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4 tips for better vendor management

Independent Banker

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

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How One Community Bank’s RTP Journey Offers A Path For Others

PYMNTS

PYMNTS' latest Real-Time Payments Report done in collaboration with The Clearing House looks at the matter through numerous use cases, none more informative than that of New Jersey-based community bank Cross River , with its enthusiastic embrace of real-time payments (RTP). If only enthusiasm were enough.

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How to collect positive customer reviews

Independent Banker

Customers do their due diligence to make decisions that are important to them, especially their financial security. Community banks need to pay attention to what’s being said about them in those spaces. Northpointe Bank, based in Grand Rapids, Mich., Miller is a writer in New Jersey. Quick Stat. But the $3.9

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Will "Plain Vanilla" Kill Community Banking?

Jeff For Banks

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. A similar argument could be made for the former Commerce Bank of Cherry Hill, New Jersey. I hear and read this often.

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Predicting the Next Banking Crisis Is a Fool’s Game. Not Learning From the Last One: Equally Foolish

Jeff For Banks

//Jeff Marsico remarks to the 2023 New Jersey Bankers' Association Annual Convention: May 19, 2023// Four decades ago, the prolonged savings-and-loan crisis devastated the industry. Between 1980 and 1995, more than 2,900 banks and thrifts with collective assets of more than $2.2 To you, manage your interest rate risk.

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Top News In Payments: Elavon To Buy UK Gateway Sage Pay; Germany To Make Digital Payment Providers Open Systems To Rivals

PYMNTS

Securities and Exchange Commission (SEC) is reportedly looking into WeWork to see if the embattled firm went against financial rules while it was gearing up for its initial public offering (IPO). 1 when City National Bank of New Jersey closed its three branches. SEC Probes WeWork For Potential IPO Violations.

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Banking's Top 5 in Total Return to Shareholders: 2017 Edition

Jeff For Banks

Today, NPL/total loans is a manageable 0.94%, and the Bank ROA/ROE year-to-date is 1.22% and 11.61% respectively. is the holding company for Parke Bank, a $1.1 billion in assets commercially focused community bank based in southern New Jersey, serving Philadelphia and its suburbs. Parke Bancorp, Inc.