Independent Banker

MARCH 15, 2015

Texting millennials enters their private zone. Ask permission before texting or emailing them, and don’t abuse the privilege of your direct access with over-communication. Millennials want to be acknowledged. But do community banks know the unwritten rules of successfully engaging with millennials?

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Millennials Community Bank Community social media 70

Independent Banker

FEBRUARY 24, 2015

Texting millennials enters their private zone. Ask permission before texting or emailing them, and don’t abuse the privilege of your direct access with over-communication. Millennials want to be acknowledged. But do community banks know the unwritten rules of successfully engaging with millennials?

Millennials 70

Millennials Community Bank Community social media 70

Gonzobanker

APRIL 3, 2019

It’s not a “Millennial thing.” Focus on digital marketing and social media , supplemented with physical outreach to drive digital , such as enhanced contact centers, bank-at-work programs, trade shows, art exhibits and other outreach. About one-third of community banks are planning to add or replace this technology.

social media 108

social media Exercises Millennials Training 108

Social Assurance

JULY 20, 2017

Why Millennials Need Banking Security and Compliance. This is why Millennials and Gen X-ers like me are some of the highest people at risk for financial theft and fraud. Your presence on social media helps digitally trusting consumers know what to expect from your organization. Seriously, like everything.

Millennials 21

Millennials Compliance social media Security 21

Long Lasting Ideas

JANUARY 5, 2015

And at a micro level, how do community banks reach a generation overwhelmed with debt that inhibits wealth? A whopping 63 percent of millennials (ages 18 to 29) don’t have a credit card, according to a survey commissioned by Bankrate and compiled by Princeton Survey Research Associates International. Get out of the office.

Marketing 40

Marketing Millennials Community Bank social media 40

Social Assurance

JULY 20, 2017

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Millennials 12

Millennials Compliance Security social media 12

Banking 2020

NOVEMBER 27, 2015

That’s why digital capabilities have revolutionized every industry from retail and healthcare to banking—if the same services can be had from half a world away, and for a lower cost, why not avail of them? No one understands this trend better than those pesky millennials. This represents major shift in preferences.

Millennials 40

Millennials Survey social media Online 40

FICO

FEBRUARY 5, 2021

Nearly half (47%) of Millennials and a little more than a third (36%) of Gen Zers and Gen Xers engage in shadow financial activities. Other challenger banks (grouped together because of sample size) scored 7.81, ahead of Citibank, community banks and Wells Fargo. But that doesn’t mean banks can’t still provide value.

Millennials 52

Millennials social media Fintech Examples 52

ZootBlog

NOVEMBER 11, 2015

To hold customers and stay competitive various large banks are choosing to invest in fintech startups to integrate their talent, ideas, and technologies. Neobanks are gaining traction with millennials and the underbanked by connecting to their customers in a way that most banks do not—through the experience.

Innovation 60

Innovation Fintech social media Knowledge Base 60

American Banker

JUNE 24, 2016

Digital tools improve a bank's traditional sales process, but relationship-based banking is still a huge factor in winning over millennial customers.

Digital Strategies 53

Digital Strategies Strategy Millennials Tools 53

American Banker

OCTOBER 26, 2016

MemoryBank, a new digital-only bank unit of Republic Bank & Trust, aims to serve the sweet spot of customers who are digitally savvy but also have money.

Millennials 28

Millennials Digital Banking social media Community Bank 28

Independent Banker

AUGUST 25, 2016

to boost your community bank’s. social media presence. With the average individual spending 100 minutes on social media each day, it’s entirely possible for community banks to share some of that screen time. 2016 IB Social Media Leaders. View 2016 IB Social Media Leaders here.

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social media Community Bank Community Video 70

Social Assurance

JULY 16, 2014

Social media marketing is a lot more like soccer than it is like conventional war. If you are one of the thousands of community banks and credit unions in the US that compete against the big 5, here are a few things that may help you to think about the competing with social / digital strategies.

Community Bank 16

Community Bank social media Community Google 16

William Mills

MAY 11, 2016

In 2015, 70% of customers preferred to open bank accounts through mobile channels. Fiserv is meeting that need for FIs and millennials. Demo: In Instagram – Example dude sees an ad for sunglasses from a bank called Genius. Industry leader Fiserv is tackling the issue account opening for Millennials.

Video 40

Video Mobile social media Analytics 40

Social Assurance

OCTOBER 10, 2016

With so much work to be done during harvesting, you might think that this is one of the worst times of the year to connect with your agricultural customers via social media. Keep your content fresh and relevant for your followers and see if you can snag a few more with your social content this fall.

social media 12

social media How To Community Meeting 12

Social Assurance

DECEMBER 16, 2016

My friend had just closed on a new house, and graciously made a Facebook post (of a Snapchat screenshot) giving her community bank some love. That’s pretty good considering this bank’s own posts average 1-2 likes and few comments. Cover your social bases. Her post garnered 60 likes and 18 comments.

social media 12

social media Community Bank Branding Community 12

Gonzobanker

DECEMBER 22, 2015

Jill Castilla, CEO of Citizens Bank of Edmond, Okla. This year, the award is less about advancing “your career” as it is about advancing “your bank.” No one has been more successful at using social media to generate awareness and a positive image for their bank than Jill (@JillCastilla, @CitizensEdmond).

Community Bank 60

Community Bank Apple Community Technology 60

Gonzobanker

DECEMBER 20, 2018

Despite some controversy about the deal bidding structure, the point is that MB got close to $5 billion for the franchise and locked in an exchange rate before the bank equity market softened. Bank Purchase of the Year. CVB Financial acquires Community Bank. Megan Caywood goes from Starling Bank to Barclays.

Fintech 105

Fintech Conference Innovation Community 105