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7 ways community banks can boost profitability

Independent Banker

A profitability strategy has a lot to factor in given today’s uncertain market. 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. Quick stat.

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Bankrate, Step Aside. Seattle Bank’s Unbiased CD Site Has National Plans

The Financial Brand

Seattle Bank’s Unbiased CD Site Has National Plans appeared first on The Financial Brand. One community bank has launched a free CD rate listing service that aims to help both consumers and financial institutions. Seattle Bank’s Unbiased CD Site Has National Plans appeared first on The Financial Brand.

Seattle 32
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Beneficial State Bank’s financial activism

Independent Banker

Under the leadership of CEO Randell Leach, Beneficial State Bank is pursuing an ambitious mission of financial activism and strong corporate values. 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.

Oakland 153
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Seattle's Got Plenty of Allure, But Few Entry Points

American Banker

Seattle, with great demographics and low unemployment, is an attractive market, but M&A is constrained by a dearth of locally owned banks.

Seattle 28
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Banking's Top 5 in Total Return to Shareholders: 2019 Edition

Jeff For Banks

My method was to search for the best banks based on total return to shareholders over the past five years. I chose five years because banks that focus on year over year returns tend to cut strategic investments come budget time, which hurts their market position, earnings power, and future relevance than those that make those investments.

Indiana 78
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Podcast: With Rebrand, WaFd Puts Its Bank Identity Front and Center

ABA Community Banking

billion regional institution based in Seattle -- had a problem: many in the general public didn't realize exactly what it did. The post Podcast: With Rebrand, WaFd Puts Its Bank Identity Front and Center appeared first on ABA Banking Journal. Washington Federal -- a $16.4

Seattle 40
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Smaller, Tech-Oriented Branches Gain Steam in Booming Markets

American Banker

Banks in cities such as Seattle and New York are getting creative with branching, adding some that are smaller than modest apartments.

Seattle 28