article thumbnail

Top concerns and growth strategies of community banks: Part I

Abrigo

This article is the first in a two-part series on top concerns and growth strategies of community banks. Risk management. These are all phrases that resonate with community bankers. Data from Bank Director’s 2014 Growth Strategy Survey in August confirms that these are bankers’ greatest concerns.

article thumbnail

Spotlight on lending: Commercial loan growth geographically

Abrigo

For entrepreneurs eager to get their first (or maybe their fifth) business off the ground, there is perhaps no better place to look for funding than the southern United States. A recent data report culled from Sageworks Bank Information , a web-based data platform that includes financial and regulatory information on every U.S.

Lending 186
Insiders

Sign Up for our Newsletter

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

article thumbnail

The Niche Bank

Jeff For Banks

Me to a community banker: Why don't you offer more options than real estate secured lending to help fund early stage businesses? Banker: Because that's not community banking. I've been in this business over 20 years and still don't know the definition of community banking. I've got news for you.

article thumbnail

Preparing for the Unpredictable

Gonzobanker

The United States started responding about two months late, and widespread testing only become available in the last week. Cornerstone Advisors has been a broken record telling the story of a community banking industry that’s falling behind in online and mobile capabilities.

article thumbnail

Predicting the Next Banking Crisis Is a Fool’s Game. Not Learning From the Last One: Equally Foolish

Jeff For Banks

The early 1980s was a difficult time for the United States, as consumers faced rising prices, high unemployment, and the effects of a supply shock—an oil embargo—which caused energy prices to skyrocket. Although community banks did not lend to sub-prime borrowers in any meaningful way, did we participate?

FDIC 78
article thumbnail

The 2023 GonzoBanker Awards

Gonzobanker

Not the financial industry’s “Troublemakers ” – those regional and community banks, credit unions and supporting fintech entrepreneurs who continue to engage customers and communities and find niches that keep the grassroots of our country’s financial system alive and kicking.

Fintech 195
article thumbnail

Banking on a Winner: Fostering innovation to compete in today’s financial environment

ZootBlog

There are several ways for banks to elevate their game—fintech houses, neobanks, alternative lenders, in-bank labs. There are now more than 8,000 financial technology companies in the United States with the potential to shake up traditional financial institutions. Fintech Houses.