PYMNTS

JULY 7, 2020

For more community banks, the latter strategy can fast-track digitization initiatives. This week’s look at the latest bank-FinTech tie-ups shows Banking-as-a-Service and other FinTech players embracing smaller regional and community banks to elevate small- to medium-sized business (SMBs) and corporate banking offerings.

Community Bank 242

Community Bank Community Fintech Regional 242

Jeff For Banks

JANUARY 26, 2023

I recently spoke to a community group, and subsequently a community bank all-staff meeting regarding the definition of a community bank. The FDIC has defined community banks in their December 2020 Community Banking Report that either exclude or include the following criteria: Seems complicated.

Community Bank 147

Community Bank Community FDIC Risk Management 147

Abrigo

AUGUST 6, 2021

How can community financial institutions thrive in 2021? Community banks provide unique and important banking services for their customers, but they also face significant obstacles. Takeaway 1 Community banks play an important role in the economy and their communities, but they face significant obstacles.

Community Bank 195

Community Bank Community Kansas City Lending 195

Abrigo

FEBRUARY 12, 2021

Preparing for 2023 While community banks have until 2023 until they must comply with CECL, there is likely less time than expected. . While community banks have until 2023 until they must comply with CECL, there is likely less time than expected. 2023 CECL Deadline? Steps to Take This Year WATCH Webinar.

Community Bank 195

Community Bank Community Data Analysis 195

Independent Banker

NOVEMBER 30, 2022

Clockwise from top left: Grand Ridge National Bank, Wheaton, Ill.; Community Financial Services Bank, Benton, Ky.; Bank of Montana, Missoula, Mont.; CNB Bank, Berkeley Springs, W.Va.; Midwest Bank, Norfolk, Neb. Bank of Montana: Breaking the mold. Bank of Montana. What great resignation?

Community Bank 169

Community Bank Community Montana Leadership 169

Independent Banker

JANUARY 31, 2022

With consumer expectations seeming to evolve faster every year, community banks could consider partnering with a fintech to keep up with technological innovation. Swashbuckling, nimble, well-funded and unapologetically entrepreneurial, fintechs are offering innovations that allow community bankers to dream big in a host of ways.

Community Bank 159

Community Bank Community Fintech Risk Management 159

Independent Banker

AUGUST 31, 2021

Here’s what community bankers need to know when planning their budgets for the next year. of digital banking customers said they switched to digital banking because of the pandemic. Source: 2021 Provident Bank survey. Here are seven factors community banks should consider as they enter budgeting season.

Community Bank 170

Community Bank Community Lending Leadership 170

PYMNTS

MARCH 12, 2019

Innovation has always been important for community banks, but the driving force of digitization over the last decade has greatly sped up the pace, said Kevin Tweddle, chief innovation officer for the Independent Community Bankers of America ( ICBA ). Community banking is no exception.

Community Bank 205

Community Bank Community Innovation Fintech 205

Independent Banker

FEBRUARY 28, 2023

As community banks navigate this process, there are plenty of resources available to answer questions and provide guidance. The decision to build the FedNow Service was the result of a multiyear initiative of collaborating with the industry to explore ways to modernize the U.S. payment system.” payment system.

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Resources Community Bank Community Texas 115

Independent Banker

MAY 31, 2022

Fraud and cyber attacks are on the rise, and at great expense to the industry. Community banks have a choice about addressing the problem: Remain vulnerable or be vigilant. Fraud and cybercrimes continue to increase, causing challenges for community banks. Here are some ideas for strengthening fraud defenses.

Community Bank 134

Community Bank Community Fraud Texas 134

Abrigo

DECEMBER 2, 2014

To provide a report card on industry status and performance, the FDIC publishes a Quarterly Banking Profile. Results from the third quarter were just released, and while overall results were positive, community banks in particular excelled. Community banks’ net income grew almost 11 percent to $4.9

Community Bank 207

Community Bank FDIC Community Industry 207

ABA Community Banking

JULY 5, 2022

Not many bank CEOs can say their first bank job was. For those who can, they say it brings a unique perspective on leadership to the industry. The post The Path Less Taken to the Community Bank C-Suite appeared first on ABA Banking Journal.

Community Bank 122

Community Bank Community Leadership Industry 122

American Banker

JULY 18, 2023

The top five community banks have more than $1.8 billion in combined commercial and industrial loans as of March 31, 2023.

Community Bank 69

Community Bank Community Industry 69

PYMNTS

JANUARY 6, 2020

Community banks are pushing for a stronger role with their small business (SMB) customers. However, through an embrace of FinTech collaboration and industry consolidation, community banks appear poised to further dispel assumptions of a lack of digitization. A Consolidating Industry. Strengthening SMB Ties.

Community Bank 123

Community Bank Community Payments Fintech 123

Independent Banker

DECEMBER 31, 2021

Independent Banker ’s annual Community Bank CEO Outlook survey reveals how community bank leaders plan to leverage today’s deposit-laden banking environment to grow this year. Janet Silveria, Community Bank of Santa Maria. So, what’s at the top of community bank leaders’ to-do lists?

Community Bank 144

Community Bank Community Lending Louisiana 144

Independent Banker

JANUARY 31, 2023

Community bankers and industry experts share how to best put this data to use. By Colleen Morrison Data is the new currency for Big Tech, business, banking and beyond. billion-asset First State Community Bank in Farmington, Mo. All data creates a competitive advantage. The results?

Community Bank 91

Community Bank Community Trends Payments 91

Jeff For Banks

JANUARY 14, 2021

In June of 2008 I gave a speech titled "The Death of the Community Bank" and in that speech I made predictions. If I ignore where I was wrong then I am as guilty of willy-nilly prognostications that I sometimes think industry pundits engage in. Prediction: The General Bank will become extinct. Result: Mixed.

Community Bank 130

Community Bank Community FDIC Strategy 130

Independent Banker

FEBRUARY 1, 2022

The banking industry remains in flux. 2021 introduced new challenges for traditional banks, from the added competition of digital-only entrants to shifting consumer banking behaviors and lingering fallout from the ongoing COVID-19 pandemic. Community FIs are critical to maintaining competition and equity in the U.S.

Community Bank 103

Community Bank Community Trends Industry 103

South State Correspondent

NOVEMBER 3, 2014

The latest industry data was released over the weekend and a complete presentation is attached at the bottom of this blog post. Third quarter bank industry data shows return on equity performance was down at 8.1% for the industry and 8.2% for community banks below $25B in total assets.

Community Bank 223

Community Bank Community Industry Data 223

William Mills

MARCH 29, 2023

Thousands of community bankers and fintechs converged in Honolulu over the weekend of March 12, when the stability of our nation’s financial markets was being challenged (yet again). ICBA LIVE could not have been timed better.

Community Bank 80

Community Bank Community Honolulu Fintech 80

PYMNTS

NOVEMBER 13, 2018

To that end, news came earlier this week in the United States that a dozen community and regional banks have formed a group aimed at exploring the opportunities amid FinTech offerings. The group, to be known as Alloy Labs Alliance, according to a press release , is being managed by FinTech Forge.

Community Bank 183

Community Bank Community Fintech Arizona 183

PYMNTS

JUNE 7, 2018

Community banking can be one of the most rewarding and most challenging areas of financial services in which to work — that’s the view, anyway, of Rebeca Romero Rainey, president and CEO of Independent Community Bankers of America (ICBA) , who recently joined the nation’s leading advocacy organization that exclusively represents community banks.

Community Bank 157

Community Bank Community Millennials Regulation 157

Independent Banker

FEBRUARY 28, 2023

Derek Williams, president and CEO of Century Bank & Trust in Milledgeville, Ga., wanted to be a financier before finding his way to community banking. He has served as president and CEO of $365 million-asset Century Bank & Trust in Milledgeville, Ga., That love of community has defined his career.

Community 172

Community Community Bank Georgia San Antonio 172

Independent Banker

MAY 31, 2022

Community continuation is not about checking a regulatory box; it means putting a name to the people who will be the future of our banks. In our bank, we have retired the phrase “succession planning” and replaced it with “community continuation.” A checklist for effective community continuation. My Top Three.

Community 252

Community Community Bank Leadership US 252

American Banker

DECEMBER 12, 2023

The top five community banks averaged a return on average equity of 75.37% as of June 30, 2023.

Community Bank 81

Community Bank Community Industry 81

South State Correspondent

MARCH 19, 2024

We continue this theme of major drivers of loan and bank profitability and discuss the importance of cross-selling and upselling, and its impact on bank performance. In a future article we will discuss how community bankers may structure their commercial loan products to maximize cross-selling and upsell opportunities.

Community Bank 195

Community Bank Community Industry Cards 195

PYMNTS

APRIL 12, 2019

Community banks are voicing their frustration with what they say is a lack of competition in the market for corporate bank technology providers, reports in The Wall Street Journal said Thursday (April 11). Community banks say their services are often too expensive and can sometimes be delayed.

Community Bank 123

Community Bank Community New Jersey Fintech 123

South State Correspondent

SEPTEMBER 25, 2023

Given this new signal, community banks need to analyze what this interest rate environment means for their business model and how to maximize performance. The question is how will this interest rate development affect community banks’ performance, and what must community banks do to remain profitable?

Community Bank 195

Community Bank Community Industry Marketing 195

PYMNTS

JANUARY 9, 2018

While marketplace lending platforms and alternative finance players first surfaced to compete with traditional financial institutions (FIs), many large banks have now realized that collaborating with these companies is the way to better service SMBs — and without the added investment in developing proprietary systems.

Community Bank 131

Community Bank Community Fintech Lending 131

South State Correspondent

NOVEMBER 16, 2015

In order to give you the most current perspective on our banking industry, we have compiled the latest data and have attached a complete presentation at the bottom of this blog post. The net result was earnings for community banks being down. Here is a further breakdown -

Community Bank 150

Community Bank Community Industry Data 150

PYMNTS

OCTOBER 16, 2017

Last week, P2Bi announced the rollout of a new partnership program that enables community banks to participate in its small business loan marketplace. Community banks are typically a better bet for small businesses in search of a loan, with approval rates higher than those at larger financial institutions.

Community Bank 110

Community Bank Community Fintech Lending 110

South State Correspondent

FEBRUARY 8, 2016

To celebrate, we provide you the most current perspective on our banking industry. The summation of the quarter is this – While return on investment dropped for the industry, community banks did just a touch better and increased return performance.

Community Bank 150

Community Bank Community Industry Data 150

South State Correspondent

MARCH 30, 2023

While desiring to bank everyone in your community is noble, it can be a poor use of resources. Some customers offer better returns because they use more banking services and have more deposit balances. In this article, we look at 20 deposit-rich industries that have above-average profitability.

Industry 195

Industry Resources Community Case Study 195

PYMNTS

JUNE 25, 2019

Community financial institution (FI) Cross River Bank is acquiring Seed , a small business (SMB) digital banking company, reports in Reuters said on Monday (June 24). Cross River Bank has partnered with a range of FinTech startups since its 2008 launch, including collaborations with Stripe , Coinbase and Affirm , reports said.

Community Bank 116

Community Bank Community Digital Banking FDIC 116

ABA Community Banking

JULY 11, 2022

Cloud migration was a big deal for banks before COVID, but it kicked into a higher gear than ever as the pandemic drove virtual banking, digital workflows and remote work across the industry. The post Podcast: A community bank CEO’s perspective on cloud migration appeared first on ABA Banking Journal.

Community Bank 59

Community Bank Community Industry Leadership 59

Independent Banker

MARCH 31, 2022

My bank’s tagline is ‘Where dreams meet solutions,’ and it serves as my guiding inspiration at the bank and, now, at the national level. As community bankers, our customers depend on us to keep their dreams alive. Thankfully, that glass-half-full attitude comes naturally for community bankers. We’re more than just banks.

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Community Community Bank National Meeting 182

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? Community banks (assets under $10B) composed 14.3% as of Q1/23.

Community Bank 195

Community Bank Community Capital Policies 195