Independent Banker

JANUARY 31, 2023

billion-asset First State Community Bank in Farmington, Mo. The dos and don’ts of data analysis can make the difference in a bank’s payments strategy (see sidebar below). Applying data Data can support community banks in helping their customers better manage their finances. The results?

Community Bank 91

Community Bank Community Trends Payments 91

Finer Points

OCTOBER 17, 2014

And according to ICBA’s recently released 2014 American Millennials and Banking Study, this generation represents a major opportunity for community banks. Community Banks' This is […].

Community Bank 193

Community Bank Millennials Community Study 193

South State Correspondent

MARCH 30, 2020

We have been writing on the various strategies available to community banks when structuring commercial loans in this current challenging business and credit environment.

Case Study 195

Case Study Study Community Bank Strategy 195

Gonzobanker

FEBRUARY 8, 2023

Community Banks as Venture Capitalists In fact, not all providers of venture capital are venture capitalists. Increasingly, banks are filling the void created by VCs. Among community banks investing in fintech startups, the average investment was nearly $3 million per bank in 2022. billion in 2021.

Community Bank 99

Community Bank Community Fintech Leadership 99

South State Correspondent

APRIL 15, 2015

JD Power’s 2015 US Retail Banking Satisfaction Study that was released in part several weeks ago had some interesting information that might impact the strategy and tactics for community banks.

Study 150

Study Community Bank Community Strategy 150

PYMNTS

FEBRUARY 15, 2018

For community banks serving small- to mid-sized businesses (SMBs), training an eye on credit cards can translate into additional revenue streams and tap into an unmet need for those SMBs. Kearney found 26 percent of small business cardholders have community banking relationships in place. There’s a lot of runway here.

Community Bank 118

Community Bank Community Cards United States 118

ABA Community Banking

DECEMBER 9, 2020

The FDIC today released a new staff study highlighting how economies of scale developed at community banks (those with $10 billion or less in assets) between 2000 and 2019. The post FDIC Analysis Examines Community Bank Economies of Scale appeared first on ABA Banking Journal.

Community Bank 69

Community Bank FDIC Analysis Community 69

Abrigo

JANUARY 1, 2016

Government Accountability Office (GAO), community banks and credit unions are starting feel the impact of the Dodd-Frank Wall Street Reform Act. It also includes a provision for the GAO to study the regulations on an annual basis. It also includes a provision for the GAO to study the regulations on an annual basis.

Community Bank 150

Community Bank Community Compliance Training 150

South State Correspondent

MARCH 19, 2024

In a future article we will discuss how community bankers may structure their commercial loan products to maximize cross-selling and upsell opportunities. In banking, those numbers are markedly different. The average community bank has thousands of customers, and the vast majority (close to 90%) earn zero or negative ROE.

Community Bank 195

Community Bank Community Industry Cards 195

South State Correspondent

JANUARY 20, 2020

We work on thousands of lending transactions every year with hundreds of community banks across the country.

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Case Study Study How To Community Bank 195

South State Correspondent

JANUARY 16, 2024

We published various articles comparing community bank alternatives to LIBOR (such as SOFR, Ameribor, Fed Funds, and Prime). We believe that daily and term SOFR offer community banks the safest and most dependable index for benchmarking profitability, pricing loans, and hedging interest rate risk. No ISDA documents.

Community Bank 195

Community Bank Community Compliance CA 195

South State Correspondent

JULY 30, 2023

How should community banks target and compare their ROE to the industry and their peer group, and what defines a top-performing bank? Most importantly, is there an ROE level ensuring a bank remains long-term independent and healthy? Bank ROE Historical Performance Total assets for all FDIC-insured institutions was $23.7T

Community Bank 195

Community Bank Community Capital Policies 195

South State Correspondent

FEBRUARY 20, 2023

Who the competition is, what the lending competition is offering, their delivery channels, and service levels can help community banks differentiate their services and enhance their competitive advantage. Analyzing the competition can also help a bank be realistic about which products it can sell and at what price.

National 195

National Lending How To Community Bank 195

South State Correspondent

JANUARY 11, 2023

A wider NIM does not lead banks to generate a higher return on assets because other factors (such as credit quality, loan size, and relationship value) are more important drivers of ROA over time. This analysis is not a causation study, and many reasons may explain for this correlation. The table below contains our output. Conclusion.

Community Bank 195

Community Bank Community Analysis Industry 195

American Banker

JANUARY 26, 2024

National Bankshares in Virginia agrees to acquire in-state peer, Advia Credit Union in Kalamazoo strikes deal with Illinois bank, EBANX's annual Beyond Borders study launches and more in the weekly banking news roundup.

Virginia 36

Virginia Michigan Community Bank Illinois 36

Banking Exchange

DECEMBER 21, 2020

FICO survey finds lack of confidence in short-term finances, but satisfaction with bank support is high Community Banking Consumer Compliance Customers Feature3 Financial Research Feature Financial Trends Fair Lending PPP Covid19.

Study 88

Study Community Bank Compliance Survey 88

South State Correspondent

AUGUST 5, 2019

There is currently an exceptional market opportunity for community banks to win profitable business from larger competitors. Our bank recently did just that, and in this article, we would like to share this strategy through a case study. . Interest Rates Dip.

Case Study 186

Case Study How To Community Bank Community 186

South State Correspondent

SEPTEMBER 12, 2022

The banking industry’s cost of funds (COF) is highly correlated to short-term interest rates. However, as of Q2/22, the average community bank’s COF has risen only a few basis points. The COF over the past five quarters is shown for three asset peer groups: banks under $1B (3.5k The Data on Cost of Funds.

Community Bank 195

Community Bank Community Industry Online 195

Independent Banker

JANUARY 31, 2022

ICBA has a growing network of people and resources community banks can tap into as they continue their innovation journeys. The ThinkTECH Accelerator is one of several initiatives underway this year to foster community bank-enabled fintech partnerships. By Charles Potts, ICBA.

Community Bank 143

Community Bank Georgia Community Resources 143

ABA Community Banking

FEBRUARY 4, 2019

Study found that large banks are increasing market share when it comes to financial advice Bank Performance Financial Research Feature Financial Trends Retail Banking Customers Community Banking Feature3.

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Study Regional Community Bank Community 40

ABA Community Banking

JULY 13, 2020

The Consumer Financial Protection Bureau today released a study of the effects of so-called credit-builder loans on credit scores. The post CFPB Study Finds Mixed Results for ‘Credit-Builder’ Loans appeared first on ABA Banking Journal.

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Study Report Community Bank Community 81

Banking Exchange

JULY 7, 2021

JD Power study found that big banks are leading the way when it comes to financial advice Retail Banking Duties Financial Trends Feature Lines of Business Feature3 Community Banking.

Community Bank 78

Community Bank Study Community Trends 78

Independent Banker

APRIL 30, 2022

As consumers’ changing preferences prompt community banks to deliver new technologies, here are some of the top trends to keep your eye on. Let’s look at a few of these trends, how community banks can determine if they’re right for them and how to get on board. By Mary Yerkes.

Trends 144

Trends Payments Community Bank Community 144

Independent Banker

DECEMBER 31, 2022

Here’s how community banks can enhance their payments offerings. of banks’ revenues come from payments. Payments account for up to 30% of bank revenue, and that income stream is under attack. As 2023 kicks off, community banks can respond to today’s payments landscape by addressing five key trends.

Trends 140

Trends Payments Community Bank Texas 140

Independent Banker

MARCH 31, 2022

This Community Banking Month, I invite you to try something new to spread your story. Share a new development, community project or initiative. As community bankers, we know relationships matter. We can also use employee surveys to learn how they support the community and empower them to recount those experiences.

Oklahoma City 161

Oklahoma City social media Memphis Community 161

Independent Banker

OCTOBER 1, 2022

North Easton Savings Bank president and CEO Rich Spencer (left) with recipients of the bank’s annual college scholarships. College-bound high school students in Massachusetts were asked to complete essays about the intrinsic value of community banks for a chance to win a scholarship from North Easton Savings Bank.

Community Bank 91

Community Bank Community Minnesota Massachusetts 91

NCR

NOVEMBER 15, 2016

Aware of the disruptive changes in how banking products and services are delivered, community banks continue adopting new technologies to keep up with competition and customers’ demand. Will a mobile banking app really help to solve community banks’ challenges or is it just a waste of money?

Community Bank 40

Community Bank Community Mobile Rhode Island 40

PYMNTS

APRIL 29, 2019

Retail Banking Satisfaction Study , retail banking was declared to have bounced back reputation-wise over the past decade, due to improvements in customer service spurred by innovations like mobile banking. Community banks (45.6 percent or commercial banks at 32.4 Power 2019 U.S. However, just 6.5

Fintech 193

Fintech Innovation Community Bank Study 193

ABA Community Banking

JULY 27, 2021

The post ABA Supports Bill to Study Challenges Faced by Prospective De Novos appeared first on ABA Banking Journal. In a letter sent ahead of a House Committee on Financial Services markup tomorrow, the American Bankers Association expressed support for H.R. Jake Auchincloss (D-Mass.).

Study 52

Study Community Bank Community 52

South State Correspondent

APRIL 18, 2023

We concluded that the market does not adequately compensate banks for credit and interest rate risks. Top-performing community banks deploy relationship banking. We define relationship banking as a model focused on a consultative banking approach. uses at our bank.

Strategy 195

Strategy Regional Industry Community Bank 195

PYMNTS

MAY 28, 2020

In the May Digital-First Banking Tracker® , PYMNTS explores the latest in the world of digital-first banking, including the challenges facing deployment of APIs amid the COVID-19 pandemic, new online initiatives from nationwide FI chains and community banks and the security challenges that are plaguing digital banking programs.

Community Bank 176

Community Bank Community Security Digital Banking 176

Abrigo

AUGUST 3, 2015

The ABA’s 2015 Survey of Bank Compliance Officers , conducted February through March 2015, had participation from more than 450 financial institutions, with almost 80 percent being community banks. A recent Forbes commentary, Dodd-Frank, Community Bank Decline, And The Effect On U.S.

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Compliance Community Bank Community Survey 150

PYMNTS

AUGUST 4, 2020

credit unions (CUs) and banks have signed up to provide savings and checking accounts via Google Pay. BBVA USA, BankMobile, Coastal Community Bank, BMO Harris, SEFCU and First Independence Bank will follow in the footsteps of Stanford Federal Credit Union and Citi in the offering starting in 2021. Six more U.S.

Google 142

Google Payments Study Digital Banking 142

ForwardBanker

APRIL 12, 2017

They’ll come from all over the country and internationally, from all walks of life, to study a staggering array of subjects. The post Do Private Student Loans Hold Opportunity for Community Banks? And virtually all of them will have one thing in common: They’ll. appeared first on Deluxe FI.

Community Bank 28

Community Bank Community Study National 28

American Banker

DECEMBER 16, 2020

The agency’s second in-depth study of the community banking sector pointed to continued challenges for local institutions from the pandemic and other headwinds, but many smaller banks are reaping the benefits of M&A and holding their own against larger competitors in key lending categories.

FDIC 65

FDIC Community Bank Report Study 65

ABA Community Banking

MAY 21, 2019

71 percent of consumers consider credit card offerings imperative when choosing financial institution Commercial Customers Cards Community Banking Feature3 Financial Research Feature Financial Trends Retail Banking.

Cards 40

Cards Study Community Bank Community 40

PYMNTS

MAY 27, 2020

As PYMNTS found in a recent consumer study, 40 percent of individuals are doing more of their daily retail and transactions online, partly because, well, there’s no other way to do it. And that is something that merchants, as well as community banks and credit unions, must be prepared for.”. Call it the great shift.

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Mobile Community Bank Cards Community 280