Abrigo

SEPTEMBER 16, 2019

Community bankers are largely positive about the future, based on the first results of a new index gauging business sentiment among the financial professionals who serve a critical role in local economies. How do you expect the regulatory burden on your bank to change over the next 12 months? Grow your loan portfolio. Learn More.

Community Bank 150

Community Bank Community Policies Survey 150

PYMNTS

APRIL 12, 2019

Community banks are voicing their frustration with what they say is a lack of competition in the market for corporate bank technology providers, reports in The Wall Street Journal said Thursday (April 11). Community banks say their services are often too expensive and can sometimes be delayed.

Community Bank 123

Community Bank Community New Jersey Fintech 123

Independent Banker

DECEMBER 1, 2021

Many of today’s banks have recognized this shift and are looking for new ways to attract, engage, and retain their customers, all while providing a great experience. Increasing role of technology. 50% of consumers now interact with their bank through mobile apps or websites weekly – up from 32% two years ago.

Community Bank 91

Community Bank Community Fintech Guidelines 91

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. He underscores how fiscal spending, the need to spend on green technology, remilitarization of the world, and the restructuring of global trade are all inflationary.

Community 195

Community Community Bank Leadership America 195

Bank Innovation

JULY 19, 2017

Pittsburgh-based PNC Financial Services Group is making a significant digital push this quarter, and highlighted a number of areas this is benefiting the bank’s consumer business. But the most significant revelation from the company’s earnings call yesterday may be that digital banking allows any bank to become national.

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National Digital Banking Groups Company 302

Independent Banker

MARCH 31, 2022

Executive committee members tell us what advocacy issues they’ll be focused on during their terms, while board members share their words of wisdom for up-and-coming community bankers: themselves. To sum it up, these leaders are all in and all heart for community banking. We are not Wall Street banks—we are community banks.

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Community Bank Community Industry Texas 239

South State Correspondent

MARCH 21, 2023

The need for a known, reliable brand creates an excellent opportunity for community banks to help small business customers while building deposit balances. Community banks can now white label this same product to onboard and process employee retention tax credits for the bank’s small business customers AND prospects.

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Taxes Community Bank Community Operations 195

South State Correspondent

SEPTEMBER 20, 2023

The value driver in cash management is that it is usually some sort of operating account at the bank. As such, operating accounts have low-interest rate sensitivity. We have also included the IBIS World 2024 risk ratings to provide some context for the credit and operating risk of the counterparty.

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Management Survey Industry Community Bank 195

South State Correspondent

DECEMBER 8, 2023

In recent years, product selection, advisory, technology, and a commitment to help support growth have jumped up in importance. A critical takeaway from the conference was the changing nature of small business needs and the changing nature of the small bank persona. Increasing lifetime value was a common discussion with every bank.

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Conference Retail Community Bank Technology 195

Independent Banker

NOVEMBER 30, 2021

Community bankers’ awakening to new possibilities has made for an impactful year and will help position community banks to flourish in 2022 and beyond. This awakening to innovation among community banks continues to spread. Take, for example, Queensborough National Bank & Trust Co.

Community Bank 134

Community Bank Community Innovation Video 134

Independent Banker

JUNE 30, 2022

The Peoples Bank helped the Jones family of Legacy Dairy in Hiseville, Ky., From left, Ally Jones; bank chairman, president and CEO Terry L. Last year, community bank loan producers were faced with both record-low interest rates and a glut of deposits. The bank provides crop insurance to farmers in 11 states.

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Community Bank Community National Philadelphia 172

South State Correspondent

AUGUST 22, 2023

The opportunity for the product is that for an average community bank, 83% of their commercial, non-profit, and municipal customers are NOT using treasury management services. This likely creates the most significant single profitability lift for any bank.

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Management Community Bank Survey Community 195

PYMNTS

MARCH 26, 2020

To regain some of that ground, Connie Davis, senior vice president at FIS , told PYMNTS in a recent interview, FIs — particularly credit unions (CUs) and community banks — must transform the way they think about digital offerings and connected experiences. The technology has moved with the times,” Davis told PYMNTS.

Community 247

Community Community Bank Mobile Cards 247

Independent Banker

JULY 31, 2022

Observing the gap in pandemic relief in south Florida due to a lack of local community banks, a trio of banking veterans teamed up to form a digital-first community bank—and were granted a charter in record time to support local businesses. Name: Locality Bank. Keith Costello, Locality Bank. “We

Florida 91

Florida Community Bank Community FDIC 91

PYMNTS

JULY 3, 2020

As many teams within businesses big and small had continued to rely on paper and manual processes, AP operations were tasked with migrating to a work-from-home environment quickly. Accounts payable (AP) teams and other financial functions of the enterprise were some of the hardest hit by the disruption caused by the global pandemic.

Regional 214

Regional New Hampshire Tools Vermont 214

PYMNTS

OCTOBER 6, 2020

Of course, the pandemic has forced banks – like all businesses – to rethink their priorities and make adjustments to how they interface with customers. unveiled its next generation of operating software for ATMs, designed to integrate the now decades-old cash-dispensing machines into the digital age. On Monday (Oct. 5) NCR Corp.

Digital Banking 256

Digital Banking ATM Mobile Atlanta 256

Independent Banker

SEPTEMBER 30, 2021

Changing customer banking habits means it’s more important than ever for community banks to use every tool at their disposal. Community banks may have longstanding relationships with their core vendors, but that doesn’t always mean they keep up to date on all the latest features and functionalities.

Community Bank 91

Community Bank Community Milwaukee Jacksonville 91

South State Correspondent

JANUARY 4, 2023

That said, smart banks will make growth a byproduct and ensure they have all their other processes right. In addition, they may consider focusing on these five critical areas: Improve Operating Leverage. This combination means that banks will need to focus on the quality of their earnings.

Community Bank 195

Community Bank Capital Training Lending 195

Independent Banker

OCTOBER 31, 2022

AI can help solve customer pain points—but does it mean community banks will lose the personal touch they pride themselves on? As community bankers themselves tell us, the answer is no. The estimated amount of money banks will save by using AI applications by 2023. Carson Lappetito, Sunwest Bank. By Susan Springer.

Community Bank 91

Community Bank Community Customer Experience Data 91

Cisco

JANUARY 10, 2023

As a change agent serving the financial services industry for over 20 years, it is a great privilege to collaborate with Bank, Insurance, and Wealth Management institutions to devise and execute digital transformation strategy, solve complex business problems, and leverage technology to strengthen business results.

Digital Strategies 174

Digital Strategies Strategy America Innovation 174

Independent Banker

SEPTEMBER 30, 2021

Building trust in your institution has a lot to do with technology, from implementing strong data security practices to humanizing your online customer interactions. But for most community banks, building a trustworthy brand isn’t a conscious effort. billion-asset community bank. Build your community.

Community 139

Community Community Bank social media Security 139

South State Correspondent

APRIL 12, 2022

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. in assets and almost $500B market cap), Dimon emphasizes in multiple ways that the bank’s focus is on the communities in which it operates.

Community 195

Community Community Bank Leadership Lending 195

Abrigo

FEBRUARY 25, 2022

Takeaway 1 Many banks and credit unions want to win more business loans but will face higher rates and more competitors. Takeaway 3 Technology allows lenders to blend these approaches while achieving greater economies of scale. Is making more business loans a top focus at your bank or credit union this year? Siems, Jonathan A.

Lending 195

Lending St. Louis Community Survey 195

PYMNTS

FEBRUARY 25, 2019

The Conference of State Bank Supervisors (CSBS) said earlier this month that it had put in place a set of action items to standardize the national experience of FinTechs and non-bank entities. Our FinTech industry advisory panel did include a few community banks. This is an area that we are studying.”.

Regulation 147

Regulation Fintech Community Bank Community 147

PYMNTS

DECEMBER 8, 2020

economic slowdown fueled by the COVID-19 pandemic is likely to continue into 2021 but could start bouncing back by mid-year as the population gets vaccinated, according to a December survey from the National Association for Business Economics (NABE). Synctera Brings 'FinTech As A Service' To Community Banks.

San Francisco 130

San Francisco Community Bank Video Capital 130

Gonzobanker

DECEMBER 14, 2023

Meanwhile, technology changes continued at a breakneck pace, with generative AI the biggest topic around management tables. The specifics are unclear, but bankers recognized that this will be an absolute game-changing technology in future years, and delivery will change in ways we can’t even conjure yet.

Fintech 195

Fintech Community Regional Technology 195

PYMNTS

SEPTEMBER 26, 2019

Advanced technology is raising the stakes of how CUs should operate, with members now demanding the instant payments and slick mobile interfaces that large banks and FinTechs have made standard,” the Tracker stated. Take the legal hemp and marijuana market, for example. The SMB Loan Opportunity.

Lending 108

Lending Community Bank Community Fintech 108

PYMNTS

OCTOBER 31, 2019

A press release this week said Intellect Design Arena will connect Commonwealth Trade Bank to its Intellect Digital Core Solution, IDC 19.1, The core infrastructure technology will be implemented within the bank’s corporate, lending, treasury, retail, domestic, cross-border payments and other operations, according to reports.

Innovation 101

Innovation Community Bank Customer Experience Operations 101

PYMNTS

AUGUST 12, 2020

Agora Services To White-Label Technology. Banking technology company Agora Services recently announced its plans to white-label its offerings for smaller financial institutions (FIs) with a focus on small business and teen banking solutions. WaFd Bank Bolsters SMB Financing Via nCino. CIH Integrates Finastra Tech.

North Carolina 193

North Carolina Fintech Technology Community 193

South State Correspondent

FEBRUARY 22, 2024

Banks consistently produce under their cost of capital. For example, at present, return on equity performance is about 12% for the average community bank. However, for the average bank, their cost of capital is between 9% and 14% depending on the bank’s equity liquidity with an average of 12.5%. Why is that?

How To 195

How To Strategy Capital Lending 195

Gonzobanker

FEBRUARY 8, 2022

Rather, the difference could be seen in just how significantly technology disruption has slammed its way into bankers’ discussions regarding shareholder value. Maybe instead of Acquire or Be Acquired, this conference should be called Evolve or Be Acquired,” observed Eric Sprink, CEO of Coastal Community Bank in Everett, Wash.,

Fintech 167

Fintech Customer Experience Conference Technology 167

PYMNTS

SEPTEMBER 13, 2016

In a press release detailing the survey results, Entrust Datacard noted that instant issuance technologies were first adopted by smaller banks and credit unions almost a decade-and-a-half ago. The firm has said that, to date, it has instant issuance deployments at more than 30,000 locations globally, with more than 10.6

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Case Study United States Analysis National 100

PYMNTS

OCTOBER 9, 2018

” Small businesses, particularly those in the technology industry, may be affected by some of these changes as well, though Davis added that it depends on the industry in which SMBs operate. According to Cherry Bekaert LLP , Bank of America has allocated a 50-person team to prepare for adjusted credit loss standards.

Community Bank 153

Community Bank Community Report Lending 153

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.

Data 91

Data How To Community Bank California 91

Independent Banker

JULY 28, 2016

Stop and consider: What changes has your community bank undergone recently? Most likely your community bank is larger today, both in accounts and assets, and also its influence within its market area. Its products and services, and advancing technology are driving and transforming its operations.

Community Bank 70

Community Bank Community US Operations 70

Jeff For Banks

JANUARY 27, 2011

I was at a strategic planning retreat a few weeks back where a colleague lauded the concept of bankers getting back to plain vanilla community banking. Is the premise that doing "plain vanilla" banking acceptable? Valley National had an ROA in the fourth quarter of 1.08%. I hear and read this often. I doubt it.

Community Bank 71

Community Bank Community Apple National 71

Gonzobanker

DECEMBER 19, 2022

Hats off to Thomas Shara at Lakeland and Tony Labozzetta of Provident for architecting the new $25 billion super-community bank in New Jersey. The Smarter Bank Technology Award. The team at MVB leaned into innovation five years ago, and now with the acquired Trabian team, this bank leaned deeper into being a tech leader.

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Community Fintech Industry Innovation 216