PYMNTS

MARCH 6, 2020

That’s even more true for community banks, which lack the resources larger FIs have to support modernization initiatives and technology investment efforts. At the same time, the logistical challenges and competitive pressures associated with digitization remain just as pertinent for community banks.

Community Bank 173

Community Bank Community How To Lending 173

Independent Banker

FEBRUARY 28, 2022

That’s why we’ve spent the past three years educating community bankers on the why of innovation: why bankers should be thinking about innovation, why innovation is a top priority in a digital-first environment and why now is the time to act. Your marketing capabilities must fit your community bank and your customers.

Community Bank 148

Community Bank Community Innovation Tools 148

PYMNTS

SEPTEMBER 30, 2020

Co-signed by the American Bankers Association, Bank Policy Institute, Independent Community Bankers of America and The Clearing House, the letter argues that banks and non-bank technology firms are both already embracing innovation in customer service offerings. However, the banking industry doesn’t like that one bit.

Regulation 349

Regulation National System Industry 349

Gonzobanker

FEBRUARY 22, 2024

The right talent and tools can equip bankers to take advantage of opportunities in the small business market. As bankers continue to fight the deposit wars, they must move past the polite talk and build a true go-to-market plan to capture the lucrative U.S. No two markets are created equal.

Lending 78

Lending Community Bank Community Strategy 78

Independent Banker

DECEMBER 31, 2021

By investing in small businesses and creating jobs, community banks are helping support local economies throughout our nation. As prudent lenders, community bankers make every effort to mitigate risk. As prudent lenders, community bankers make every effort to mitigate risk. By Charles Potts, ICBA.

Community Bank 91

Community Bank Community Innovation Leadership 91

Independent Banker

DECEMBER 31, 2022

ICBA is leaning into it, bringing its ThinkTECH Accelerator program and innovation efforts in-house to provide community bankers with targeted solutions. Here are what I believe will be the top five opportunities this year: Targeted fintech initiatives focused on meeting community bankers’ unique needs.

Innovation 103

Innovation Trends Community Bank Community 103

Abrigo

DECEMBER 22, 2023

download NOW Takeaway 1 The most popular blog posts on the Abrigo site reflect many of the priorities community banks and credit unions had in 2023. Takeaway 3 Articles specific to small community banks were among the most-read blogs, with best practices for construction lending at the top of the list.

Lending 221

Lending Risk Management Community Management 221

Independent Banker

JANUARY 31, 2023

Digital media gives community bankers a platform for advocacy, and ICBA’s Virtual Advocacy Primer details how you can put it to work. How can a community banker best connect with a member of Congress? Are you trying to raise awareness about a certain policy or bill affecting community banks? What’s your end goal?

social media 103

social media Meeting Community Community Bank 103

Independent Banker

MAY 31, 2020

That approach doesn’t line up at all with the reality of true leadership. I’ll be continuing to connect with community bankers nationwide and champion their leadership via digital channels. They are strengthening the nature of community banking by bettering themselves, their teams and their organizations.

Leadership 174

Leadership Community Community Bank US 174

Gonzobanker

MARCH 7, 2024

It happened this week: Fintech Meetup , one of the newer trade events that brought 4,000 or so fintech and banker types to Las Vegas. The experience felt akin to entering a mosh pit but instead of musicians, you are in it with bankers and entrepreneurs and there are chairs. He likened it to regression testing.

Las Vegas 156

Las Vegas Fintech Conference San Francisco 156

Independent Banker

FEBRUARY 28, 2022

We asked several banking leaders how they’ve employed fintech to ramp up their marketing campaigns, hone their analytic strategies and gain new patrons in the process. The digital world has opened vastly broader avenues for community banks to attract new customers—especially if they partner with fintechs in their endeavors.

Fintech 136

Fintech Marketing Community Bank Community 136

Independent Banker

DECEMBER 31, 2018

“We look forward to serving you and your community bank in the year ahead.”. Happy New Year, community bankers! And if you haven’t done so already, I encourage you to also come up with a community banking resolution—one that helps you flourish as a professional. Where I’ll be this month. now is the time.

Community Bank 70

Community Bank Community Nashville Fintech 70

PYMNTS

OCTOBER 7, 2020

EMQ , a provider of global financial settlement services, has begun letting businesses around the world transfer up to roughly $280,000 directly into banks in Japan, the company announced in a news release. EMQ already operates in Japan.

Regional 218

Regional System Operations Community 218

Independent Banker

JUNE 30, 2022

Effects of the pandemic and other factors creating unpredictability have changed how community banks approach their credit and lending operations. Bankers and industry observers have several recommendations for how community banks can come up with risk ratings and rankings that foster safe growth in a volatile economic climate.

Management 103

Management Community Bank Community Regulation 103

Abrigo

MAY 24, 2023

If signed into law, the SAFE Act would allow banks to provide services to cannabis-related businesses (CRBs) in states that have passed the legalization of marijuana in some form. According to a letter from the American Bankers Association (ABA) to the Senate Banking Committee, only about 11 percent of all U.S.

Lending 195

Lending Fraud Operations Ohio 195

Jeff For Banks

AUGUST 2, 2021

In June 2021, we were up to six locations, $327.6 In 2021, we are up to over $70 million, mostly investment properties. He exemplifies the best of next generation bank leadership, with eyes wide open to the next iteration of banking in our rapidly changing environment. It was so awesome I asked if I can reprint here. million in loans.

Community Bank 78

Community Bank Community Minnesota Metro 78

Independent Banker

OCTOBER 1, 2022

Cyber and data security have long been areas of emphasis for community banks, but in today’s escalating digital environment, that focus has grown. In fact, our 2022 CEO Outlook Survey ranked data security as a top concern, and as the digital sphere continues to evolve, all signs point to that level of concentration increasing.

Exercises 126

Exercises Community Bank Community Resources 126

PYMNTS

AUGUST 9, 2020

Many credit unions and smaller banks said their interests will be ignored and have declined to sign with up for the giant bank-owned system. While having the Fed facilitate payments adds competition and provides choice, that choice will likely slow adoption,” Sarah Grotta , an analyst at Mercator Advisory Group, told American Banker.

System 181

System Payments Operations Fraud 181

Independent Banker

OCTOBER 31, 2022

We spoke with industry specialists about the priorities for community banks as they build a digital loan process for small businesses. It’s critical for community banks to have online loan applications, process automation staff skilled in digitization and more. Doing so can help community banks: Optimize the loan cycle.

Lending 91

Lending Community Bank Community Illinois 91

Gonzobanker

MARCH 9, 2022

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. As new cloud-native, API-driven solutions come to market, the term “core” seems to live in the eye of the beholder. Enter Finxact.

Financial Technology 149

Financial Technology Technology Fintech Community 149

Independent Banker

DECEMBER 1, 2021

You need something that fits and adapts to your needs, and sets your business up for growth. When deciding on a new provider, ask the critical questions before signing on the dotted line. At IBT Apps, we know what community bankers need to make the right core decision. Consider if the vendor is the right “fit.”

Management 103

Management eBook Community Meeting 103

Gonzobanker

DECEMBER 17, 2021

THE BANKER AWARDS. Lots of tech and operations to clean up, it appears, but no solid bank is better qualified than the team from Minneapolis. Lots of tech and operations to clean up, it appears, but no solid bank is better qualified than the team from Minneapolis. Doug Larson. Gonzo readers, 2021 was just plain schizophrenic.

Fintech 147

Fintech Strategy Leadership Lending 147

Independent Banker

NOVEMBER 30, 2022

When it comes to supporting outliers in the Las Vegas community, Lexicon Bank knows how to play its cards. You have a bank that was born out of COVID and could have gone the other direction but ended up thriving.”. Photo by Sammy Tillery. By Tom Groenfeldt. Name: Lexicon Bank. Assets: $237.6 Location: Las Vegas, Nev. A natural fit.

Las Vegas 129

Las Vegas Community Bank Community Wisconsin 129

Independent Banker

JULY 28, 2016

She explained why lawmakers should exempt community banks from Basel III capital rule. Community bankers score big changes in final credit-loss standard. The agencies said in formal guidance that community banks will be able to meet the new standards without complex models or third-party service providers.

Community Bank 70

Community Bank Community Connecticut Regulation 70

Independent Banker

DECEMBER 1, 2021

The idea that community banking can be a force for positive change is at the heart of Beneficial State Bank, which engages its customers through financial activism. billion-asset community bank in Oakland, Calif., When it comes down to it, though, the community bank’s mission is radically simple. Photo: Ashley Courter.

Oakland 153

Oakland Community Community Bank Leadership 153

Abrigo

DECEMBER 10, 2019

With no signs of dissipating, it is just a matter of time before an incident happens in your customer base, if it has not happened already. NCOA estimates the cost of elder financial abuse to older Americans up to $36.5 NCOA estimates the cost of elder financial abuse to older Americans up to $36.5 billion annually.

Fraud 284

Fraud Study United States Training 284

Independent Banker

NOVEMBER 30, 2021

Community banks use dozens or even hundreds of vendors—making it critical that they have an efficient way to stay compliant, track performance and more. There’s a host of regulatory guidance when it comes to vendor management, but community banks also have wiggle room to craft their own policies. Photo by Jorg Greuel/Getty Images.

Management 91

Management Community Bank Community New Jersey 91

Gonzobanker

DECEMBER 22, 2020

Bankers started the year with good business plans, strong balance sheets, and optimism. And how did community banks and credit unions respond to the COVID craziness? Our clients showed banking at its best – obsessed with customer well-being, good corporate citizenship, and strong community focus. ” – Hunter Thompson.

Idaho 181

Idaho Community Industry Strategy 181

Social Assurance

OCTOBER 1, 2021

Whatever it is, community heroes are constantly leaving their mark. From supporting small businesses to uplifting employees, here’s how Community Heroes Empower, Ignite, and Enable their communities: Empower. Community heroes empower local businesses. “ Loans provide an opportunity for community bankers to connect.

Community 15

Community Community Bank social media Branding 15

Abrigo

JUNE 13, 2022

The NCOA estimates the cost of elder financial abuse to older Americans to be up to $36.5 billion annually. A recent American Bankers Association Foundation (ABA) research study found that older Americans hold 65% of the deposited wealth in the United States. Would you like other articles on BSA/AML training in your inbox?

Fraud 195

Fraud Training United States Survey 195

Abrigo

JUNE 12, 2020

While this is a promising sign, 13.3% While this is a promising sign, 13.3% The Fed is authorized by the Treasury to provide up to $600 billion in loans to companies with less than 15,000 people, or an annual revenue of less than $5 billion. to 13.3% – a far cry from the near 20% expected. What happened? learn more.

Maine 195

Maine Lending Regulation Resources 195

Abrigo

DECEMBER 2, 2021

Takeaway 3 Signing up for 2022 conferences is another smart use of surplus budget funds, because some events are offering early-bird discounts. Indeed, deposit levels to transaction accounts among community banks exploded 74% to $896.5 31, 2019, and June 3, 2021, according to the Community Banking in the 21st Century report.

Conference 195

Conference San Antonio Lending Fraud 195

Jeff For Banks

FEBRUARY 24, 2022

On September 17, 2021 in the Scottsdale, Arizona desert, I delivered a speech to a ballroom full of bankers titled: 5 Things I Wish We Did Better. It was well received and was recently picked up by a banking school as an elective class. I used the embedded commercial as indicative of the life span of a project at a community bank.

Management 78

Management Community Bank Community Arizona 78

Independent Banker

JANUARY 26, 2016

FASB awoke wide-eyed and astonished to the liberating truth that community banks played no role in either triggering or participating in the Wall Street financial crisis. The good news is that FASB’s unfortunate remarks could lead to a desperately needed wake-up call and policy turnaround. Imagine that?

Community Bank 70

Community Bank Community Washington Policies 70

Independent Banker

MARCH 15, 2015

Community bankers aren’t the only ones who think so. And ready for the toss, President Obama says he would welcome such bipartisan legislation to sign. Inside and outside Washington, most people agree the time has come to enact real, meaningful and significant regulatory relief for community banks. The Time Is Now.

Community Bank 70

Community Bank Washington Community Regulation 70

Independent Banker

FEBRUARY 24, 2015

Community bankers aren’t the only ones who think so. And ready for the toss, President Obama says he would welcome such bipartisan legislation to sign. Inside and outside Washington, most people agree the time has come to enact real, meaningful and significant regulatory relief for community banks. The Time Is Now.

Community Bank 70

Community Bank Washington Community Regulation 70

PYMNTS

APRIL 17, 2020

The Paycheck Protection Program (PPP) is a $350 billion segment of a $2 trillion federal stimulus package signed into law under the CARES Act earlier this month. On April 3, the federal government launched a heretofore unprecedented program to funnel money to U.S. small businesses hit hard by the coronavirus pandemic.

Community Bank 149

Community Bank Community Maine Georgia 149