Independent Banker

JUNE 30, 2022

If community banks put in the effort to foster a sense of belonging, the result is a stronger workplace culture, greater employee loyalty and, ultimately, a better experience for customers. So, how can community banks build truly inclusive cultures, where everyone feels like they belong? Misti Stanton, Mercantile Bank.

Community Bank 91

Community Bank Community Leadership Millennials 91

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.

Fintech 136

Fintech Marketing Community Bank Community 136

PYMNTS

FEBRUARY 15, 2018

For community banks serving small- to mid-sized businesses (SMBs), training an eye on credit cards can translate into additional revenue streams and tap into an unmet need for those SMBs. Kearney found 26 percent of small business cardholders have community banking relationships in place.

Community Bank 118

Community Bank Community Cards United States 118

Independent Banker

DECEMBER 31, 2021

As social media platforms tinker with their algorithms, marketing experts say one trend is clear: Paid social campaigns are becoming increasingly necessary to cut through the noise and reach customers. They share tips for how community banks can get started. Sometimes, the marketing team is a one-person show.”.

Marketing Strategies 91

Marketing Strategies Strategy Marketing social media 91

Abrigo

JANUARY 1, 2016

Government Accountability Office (GAO), community banks and credit unions are starting feel the impact of the Dodd-Frank Wall Street Reform Act. The GAO report, released on December 30th, examined nine Dodd-Frank rules that became effective as of October 2015 for impact on community banks and credit unions.

Community Bank 150

Community Bank Community Compliance Training 150

Gonzobanker

APRIL 25, 2024

Once upon a time, First Southern Farmers, Merchants & Community Bank & Trust (or FSFMCBT, for short), a community bank in Anytown, USA, was renowned for its neighborly charm. When Calvin DoRight founded the bank in 1948, delivering exceptional customer service was his dream.

System 134

System Training Community Bank Management 134

Independent Banker

OCTOBER 1, 2022

Neil Zick, president and CEO of Twin City Bank, helped Tim Norris obtain financing to start The Link Cannabis Co. When Oklahoma legalized the sales of cannabis for medicinal purposes in 2018, executives of $550 million-asset Blue Sky Bank in Tulsa, Okla., decided to take a close look at that market. Chris Hartman, Cogent Bank.

Marketing 113

Marketing Compliance Community Community Bank 113

Independent Banker

OCTOBER 1, 2022

Community banks are at a critical juncture when it comes to cybersecurity. With cybercrime becoming increasingly complex and sophisticated, community banks must remain vigilant and monitor and manage their critical infrastructure. Training employees and customers. By Charles Potts, ICBA. Governance.

Innovation 139

Innovation Community Bank Training Community 139

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.

Community Bank 116

Community Bank Community Innovation Millennials 116

South State Correspondent

AUGUST 8, 2022

There is much discussion in the market about the current inverted yield curve between the two and ten-year Treasury yields. This article will consider the forecasted yield curve (Fed Funds vs. ten-year financing) for the next few years and show a tactic of how community banks can take advantage of this shape. Forecasting Errors.

Community Bank 195

Community Bank Community Marketing Strategy 195

Abrigo

MAY 24, 2024

Takeaway 1 Implementing the FedNow Service can help reduce interbank obligations, expand market reach, and enhance customer experiences. Many of Abrigo's 2,400 community bank and credit union clients plan to incorporate the FedNow Service into their product offerings. Would you like other articles like this in your inbox?

How To 243

How To Fraud Resources Georgia 243

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

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

South State Correspondent

JANUARY 4, 2023

In addition, with the threat of a recession and dramatically increasing cost of funds, there is a solid argument to be made that banks should be shrinking rather than growing. That said, smart banks will make growth a byproduct and ensure they have all their other processes right. Then there is credit.

Community Bank 195

Community Bank Capital Lending Training 195

South State Correspondent

JULY 18, 2016

If you have an MBA or have any corporate strategy training, undoubtedly you have been exposed to the famous Boston Consulting Group’s Boston Matrix. The framework is used by many banks today and charts each line of business along the twin dimensions of growth potential and market share.

Boston 150

Boston Training Community Bank Community 150

Independent Banker

DECEMBER 31, 2022

The skills needed to succeed in the workplace are changing, with companies placing greater value on soft skills like communication and leadership. In response, community banks have an opportunity to revisit hiring policies and training programs. Being a community bank, our customers are our neighbors.

Training 98

Training Community Bank Community Knowledge Base 98

South State Correspondent

APRIL 18, 2023

We concluded that the market does not adequately compensate banks for credit and interest rate risks. Top-performing community banks deploy relationship banking. We define relationship banking as a model focused on a consultative banking approach. uses at our bank.

Strategy 195

Strategy Regional Industry Community Bank 195

ABA Community Banking

OCTOBER 21, 2019

From simplified 10-step online account openings, to value-added robo-advising, to “certified digital bankers,” OceanFirst Bank delivers a new community banking experience. The post How One Community Bank Is Reinventing CX for the Digital Age appeared first on ABA Banking Journal.

Community Bank 49

Community Bank Community Online Customer Experience 49

South State Correspondent

APRIL 3, 2023

While there have always been problems in banks’ asset-liability models (ALM) and liquidity stress test models, the current environment exacerbates this problem. Banks take a pool from 2018, as an example, and then track runoff to the present. This reduces the duration of these non-maturity deposits.

social media 195

social media Community Bank Analysis Training 195

Independent Banker

MAY 31, 2022

In April, ICBA won an Association Trends 2022 TRENDY Award for a social media initiative opposing plans that would require community banks to report additional customer account information to the Internal Revenue Service.

social media 91

social media Data Community Bank Community 91

South State Correspondent

NOVEMBER 13, 2023

Our article last week ( HERE ) discussed the “power of three” marketing rule and how to use it for loan proposals. We have enhanced our website to be a marketing resource for our lenders, and we make it available to all community bankers (without charge or any other obligations).

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Tools Online Marketing Community 195

Abrigo

MAY 8, 2024

Background for genAI use cases Defining generative AI for banking Generative AI is a class of artificial intelligence (AI) models that can create new content—text, images, audio, or video—from existing data. It’s showing up in music and entertainment , education , healthcare , and marketing.

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Examples Fraud Resources Risk Management 221

Independent Banker

AUGUST 31, 2022

Job seekers are in the driver’s seat across most industries, including community banking,” says Lindsay LaNore, group executive vice president and chief learning and experience officer for ICBA. However, community banks have a big opportunity to stand out from the crowd of potential employers.”. Put people first.

How To 91

How To Louisville Community Bank Training 91

Independent Banker

OCTOBER 1, 2022

But as the prevalence of security breaches grows, so do the opportunities for community banks to position themselves as guardians of their customers’ personal data through compliance, technology and relationship building. Shielding sensitive customer information from prying eyes remains a chronic industry challenge. Bob Hickok.

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Data How To Community Bank California 91

Independent Banker

MARCH 31, 2022

Whether achieved by internal or external resources, community banks provide valuable support for small businesses. By providing “bonus” services to small businesses, such as startup loan programs and referral services, community banks prove themselves to be reliable financial partners, with mutually beneficial results.

Community Bank 91

Community Bank Wisconsin Community Resources 91

Independent Banker

JUNE 30, 2022

Effects of the pandemic and other factors creating unpredictability have changed how community banks approach their credit and lending operations. These experts share nine tips and credit risk best practices to offer stability in an ever-changing market. John Beller, CEO of $160 million-asset Bank of Cave City in Cave City, Ark.,

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Management Community Bank Community Regulation 103

Independent Banker

JULY 31, 2022

Fallout from recent global events presents an obstacle to generating revenue for community banks. Since COVID-19, profitability planning for community banks has mainly hinged on how the government was coping with the pandemic and the key role financial institutions played in keeping the economy afloat. By Elizabeth Judd.

Strategy 135

Strategy Community Bank Louisville Community 135

Abrigo

DECEMBER 17, 2021

Takeaway 2 When evaluating a fintech partnership, ask how the vendor will help with integration, training, and ongoing success. As the saying goes, “the only constant in life is change,” which is certain for the banking industry. Are there added fees involved for training? How easy is it to access assistance from the vendor?

Fintech 195

Fintech How To Innovation System 195

PYMNTS

OCTOBER 22, 2019

This developing world of payments and the fierce competition offered by non-traditional providers of financial services presents big challenges to smaller and community banks – those financial institutions (FIs) with less than $10 billion in assets. That brings [smaller] banks an immediate string of deposits,” Good said.

Community Bank 116

Community Bank Community Operations Leadership 116

South State Correspondent

NOVEMBER 27, 2022

The French Deposit Defense stops a bank from executing a deposit promotion in a local market. Let’s say Bank A comes out with a 2.00% money market account, which is substantially above the current market average of 25 basis points (current money market promotions HERE ). The Coup de Grâce.

Management 195

Management social media Marketing Strategy 195

Independent Banker

APRIL 30, 2022

Operations play a role across multiple facets of community banking, including account onboarding, payments and transactions, fraud analysis, compliance and regulatory guidelines. On a practical level, what steps can community banks take to strengthen their back-office operations? Consider collaboration opportunities.

Innovation 91

Innovation Community Bank New York City Community 91

South State Correspondent

AUGUST 15, 2022

At SouthState, our commercial lending teams use an online proposal generator, and we make that same app available to any community bank. Lenders can also view proposals generated by colleagues to understand market pricing in order to achieve greater consistency across the organization. Why The Loan Proposal Generator Works.

Tools 195

Tools Lending Online Training 195

South State Correspondent

AUGUST 15, 2022

At SouthState, our commercial lending teams use an online proposal generator, and we make that same app available to any community bank. Lenders can also view proposals generated by colleagues to understand market pricing in order to achieve greater consistency across the organization. Why The Loan Proposal Generator Works.

Tools 195

Tools Lending Online Training 195

South State Correspondent

MAY 9, 2023

Last week ( HERE ), we looked at how deposit account tiering is used, some of the objectives that banks might employ, and the effectiveness of tiering in total. As discussed last week, many banks tier without objective, without data, and without supportive marketing, thus rendering the methodology worthless and possibly hurtful.

Data 195

Data Training National System 195

Gonzobanker

MAY 23, 2024

Cornerstone surveyed over 300 community banks and credit unions and found that more than 60% are not satisfied with their current core provider across several categories. Gaining a real-world understanding of options in the core market and assessing how well the current core is being leveraged are two great places to start.

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System social media Technology Training 109

ABA Community Banking

AUGUST 3, 2021

Bank marketing skills and experience can inform and inspire professionals to take on new leadership challenges. The post Career Profile: From Bank Marketing to Chief Diversity Officer appeared first on ABA Banking Journal.

Marketing 59

Marketing Leadership Training Community Bank 59

Abrigo

MARCH 6, 2017

3) @JohnRBarlow – John Barlow is president of Barlow Research, which provides market research for commercial banks. His Tweets mix news about middle market, small business and business internet banking with occasional pop culture references. It often Tweets columns tied to breaking news and statistics.

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social media Lending Community Community Bank 150