Jeff For Banks

AUGUST 2, 2021

He exemplifies the best of next generation bank leadership, with eyes wide open to the next iteration of banking in our rapidly changing environment. 2/ @Schornack The primary asset of the organization was Flagship Bank Minnesota, a Member FDIC and Equal Housing Lender with two locations in the Twin Cities Metro Area.

Community Bank 78

Community Bank Community Minnesota Metro 78

Abrigo

DECEMBER 22, 2023

download NOW Takeaway 1 The most popular blog posts on the Abrigo site reflect many of the priorities community banks and credit unions had in 2023. Takeaway 2 The top lending and credit blog posts focused on the benefits of banking technology, interest rate management, and developing risk ratings.

Lending 221

Lending Risk Management Community Management 221

Independent Banker

FEBRUARY 28, 2022

Customized, well-thought-out interactions—especially in the online banking space—are integral to wooing new customers and retaining existing ones. We asked several banking leaders how they’ve employed fintech to ramp up their marketing campaigns, hone their analytic strategies and gain new patrons in the process.

Fintech 136

Fintech Marketing Community Bank Community 136

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

Independent Banker

OCTOBER 31, 2022

We spoke with industry specialists about the priorities for community banks as they build a digital loan process for small businesses. It’s critical for community banks to have online loan applications, process automation staff skilled in digitization and more. Doing so can help community banks: Optimize the loan cycle.

Lending 91

Lending Community Bank Community Illinois 91

South State Correspondent

MARCH 15, 2023

While interest rate risk caused the most significant impact on value, several other factors contributed to the terminality of each bank that was closed. This article highlights ten not-so-evident lessons of the banking crisis that every banker must consider going forward. This is compared to about 40% at most banks.

social media 195

social media FDIC Branding Management 195

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

Independent Banker

NOVEMBER 30, 2022

Stacy Watkins (left), president and CEO, and Hilary Nelson (right), senior vice president and director of operations and compliance, at the Las Vegas Strip. When it comes to supporting outliers in the Las Vegas community, Lexicon Bank knows how to play its cards. Name: Lexicon Bank. Photo by Sammy Tillery. Assets: $237.6

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Las Vegas Community Bank Community Wisconsin 129

Gonzobanker

MARCH 7, 2024

It happened this week: Fintech Meetup , one of the newer trade events that brought 4,000 or so fintech and banker types to Las Vegas. The experience felt akin to entering a mosh pit but instead of musicians, you are in it with bankers and entrepreneurs and there are chairs. He likened it to regression testing.

Las Vegas 147

Las Vegas Fintech Conference San Francisco 147

Independent Banker

NOVEMBER 30, 2021

Community banks use dozens or even hundreds of vendors—making it critical that they have an efficient way to stay compliant, track performance and more. Some banks are using a combination of software and internal personnel and systems to do just that. billion-asset 1st Security Bank of Washington in Mountlake Terrace, Wash.,

Management 91

Management Community Bank Community New Jersey 91

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

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

South State Correspondent

MAY 31, 2023

The concept that we allow the customer to choose how they want to bank often enables the bank to be passive in its position and give up agency. Despite that increase in profitability, banks need to be mindful of how they manage their branch and customer base to increase profitability further.

Data 195

Data Branch Strategies Strategy Mobile 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

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

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

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

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

PYMNTS

NOVEMBER 23, 2016

The Trump effect on big banks — particularly their stock prices — has gotten an awful lot of play in the last week or two. But more quietly, America’s small banks and small bankers have been gearing up to get excited for the forthcoming changing of the guard.

Community 100

Community America Maine Regulation 100

Independent Banker

OCTOBER 29, 2014

About 99 percent of the time I use the app on my phone when I need to do some kind of banking,” Bauhs says. About 99 percent of the time I use the app on my phone when I need to do some kind of banking,” Bauhs says. And the other 1 percent I go into the bank.”. By Ed Avis. Meet Jack Bauhs, your next customer.

Millennials 110

Millennials Community Bank social media Community 110

PYMNTS

APRIL 22, 2020

The House is expected to pass the measure on Thursday (April 23), with President Donald Trump signing it into law by week’s end. In less than two weeks, all of the money had been allocated to firms that had successfully submitted applications via their banking institutions – about 1.6

Kentucky 237

Kentucky Community Groups Community Bank 237

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.

Fintech 143

Fintech Strategy Leadership Lending 143

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

NOVEMBER 13, 2014

About 99 percent of the time I use the app on my phone when I need to do some kind of banking,” Bauhs says. About 99 percent of the time I use the app on my phone when I need to do some kind of banking,” Bauhs says. And the other 1 percent I go into the bank.”. By Ed Avis. Meet Jack Bauhs, your next customer.

Millennials 87

Millennials Community Bank social media Community 87

Independent Banker

JULY 30, 2015

Leading a team of marketing and communications experts, he is an outside-the-box thinker who believes strongly in the mission of the organization and the importance of community banks. Our members are thought leaders and visionaries who are the backbone of every community,” he says. “Our Community Banking Month.

Resources 70

Resources social media Marketing Tools 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 24, 2016

“I know that unnecessary regulation saps the strength of community banks.” Federal banking regulators are always alert to emerging safety and soundness issues. Having said that, I believe very strongly that community banks have a bright future, and they don’t need to ease or lower their standards to build market share.

Community Bank 70

Community Bank Community Regulation Compliance 70

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

Independent Banker

SEPTEMBER 22, 2015

Having worked in banking for nearly 23 years and having been preceded in executive leadership by my father and grandfather at our family’s community bank, I have repeatedly heard similar statements from our mortgage customers. It upsets them, too. To say that we’re overregulated is a huge understatement!

Maine 70

Maine Regulation Washington Community 70

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

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

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

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

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. 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.

Miami 70

Miami Community Bank Community Resources 70

Long Lasting Ideas

JANUARY 5, 2015

A generation ago, bankers could count on young people –piggy banks in hand — riding their parents’ coattails to the neighborhood branch. As the years passed a kid who opened a savings account at 10 opened a checking account or a student loan at the same bank before heading off to college at 18.

Marketing 40

Marketing Millennials Community Bank social media 40

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.

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Trends Community Lending Community Bank 70