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Top concerns and growth strategies of community banks: Part I

Abrigo

This article is the first in a two-part series on top concerns and growth strategies of community banks. Risk management. These are all phrases that resonate with community bankers. Data from Bank Director’s 2014 Growth Strategy Survey in August confirms that these are bankers’ greatest concerns.

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Spotlight on lending: Commercial loan growth geographically

Abrigo

For entrepreneurs eager to get their first (or maybe their fifth) business off the ground, there is perhaps no better place to look for funding than the southern United States. A recent data report culled from Sageworks Bank Information , a web-based data platform that includes financial and regulatory information on every U.S.

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The Niche Bank

Jeff For Banks

Me to a community banker: Why don't you offer more options than real estate secured lending to help fund early stage businesses? Banker: Because that's not community banking. I've been in this business over 20 years and still don't know the definition of community banking. In other words, be a General Bank.

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Predicting the Next Banking Crisis Is a Fool’s Game. Not Learning From the Last One: Equally Foolish

Jeff For Banks

The early 1980s was a difficult time for the United States, as consumers faced rising prices, high unemployment, and the effects of a supply shock—an oil embargo—which caused energy prices to skyrocket. Although community banks did not lend to sub-prime borrowers in any meaningful way, did we participate?

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Preparing for the Unpredictable

Gonzobanker

The United States started responding about two months late, and widespread testing only become available in the last week. Cornerstone Advisors has been a broken record telling the story of a community banking industry that’s falling behind in online and mobile capabilities.

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Guest Post: Financial Markets and Economic Update by Dorothy Jaworski

Jeff For Banks

Every major economy, including the United States, European Union, China, Japan, Australia and New Zealand, and Great Britain (with Brexit issues), is dealing with weaker growth. Dorothy has been with Penn Community Bank and its predecessor since November, 2004. Growth around the world is slowing, too.

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Banking on a Winner: Fostering innovation to compete in today’s financial environment

ZootBlog

There are several ways for banks to elevate their game—fintech houses, neobanks, alternative lenders, in-bank labs. There are now more than 8,000 financial technology companies in the United States with the potential to shake up traditional financial institutions. Fintech Houses.