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Efficiency now: 8 smart strategy tips

Independent Banker

Fallout from recent global events presents an obstacle to generating revenue for community banks. Since COVID-19, profitability planning for community banks has mainly hinged on how the government was coping with the pandemic and the key role financial institutions played in keeping the economy afloat. By Elizabeth Judd. Quick Stat.

Strategy 135
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The Current Banking Crisis – 10 Not So Apparent Lessons

South State Correspondent

While we wrote about the root cause of the failure of Silicon Valley Bank (SVB) HERE , the lessons of the current banking crisis go beyond interest rate risk management. 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.

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Rebeca Romero Rainey: Prepare your cyber defenses

Independent Banker

Cyber and data security have long been areas of emphasis for community banks, but in today’s escalating digital environment, that focus has grown. In fact, our 2022 CEO Outlook Survey ranked data security as a top concern, and as the digital sphere continues to evolve, all signs point to that level of concentration increasing.

Exercises 126
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Community Banking According to Andy

Jeff For Banks

In June 2021, we were up to six locations, $327.6 In 2021, we are up to over $70 million, mostly investment properties. He exemplifies the best of next generation bank leadership, with eyes wide open to the next iteration of banking in our rapidly changing environment. It was so awesome I asked if I can reprint here. million in loans.

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10 Data-Driven Ideas To Increase Branch Engagement

South State Correspondent

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. This fact, however, is rapidly changing.

Data 195
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AML/CFT hot topics: What to expect in 2023

Abrigo

Beneficial ownership registry The AMLA was signed into effect in January 2021, paving the way for the first major BSA reform since the PATRIOT Act and encouraging a culture of compliance. You might also like this upcoming webinar, "BSA officer’s mindset: A comprehensive look at your AML/CFT program."

Fraud 195
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Bright Paths Students Demonstrate New Skills with Incredible Variety of Apps

Perficient

Perficient Bright Paths is a program designed to advance STEM education and career opportunities for underrepresented constituencies and communities. Learn More About Perficient’s Bright Paths. Bright Paths Students Set the Stage for Group Support and Empowerment. Perficient Proudly Presents the Bright Paths Student Demos.

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