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Fundation Pulls Community Bank Into FinTech Collaboration

PYMNTS

Large financial institutions (FIs) are increasingly turning to FinTech firms and alternative lenders to augment their small business (SMB) offerings, but community banks are beginning to get on board with the partnership strategy , too.

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How Can Banks Thrive in the Next Five Years?

Jeff For Banks

Indeed, since the banking laws that were spawned from the Great Depression, banking has been stable, reliable, and boring. I know, my first job in banking in 1985 at Northeastern Bank of Pennsylvania was making microfiche. The money market mutual fund became a formidable competitor to the bank account.

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A Time of Reckoning for Your Bank's Core Deposits?

Jeff For Banks

So worries New Jersey Banker's Association CEO John McWeeney since state-owned bank advocate Phil Murphy was elected governor. The state's municipal deposits approximate $20 billion , $13 billion of which are in community banks. Marcus is Goldman Sachs online bank. And Mid Penn Bank is a $1.2 By default.

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Bankers: Here's What We Do

Jeff For Banks

I work for The Kafafian Group, a community bank consulting firm based in Bethlehem, Pennsylvania. Many of my readers might not know what my firm does, so I want to dedicate this post to the problems we help community bankers solve. We do the costing, funds transfer pricing, report building, and education.

Groups 85
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How About Profits in the Branch of the Future?

Jeff For Banks

This highlights an important banking concept: revenues are mostly driven off of balances, not activity. And the rest of us are increasingly buying online. Since 2006, community banks have recognized the need for greater balances in branches to improve profitability. Not very inspiring.

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Q&A: What Search Engine Optimization Can Offer the Financial Services Industry

Banking 2020

Entering search queries online is something that we, as consumers do all the time. For community banks or credit unions who are thinking about search, what would you say is the easiest way for someone to get started with a program? Sabrina : That makes sense.

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Q&A: What SEO Can Offer the Financial Services Industry

Banking 2020

Entering search queries online is something that we, as consumers do all the time. For community banks or credit unions who are thinking about search, what would you say is the easiest way for someone to get started with a program? Sabrina: That makes sense.