PYMNTS

SEPTEMBER 30, 2020

House committee this week began reviewing the idea of allowing the likes of Amazon or Facebook to receive charters to operate as banks — an idea that’s already gotten plenty of pushback from traditional financial institutions (FIs). However, the banking industry doesn’t like that one bit. “We

Regulation 349

Regulation National System Industry 349

Abrigo

MAY 5, 2022

Podcasts for Bank & Credit Union Execs & Staff Are Plentiful; Here Are 10 Good Ones These banking podcasts discuss current events, strategic and policy issues, competition, digitalization advice, and more. Main Street Banking: A Podcast for Community Bankers 8. And all release a new episode at least monthly. NextGen Banker 10.

Community 195

Community Lending Maine Resources 195

PYMNTS

MARCH 11, 2020

The coronavirus could have wide-reaching effects on restaurants, movie theaters, eCommerce and sporting events. The virus is reportedly decelerating in China, where it started late last year, but it is accelerating in other nations, per organization officials, as cited in the report. The president of the coffee chain’s U.S.

Apple 153

Apple Policies National Kentucky 153

PYMNTS

APRIL 7, 2020

The announcement came during the virtual America CARES Small Business Relief event hosted at the White House on Tuesday afternoon (April 7). SMB owners access to its Local Market Intelligence solution, which provides customer data to business owners to help them understand consumer spending trends in their communities.

New York 167

New York Community Tools Maine 167

South State Correspondent

JANUARY 4, 2023

In addition, they may consider focusing on these five critical areas: Improve Operating Leverage. To improve the quality of their earnings, banks need their number one focus to be on making their operations more efficient. To the extent projects improve operating leverage and the total experience, so much the better.

Community Bank 195

Community Bank Capital Training Lending 195

Abrigo

NOVEMBER 17, 2023

The Federal Bureau of Investigations (FBI) reports that natural disaster has historically brought fraudsters out of the woodwork, pouncing on a pool of vulnerable victims: the more catastrophic the event, the more active the fraudsters. These costs are necessary and ongoing, forming a crucial barrier against fraud scams.

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Fraud Training Trends Compliance 195

Independent Banker

AUGUST 31, 2021

It’s our responsibility to help make our communities better places to live, to help pull people out of poverty and address issues they’re facing. When I consider what differentiates us as community bankers, I’m immediately drawn to the legacy of good we create. Issue a press release with event photos to local media.

Community Bank 91

Community Bank Community social media National 91

PYMNTS

JULY 3, 2020

As many teams within businesses big and small had continued to rely on paper and manual processes, AP operations were tasked with migrating to a work-from-home environment quickly. Accounts payable (AP) teams and other financial functions of the enterprise were some of the hardest hit by the disruption caused by the global pandemic.

Regional 214

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PYMNTS

JANUARY 15, 2019

Visa said Monday evening at a New York gathering in anticipation of the launch that events through a year-long campaign will include interactive workshops, tailored on a community-by-community basis. 30 kickoff in Atlanta will include access to experts from Visa and entrepreneurs operating both nationally and globally.

Atlanta 189

Atlanta New York social media Community 189

Perficient

JULY 10, 2020

Achieving these commitments will require clinical, marketing, and operations teams partnering more closely together and in a way they never have before. COVID exposed the fragility of many systems’ operating models: an over-reliance on a small number of services to fund expenses across the enterprise. The $200B question.

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US Marketing Automation Marketing System 522

Independent Banker

AUGUST 31, 2021

This year’s winners: Left: Central Valley Community Bank, People’s Choice Award; Middle: Kennebec Savings Bank, Exceptional Community Bank Service Award; Right: Cross River Bank, Emerging Service Program Award. Exceptional Community Bank Service Award. The disruption, it turned out, had been caused by a food distribution event.

Community Bank 196

Community Bank Community National Fresno 196

PYMNTS

OCTOBER 5, 2020

Despite its 37 -state footprint, Werder noted that Fleet Feet thinks of itself as both a national brand and a community retailer. The company’s marketing philosophy is "hyperlocal at scale,” he said, and that concept is also reflected at a national level. The retailer’s primary communications vehicle is email.

Technology 131

Technology Retail North Carolina National 131

South State Correspondent

MARCH 16, 2022

If banking had an Olympics, creating loan value would be an event. Many community banks will market their fixed rate loans based on the simplicity of the prepayment provision, and this starts by understanding the value that each provision creates. This is by far the most common provision. Usually, this also means a longer-term loan.

How To 195

How To Community Bank Community National 195

Abrigo

AUGUST 9, 2019

Modernization of the Community Reinvestment Act. Banks and credit unions must learn about these upcoming changes, adjust for them, and meanwhile continue to operate their existing institutions and meet customers’ needs while following all of the regulations that come with being a financial institution.

Management 150

Management Conference Lending Training 150

Bobsguide

APRIL 13, 2022

Dubai, UAE – April 13, 2022 – Finastra today announced that Banque Misr, the second largest national bank in Egypt with international presence, has selected Fusion Trade Innovation and Fusion Corporate Channels to digitalize its trade finance services and provide a premium user experience. About Finastra.

Regional 113

Regional Innovation User Experience Software 113

Independent Banker

OCTOBER 1, 2022

But as the prevalence of security breaches grows, so do the opportunities for community banks to position themselves as guardians of their customers’ personal data through compliance, technology and relationship building. Shielding sensitive customer information from prying eyes remains a chronic industry challenge. By Katie Kuehner-Hebert.

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Data How To Community Bank California 91

PYMNTS

MAY 4, 2017

“Small businesses create 70 percent of the new jobs nationally and drive tremendous growth in our local economies as well,” said Capital One Head of Small Business Banking Celia Edwards Karam in a statement. “So So when small businesses flourish, everyone wins. At Santander, we’re turning the U.S.

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Capital Community National Trends 100

Jeff For Banks

JULY 5, 2022

And a branch, on average, cost about 1% of deposits in direct operating expenses. And oh by the way, it cost another 1% to support the operating expenses of support functions back at headquarters. Build a positive culture with operating discipline. And what greater meaning can they get than at a community financial institution?

Millennials 78

Millennials Community Pennsylvania Community Bank 78

PopularBank

MARCH 27, 2020

As we continue to navigate the ongoing situation surrounding coronavirus/COVID-19, we remain committed to acting in the best interest of you – our team members and communities. Branch Operating Hours and Potential Branch Closures. Together, we can make a difference in keeping our communities healthy. Immediate branch closure.

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Guidelines New Jersey Community Florida 92

Independent Banker

JANUARY 31, 2022

Here’s how four community banks are thriving in this environment. Clearly, community banks in the region have plenty of opportunities to do what they do best: forge deep and lasting relationships with their customers and communities. These include family-owned businesses, community businesses and operating companies.

Texas 182

Texas San Antonio Community Bank Community 182

Abrigo

OCTOBER 26, 2020

It is often a thankless job that operates behind the scenes and under strict regulatory scrutiny. For this reason, I educate the elderly community as well as civic groups on scam activity and elder financial exploitation.” – Jacqueline Wells, The Farmers & Merchants State Bank. “I BSA and AML Day National 2020 Celebration.

Fraud 195

Fraud System US Compliance 195

CFPB Monitor

JULY 15, 2020

When the OCC issued its final Community Reinvestment Act (“CRA”) rule on May 20, 2020, the agency acted alone without waiting to achieve consensus with the FDIC, the agency with which the OCC had jointly issued its proposed rule. At this point, it seems likely that the FRB would defer any such efforts until after the presidential election.

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FDIC Community Bank Community Regulation 78

PYMNTS

OCTOBER 23, 2018

Canada’s mail and parcel operations under Canada Post have been hit by a worker’s strike amid ongoing contract tensions with the Canadian Union of Postal Workers (CUPW). This isn’t the first time Canada Post has endured a strike that threatened the nation’s small business payment operations.

Payments 154

Payments Community Taxes Operations 154

Independent Banker

NOVEMBER 30, 2021

Premium benefits packages, professional development and TLC during the pandemic—this year’s winners do everything in their power to keep their community bankers happy and fulfilled. We asked both leaders and staffers to tell us what makes their community banks stand out as employers. Key Community Bank: Leading by example.

Community Bank 164

Community Bank Community Texas Leadership 164

Gonzobanker

JULY 20, 2022

financial institution executives surveyed for What’s Going On In Banking 2022 , 19% of community banks and 10% of credit unions had not launched a digital transformation strategy prior to this year, and another 15% had no plans to do so. While a digital product manager may have operations or I.T. Among 300 U.S.

Digital Strategies 174

Digital Strategies Strategy Leadership Customer Experience 174

Independent Banker

SEPTEMBER 1, 2016

Independent Banker ® magazine recognizes three community banks who have conducted creative, engaging and impactful social media campaigns. This year’s panel of judges evaluated social media campaigns submitted from several community banks across the country before selecting those that received final recognition. Campaign: Sonic Lunch.

social media 96

social media Community Community Bank Michigan 96

PYMNTS

MARCH 24, 2017

Here is an excerpt of the conversation: PYMNTS: Can you describe your personal and professional experience with the tech community in Chicago? As a company, Occly is closely involved with the Chicago tech community. Given that we’re not working out of an accelerator or incubator, it’s important to attend industry and community events.

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Chicago United States Community Illinois 114

Independent Banker

JULY 29, 2016

The demand for professional development opportunities for community bankers has never been greater. Last year Community Banker University’s eight certification programs provided more than 4,000 community bankers with highly tailored training.

Minneapolis 70

Minneapolis Community Bank Community San Antonio 70

PopularBank

OCTOBER 13, 2020

According to a recent study , the state experiences one of the worst racial wealth gaps in the nation. The Newark 40 Acres and a Mule Fund will bring pride and prosperity to our city as a whole and to our Black and Latinx business community in particular.”. NWK FAM Fund Seeks to Narrow the Wealth Gap in New Jersey.

New Jersey 52

New Jersey Community NJ New York 52

Gonzobanker

DECEMBER 22, 2020

And how did community banks and credit unions respond to the COVID craziness? Our clients showed banking at its best – obsessed with customer well-being, good corporate citizenship, and strong community focus. Jill is continually demonstrating just how loud a $300 million community bank can roar! Bravo Brett and team!

Idaho 181

Idaho Community Industry Strategy 181

PYMNTS

FEBRUARY 12, 2020

The annual event generally brings 100,000 visitors to Barcelona, and its sudden cancellation will reportedly cost the Spanish economy roughly $500 million. At some point, we are likely to see community spread in the U.S. Microsoft, Apple, Amazon and Facebook have advised Chinese operations to cancel all non-essential business travel.

Apple 142

Apple Regional Conference Report 142

PYMNTS

MAY 26, 2016

This week, the nation’s restaurant community came together to explore the ways in which technology can help create new efficiencies in the store and with customers walking in. Finding cost-efficient solutions and convincing arguments as to their importance are paramount for restaurant operators,” Stensson said.

Mobile 132

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Gonzobanker

FEBRUARY 8, 2022

Maybe instead of Acquire or Be Acquired, this conference should be called Evolve or Be Acquired,” observed Eric Sprink, CEO of Coastal Community Bank in Everett, Wash., The grassroots of community and regional banking will no longer be vanilla operations geographically focused. price/book multiple.

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Fintech Customer Experience Conference Technology 167

Abrigo

NOVEMBER 11, 2021

The June 2021 release of the Financial Crimes Enforcement Network ( FinCEN) Priorities makes this clear in naming cybercrime as one of the eight national anti-money laundering and countering the financing of terrorism (AML/CTF) priorities. This may include community financial institutions and credit unions. financial institutions.

Fraud 195

Fraud cryptocurrency System Trends 195

Abrigo

NOVEMBER 11, 2021

The June 2021 release of the Financial Crimes Enforcement Network ( FinCEN) Priorities makes this clear in naming cybercrime as one of the eight national anti-money laundering and countering the financing of terrorism (AML/CTF) priorities. This may include community financial institutions and credit unions. financial institutions.

Fraud 195

Fraud cryptocurrency System Trends 195

Independent Banker

SEPTEMBER 30, 2021

But for most community banks, building a trustworthy brand isn’t a conscious effort. So first, we’ll look at how two community banks have become trusted pillars of the community through charity work and good old?fashioned billion-asset community bank. Build your community. It’s in their DNA.

Community 139

Community Community Bank social media Security 139

Jeff For Banks

DECEMBER 15, 2013

On the surface, this looks good for a branch that might cost $600 thousand per year in operating expenses. What about paying for that army of operations, IT, compliance, finance, and executives back there at home office? have locally run social media accounts that focus communication with people in very small geographies.

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How To Community New Jersey social media 89