Jeff For Banks

MARCH 31, 2018

The state's municipal deposits approximate $20 billion , $13 billion of which are in community banks. According to the Investment Company Institute , money market funds stood at $2.8 And as the chart below shows, these funds are typically paying more than double the community bank money market account rate.

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FDIC New Jersey Pennsylvania Community Bank 60

Jeff For Banks

MAY 4, 2013

On a recent Sunday, the headliner in the Business Section was about the retiring Bob Enck, a long time community banker in my hometown, Elizabethtown, Pennsylvania. Bobby Enck is a relic of an old time era in banking, when you started and finished your career at the community bank in the center of town.

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Community Community Bank Pennsylvania Strategy 86

Jeff For Banks

JUNE 20, 2013

Take my home state, Pennsylvania, for example. We do business with both banks and CUs in the state. Admittedly, mostly banks. But I pulled deposit market share data for the state, and the results are telling (see table). deposit market share in the state, or $33 billion out of $345 billion total.

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Resources Pennsylvania Marketing Community Bank 111

American Banker

FEBRUARY 29, 2016

of Pennsylvania was negotiating to buy Fox Chase Bancorp when its stock plummeted in August. Univest Corp. The decline prompted Fox Chase to seek other offers, while forcing Univest to adjust its proposal to prop up the deal value.

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Pennsylvania Marketing Community Bank Community 28

American Banker

FEBRUARY 29, 2016

of Pennsylvania was negotiating to buy Fox Chase Bancorp when its stock plummeted in August. Univest Corp. The decline prompted Fox Chase to seek other offers, while forcing Univest to adjust its proposal to prop up the deal value.

Pennsylvania 28

Pennsylvania Marketing Community Bank Community 28

Independent Banker

AUGUST 26, 2015

A Pennsylvania community bank’s perspective on the rewards and potential perils of developing a separate business line. Forming new business lines—if carefully planned and considered—can be a potentially significant way for a community bank to boost revenues and profits. By Katie Kuehner-Hebert.

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Operations Community Bank Community Management 70

Jeff For Banks

DECEMBER 13, 2018

My method was to search for the best banks based on total return to shareholders over the past five years. I chose five years because banks that focus on year over year returns tend to cut strategic investments come budget time, which hurts their market position, earnings power, and future relevance than those that make those investments.

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Oregon Ohio California Community Bank 101

Jeff For Banks

DECEMBER 7, 2019

My method was to search for the best banks based on total return to shareholders over the past five years. I chose five years because banks that focus on year over year returns tend to cut strategic investments come budget time, which hurts their market position, earnings power, and future relevance than those that make those investments.

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Indiana Oregon South Dakota Community Bank 78

Jeff For Banks

APRIL 17, 2010

The Pennsylvania Turnpike’s Valley Forge rest stop is a common waypoint for me on my travels. So why can’t we achieve premium pricing in community banking? A response I often receive is that money is a commodity, and one bank’s greenbacks are the same as another’s. Not to lay all of this at the feet of marketing.

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Branding Management Community Bank Community 60

Jeff For Banks

DECEMBER 1, 2015

In the chart below, derived from The Kafafian Group’s (TKG) peer database of hundreds of community bank branches, we see that the revenue generated from deposit spreads, asset spreads (typically consumer loans), and fees (typically deposit fees) as a percent of branch deposits averaged 2.08% for commercial banks and 1.88% for thrifts during 2014.

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Pennsylvania Community Bank Community Taxes 60

Jeff For Banks

DECEMBER 29, 2015

These rules that are hatched by bureaucrats and implemented over large geographies are the very reason community banks should be beating the crap out of my bank and other SIFI banks. I doubt there is anybody in Pennsylvania, where my branch is located, that weighed in on that decision. It wasn't my choice.

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Community Community Bank Pennsylvania Policies 60

American Banker

MARCH 14, 2016

Royal Bancshares of Pennsylvania, which spent three years righting the ship, is ready to poach bankers and clients who might be upset with recent consolidation in Royal's home state. While it could look at deals, Royal is primarily hoping to steal market share with a private-banking model, loan production offices and technology upgrades.

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Pennsylvania Technology Marketing Community Bank 28

Banking 2020

AUGUST 24, 2015

This reason, among many others, is why marketers know that it’s something they need to pay attention to, if they aren’t already. Sabrina: Angie, I’m first curious about how you got involved in search marketing. Mobile should be at the forefront of your plan and definitely at the forefront of your search marketing strategy.

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Industry Pennsylvania Marketing Mobile 40

Banking 2020

AUGUST 18, 2015

This reason, among many others, is why marketers know that it’s something they need to pay attention to, if they aren’t already. Sabrina: So given your experience and the time that you spent in the industry, why do you think search marketing is so important these days? What do you find interesting about it? Sabrina: That makes sense.

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Industry Pennsylvania Marketing Mobile 40

Jeff For Banks

NOVEMBER 3, 2019

Nor do they perform worse." ~ Katherine Klein, University of Pennsylvania Do you know how difficult my life might become for the above quote? Perhaps I would add community contacts to the list for a community bank board. But I don't think the list speaks to race or gender specifically.

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Community Pennsylvania Chicago Operations 60

Jeff For Banks

AUGUST 29, 2012

This was one of the points made by Lisa Schultz of Stifel, Nicolaus, Weisel, an investment banking firm that specializes in FIs, at a recent Pennsylvania bankers conference. Therefore, all of the action to attract capital was in the institutional market. Maximize retained earnings to reduce the need to visit the capital markets.

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Capital Retail Pennsylvania Community 87

Jeff For Banks

JULY 14, 2021

I thought it provided great insights for Jeff4Banks readers, and I've accompanied the description of the seven questions with how it pertains to banking. How does your company plan to grow: M&A, organically (that is, by driving new or existing products to new or existing markets), or both?

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Capital Strategy Management Company 78

PYMNTS

MARCH 18, 2019

A financial dispute between two University of Pennsylvania freshmen roommates that took place 10 years ago sparked a financial revolution. Although only 60 banks and credit unions (CUs) have made Zelle available to their customers, approximately 230 have signed up for the service.

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Security Fraud User Experience California 148

Jeff For Banks

DECEMBER 9, 2014

In fact, when I searched (via Bing) "Washington Trust Bank", a $4.7 billion in asset community bank based in Spokane and founded in 1902, I had 74,900 hits. Strategy team''s perform a Situation Analysis prior to developing bank strategy, surveying reams of facts to get an accurate assessment of their operating environment.

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Washington Pennsylvania Strategy Community 104

Gonzobanker

DECEMBER 14, 2023

Not the financial industry’s “Troublemakers ” – those regional and community banks, credit unions and supporting fintech entrepreneurs who continue to engage customers and communities and find niches that keep the grassroots of our country’s financial system alive and kicking. billion bank in the Mid-Atlantic region.

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Fintech Community Regional Technology 195

Gonzobanker

DECEMBER 20, 2018

Although all banks faced stock headwinds in 2018, we give the nod to William Demchak at PNC Financial Services. PNC made a Gonzo move with a national digital expansion in 2018 with the unique idea of building a small number of branches in target metro markets like Kansas City and Dallas. GonzoBanker of the Year – Mid-Size Banks.

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Fintech Conference Innovation Community 105

Gonzobanker

DECEMBER 19, 2016

Or the need to take market share in a slowest growth region? Acquisition of the Year – Guaranty Bank and Trust Company in Colorado for its acquisition of Home State Bank. A wonderful franchise and team picked up by Guaranty in-market at a decent price. Best Free Market Research a Retail Banker Will Ever Get.

Utah 60

Utah System Community Marketing 60

Gonzobanker

DECEMBER 19, 2016

Or the need to take market share in a slowest growth region? Acquisition of the Year – Guaranty Bank and Trust Company in Colorado for its acquisition of Home State Bank. A wonderful franchise and team picked up by Guaranty in-market at a decent price. Best Free Market Research a Retail Banker Will Ever Get.

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Utah System Community Marketing 60