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At last, a Washington idea community banks and credit unions can use.

Long Lasting Ideas

Often in this space, we’ve written about how Washington has made community banks its personal punching bag. Sarbanes-Oxley, Dodd-Frank, the FDIC and other financial regulators – as well as Congress and the White House — have not been friendly to community banks, all while bailing out Wall Street big boys.

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Disruptors: The bogeyman for traditional banks?

Long Lasting Ideas

And while some innovations, like mobile banking apps, are marvelous opportunities for community banks to improve customer service and solidify their customer base, there are some scary trends at play that could radically transform banking as we know it and spell bad news for smaller banks.

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Could FASB’s Proposal Put A Few Nails In Bankers’ Coffins?

Long Lasting Ideas

FASB’s complex proposal (Current Expected Credit Loss, or CECL) would force community banks to record a provision for credit losses the moment they make a loan. at Bank Marketing Strategy + Ideas. Let’s look back a few years at around 2007 and 2008, around the time of the Great Recession.

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FDIC’s welcome sign for de novos might as well be unplugged.

Long Lasting Ideas

These days, when some in the political circle are calling for an expansion of Dodd-Frank, the chairman of the FDIC, Martin Gruenberg decided in April to ease regulations in an effort to try to jump start the creation of new banks. at Bank Marketing Strategy + Ideas.

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What Bank Marketers Need to Know About Consumer Trust

Long Lasting Ideas

But in a highly regulated and conservative environment, it is easy to focus on the negative aspects of reviews. bank marketing strategy community bank marketing consumer trust credit union marketing Nielsen bank research reviews testimonials'

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Building your growth plan: Key metrics to consider - Part 4

Abrigo

Technological innovation has enabled FinTech start-ups to compete in a field previously dominated by banks and credit unions. At the same time, early adopters of new technologies, like mega banks, are edging out community banks and credit unions in the fight for customers and creating a rapidly consolidating industry.

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FinovateFall 2017 Live Blog – Day 2

William Mills

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. They are showing three use cases, now “Whitefall Bank & Trust.”

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