Independent Banker

MARCH 31, 2022

A secure, open-loop, cost-saving, customer-accessible, multiplatform P2P payments network might sound too good to be true, but community bank consortium Alloy Labs Alliance hopes to achieve just that with the CHUCK payment rail. Julieann Thurlow, CEO of $730 million-asset Reading Cooperative Bank in Reading, Mass.,

Community Bank 91

Community Bank Community Payments Meeting 91

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

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.

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Community Bank Community Payments Fintech 123

Banking Exchange

JULY 11, 2021

In reality, it’s been with us for decades Community Banking Technology Financial Trends Feature Digital Mobile Tech Management Online. For some reason, the term digital still strikes many as new and futuristic.

Community Bank 148

Community Bank Community Tools Trends 148

The Emmerich Group

JANUARY 20, 2022

There are many new trends that are hitting us in banking. Let’s face it, it’s not like it used to be. And let’s also talk about how to make sure that you’re successfully managing some of these banking trends. Banking Trend Number One. Continue Reading.

Banking Trends 68

Banking Trends Community Bank Trends Community 68

South State Correspondent

MARCH 13, 2023

While we will cover the general lessons HERE , in this article, we wanted to focus on the root cause – how and why interest rate risk caused the second-largest bank failure in US history (Washington Mutual was the largest in 2008). Notably, most community banks’ duration risk is in the loan portfolio.

Risk Management 221

Risk Management Management Community Bank Community 221

South State Correspondent

APRIL 4, 2024

Secular changes occur over many business cycles, tend to be slow-moving, and are more difficult to manage with business strategy. However, because bank capital has an average expected life of 15 to 20 years, bank managers must gauge and react to secular changes that will impact their business model.

Risk Management 195

Risk Management Community Bank Policies Community 195

Independent Banker

DECEMBER 31, 2021

Let’s rediscover what it means to be community bankers. Because as community bankers, it’s what we do. That just may be community bankers’ word of the year. As we enter 2022, we are balancing low margins, high wages, too much liquidity and a lack of loan demand, and we have our work cut out for us. My Top Three.

Community 171

Community Exercises Community Bank US 171

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.

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Community Bank Community Digital Banking FDIC 116

Independent Banker

DECEMBER 1, 2021

The pandemic forced us to find new ways to interact with customers. Many of today’s banks have recognized this shift and are looking for new ways to attract, engage, and retain their customers, all while providing a great experience. 18% of these consumers opened an account with an online-only direct bank.

Community Bank 91

Community Bank Community Fintech Guidelines 91

Banking Exchange

SEPTEMBER 13, 2020

Community bank lenders were caught flat-footed by both the need to process large numbers of complex PPP loans quickly and support the ever-shifting guidelines from the SBA Community Banking Feature3 Feature Technology Tech Management The Economy Covid19.

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Community Bank Community Technology Guidelines 78

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

Banking Exchange

OCTOBER 26, 2020

Specialist financial services investor FJ Capital says the economic recovery and ultra-low interest rates make for ideal merger and acquisition conditions Management M&A Feature Feature3 Community Banking.

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Community Bank Community US Capital 60

South State Correspondent

OCTOBER 9, 2023

In two articles in the past few weeks ( here and here ), we discussed how the “higher-for-longer” interest rate environment will affect the community bank sector – continued increase in the cost of funds (COF), steady yields on loans, and a decrease in net interest margin (NIM) will put severe pressure on ROE for new loan originations.

Tools 195

Tools Community Bank Community Strategy 195

South State Correspondent

MARCH 28, 2023

Empirical evidence, historical bank failures, and common sense teach us that many risks do not translate to higher yields. This article will compare pay-for-risk vs. relationship banking business models for community banks. Over time, the market does not adequately compensate banks for credit and interest risk.

Community Bank 195

Community Bank Community Management Marketing 195

South State Correspondent

JULY 10, 2023

One possible solution to this dichotomy is for banks to offer interest rate swaps to hedge individual loans. This article will review domestic banks’ adoption of interest rate swaps. Next week’s article will consider the challenges and possible solutions for community banks to adopt loan hedging programs.

Community Bank 195

Community Bank Community Tools Management 195

South State Correspondent

OCTOBER 4, 2023

In an article last week ( Here ), we discussed how the higher-for-longer interest rate environment will affect the community bank sector. We argued that community banks must learn to improve performance in a low-growth environment for the foreseeable future.

Community Bank 195

Community Bank Community Capital Comparison 195

South State Correspondent

AUGUST 21, 2022

Last week we wrote about loan-level vs. balance sheet hedging for community banks and provided our loan proposal generator ( HERE ). We compared and contrasted the two strategies and sized the market for community banks. A community bank may transact one or only a few balance sheet hedges over many years.

How To 195

How To Community Bank Community FDIC 195

South State Correspondent

JANUARY 16, 2024

Barings Bank, Orange County (CA), Enron, Long-Term Capital Management, and other entities misused derivatives or didn’t understand the difference between hedging and speculating. Some bankers will soon hear about another example of banks using derivatives that, unfortunately, will lead to losses. No ISDA documents.

Community Bank 195

Community Bank Community Compliance CA 195

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

Jeff For Banks

AUGUST 2, 2021

Many of those original employees are still with us. 14/ @Schornack Strong expense management structures allow the SMB more flexibility then to further invest in strong staff and improved client experiences. 21/ @Schornack The other item that I fixate around is writing a monthly management report to my board. million in loans.

Community Bank 78

Community Bank Community Minnesota Metro 78

Banking Exchange

AUGUST 16, 2021

US Bank has agreed to buy Bento Technologies for an undisclosed sum Technology Feature3 Fintech Feature Tech Management Community Banking.

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US Fintech Community Bank Community 78

South State Correspondent

JUNE 30, 2023

Many banks pride themselves on superior customer service, and approximately 90% of all community banks believe that they provide an above-average level of customer service (the math cannot work that way). There are several ways for bank managers to address this issue and better align relationship pricing with bank profitability.

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Resources Community Bank Capital Community 195

South State Correspondent

MAY 18, 2022

In two recent articles, we reviewed the banking industry’s deposit behavior with regard to cost of funding earning assets (COF) ( HERE ), and we compared how community banks’ COF behaves relative to national banks in a rising interest rate cycle ( HERE ). A graph for SouthState Bank appears below.

Community Bank 195

Community Bank Community Analysis Industry 195

South State Correspondent

OCTOBER 17, 2022

In a previous article ( HERE ), we discussed the concept of Funds Transfer Pricing (FTP), why systemically important banks and large regional banks incorporate FTP, and why community banks should also consider implementing FTP. bank about loan pricing. FTP Attribution – A Specific Loan Example.

How To 195

How To Community Bank Community Capital 195

The Paypers

DECEMBER 4, 2020

ZSuite Technologies , a financial technology company offering digital tools that help small businesses and individuals automate collection of recurring payments and manage security deposits, has partnered with US-based BAC Community Bank (BAC).

Community Bank 44

Community Bank Community Digital Banking Financial Technology 44

Gonzobanker

NOVEMBER 9, 2022

New approaches to talent and technology are needed to address changes in the wealth management business model. Wealth management and trust clients are some of the most lasting and profitable relationships a bank can attract, but the banking industry is simply missing the opportunity to realize these businesses’ vast strategic potential.

Management 158

Management Community Bank Strategy Technology 158

Banking Exchange

JUNE 9, 2021

The latest C-suite appointments at US banks Management Feature Human Resources Feature3 People Community Banking.

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Texas US Capital Community Bank 78

Abrigo

OCTOBER 20, 2020

The banking industry has faced many challenges in 2020, from transitioning to CECL, managing Paycheck Protection Program loans, and navigating an unprecedented economic recession. More than 500 banking professionals across the country gathered for a two-day 2020 ThinkBIG: Manage Risk. Drive Growth.

Management 195

Management Lending Community Strategy 195

Independent Banker

JUNE 30, 2022

Working through any difficulty or crisis at your community bank won’t be a walk in the park, but it may lead to an experience for which you’re truly grateful. As a community banker, you’re either going through a crisis or you’re preparing for one. And today, CAMELS are a main area of focus for our bank. My top three.

Community Bank 171

Community Bank Community Lending Training 171

South State Correspondent

JULY 5, 2022

We concluded that obligors showing less than 1.50X DSCR would be most at risk, but the average community bank underwrites to 1.20X DSCR. Many bankers responded that their loan-to-values (LTVs) are low and expect that the secondary source of repayment will protect the bank’s capital. in December 2021).

Management 195

Management Capital US Community Bank 195

Banking Exchange

JANUARY 10, 2022

2021 saw several US banks announce new transactions despite simmering regulatory pressure Compliance Management Feature M&A Feature3 Compliance/Regulatory Compliance Management Community Banking.

US 60

US Regional Compliance Community Bank 60

Banking Exchange

MAY 24, 2021

Virginia-based bank seeks to boost banking access for overseas companies with US banking needs Community Banking Feature3 Fintech Feature Financial Trends Mobile Online Tech Management.

Virginia 145

Virginia Community Bank Community Trends 145

Jeff For Banks

JULY 6, 2013

I recently read a report by the US Senate Committee on Health, Education, Labor and Pensions titled The Retirement Crisis and a Plan to Solve It , led by Senator Tom Harkin (D: Iowa). Although it calls for USA Retirement Funds to be private, it used the typical keywords of "transparency, accountability, etc." that reads.

Community Bank 106

Community Bank Community National Iowa 106

Independent Banker

DECEMBER 31, 2021

To satisfy the banking needs of some commercial and high-net-worth clients, some community banks provide trust and tax strategy services. These banks report that specialized services are a way to deepen their already close customer relationships. United Community Bank in Mount Sterling, Ill., By Don Sadler.

Taxes 91

Taxes Community Bank Community Strategy 91

Banking Exchange

OCTOBER 26, 2020

The ‘Bank On’ initiative is being flagged as a key solution for underbanked and unbanked individuals and communities across the US Community Banking Compliance Retail Banking People Customers Online Compliance Management Compliance/Regulatory The Economy Feature Feature3 Socially Responsible Investing SRI SRI Exchange.

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Community How To Compliance Community Bank 60

Independent Banker

JUNE 30, 2022

Demand for digital solutions continues to accelerate, making innovation an imperative for community banks looking to excel in today’s evolving market. That’s why ICBA makes innovation a priority and provides community banks with the information and tools necessary to grow and succeed in today’s competitive landscape.

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Innovation Rhode Island Community Bank Community 134