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7 ways community banks can boost profitability

Independent Banker

of digital banking customers said they switched to digital banking because of the pandemic. Source: 2021 Provident Bank survey. These days, there’s a lot to contend with as a community bank, from changing consumer behaviors due to the pandemic to uncertainty surrounding the economy and inflation. Quick stat.

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Beneficial State Bank’s financial activism

Independent Banker

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.

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The West’s low-caf city

ABA Community Banking

Portland lacks the fervor of Seattle—but that''s good, say bankers Management Financial Trends CSuite Community Banking. 1Management'

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Washington Federal Adds Former B of A Exec to Board

American Banker

Washington Federal in Seattle has named Erin Lantz, a general manager of mortgages at Zillow Group, to its board. Lantz, 37, worked at Bank of America from April 2003 to 2010, eventually serving as senior vice president of program management.

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GonzoBanker Awards 2017

Gonzobanker

Endless CRM and data management projects that shook our foundations and gutted our PMOs. 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. This year brought us: Mergers out the yin-yang.

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A New Human Connection

Independent Banker

ATMs with video connections to bank staff in a centralized back office have been getting a lot of buzz within the industry. For some community banks, video tellers, sometimes called interactive teller machines or ITMs, can work well for select markets or under certain conditions, experts say.

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The 2022 GonzoBanker Awards

Gonzobanker

Hats off to Thomas Shara at Lakeland and Tony Labozzetta of Provident for architecting the new $25 billion super-community bank in New Jersey. GonzoBanker of the Year: Bank. David Brager, Citizens Business Bank (Ontario, Calif.). Steven Schnall, CEO of Quontic Bank. The Smarter Bank Customer Experience Award.

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