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Small banks: Big challenges and big opportunities

Abrigo

You might also like this on-demand webinar: "Problem loans: Identifying warning signs and management options" WATCH Takeaway 1 Executive leaders of small community financial institutions face complex issues, including declining deposits. Balance runoff is picking up speed, according to financial consulting firm Curinos.

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Core Unicorn Deals Rattling the Future of Financial Technology

Gonzobanker

Bank executives should take these new deals’ valuations as a sign that the free market sees the future of finance as unbundled from the traditional industry structure. Let’s be clear Gonzobankers, these deals are NOT about massive numbers of bank core replacements. Let’s take a closer look at each deal: Finxact Goes To Fiserv.

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2021 GonzoBanker Awards

Gonzobanker

THE BANKER AWARDS. Bank Deal of the Year. With prices rational and revenue pinched, there were some nice acquisitions by many banks. Bancorp for grabbing MUFG Union Bank. Lots of tech and operations to clean up, it appears, but no solid bank is better qualified than the team from Minneapolis. Doug Larson.

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It’s Dreadful Being a Buyer of Bank Technology

Gonzobanker

As technology buyers, banking executives need to up their game on tech purchases and technology performance management. For regional and community banks there has never been a more frustrating time to be a buyer versus a builder of financial technology. The industry lacks an efficient tech ecosystem.

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ICBA’s 2021 National Community Bank Service Award winners

Independent Banker

This year’s winners: Left: Central Valley Community Bank, People’s Choice Award; Middle: Kennebec Savings Bank, Exceptional Community Bank Service Award; Right: Cross River Bank, Emerging Service Program Award. Exceptional Community Bank Service Award. Kennebec Savings Bank.

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Efficiency now: 8 smart strategy tips

Independent Banker

Fallout from recent global events presents an obstacle to generating revenue for community banks. Since COVID-19, profitability planning for community banks has mainly hinged on how the government was coping with the pandemic and the key role financial institutions played in keeping the economy afloat. By Elizabeth Judd.

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The Current Banking Crisis – 10 Not So Apparent Lessons

South State Correspondent

While interest rate risk caused the most significant impact on value, several other factors contributed to the terminality of each bank that was closed. This article highlights ten not-so-evident lessons of the banking crisis that every banker must consider going forward. This is compared to about 40% at most banks.