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How to Manage Your Efficiency Ratio with Loan Size

South State Correspondent

This development is very important to community banks, as their efficiency ratio also increased, but to 61.63%. The national banks have already indicated how they plan to reverse the efficiency ratio increase – through headcount reduction. What is Driving the Efficiency Ratio at Community Banks?

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Whole Paycheck Tracker: Target, Walmart Comparison Uncovers Different Digital-First Strategies

PYMNTS

By a strict look at the macro numbers, Target still pales in comparison. And when attention turns to loyalty programs, the comparison is even more dramatic. It won’t compete on a scale level, but Target’s management team and commitment to eCommerce make it a retailer to watch as it grows. Stores: Walmart, 11,500; Target, 1,868.

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7 Reasons To Focus More on Hedge Fee Income

South State Correspondent

Many community banks are searching for ways to increase fee income, and many bank CEOs have concluded that fee income is a significant driver of revenue and profitability. We argue that larger banks do not have an inherent advantage over community banks in generating fee income because of their scale.

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Using P2P Payments To Bank More Of The Unbanked

PYMNTS

She said the global pandemic has simply advanced a movement that has been underway for years, which has sought to provide banking access and digital financial services to underserved communities, mostly through mobile devices. Crypto And AI/ML.

Payments 206
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Using Machine Learning For Deposit Tiering

South State Correspondent

This deposit performance is what makes transaction accounts so valuable and speaks to why every bank needs to make digital account opening and treasury management a priority. A bank can modify its tiers all it wants, but that effort pales in comparison to making sure you are driving the right product mix or having competitive products.

Data 195
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Beyond Peer Analysis: Adopting a Benchmarking Mindset

Independent Banker

Benchmarking looks beyond peer averages to identify top performers; it redefines the nature of an assumed peer group, and it requires a deeper level of analysis from the management team. Example: Net Interest Margin (NIM). Looking at NIM, in Q2 2021, the UBPR indicated a value of 3.52 for the bank and an average value of 3.40

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5 Reasons to Start CECL Implementation Now

Abrigo

Community financial institutions required to complete the current expected credit loss (CECL) standard implementation by 2023 are undoubtedly busy managing record-low net interest margins, pandemic-related uncertainties, and operational issues, as well as their own strategic initiatives. Start Now’.

Resources 195