Independent Banker

JANUARY 31, 2023

Photo by Chris Williams [ICBA LIVE is] an opportunity to continue training up the next generation, so I would encourage community bank leaders to join us and bring your rising community continuators with you. The passion I have for community banking was born at ICBA LIVE 2011, which was my first ICBA convention as an adult.

Community Bank 182

Community Bank Community Hawaii social media 182

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 2 The top lending and credit blog posts focused on the benefits of banking technology, interest rate management, and developing risk ratings.

Lending 221

Lending Risk Management Community Management 221

Abrigo

MARCH 2, 2023

Banking technology decisions now affect future growth With the possibility of a recession, community financial institutions may consider a delay or cut in technology spending. But a community financial institution often has different needs related to origination than those of a giant lender. Experts say that would be a mistake.

Technology 195

Technology Lending Community Software 195

Abrigo

FEBRUARY 11, 2022

The decision appears to mark the board’s final word on ongoing petitions from community banks and credit unions who asked for a delay or total exemption. Whether they’re credit unions, community banks, private fintech firms, or larger financial institutions, [financial institutions] are all vying for the same customers.

Resources 195

Resources Regulation Community Bank Community 195

Abrigo

FEBRUARY 25, 2022

However, many traditional community lenders will face real challenges meeting their lending goals for more business loans and higher yield, given expected interest rate hikes, higher non-interest expenses, and increasing competition for borrowers. It is the backbone of what many community financial institutions do, and they do it well.

Lending 195

Lending St. Louis Community Survey 195

South State Correspondent

NOVEMBER 13, 2023

We have enhanced our website to be a marketing resource for our lenders, and we make it available to all community bankers (without charge or any other obligations). We have created a customized and downloadable proposal generator that lenders can use as a marketing tool or part of a term sheet or letter of interest.

Tools 195

Tools Online Marketing Community 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. ABA president and CEO, Frank Keating, commented that Dodd-Frank has impacted banks, their customers and the communities they serve.

Compliance 150

Compliance Community Bank Community Survey 150

Abrigo

JANUARY 11, 2021

You might also like this whitepaper: "Beyond PPP: How Savvy Financial Institutions Can Propel Growth and Profitability with Technology" DOWNLOAD/WATCH. CDFIs and the other institutions classified by the SBA as community financial institutions can begin processing so-called second-draw loan applications Wednesday. Access Timeline.

Lending 195

Lending Community Community Bank San Francisco 195

Independent Banker

FEBRUARY 28, 2022

What it means for community banks is clear. Throughout the near future, similar market volatility and uncertainty is likely to plague mortgage lenders, calling on community bank leaders to develop new strategies to aging challenges. Download white paper. Developing leaders in mortgage lending.

Leadership 91

Leadership Strategy Lending Community Bank 91

Abrigo

AUGUST 31, 2023

DOWNLOAD Takeaway 1 Front-line teams are the eyes and ears of the financial institution and must update their KYC procedures for the times. From a community perspective, forcing individuals into culture-specific naming conventions strips customers of their identity. You might also like this resource, "Customer due diligence checklist."

Compliance 195

Compliance Community Training System 195

Abrigo

APRIL 28, 2017

Stress testing, especially for community banks, can be challenging because of the lack of specific methodologies and practices recommended by regulators. But banks need to take that first step. It should stress segments and concentrations where the bank has identified risk and not just blindly look at concentrations.

Community Bank 150

Community Bank Regulation Community Regional 150

Abrigo

DECEMBER 17, 2021

DOWNLOAD WHITEPAPER . Download Guide. Components of an effective fintech partnership If leveraging new technology is a priority for your FI, ensure these three elements are present for an effective fintech partnership. . Learn top best practices for leading a successful software implementation. Asset/Liability. Learn More.

Fintech 195

Fintech How To Innovation System 195

Independent Banker

OCTOBER 31, 2022

It’s never been about being on the bleeding edge or doing what everyone else is doing, but about better addressing the interests of our distinct communities. These tools are available to ICBA members and can be downloaded on our website. How honestly are we assessing our products and services?

Meeting 141

Meeting Community Tools Community Bank 141

Abrigo

JANUARY 17, 2023

Customers were used to this bank interface after two rounds of PPP, and then we dropped it like a lead balloon. In my experience, community banks only do what they have to do. Download report. Download case study. Then once PPP was over, some of us went back to our old manual processes and never looked back.

Lending 195

Lending System Customer Experience Case Study 195

Abrigo

JUNE 28, 2023

DOWNLOAD Takeaway 1 Board members have a responsibility to maintain a safe and sound financial institution, and they rely on the BSA Officer's reports to help. They wear many hats, especially in smaller community banks and credit unions. Did a teller save the bank from a significant fraud loss? Top of the funnel CTA.

Compliance 195

Compliance Fraud Report Trends 195

Abrigo

NOVEMBER 12, 2016

Many community banks and credit unions are turning to small business loans as a source of loan growth. The good news is that by investing in a streamlined origination process, community banks and credit unions can target SMB loans profitably, without adding unknown credit risk to the portfolio.

Lending 186

Lending Community Bank Community Analysis 186

Abrigo

DECEMBER 8, 2016

As community banks and credit unions look toward 2017, many will be focusing on small business lending for loan portfolio growth, according to a recent Sageworks poll. However, small business lending comes with some unique challenges that banks and credit unions will need to address in order to grow their business lending portfolios.

How To 150

How To Lending Community Bank Community 150

Abrigo

APRIL 19, 2016

banks incorporate “responsible innovation” as they adapt quickly to these advances, but what exactly does that mean? In a recent whitepaper (download), the regulator outlined the general approach it will take as it evaluates innovative products, services and processes that OCC-regulated banks may offer or perform.

Innovation 150

Innovation Fintech Risk Management Community Bank 150

South State Correspondent

AUGUST 15, 2022

At SouthState, our commercial lending teams use an online proposal generator, and we make that same app available to any community bank. We have created a customized and downloadable presentation that lenders can use as a marketing tool or part of a term sheet or letter of interest. Why The Loan Proposal Generator Works.

Tools 195

Tools Lending Online Training 195

South State Correspondent

AUGUST 15, 2022

At SouthState, our commercial lending teams use an online proposal generator, and we make that same app available to any community bank. We have created a customized and downloadable presentation that lenders can use as a marketing tool or part of a term sheet or letter of interest. Why The Loan Proposal Generator Works.

Tools 195

Tools Lending Online Training 195

PYMNTS

JULY 16, 2020

The technology lets community banks, regional banks and FIs provide a white-labeled AP offering to their business clients. Regal Software Delivery Solutions Vice President Ed Wertzberger said in the announcement, “With RegalPay, there is no feeling of being ‘locked in’ like there is with other software. .”

Software 144

Software Community Bank Regional Resources 144

Abrigo

JUNE 25, 2015

During leaner years is often when the demand for ag loans increases , as it’s common for those full-time farmers to tap into their community bank to cover operating costs or invest is other lines of the agricultural business. In the Northeast, The Bank of Castile lent the most to farms in Q1.

Community Bank 150

Community Bank Sacramento Lending Wisconsin 150

PYMNTS

MARCH 20, 2019

PYMNTS analyzed survey responses from more than 200 financial decision-makers at FIs across the United States, ranging in size from below $500 million to more than $25 billion in assets, and varying in type from commercial banks, community banks and credit unions.

Innovation 161

Innovation United States Innovation Strategies Cards 161

PYMNTS

JANUARY 18, 2017

Similarly, fellow British bank Barclays announced it would be offering an app-based small business loan service that can approve loans of up to £25,000 in less than an hour. While community banks continue to struggle to compete with larger banks, these innovations could be starting to turn the tide. About The Tracker.

Data 100

Data social media Report Community Bank 100

Independent Banker

DECEMBER 1, 2021

If I acquire a bank, what’s the cost to add them to my core system? At IBT Apps, we know what community bankers need to make the right core decision. Our response to Gilmer’s process is a testament to our partnership with community banks. Even before you sign a contract, we work in your best interests to serve your bank.

Management 103

Management eBook Community Meeting 103

Abrigo

DECEMBER 2, 2021

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. billion from $515.3 billion between Dec. Early-bird Registration for the May 24-26, 2021, conference begins Dec. Streamline loan review.

Conference 195

Conference San Antonio Lending Fraud 195

Independent Banker

NOVEMBER 1, 2021

Community banks who are considering entering the small business lending space are already challenged by several barriers to entry: Inefficiency of traditional loan processing. New competition from emerging categories (Fintechs, Challenger Banks, Neobanks). Download the entire white paper on Velocity Solutions’ website.

Lending 91

Lending Community Community Bank Analytics 91

Jeff For Banks

NOVEMBER 7, 2021

My case in my book, Squared Away-How Can Bankers Succeed as Economic First Responders , was that pursuing stakeholder primacy mitigates one of the greatest threat to the community bank-relevance. If you matter to your stakeholders, you are relevant, maybe even important, to your employees, customers, communities, and shareholders.

Community 78

Community Resources Community Bank Customer Experience 78

Abrigo

MARCH 6, 2015

Banks of any asset size are now required to identify areas of risks that are not in line with their risk profile and adjust their capital where it is appropriate. Community banks typically have less complex loan portfolios than larger institutions, so the actual capital calculation may not be as difficult. ” Blog Bank'

Risk Management 150

Risk Management Capital Community Bank Regulation 150

PYMNTS

APRIL 13, 2020

percent of consumers are either ‘very’ or ‘extremely’ likely to use or already use national banks, and 60.1 percent feel the same toward local and community banks. percent who would be ‘very’ or ‘extremely’ likely to use or already use banking-like services from PayPal and 27.5 “Our survey shows that 64.2

Digital Banking 154

Digital Banking ATM Community Bank Survey 154

Abrigo

APRIL 7, 2022

Community banks with small asset sizes might merge with other small institutions whose branches complement one another, and larger banks may acquire smaller ones whose services fit their offerings. Download this three-step AML checklist for mergers and acquisitions. Stay AML Compliant. keep me informed. Whitepaper.

Compliance 195

Compliance Policies Fraud Analysis 195

PYMNTS

AUGUST 11, 2017

Once a business enrolls in Lowe’s PreLoad, the primary user can distribute cards to several team members, manage funds in real time and customize expense reporting for downloading to financial management software, storing or printing. Sunrise Banks is Lowe’s issuing partner for PreLoad.

Cards 100

Cards Jacksonville Community Bank National 100

Independent Banker

FEBRUARY 24, 2016

Quail Creek Bank develops its own Apple Watch app. Many of your community bank’s customers are using smartphones, and most smartphone users with bank accounts are using mobile banking. Community banks must improve their customers’ mobile banking experience to remain competitive with national banks.”.

Oklahoma 70

Oklahoma Oklahoma City Apple Community Bank 70

Independent Banker

OCTOBER 29, 2014

Big-brand megabanks, the Visa and MasterCard networks, and big-box merchants had signed up to become partners with Apple’s universal retail smartphone app that uses Near Field Communication and tokenization technologies. So where do ballyhooed mobile banking and payments developments among the biggest players leave community banks?

Mobile 105

Mobile Community Bank Community Technology 105

PYMNTS

MARCH 20, 2018

The program aims to accelerate the integration and deployment of digital banking technologies and to improve member experiences. Further collaborations could be possible if credit unions and community banks can work better together, according to J. To read the full story, download the latest Credit Union Tracker.

Millennials 110

Millennials Report Community National 110

PYMNTS

MARCH 31, 2020

This investment is well above the industry’s average technology spending, however, which for North American banks totals 17 percent of the total budget and for European banks amounts to 14 percent. Small banks are also making significant digital overhauls.

Analytics 174

Analytics Data Security Marketing 174