Independent Banker

NOVEMBER 30, 2022

When it comes to supporting outliers in the Las Vegas community, Lexicon Bank knows how to play its cards. Name: Lexicon Bank. Lexicon Bank in Las Vegas opened its doors in August 2019, not long before COVID-19 shut down the city’s entertainment businesses. Photo by Sammy Tillery. By Tom Groenfeldt. Assets: $237.6

Las Vegas 129

Las Vegas Community Bank Community Wisconsin 129

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 Beef up your loan pricing strategy. Options for Excess Funds. billion from $515.3

Conference 195

Conference San Antonio Lending Fraud 195

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. Name: Beneficial State Bank. The team at Beneficial State Bank believes that banking has the power to bring about radical change. Assets: $1.5

Oakland 153

Oakland Community Community Bank Leadership 153

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. Let’s be clear Gonzobankers, these deals are NOT about massive numbers of bank core replacements. Let’s take a closer look at each deal: Finxact Goes To Fiserv.

Financial Technology 136

Financial Technology Technology Fintech Community 136

Gonzobanker

DECEMBER 17, 2021

THE BANKER AWARDS. Bank Deal of the Year. With prices rational and revenue pinched, there were some nice acquisitions by many banks. Bancorp for grabbing MUFG Union Bank. Lots of tech and operations to clean up, it appears, but no solid bank is better qualified than the team from Minneapolis. Doug Larson.

Fintech 143

Fintech Strategy Leadership Lending 143

Independent Banker

DECEMBER 31, 2022

We recently spoke with community bank CEOs from across the country to gain insights on how they’re proactively positioning to manage risks and take advantage of growth opportunities in the coming year. Following some respite in 2022, community bankers are bracing for a tougher economic landscape ahead in 2023.

Community Bank 91

Community Bank Community Tampa North Carolina 91

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

Abrigo

NOVEMBER 24, 2015

In prepared remarks for the release of the FDIC’s third-quarter version of the Quarterly Banking Profile , Gruenberg said growing interest-rate risk and credit risk warrant “timely attention” by banks and will “continue to be a focus of supervisory attention.” Banks’ net interest margin, on average, ticked slightly higher to 3.08

FDIC 150

FDIC Lending Community Bank Industry 150

Gonzobanker

DECEMBER 22, 2020

Bankers started the year with good business plans, strong balance sheets, and optimism. Banks and credit unions had to fundamentally change their delivery, support and relationship management models at scopes and speeds that were unheard of. And how did community banks and credit unions respond to the COVID craziness?

Idaho 172

Idaho Community Industry Strategy 172

Independent Banker

NOVEMBER 30, 2021

Premium benefits packages, professional development and TLC during the pandemic—this year’s winners do everything in their power to keep their community bankers happy and fulfilled. We asked both leaders and staffers to tell us what makes their community banks stand out as employers. Key Community Bank.

Community Bank 164

Community Bank Community Texas Leadership 164

Jeff For Banks

DECEMBER 16, 2022

The first bank to crack the Top 5 over $50 billion did so in 2020. As a reference, the best SIFI bank in five-year total return this year was JPMorgan Chase at 82nd overall. My method was to search for the best banks based on total return to shareholders over the past five years. Nasdaq: LOB) #5.

Puerto Rico 78

Puerto Rico Virgin Islands Community Community Bank 78

Independent Banker

AUGUST 31, 2021

This year’s winners: Left: Central Valley Community Bank, People’s Choice Award; Middle: Kennebec Savings Bank, Exceptional Community Bank Service Award; Right: Cross River Bank, Emerging Service Program Award. Exceptional Community Bank Service Award. Kennebec Savings Bank.

Community Bank 196

Community Bank Community National Fresno 196

Gonzobanker

MAY 17, 2022

As technology buyers, banking executives need to up their game on tech purchases and technology performance management. For regional and community banks there has never been a more frustrating time to be a buyer versus a builder of financial technology. Tech companies trying to support a bank stack have no easy task.

Technology 135

Technology Regional Community Bank Community 135

Independent Banker

SEPTEMBER 26, 2014

Awareness of elder financial abuse is growing, and community bankers are often relied upon as the front line of defense in the protection of their customers, including as providers of crime prevention education and information. Buhrmaster, president of 1st National Bank of Scotia, in Scotia, N.Y. “As

Community 101

Community Resources Community Bank Video 101

Independent Banker

JULY 30, 2015

Throughout the 84th Texas legislative session this year, the Independent Bankers Association of Texas focused on several proactive agenda items intended to address issues of importance as directed by IBAT’s legislative committee and board of directors. By Steve Scurlock. Data security breaches. Debit card surcharge enforcement.

Data 70

Data Texas Community Bank Taxes 70

Independent Banker

DECEMBER 13, 2015

Nevertheless, cash—and coins for rounding up transactions—still plays a primary role in many millions of transactions every day on America’s Main Street. “We We still have a high demand for cash,” says Tylynn Theis, vice president of Harvest Bank, a $130 million-asset community bank in Kimball, Minn.

Community Bank 70

Community Bank Community Maine Mississippi 70

Independent Banker

FEBRUARY 25, 2015

Community banks, which will continue to face a growing number of senior customers with everyday cash needs and built-up home equity, should explore this niche lending opportunity, two community bankers providing these specialty loans suggest. The bank closes 35 to 45 reverse mortgages each month.

Trends 70

Trends Community Lending Community Bank 70

Independent Banker

JULY 31, 2022

Fallout from recent global events presents an obstacle to generating revenue for community banks. Since COVID-19, profitability planning for community banks has mainly hinged on how the government was coping with the pandemic and the key role financial institutions played in keeping the economy afloat. By Elizabeth Judd.

Strategy 135

Strategy Community Bank Louisville Community 135

Independent Banker

NOVEMBER 13, 2014

ICBA Independent Banker is happy to report that robots aren’t marauding down Main Street. The Internet of Things, also known as the Industrial Internet, is where networked smart devices communicate to powerfully automate a multitude of complex tasks for both consumers and businesses, potentially including community banks.

Community Bank 71

Community Bank Community Maryland System 71

PYMNTS

JANUARY 31, 2019

is set to see its first new community bank in decades, as the Federal Deposit Insurance Corporation (FDIC) lent its approval for MOXY Bank to launch in Washington, D.C. MOXY Bank, for example, aims to introduce corporate treasury management services, as well as offerings for small business (SMB) owners.

Community Bank 122

Community Bank Community FDIC Marketing 122

Independent Banker

JANUARY 26, 2016

Of course, community banks are the primary economic engines behind small businesses on Main Street America, funding more than 60 percent of all small-business lending. This is a mindset shift for communities. Entrepreneurs are the ones who will transform the community.”. Create an Entrepreneurial Community.

Miami 70

Miami Community Bank Community Resources 70

Independent Banker

OCTOBER 29, 2014

Large banks and nonbanks, merchants and technology companies are pressing to solidify their inroads into the financial transaction business. But how far are they willing to go to do their banking on small mobile devices? So where do ballyhooed mobile banking and payments developments among the biggest players leave community banks?

Mobile 105

Mobile Community Bank Community Technology 105

Gonzobanker

DECEMBER 19, 2017

Rainbolt has quietly built a community bank in the past 20 years that is closing in on $2 billion of market cap. GonzoBanker of the Year – Large Banks. 16 passing of Robert Wilmers, chairman and chief executive officer of M&T Bank Corp. Well, you can cross the last one off your list, because THE AWARDS ARE HERE.

Conference 91

Conference Industry Community Bank Community 91

South State Correspondent

OCTOBER 28, 2022

This was followed by a focus on banking-as-a-service, embedded finance, open banking, Web 3.0, Many of the new banking and payment technologies have now far eclipsed traditional cores’ capabilities. Banks are just starting to realize this. Small Idea – It’s Our Kid’s Technology. That will require a new core.

Conference 195

Conference Technology Las Vegas Trends 195

Abrigo

MARCH 24, 2021

Independent Banker Survey. Growing loans, earnings are banks' top challenges in 2021. The top banking challenges in 2021 are growing loans and earnings, according to Independent Banker’s recent 2021 Community Bank CEO Outlook survey. Technology sets up future lending success.

Lending 221

Lending Technology Survey Examples 221

Gonzobanker

DECEMBER 20, 2019

THE BANKING AWARDS. Charles Scharf, CEO, Wells Fargo – We have to give a nod to the individual tapped to restore the reputation and culture of such a legendary bank. Bank Lifetime Achievement Awards. Brutal competition is an everyday affair, as are product and price commoditization. But that’s for next year.

Idaho 148

Idaho Conference Data Marketing 148

Independent Banker

DECEMBER 28, 2015

Happy New Year, fellow community bankers! This upcoming year has a lot of good in store for our industry, because ICBA continues to pursue even more successes for community banks nationwide. Postal Service bank or establishing a single federal banking regulator.

Community Bank 70

Community Bank Washington Community Ohio 70

Gonzobanker

DECEMBER 19, 2022

All of you with your hands up… … uh huh. It would have required a few trips to the local dispensary to dream up what bankers have endured this year. Financial institutions that relied on mortgage banking fee income as a key earnings component have been left to make big adjustments. OK, show of hands. Pull ’em down.

Community 216

Community Fintech Industry Innovation 216

Gonzobanker

DECEMBER 14, 2023

The housing industry, and mortgage banking revenue, came to a stop. The specifics are unclear, but bankers recognized that this will be an absolute game-changing technology in future years, and delivery will change in ways we can’t even conjure yet. Employees are back to work. Or maybe two or three days a week. We are in awe.

Fintech 194

Fintech Community Regional Technology 194

Gonzobanker

NOVEMBER 18, 2014

And, man, did it ever … with the Aliens -esque signs of bankers getting their brains sucked out (or was it minds being blown by presenters, not sure?). With a focus on digital banking and branch transformation, it was interesting to see the attendee list with lots of sexy new customer experience and analytics titles.

Chicago 97

Chicago Retail Branch Design Training 97

Gonzobanker

DECEMBER 22, 2015

Sure, we bought some December options on west Texas crude at $100 a barrel, but it was only with a third of the 401(k)—plenty of time to make that up, right? THE BANKING AWARDS. It’s hard for any banker to avoid gulping at the sheer long-term performance of George Gleason II and his team at the Bank of the Ozarks.

Community Bank 60

Community Bank Apple Community Technology 60

Gonzobanker

DECEMBER 22, 2014

THE BANKING AWARDS. It’s been a busy year integrating recent acquisitions, purchasing $1 billion+ in Banco Popular deposits, hiring former Los Angeles Mayor Antonio Villaraigosa to advise on community relations, and having former President Bill Clinton speak at a major financial literacy event. That’s one helluva move up.

Los Angeles 101

Los Angeles Apple Risk Management California 101

Abrigo

APRIL 23, 2020

During a webinar hosted by Abrigo, Walter Lara-Figueroa, a Lender Relations Specialist from the North Carolina District Office of the SBA, said lenders should plan to book loans very soon after President Donald Trump signs the bill approving new funding. My best estimate is that if he signs today, it will be available the next day,” he said.

Lending 221

Lending Los Angeles North Carolina Community 221

FICO

MAY 6, 2020

The media has been giving banks a lot of bad press for how the Paycheck Protection Program (PPP) was handled. While small businesses are scrambling to obtain emergency funding, the COVID-19 crisis has exposed some of the shortcomings of the big bank system. This is the story and timeline of a small banker’s experience with PPP loans.

Community 52

Community Community Bank Lending System 52

PYMNTS

APRIL 22, 2020

The Senate has voted by unanimous consent to allocate another $484 billion in an interim relief fund, $310 billion of which will top off the depleted PPP fund directly, with an additional $60 billion specifically for smaller lending institutions. The initial $350 billion in PPP funds allocated as part of the massive $2.2

Kentucky 237

Kentucky Community Groups Community Bank 237

NCR

OCTOBER 28, 2016

That was an early appearance for this topic on a national stage, and it hasn’t let up since. In fact, student debt for undergraduates in the class of 2014 reached an average of $28,950 , up 2% from the previous year, and the number is undoubtedly higher for the majority of students in fields such as law and medicine.

Community Bank 40

Community Bank San Francisco Community National 40

NCR

OCTOBER 7, 2016

That was an early appearance for this topic on a national stage, and it hasn’t let up since. In fact, student debt for undergraduates in the class of 2014 reached an average of $28,950 , up 2% from the previous year, and the number is undoubtedly higher for the majority of students in fields such as law and medicine.

Community Bank 40

Community Bank San Francisco Community National 40