Independent Banker

APRIL 30, 2022

Independent Banker’s annual listing top-performing community banks of 2021 alongside interviews with some of the winners. In true community bank fashion, each has its own story to tell and its own path to success. In true community bank fashion, each has its own story to tell and its own path to success.

Community Bank 172

Community Bank Community Montana Taxes 172

Independent Banker

AUGUST 31, 2021

A profitability strategy has a lot to factor in given today’s uncertain market. Here’s what community bankers need to know when planning their budgets for the next year. of digital banking customers said they switched to digital banking because of the pandemic. Source: 2021 Provident Bank survey. Quick stat.

Community Bank 170

Community Bank Community Lending Leadership 170

Independent Banker

MARCH 31, 2022

A secure, open-loop, cost-saving, customer-accessible, multiplatform P2P payments network might sound too good to be true, but community bank consortium Alloy Labs Alliance hopes to achieve just that with the CHUCK payment rail. Julieann Thurlow, CEO of $730 million-asset Reading Cooperative Bank in Reading, Mass.,

Community Bank 91

Community Bank Community Payments Meeting 91

South State Correspondent

APRIL 30, 2024

An inverted yield curve, continued bank failures, and the desire to manage risk and offer clients higher service are all factors that are driving more community banks to adopt a loan hedge program. Community banks do this profitably by turning transactional accounts into relationships.

Community Bank 195

Community Bank FDIC Community National 195

South State Correspondent

APRIL 30, 2024

An inverted yield curve, continued bank failures, and the desire to manage risk and offer clients higher service are all factors that are driving more community banks to adopt a loan hedge program. Community banks do this profitably by turning transactional accounts into relationships.

Community Bank 195

Community Bank FDIC Community National 195

PYMNTS

JANUARY 31, 2019

is set to see its first new community bank in decades, as the Federal Deposit Insurance Corporation (FDIC) lent its approval for MOXY Bank to launch in Washington, D.C. With clearance to move forward with its plans, the community banking landscape will see its first new industry player in years.

Community Bank 122

Community Bank Community FDIC Marketing 122

Independent Banker

NOVEMBER 30, 2021

We asked both leaders and staffers to tell us what makes their community banks stand out as employers. Key Community Bank: Leading by example. Key Community Bank. At the heart of Key Community Bank’s work culture is connection. Greg Dennis, Key Community Bank. “We

Community Bank 164

Community Bank Community Texas Leadership 164

Jeff For Banks

JANUARY 14, 2021

In June of 2008 I gave a speech titled "The Death of the Community Bank" and in that speech I made predictions. Prediction: The General Bank will become extinct. Much like competitors nip at community banks' customers. Eighteen percent of that group opened an account at a digital bank. Result: Mixed.

Community Bank 130

Community Bank Community FDIC Strategy 130

PYMNTS

JANUARY 6, 2020

Community banks are pushing for a stronger role with their small business (SMB) customers. However, through an embrace of FinTech collaboration and industry consolidation, community banks appear poised to further dispel assumptions of a lack of digitization. A Consolidating Industry. Strengthening SMB Ties.

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Community Bank Community Payments Fintech 123

Abrigo

MARCH 3, 2022

In today’s banking world, community banks are focused sharply on shareholders’ expectations for growth in earnings and return on equity. So, how can community banks support earnings and ROE growth in the face of intense regulatory scrutiny and competitive pressures on profitability? Changing Lending Environment.

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Lending Community Marketing Community Bank 195

ABA Community Banking

APRIL 21, 2023

The Federal Home Loan Banks play a critical role in market functioning—especially during periods of volatility. The post FHLBs: Meeting liquidity needs in all market conditions appeared first on ABA Banking Journal.

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Meeting Marketing Community Bank Policies 52

South State Correspondent

SEPTEMBER 25, 2023

On September 20, 2023, the Federal Open Market Committee (FOMC) left its benchmark rate unchanged, but it would be a mistake to conclude that the committee did not send a strong message about the projected path of future interest rates. The cost of funds for community banks and non-community banks is shown in the graph below.

Community Bank 195

Community Bank Community Industry Marketing 195

Independent Banker

FEBRUARY 1, 2022

This year, an overwhelming amount of industry and media attention has been focused on sky-high neobank valuations, big tech’s continued foray into banking, and emerging finance trends, like buy-now-pay-later and the growing cryptocurrency market. 44% of consumers and 57% of businesses expect online account opening from their FI.

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Community Bank Community Trends Industry 103

South State Correspondent

APRIL 15, 2024

As usual, it was full of insight that every community banker should consider. Our focus is on information that pertains to the community banking industry. This may lead to stickier inflation and higher interest rates versus market expectations. Bank leaders must obtain knowledge in person.

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Community Community Bank Leadership America 195

PYMNTS

JANUARY 9, 2018

With big banks pulling back from small and medium-sized business (SMB) lending in the wake of the global financial crisis, the market was ripe for someone else to fill the credit gap. Community banks approved 49 percent of SMB loan applications in November, according to the latest data from the Biz2Credit Small Business Lending Index.

Community Bank 131

Community Bank Community Fintech Lending 131

PYMNTS

JUNE 7, 2018

Community banking can be one of the most rewarding and most challenging areas of financial services in which to work — that’s the view, anyway, of Rebeca Romero Rainey, president and CEO of Independent Community Bankers of America (ICBA) , who recently joined the nation’s leading advocacy organization that exclusively represents community banks.

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Community Bank Community Millennials Regulation 157

South State Correspondent

MAY 28, 2024

Most borrowers are implicitly expressing a view that interest rates will be lower in the future than the current market expectation. This view is reflected by a sharp decrease in the average contractual loan commitment term at community banks and an increase in floating vs. fixed rate structures.

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Analysis Community Bank Marketing Community 195

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.

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Fintech Marketing Community Bank Community 136

South State Correspondent

JUNE 21, 2022

This decision coincided with rate hikes by the Swiss National Bank, its first since 2007, the Bank of England, and the European Central Bank announced at an emergency meeting that they would raise interest rates next month and again in September. The Fed Hike will send seven waves toward banks. Conclusion.

Community Bank 359

Community Bank Policies Community Marketing 359

ABA Community Banking

FEBRUARY 6, 2020

Have you heard about the community bank that’s been chugging along for over 150 years, took on “Community Bank” as its name—and “bank happy” as its motto? Meet Community Bank, N.A., The post When a Community Bank Expands Beyond Its Community appeared first on ABA Banking Journal.

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Community Bank Community New York Meeting 69

CFPB Monitor

APRIL 7, 2015

The CFPB’s Community Bank Advisory Council is scheduled to meet in Washington, D.C. According to the meeting agenda , following a welcome by Director Cordray, there will be a discussion of credit scores and credit reporting, and its implications for small financial institutions. on April 22, 2015.

Community Bank 60

Community Bank Meeting Community Washington 60

South State Correspondent

JULY 10, 2023

One possible solution to this dichotomy is for banks to offer interest rate swaps to hedge individual loans. This article will review domestic banks’ adoption of interest rate swaps. Next week’s article will consider the challenges and possible solutions for community banks to adopt loan hedging programs.

Community Bank 195

Community Bank Community Tools Management 195

Abrigo

FEBRUARY 23, 2023

Meanwhile, leaders at small banks recognize that their institutions play a vital role in helping community businesses and individuals not only weather uncertainty but also thrive. How can community financial institution leaders manage their challenges and seize their opportunities at the same time?

Community Bank 195

Community Bank Kansas City Community Lending 195

Bobsguide

MARCH 30, 2022

Among the migrations recently completed or underway, banks are already seeing material results. Finastra announced that 27 community bank customers are working with Finastra to upgrade their legacy core banking solutions to Fusion Phoenix. This is in addition to 15 banks which went live last year.

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Phoenix Community Bank Community System 60

South State Correspondent

APRIL 9, 2024

We estimate that the average contractual loan commitment for term credit at community banks has decreased from just under five years in 2022 to just under three years currently. Community banks should carefully consider the prudence of such a strategy from both a risk and revenue perspective.

How To 195

How To Community Community Bank Marketing 195

PYMNTS

AUGUST 4, 2017

Are community banks missing the chance to climb aboard the faster payments train? Many players in the financial services market were already launching innovative solutions without knowing which guidelines the Fed would recommend for the U.S. faster payments system. faster payment system. When ‘Wait And See’ Won’t Cut It Anymore.

Community Bank 116

Community Bank Community Innovation Millennials 116

Independent Banker

OCTOBER 31, 2022

A convergence of economic and marketplace factors presents community banks with new opportunities for innovation and growth as they look to the new year. For community banks that have yet to start evaluating digital solutions and providers, now is the time to act. Illustration by Alex/Adobe. By Charles Potts, ICBA.

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Fintech Community Bank Kansas City Community 126

CFPB Monitor

APRIL 14, 2022

CFPB Director Rohit Chopra recently gave opening remarks at the joint meeting of the Community Bank and Credit Union Advisory Councils. In them, he expressed a desire to re-direct the CFPB’s attention to the needs of financial institutions used by local businesses and to make relationship banking a key priority for the CFPB.

Community Bank 78

Community Bank Community Meeting Marketing 78

South State Correspondent

OCTOBER 23, 2022

Despite assurances that inflation will not be a problem – when many trillions of dollars of monetary stimulus from the Federal Reserve meet many trillions of dollars of fiscal stimulus from Congress, the inevitable outcome is severe and persistent inflation. Application to Community Banks.

Community Bank 221

Community Bank Community Meeting Lending 221

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.

How To 195

How To Community Bank Community FDIC 195

Abrigo

MAY 22, 2024

Recent stats and dynamics of the small business lending market Understanding the small business lending landscape and potential efficiencies can help banks and credit unions grow their portfolios. Dynamic market Small business lending by banks & credit unions Small businesses are a pillar of the U.S.

Lending 195

Lending St. Louis Community Marketing 195

South State Correspondent

FEBRUARY 27, 2024

Community bankers need to practice realistic loan pricing discipline. However, we need to understand the meaning of pricing discipline and its effect on community bank performance. Unfortunately, this is both incorrect and often leads to bank underperformance. Many banks target profitable commercial clients.

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How To Community Bank Community Management 195

Abrigo

MAY 24, 2024

The FedNow Service enables community financial institutions to stay competitive by meeting instant payment demands. Takeaway 1 Implementing the FedNow Service can help reduce interbank obligations, expand market reach, and enhance customer experiences. Implement it smoothly with these tips on preparing for FedNow.

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How To Fraud Resources Georgia 243

Independent Banker

NOVEMBER 30, 2022

How we hire, retain, recruit and advance our missions amid momentous change will remain a key topic for community bank leaders and will influence our plans for the future. This month’s issue focuses on the best banks to work for, because community banking is about so much more than transactions. Where I’ll Be.

Community Bank 165

Community Bank Tampa Community Meeting 165

Independent Banker

FEBRUARY 28, 2022

We are now exploring the how: how ICBA can help community bankers drive growth through innovation, and how community bankers can better engage new and existing customers. Performance marketing. Good performance marketing platforms follow the complete lifecycle of a customer transaction, and reveal bottlenecks and obstacles.

Community Bank 148

Community Bank Community Innovation Tools 148

Abrigo

APRIL 22, 2024

Recent dynamics of the small business lending market A deep understanding of the small business lending landscape and potential efficiencies can help banks and credit unions grow their portfolios. Dynamic market Small business lending by banks & credit unions Small businesses are a pillar of the U.S.

Lending 243

Lending St. Louis Community Marketing 243

PYMNTS

AUGUST 3, 2017

Some of the strategies outlined in the Task Force report include allowing a market-first approach to governing the faster payments system, greater education efforts for the industry and more research to develop fraud detection systems. Community banks meet the millennial generation.

Community Bank 117

Community Bank Community Report Millennials 117