Independent Banker

NOVEMBER 30, 2021

Community banks use dozens or even hundreds of vendors—making it critical that they have an efficient way to stay compliant, track performance and more. Some banks are using a combination of software and internal personnel and systems to do just that. In addition to its vendor management platform, $2.2

Management 91

Management Community Bank Community New Jersey 91

Jeff For Banks

APRIL 4, 2024

This was the question posed to Bank Profitability students as part of the Oregon Bankers' Association's Executive Development Program (EDP). These were up-and-coming bankers, the future leaders of our industry, identifying industry trends that will have the greatest impact on their bank, in no particular order.

Banking Trends 115

Banking Trends Trends Millennials Oregon 115

Independent Banker

DECEMBER 1, 2021

Here are some helpful tips and discussion points to assist you in core vendor management: . Here are some helpful tips and discussion points to assist you in core vendor management: . Oftentimes conversations with prospective core providers will only be between the bank and the vendor’s sales representative.

Management 103

Management eBook Community Meeting 103

Independent Banker

FEBRUARY 28, 2022

Kathy Strasser of IncredibleBank is evaluating marketing campaign management platforms. Customized, well-thought-out interactions—especially in the online banking space—are integral to wooing new customers and retaining existing ones. Fintechs know how to reach and work with the community. MainStreet Bank’s BaaS move.

Fintech 136

Fintech Marketing Community Bank Community 136

Jeff For Banks

AUGUST 2, 2021

He exemplifies the best of next generation bank leadership, with eyes wide open to the next iteration of banking in our rapidly changing environment. 2/ @Schornack The primary asset of the organization was Flagship Bank Minnesota, a Member FDIC and Equal Housing Lender with two locations in the Twin Cities Metro Area.

Community Bank 78

Community Bank Community Minnesota Metro 78

Independent Banker

JANUARY 31, 2023

Digital media gives community bankers a platform for advocacy, and ICBA’s Virtual Advocacy Primer details how you can put it to work. How can a community banker best connect with a member of Congress? Are you trying to raise awareness about a certain policy or bill affecting community banks?

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social media Meeting Community Community Bank 103

Jeff For Banks

FEBRUARY 24, 2022

On September 17, 2021 in the Scottsdale, Arizona desert, I delivered a speech to a ballroom full of bankers titled: 5 Things I Wish We Did Better. It was well received and was recently picked up by a banking school as an elective class. Number 1 on that list: Project Management. I thought he was being wildly optimistic.

Management 78

Management Community Bank Community Arizona 78

Independent Banker

MAY 31, 2020

That approach doesn’t line up at all with the reality of true leadership. A good leader listens and learns from their team, becoming stronger not by managing singularly, but by evolving concepts and direction based on group input. I’d say that’s the sign of a true leader. Where I’ll be this month.

Leadership 174

Leadership Community Community Bank US 174

Independent Banker

OCTOBER 1, 2022

“While there’s no cyber or data security silver bullet, by bringing the theoretical into a true banking environment, we can begin to establish action plans that speak to real-world attacks.”. Cyber and data security have long been areas of emphasis for community banks, but in today’s escalating digital environment, that focus has grown.

Exercises 126

Exercises Community Bank Community Resources 126

Independent Banker

OCTOBER 31, 2022

We spoke with industry specialists about the priorities for community banks as they build a digital loan process for small businesses. It’s critical for community banks to have online loan applications, process automation staff skilled in digitization and more. Doing so can help community banks: Optimize the loan cycle.

Lending 91

Lending Community Bank Community Illinois 91

Abrigo

DECEMBER 2, 2021

Takeaway 3 Signing up for 2022 conferences is another smart use of surplus budget funds, because some events are offering early-bird discounts. Indeed, deposit levels to transaction accounts among community banks exploded 74% to $896.5 Beef up your loan pricing strategy. Options for Excess Funds. billion from $515.3

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Conference San Antonio Lending Fraud 195

Independent Banker

NOVEMBER 30, 2022

When it comes to supporting outliers in the Las Vegas community, Lexicon Bank knows how to play its cards. Name: Lexicon Bank. Lexicon Bank in Las Vegas opened its doors in August 2019, not long before COVID-19 shut down the city’s entertainment businesses. Photo by Sammy Tillery. By Tom Groenfeldt. Assets: $237.6

Las Vegas 129

Las Vegas Community Bank Community Wisconsin 129

Independent Banker

DECEMBER 1, 2021

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. Name: Beneficial State Bank. The team at Beneficial State Bank believes that banking has the power to bring about radical change. Assets: $1.5

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Oakland Community Community Bank Leadership 153

Gonzobanker

MARCH 9, 2022

Bank executives should take these new deals’ valuations as a sign that the free market sees the future of finance as unbundled from the traditional industry structure. Let’s be clear Gonzobankers, these deals are NOT about massive numbers of bank core replacements. Let’s take a closer look at each deal: Finxact Goes To Fiserv.

Financial Technology 136

Financial Technology Technology Fintech Community 136

PYMNTS

APRIL 17, 2020

The Paycheck Protection Program (PPP) is a $350 billion segment of a $2 trillion federal stimulus package signed into law under the CARES Act earlier this month. And even those that were approved have been slow to see any actual dollars hit their bank accounts and are still waiting.

Community Bank 149

Community Bank Community Maine Georgia 149

Gonzobanker

DECEMBER 22, 2020

Bankers started the year with good business plans, strong balance sheets, and optimism. 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?

Idaho 172

Idaho Community Industry Strategy 172

Gonzobanker

MAY 17, 2022

As technology buyers, banking executives need to up their game on tech purchases and technology performance management. For regional and community banks there has never been a more frustrating time to be a buyer versus a builder of financial technology. The industry lacks an efficient tech ecosystem.

Technology 135

Technology Regional Community Bank Community 135

Abrigo

NOVEMBER 24, 2015

In prepared remarks for the release of the FDIC’s third-quarter version of the Quarterly Banking Profile , Gruenberg said growing interest-rate risk and credit risk warrant “timely attention” by banks and will “continue to be a focus of supervisory attention.” Banks’ net interest margin, on average, ticked slightly higher to 3.08

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FDIC Lending Community Bank Industry 150

Gonzobanker

DECEMBER 17, 2021

THE BANKER AWARDS. Bank Deal of the Year. With prices rational and revenue pinched, there were some nice acquisitions by many banks. Bancorp for grabbing MUFG Union Bank. Lots of tech and operations to clean up, it appears, but no solid bank is better qualified than the team from Minneapolis. Doug Larson.

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Fintech Strategy Leadership Lending 143

Jeff For Banks

MARCH 31, 2018

So worries New Jersey Banker's Association CEO John McWeeney since state-owned bank advocate Phil Murphy was elected governor. The state's municipal deposits approximate $20 billion , $13 billion of which are in community banks. When they bought Strong Asset Management. Marcus is Goldman Sachs online bank.

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FDIC New Jersey Pennsylvania Community Bank 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.

Community Bank 91

Community Bank Community Tampa North Carolina 91

Independent Banker

OCTOBER 29, 2014

About 99 percent of the time I use the app on my phone when I need to do some kind of banking,” Bauhs says. About 99 percent of the time I use the app on my phone when I need to do some kind of banking,” Bauhs says. And the other 1 percent I go into the bank.”. By Ed Avis. Meet Jack Bauhs, your next customer.

Millennials 110

Millennials Community Bank social media Community 110

Independent Banker

NOVEMBER 30, 2021

Premium benefits packages, professional development and TLC during the pandemic—this year’s winners do everything in their power to keep their community bankers happy and fulfilled. We asked both leaders and staffers to tell us what makes their community banks stand out as employers. Key Community Bank.

Community Bank 164

Community Bank Community Texas Leadership 164

Independent Banker

NOVEMBER 13, 2014

About 99 percent of the time I use the app on my phone when I need to do some kind of banking,” Bauhs says. About 99 percent of the time I use the app on my phone when I need to do some kind of banking,” Bauhs says. And the other 1 percent I go into the bank.”. By Ed Avis. Meet Jack Bauhs, your next customer.

Millennials 87

Millennials Community Bank social media Community 87

Independent Banker

FEBRUARY 24, 2016

“I know that unnecessary regulation saps the strength of community banks.” Federal banking regulators are always alert to emerging safety and soundness issues. So our examiners will be vigilant in evaluating credit risk, and banks of all sizes should be as well. Curry, U.S. Comptroller of the currency.

Community Bank 70

Community Bank Community Regulation Compliance 70

Jeff For Banks

DECEMBER 16, 2022

The first bank to crack the Top 5 over $50 billion did so in 2020. As a reference, the best SIFI bank in five-year total return this year was JPMorgan Chase at 82nd overall. My method was to search for the best banks based on total return to shareholders over the past five years. Its headquarters is the only location.

Puerto Rico 78

Puerto Rico Virgin Islands Community Community Bank 78

Independent Banker

APRIL 28, 2016

At HNB National Bank, common-sense banking and remaining disciplined are very key to our success. A strong interest rate margin is almost always present in a high-performing bank. Our senior management team and our employees are like family. We treat the bank just like we own it, and it is ours. HNB National Bank.

Community Bank 70

Community Bank Community National US 70

Independent Banker

DECEMBER 13, 2015

Nevertheless, cash—and coins for rounding up transactions—still plays a primary role in many millions of transactions every day on America’s Main Street. “We We still have a high demand for cash,” says Tylynn Theis, vice president of Harvest Bank, a $130 million-asset community bank in Kimball, Minn.

Community Bank 70

Community Bank Community Maine Mississippi 70

Independent Banker

JULY 31, 2022

Fallout from recent global events presents an obstacle to generating revenue for community banks. Since COVID-19, profitability planning for community banks has mainly hinged on how the government was coping with the pandemic and the key role financial institutions played in keeping the economy afloat. By Elizabeth Judd.

Strategy 135

Strategy Community Bank Louisville Community 135

Independent Banker

AUGUST 31, 2021

This year’s winners: Left: Central Valley Community Bank, People’s Choice Award; Middle: Kennebec Savings Bank, Exceptional Community Bank Service Award; Right: Cross River Bank, Emerging Service Program Award. Exceptional Community Bank Service Award. Kennebec Savings Bank.

Community Bank 196

Community Bank Community National Fresno 196

South State Correspondent

MARCH 15, 2023

While we wrote about the root cause of the failure of Silicon Valley Bank (SVB) HERE , the lessons of the current banking crisis go beyond interest rate risk management. While interest rate risk caused the most significant impact on value, several other factors contributed to the terminality of each bank that was closed.

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social media FDIC Branding Management 195

Independent Banker

OCTOBER 29, 2014

Large banks and nonbanks, merchants and technology companies are pressing to solidify their inroads into the financial transaction business. But how far are they willing to go to do their banking on small mobile devices? So where do ballyhooed mobile banking and payments developments among the biggest players leave community banks?

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Mobile Community Bank Community Technology 105

South State Correspondent

OCTOBER 28, 2022

This was followed by a focus on banking-as-a-service, embedded finance, open banking, Web 3.0, Many of the new banking and payment technologies have now far eclipsed traditional cores’ capabilities. Banks are just starting to realize this. Small Idea – It’s Our Kid’s Technology. That will require a new core.

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Conference Technology Las Vegas Trends 195

Independent Banker

FEBRUARY 25, 2015

Community banks, which will continue to face a growing number of senior customers with everyday cash needs and built-up home equity, should explore this niche lending opportunity, two community bankers providing these specialty loans suggest. The bank closes 35 to 45 reverse mortgages each month.

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Trends Community Lending Community Bank 70

Independent Banker

JANUARY 26, 2016

Of course, community banks are the primary economic engines behind small businesses on Main Street America, funding more than 60 percent of all small-business lending. Of course, community banks are the primary economic engines behind small businesses on Main Street America, funding more than 60 percent of all small-business lending.

Miami 70

Miami Community Bank Community Resources 70

Gonzobanker

MAY 23, 2017

GonzoBankers, let’s say you’re a CIO or CFO at a $400 million community bank or credit union on the verge of (re)negotiating a core contract with one of the Big 3 vendors. You’re about to do battle with a table full of cufflink-wearing sales managers and attorneys. But fear not! Here are four ways to do that: 1.

Community 60

Community ATM Community Bank Course 60

Gonzobanker

DECEMBER 19, 2017

Endless CRM and data management projects that shook our foundations and gutted our PMOs. 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. Heavy core conversions weighing us down. FinTech threats and distractions.

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Conference Industry Community Bank Community 91