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.

Community Bank 172

Community Bank Community National Philadelphia 172

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.

Community Bank 239

Community Bank Community Industry Texas 239

Independent Banker

FEBRUARY 28, 2023

billion-asset CNB Bank headquartered in Clearfield, Penn., added a new branch to its preexisting lineup of 12 branches and offices in or around Buffalo, N.Y. We are providing banking options in areas that have been known as ‘bank deserts,’ which is very important to us as a community bank.”

Mobile 91

Mobile Community Community Bank ATM 91

PYMNTS

OCTOBER 23, 2018

The New York Attorney General announced that Wells Fargo & Company has agreed to pay a $65 million fine in connection with its “cross-sell” business model, related sales practices, and publicly reported cross-sell metrics. However, the success of these efforts was actually centered on sales practice misconduct at the bank.

New York 139

New York Fraud Community Bank Strategy 139

South State Correspondent

APRIL 10, 2023

CRE Risk Background While ten years ago, community and regional banks use to make up some 55% of the CRE market, in 2023, these banks now compose approximately 72% (below). The risk here is that community banks continue to take on an above-average amount of CRE credit exposure. touched off a wave of bankruptcies.

Community Bank 195

Community Bank Community Los Angeles Regional 195

American Banker

MAY 6, 2016

Maria Vullo, still stuck in limbo as acting superintendent of the New York State Department of Financial Services, is hindered from putting her mark on the agency until she gets confirmed. So a quiet guessing game is going on about how her supervisory philosophy will compare with her predecessor Benjamin Lawsky.

New York 28

New York Regulation Cyber Security Community Bank 28

South State Correspondent

MAY 1, 2024

With financial hardship, competition from dominant players, and a startup budget, Gentle Monster faced many of the same challenges as a community bank. How Banks Can Leverage: Niche markets abound in banking, and community banks are in the perfect position to create a following on a national level should they desire.

Innovation 195

Innovation social media Branding Marketing 195

Independent Banker

JULY 30, 2015

In New York, IBANYS plays creative offense and strong defense on several issues. The Independent Bankers Association of New York State has been actively advocating for several initiatives to enhance community banking and the communities and customers our members serve. By John Witkowski.

Community Bank 70

Community Bank New York Community Taxes 70

PYMNTS

JULY 3, 2020

People’s United Bank, which operates across Connecticut, southeastern New York state, Massachusetts, Vermont, Maine and New Hampshire, recently demonstrated the growing interest of community banks to collaborate with FinTechs to expand their product offering — just as larger national and multinational financial institutions (FIs) do.

Regional 214

Regional New Hampshire Tools Vermont 214

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. But what about Bank of New York Mellon. A similar argument could be made for the former Commerce Bank of Cherry Hill, New Jersey.

Community Bank 70

Community Bank Community Apple National 70

Abrigo

JUNE 5, 2023

Data-driven decisions for managing financial institution risk while driving growth and increasing efficiency are especially important given the recent failures of Silicon Valley Bank, First Republic Bank, and Signature Bank of New York.

Report 195

Report Risk Management Capital Data 195

Abrigo

APRIL 28, 2016

This year’s National Small Business Week , themed “SBA: Dream Big, Start Small,” will include special events in Atlanta, New York, Denver, Phoenix, San Jose, Oakland and Washington, D.C. As Federal Reserve Chair Janet Yellen said, it was small businesses that powered our recovery after the Great Recession.

National 150

National San Jose Los Angeles United States 150

Independent Banker

DECEMBER 13, 2015

Vehicle loan originations reached almost $120 billion during the second quarter of 2015, states the New York Fed’s Household Debt and Credit Report. Indirect auto lending has played a major role for Security Federal Savings Bank in Jasper, Ala. Half a dozen years ago, the community bank held $13 million in auto loans.

Community Bank 70

Community Bank Lending Community Security 70

Independent Banker

NOVEMBER 24, 2015

Vehicle loan originations reached almost $120 billion during the second quarter of 2015, states the New York Fed’s Household Debt and Credit Report. Indirect auto lending has played a major role for Security Federal Savings Bank in Jasper, Ala. Half a dozen years ago, the community bank held $13 million in auto loans.

Community Bank 70

Community Bank Lending Community Security 70

Abrigo

APRIL 23, 2020

Despite concerns that hundreds of thousands of applications from lenders are already queued up and will gobble up new funding immediately, Lara-Figueroa said that is not the case. All of the [lenders] are in a holding pattern, but it will be like rush hour in New York or Los Angeles. There is no queue,” he said. learn more.

Lending 221

Lending Los Angeles North Carolina Community 221

Banking 2020

SEPTEMBER 7, 2015

In 2012, the city of New York passed legislation known as the Responsible Banking Act. Several banks resisted the effort—citing concerns over confidentiality and the expenses involved—and at least one apparently changed its status as a community bank. Now, all those worries are moot.

New York City 40

New York City New York Community Industry 40

Independent Banker

SEPTEMBER 25, 2014

As a group, community banks spend substantial funds hiring outside consultants to help with various management functions, and a substantial share of dollars are spent to help oversee their risk management and compliance activities. Community banks often already have the expertise handy in-house, they say.

Community Bank 70

Community Bank Compliance Risk Management Community 70

PYMNTS

AUGUST 14, 2017

As was noted late last month in the New York Post , Republican Rep. The regulatory bodies spanning the Securities and Exchange Commission, the Commodity Futures Trading Commission and FINRA have imposed fines that are less than last year by two-thirds, to the tune of $489 million through June of this year. Chris Smith (R-N.J.),

Fintech 100

Fintech Regulation United States Lending 100

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. The Peoples Bank Co. Centinel Bank of Taos. Jack Hartings.

Community Bank 70

Community Bank Community Innovation Customer Experience 70

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. Let’s see how this new scale allows for big investments in future innovation. Goes to New England Federal Credit Union and Vermont State Credit Union.

Community 216

Community Fintech Industry Innovation 216

Abrigo

JULY 23, 2021

It is a concept that we have all heard of, however, the concept remains somewhat of a mystery in the community bank world. Now that there are new requirements in this area it’s time to unravel some of the mystery. the Export Administration Act, administered by the Bureau of Industry and Security (BIS), provides these controls.

National 195

National Training United States Regulation 195

Independent Banker

NOVEMBER 13, 2014

Companies everywhere are seeking security technologies that to better authenticate their customers online as well as to better detect cybercriminals and malware. Incorporated into the concept are security systems that can adapt rapidly to ever-changing nature and tactics of digital threats. The concept of Identify 2.0

ATM 70

ATM social media System Technology 70

American Banker

NOVEMBER 2, 2016

If modified, the cybersecurity standards in New York State are a step in the right direction to protect banks and consumers.

Regulation 28

Regulation New York Cyber Security Community Bank 28

Jeff For Banks

APRIL 14, 2022

Bank Notes: An Inside Look at the Launching of North Carolina's Banking Ascendancy and a Commentary on the Current New World of Banking 2016 J. For Each the Strength of All: A History of Banking in New York State 1995 Philip G. Hubbard Hubbard, J. Hubert Hubert, Philip G. Meyer Meyer, Laurence H.

America 78

America National Denver United States 78

Gonzobanker

MARCH 30, 2017

Maybe I’ve spent too much time breathing re-circulated plane air, but I couldn’t help but think of President Clinton’s tagline as I read a concerning statistic in the recently released “What’s Going On in Banking” : more than half of both credit union and bank executives reported that their contact centers are not “future-ready.”

Customer Experience 60

Customer Experience Training Community Bank Community 60

Gonzobanker

MARCH 30, 2017

Maybe I’ve spent too much time breathing re-circulated plane air, but I couldn’t help but think of President Clinton’s tagline as I read a concerning statistic in the recently released “What’s Going On in Banking” : more than half of both credit union and bank executives reported that their contact centers are not “future-ready.”

Customer Experience 60

Customer Experience Training Community Bank Community 60

Fintech Labs Insights

SEPTEMBER 12, 2016

This helps smaller banks and credit unions in particular take advantage of innovations in authentication and security without worrying about the spending money on soon-to-be-obsolete technologies. Pictured: CEO David Schropfer demonstrating AnchorID at FinovateFall 2014 in New York.

Los Angeles 12

Los Angeles New York Regional Community 12

Fintech Labs Insights

MARCH 15, 2016

CBANC , a network for community bank and credit union professionals, added a group of new features to its platform this week. New elements include: Leaderboard. CBANC incentivizes banks to share best practices and intellectual property and its member engagement has increased almost 4x year-over-year.

UX 12

UX social media Austin New York 12

CB Insights

FEBRUARY 20, 2020

The most valuable of these freshly minted unicorns are blockchain startup Ripple ($10B valuation) and challenger banks Chime ($5.8B) and N26 ($3.5B). Eight companies on our list have gone public: Freee , Bill.com, Tyro Payments , Prospa , Lakala Payment , Tiger Brokers , Futu Securities , and PINTEC.

Fintech 80

Fintech US Lending Cards 80

CB Insights

MAY 15, 2019

It operates two labs, one in Washington DC and the other in New York City, which focus on ventures that can have a significant business impact in the short term (from six months to three years). Deutsche Bank — Deutsche Bank Labs. Partnership Fund for New York City and Accenture — FinTech Innovation Lab.

Innovation 78

Innovation blockchain Technology Groups 78

Gonzobanker

DECEMBER 22, 2015

Community bank marketing resources. With market opportunity heating up and big bank and big credit union competitors hitting hard, too many community banks lack marketing resources … or they have 2X more spending in sponsorships than the campaigns, analytics and digital sales improvements that actually bring in new business.

Community Bank 60

Community Bank Apple Community Technology 60

Fintech Labs Insights

MAY 28, 2015

In addition to securing an $8 million venture debt line from Silicon Valley Bank, the lending-as-a-service innovator reached $800 million in loans deployed to more than 35,000 borrowers, and won a commitment of $125 million from its own lending network of more than 300 credit unions and banks. Jason Hills, SVP Sales.

San Jose 12

San Jose New York City Lending New York 12

William Mills

SEPTEMBER 12, 2017

Check back for new updates throughout the day. Digital banking solutions for community banks and credit unions. A turnkey solution incorporating CRM, invoicing and payments into a simple solution for the business delivered through the bank’s digital banking solution. New York, NY 10007.

Samsung 69

Samsung Mobile User Experience Google 69

Fintech Labs Insights

DECEMBER 14, 2015

Four Finovate alums were among the bunch: CBANC Network took in $4 million for it’s community bank information network. HQ: New York City. Community financial institution research network. HQ: New York City. Market data communications platform. Credit & debit card security.

San Francisco 12

San Francisco Company Fintech New York City 12

Fintech Labs Insights

SEPTEMBER 1, 2015

Here are a few brief introductions, but be sure to check our our Sneak Peek series to learn more about the innovators and entrepreneurs who will take the stage at the New York Hilton Midtown in just a few weeks. Market segments include insurance, banks, telecom, utilities, and property management.

Company 12

Company Software Analytics Mobile 12

Fintech Labs Insights

AUGUST 1, 2016

To give you a sense of the many new ideas at the upcoming FinovateFall conference in New York, we’ve launched our Sneak Peek series. Bankjoy offers developers a banking API for a modern, real-time, holistic interface for credit unions and community banks.

How To 12

How To Analytics Millennials Data 12