority for banks – not in 2023. Without the windfall of profit accrued to banks in 2022 because of faster-than-expected rate increases, banks will need to be better allocators of capital. on the dollar due to higher credit risk.

Community Bank 195

Community Bank Capital Training Lending 195

Gonzobanker

SEPTEMBER 21, 2023

NYMBUS secured Series D financing (led by Insight Partners), partnered with Hurdlr for small business banking; with Atty Bank, Saint Louis Bank ’s legal community bank; and with Roger, Citizens Bank of Edmond ’s military niche bank. Credit union lending platform Clutch partnered with Zest.ai

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Fintech Software Illinois Lending 103

Independent Banker

MAY 2, 2016

At The Bank of Tioga, we preserve the local touch and serve our clients and communities well. We ignite prosperity in all the communities we serve through community reinvestment, lending to local businesses, and providing educational opportunities for the community and our employees. The Bank of Tioga.

North Dakota 70

North Dakota Community Bank Community Risk Management 70

Jeff For Banks

DECEMBER 9, 2020

Start integrating the financial risks from climate change into governance frameworks, risk management processes, and business strategies. But the report does suggest that financial institutions in their annual reports disclose all of the above, including how much lending they do to climate related industries.

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Lending Regulation Community National 78

Jeff For Banks

JUNE 2, 2023

The old borrow short, lend long strategy. I want to read to you the FDIC’s conclusion from their An Examination of the Banking Crisis of the 1980’s and Early 1990’s. Who would’ve thought lending $1 million to a San Francisco cab driver to buy a house at 100% loan to value would go bad? We took a serious reputational hit.

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FDIC Community Bank Regulation Lending 78

Jeff For Banks

NOVEMBER 7, 2015

Me to a community banker: Why don't you offer more options than real estate secured lending to help fund early stage businesses? Banker: Because that's not community banking. I've been in this business over 20 years and still don't know the definition of community banking. In other words, be a General Bank.

Community Bank 60

Community Bank Community Baltimore Lending 60

Gonzobanker

DECEMBER 22, 2020

And how did community banks and credit unions respond to the COVID craziness? Financial institutions went from having no PPP lending program at all to funding their first loan in 90 days – and this with literally last-minute regulatory guidance. Let us break it down for you. The Tiny Bank that Did It Award UBank of Texas.

Idaho 181

Idaho Community Industry Strategy 181

Independent Banker

AUGUST 26, 2015

Forming new business lines—if carefully planned and considered—can be a potentially significant way for a community bank to boost revenues and profits. But just as their upsides are significant, the downsides of new propositions for community banks can create more problems than opportunities.

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Operations Community Bank Community Management 70

CB Insights

FEBRUARY 20, 2020

According to CB Insights market sizing data , the global market for IT for banking, financial services, and insurance (BFSI) industry is projected to reach nearly $150B by 2022. Since January 2019, Citi has announced partnerships with capital markets tech companies Capitolis and Kantox and treasury risk management software Kyriba.

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Fintech US Lending Cards 80

Gonzobanker

DECEMBER 17, 2021

million gets the vaunted consumer lender a much-prized bank charter, low-cost deposits to juice current earnings, and a business lending capability to drive future growth. You tell us. Goes to Eric Sprink, Coastal Community Bank , Everett, Wash. We salute a legend of lending and credit union leadership.

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Fintech Strategy Leadership Lending 147

Jeff For Banks

MAY 4, 2020

Readers note: You can also view this post on Penn Community Bank's website. We found that our government response was to declare emergencies and have us stay at home, confined, quarantine, lock down, and self-isolating, except for essential trips for food or medicine, or to go to work if you are an essential business employee.

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Marketing Philadelphia Community Bank US 78

Independent Banker

JULY 28, 2016

Although they vary by format, the content of the agencies’ guidance includes consistent broad-spectrum elements, which may seem largely theoretical, but their framework can be used effectively to manage regulatory requirements and changes. Just how can your community bank do all of those things? Is coverage imminent?

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Compliance Training Community Bank Regulation 70

Jeff For Banks

FEBRUARY 1, 2019

US stocks erased all gains in 2018 and ended the year down 4% to 6%. Meanwhile, while stocks were displaying their volatile price swings, US Treasury yields for longer-dated issues were declining by.45% Dorothy has been with Penn Community Bank and its predecessor since November, 2004. 19% at year-end, 2018, down from.52%

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Marketing Community Bank Community Risk Management 60

Independent Banker

JUNE 30, 2022

Last year, community bank loan producers were faced with both record-low interest rates and a glut of deposits. But as they always do, they came through for individuals and businesses in their communities with a combination of personalized service and prudent risk management practices. Photo by Linkes Photography.

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Community Bank Community National Philadelphia 172

Abrigo

MARCH 24, 2021

Growing loans, earnings are banks' top challenges in 2021. The top banking challenges in 2021 are growing loans and earnings, according to Independent Banker’s recent 2021 Community Bank CEO Outlook survey. Technology sets up future lending success. For us, these are sizable, meaningful relationships.”

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Lending Technology Survey Examples 221

Gonzobanker

DECEMBER 20, 2019

. ————————————————————————— The ‘En Vogue’ Trend of the Year – Credit unions buying community banks. That’s us.” Might be time to. Well done, sir! at Kony’s Accelerate conference.

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Idaho Conference Data Marketing 148

Gonzobanker

MARCH 21, 2017

New regulations sidetracked us.”. Think about how far we’ve come: tired banks now just accept this BS like it’s part of doing business. Not only do we not trust what the vendors are telling us about product releases, but we’d be recklessly naïve if we did. Otherwise, GonzoBankers, the joke is on us. Rebuilding Trust?

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Phoenix Lending System US 60

Gonzobanker

MARCH 21, 2017

New regulations sidetracked us.”. Think about how far we’ve come: tired banks now just accept this BS like it’s part of doing business. Not only do we not trust what the vendors are telling us about product releases, but we’d be recklessly naïve if we did. Otherwise, GonzoBankers, the joke is on us. Rebuilding Trust?

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Phoenix Lending System US 60

Gonzobanker

DECEMBER 22, 2015

The stash of food additives and chemical compounds at home seem sufficient to help us deal with the onslaught of relatives over the next few weeks, so there’s reason for optimism on that front. BTW, it’s amazing how much an impending industry funding issue can get us focused again. ‘C’mon Community bank marketing resources.

Community Bank 60

Community Bank Apple Community Technology 60

Gonzobanker

DECEMBER 22, 2014

Bank Acquisition of the Year - BB&T Corp. Nice community bank culture fit between the two as well. Bank Merger of the Year – California United Bank and 1 st Enterprise Bank in Los Angeles. Toxin of the Year (Make that Decade) Award – Lack of commercial automation at most banks.

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Los Angeles Apple Risk Management California 101

South State Correspondent

JUNE 13, 2022

Banks that are looking to enhance their risk management practices should consider incorporating the concept of the velocity of risk into their enterprise-wide risk management practices. Some risks occur slowly; others strike quickly and hard. Optimizing Risk. Consider the risk above.

Risk Management 195

Risk Management Examples social media Management 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. A humble leader shows us all how it’s done.

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Fintech Community Regional Technology 195

Jeff For Banks

FEBRUARY 3, 2017

Who is ready for all of the change that is about to be upon us? He has used his slogan of Make America Great Again to show that his focus will be on the US and the US economy. Most recoveries in the US have averaged far more than that. So what has been holding us back? Change Happy 2017, everyone!

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Marketing Taxes Regulation US 60