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

Gonzobanker

FEBRUARY 22, 2024

For bankers to be successful in the small business lending market, they need to execute on several key tenets: strategy, people, process and technology. Community banks need to analyze the demographics and varied business segments to identify the growth potential of each market. No two markets are created equal.

Lending 78

Lending Community Bank Community Strategy 78

South State Correspondent

OCTOBER 28, 2022

Gartner focused on technology infrastructure, while Money 20/20 was around fintech and payments. Small Idea – It’s Our Kid’s Technology. It was a sobering thought to realize that we are all really building most of this technology for our kids. Complicated technology sucks, but mortality sucks more. Big Idea – Trends.

Conference 195

Conference Technology Las Vegas Trends 195

PYMNTS

APRIL 16, 2019

Cross-border FinTech efforts have seen increasing participation from central banks and monetary authorities. The banks have also agreed to share data on emerging markets. . In one example, the Singapore FinTech Association inked a pact with FinTech Australia to further the development of FinTech across those nations.

Fintech 211

Fintech San Francisco National Innovation 211

CFPB Monitor

AUGUST 20, 2020

federal and state financial institution regulators have taken meaningful, proactive steps to acknowledge financial inequality issues, reach out to traditionally underserved populations to expand access to credit, and further protect consumers from discrimination. This blog post contains a summary of those efforts.

Regulation 78

Regulation FDIC Community Lending 78

PYMNTS

DECEMBER 8, 2020

In today’s top news, economists expect the economy to recover back to pre-pandemic levels by the end of 2021, and China’s banking watchdog warns of further Big Tech regulations. Synctera Brings 'FinTech As A Service' To Community Banks. Plus, online lending startup SoFi is looking to go public through a SPAC.

San Francisco 130

San Francisco Community Bank Video Capital 130

Jeff For Banks

FEBRUARY 20, 2016

On February 14-17 the American Bankers Association held their National Conference for Community Bankers. I made my first trip to the conference because I was asked to moderate a CEO Exchange, where bank CEOs sat, round-table style, discussing their most pressing issues. Regulators frequently drive risk mitigation.

Conference 60

Conference Community National Millennials 60

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. Favorable Regulations. Take the legal hemp and marijuana market, for example. The SMB Loan Opportunity.

Lending 108

Lending Community Bank Community Fintech 108

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

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

PYMNTS

JUNE 11, 2018

So it is that in Asia, a finance organization is seeking to boost the regulatory embrace of new technologies that are geared toward fending off money laundering efforts. community banks hailed some changes to the Dodd-Frank regulations, particularly in regard to how small to medium banks are treated.

Regulation 100

Regulation Community Bank Lending Industry 100

Abrigo

JULY 10, 2020

Community banks and credit unions partnered with their communities to help families and businesses through these unprecedented times , causing spikes in consumer fraud that must be faced head on. Crisis Business Membership Strategy in 2020: Adapting Technology and Executing in the New Normal. C&I Loans.

Fraud 195

Fraud Lending Software Analytics 195

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

Independent Banker

APRIL 28, 2016

Ruby Valley National Bank is not much different from other community banks, except our risk threshold is probably higher than most. Serving a marketplace with a population of 7,800, where cows outnumber people by five to one, our community bank has developed strong agricultural lending expertise.

Community Bank 70

Community Bank Community National Lending 70

Jeff For Banks

MAY 20, 2017

And regulators are getting anxious. and New York Community Bancorp called off their planned merger. Today, I read an American Banker article on how a multi-billion dollar bank is going to ramp up its business lending. Look at technology companies. We perform this service for dozens of community banks.

Lending 60

Lending Regulation Community Community Bank 60

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

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

Independent Banker

APRIL 28, 2016

At HNB National Bank, common-sense banking and remaining disciplined are very key to our success. Surrounding yourself with like-minded people who take their profession seriously is a key to any bank reaching high performance. HNB National Bank. We are a $396 million-asset community bank with 13 branches.

Community Bank 70

Community Bank Community National US 70

Independent Banker

JANUARY 31, 2023

Illustration by Maïté Franchi With educational sessions on hot‑button issues, inspirational speakers and beneficial networking opportunities, ICBA LIVE is the greatest community banking event in the country. Everyone leaves the event with new information in hand to put into action back at their bank.” New connections.

Honolulu 91

Honolulu Community Community Bank Leadership 91

Gonzobanker

DECEMBER 19, 2022

Financial institutions that relied on mortgage banking fee income as a key earnings component have been left to make big adjustments. As if that wasn’t enough, regulators took a sledgehammer to debit fee income with Reg II changes that will begin reducing card-not-present interchange fees starting in July 2023. Goes to MVB Financial.

Community 216

Community Fintech Industry Innovation 216

Independent Banker

JANUARY 28, 2016

As in past years, community bankers will have a dynamic regulatory environment to contend with in 2016. Safety and soundness concerns will remain a prominent driver of that supervisory dynamic for community banks. IB: What safety and soundness issues are the regulators watching out for this year?

Community Bank 70

Community Bank Community Regulation Lending 70

Independent Banker

FEBRUARY 24, 2016

“I know that unnecessary regulation saps the strength of community banks.” Federal banking regulators are always alert to emerging safety and soundness issues. So our examiners will be vigilant in evaluating credit risk, and banks of all sizes should be as well. Curry, U.S. Comptroller of the currency.

Community Bank 70

Community Bank Community Regulation Compliance 70

Independent Banker

JULY 29, 2016

These in-depth and timely professional development programs are designed exclusively for community bankers and led by nationally recognized industry experts who know the issues community banks grapple with. Each certification course is designed to prepare bank professionals to handle essential tasks and responsibilities.

Minneapolis 70

Minneapolis Community Bank Community San Antonio 70

PYMNTS

MARCH 20, 2018

Earlier this month, Senate lawmakers advanced the Economic Growth, Regulatory Relief and Consumer Protection Act, which would exempt credit unions and small banks from regulations implemented under the Dodd-Frank Act, to a vote on the chamber floor. Mark McWatters , head of the National Credit Union Administration (NCUA).

Millennials 110

Millennials Report Community National 110

Independent Banker

FEBRUARY 24, 2015

Carly Fiorina, former CEO and chair of Hewlett-Packard, is a keynote speaker at ICBA’s Community Banking LIVE conference in Orlando. A keynote speaker for ICBA’s national convention, Community Banking LIVE 2015, this month in Orlando, Fla., Of course, community banks have a set of challenges that I didn’t face.

Leadership 70

Leadership Community Bank Community Industry 70

Independent Banker

SEPTEMBER 21, 2015

imberly Anderson, senior vice president and chief administrative officer of Cañon National Bank in southern Colorado, became her community bank’s loan compliance officer in 2003. In early 2004, examiners visited her $253 million-asset bank, an experience that revealed a need—someone with a stronger compliance background.

Compliance 70

Compliance Community Bank Community Training 70

Independent Banker

DECEMBER 13, 2015

However, another ICBA top security priority on Capitol Hill remains to implement uniform national data-security standards, even for retailers. The private and public sectors have to be on the same page to put up a defense and community banks need this information in real time, same as the biggest banks.

Washington 70

Washington Community Bank Security Retail 70

Independent Banker

NOVEMBER 24, 2015

However, another ICBA top security priority on Capitol Hill remains to implement uniform national data-security standards, even for retailers. The private and public sectors have to be on the same page to put up a defense and community banks need this information in real time, same as the biggest banks.

Washington 70

Washington Community Bank Security Retail 70

Independent Banker

JANUARY 26, 2016

ICBA has planned an educational lineup of more than 60 workshops and networking sessions for next month’s Community Banking LIVE conference in New Orleans. Community banks can beat tech-based, nontraditional competitors at their own game. billion-asset community bank in Winter Haven, Fla., Digital Jujitsu.

Community Bank 70

Community Bank Community San Diego Strategy 70

PYMNTS

JANUARY 29, 2018

The financial services market has progressed by leaps and bounds in terms of innovation, from the rise of alternative finance to the development of technologies like blockchain and open banking initiatives. despite a flurry of concerns over regulations, economic development and more.

Lending 116

Lending Florida Report Community Bank 116

South State Correspondent

JULY 25, 2022

We have poured through the recent 2Q earnings releases, spoken with a rash of institutional bank investors, traded thoughts with analysts, and compiled the following list of concerns that bank stakeholders (employees, shareholders, vendors, and regulators) now have. Regulation: What are your regulators concerned about?

Trends 195

Trends Lending Marketing Capital 195

Independent Banker

FEBRUARY 24, 2016

New inspirations, fresh experiences await at ICBA’s national convention. Welcome to the Crescent City, where the largest educational gathering of community bankers convenes this month. It’s Community Banking LIVE 2016 in New Orleans. Regulators Luncheon*. We don’t want to have missteps in technology.

Community Bank 70

Community Bank Community Innovation Customer Experience 70

Gonzobanker

DECEMBER 17, 2021

Bank Merger of the Year. Some interesting finalists would be: M&T and People’s United Old National and First Midwest Webster and Sterling Columbia Bank and Umpqua. Huntington and TCF merge to create the $170 billion Midwest dynamo and vault them into one of the top 10 banks in the country. The Bank That Gets Fintech.

Fintech 147

Fintech Strategy Leadership Lending 147

PYMNTS

MAY 31, 2017

Against this backdrop, Elan has been waging campaigns to get smaller banks to promote their cards as not only for primary use (and via plastic) but for default use as well, to close the gap with the larger and national players through debit rewards programs and other incentives. And that’s creating a problem for smaller institutions.

ATM 100

ATM Millennials Cards Management 100

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

Lex Sokolin

DECEMBER 23, 2020

In this light, let’s look at (1) American regulation and legislation intended to slow or hamper the adoption of digital assets and currencies, (2) the behavior of early crypto companies in establishing regulated entities, and (3) the strategies available to DeFi protocols for preserving their success. The theater of power will do.

Regulation 52

Regulation US System Operations 52

Lex Sokolin

DECEMBER 23, 2020

In this light, let’s look at (1) American regulation and legislation intended to slow or hamper the adoption of digital assets and currencies, (2) the behavior of early crypto companies in establishing regulated entities, and (3) the strategies available to DeFi protocols for preserving their success. The theater of power will do.

Regulation 52

Regulation US System Operations 52