article thumbnail

The Latest Data On Commercial Lending Risk In Retail

South State Correspondent

Introduced in 1937 in an Oklahoma Humpty Dumpty supermarket, the shopping cart has proven to increase per person sales and extend shopping time. A boost to many retail establishments, it is often said to be a predictor of retail health. More shopping cart sales equals more store openings. The problem is that sales are slowing.

Retail 150
article thumbnail

How Financial Institutions Focus on Customers Is Key

Abrigo

The community bank model is built around customer service, but for many bank and credit union customers, the definition of “good service” has been changing over the last couple of decades. customers than traditional retail banks earned in the firm’s study of retail banking satisfaction.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Who were ICBA’s Top Lenders of 2022?

Independent Banker

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.

article thumbnail

Here’s How to Become More Than the Branch Next Door

Gonzobanker

Your bank paid money to make available budgeting tools that hardly anyone used. Ditto for retail customers. While the Oklahoma bank secured an impressive 3,000 attendees for the first one, the events are really bumping these days. bank’s fintech partners. Well, guess what?

How To 109
article thumbnail

From CRE to Corporate Culture – BIG Ideas from 2020 ThinkBIG: Manage Risk. Drive Growth.

Abrigo

Millennium Bank, like many community financial institutions, is heavily concentrated in commercial real estate (CRE). Of course, COVID-19 has greatly impacted CRE over the last six months, with lodging, retail, and office spaces suffering a significant blow amid stay-at-home orders and other social distancing measures.

article thumbnail

Top Banking Challenges: Finding Growth in 2021 and Beyond

Abrigo

Growing loans, earnings are banks' top challenges in 2021. The top banking challenges in 2021 are growing loans and earnings, according to Independent Banker’s recent 2021 Community Bank CEO Outlook survey. Chairman and Co-CEO of First Oklahoma Bank, in a recent interview with TulsaWorld.com. “Or

Lending 221
article thumbnail

GonzoBanker Awards 2017

Gonzobanker

THE BANKING AWARDS. GonzoBanker of the Year – The Gonzo team would like to salute the career of David Rainbolt of BancFirst in Oklahoma. Rainbolt has quietly built a community bank in the past 20 years that is closing in on $2 billion of market cap. Monty Python “I’m Not Dead … Yet” Award – Goes to physical retail.