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How to Practice Loan Pricing Discipline

South State Correspondent

Community bankers need to practice realistic loan pricing discipline. However, we need to understand the meaning of pricing discipline and its effect on community bank performance. This is strong evidence that community banks are pricing to an arbitrary minimum credit spread in this set of loans.

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How to use Microsoft Teams Breakout Rooms (Part 1 of 2)

Perficient

This has been a long-awaited ask from the tech community and has been in the works for quite some time! In today’s blog, we’ll discuss what a breakout room is used for, how to create one, how to assign people to a specific breakout room, and how to start/open and close your Breakout Rooms.

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3 Ways Financial Institutions Can Step Up for Underserved Communities

Perficient

The financial services industry must consider its customer experience game while also grappling with a sense of distrust from many communities due to systematic barriers, maintaining utmost accessibility due to the essentiality of the business, and the lack of financial literacy across the country. Trust and Transparency. .

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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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Quick Guide to Digital Lending for Regional & Community Banks

It’s an opportunity that other small and regional banks can learn from, and this guide is the playbook for how to do it. Find out how to balance the all-important relationship your bank has created with customers against the need to increase speed, efficiency, and bottom-line results.

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How To Ensure Community Banks Aren’t Left Behind In The Digitization Revolution

PYMNTS

But for financial institutions (FIs), some of which have been around for decades, understanding how to take the first steps in the digitization process can be an overwhelming task. That’s even more true for community banks, which lack the resources larger FIs have to support modernization initiatives and technology investment efforts.

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How to Set Your Strategic Planning Time Horizon

South State Correspondent

For example, at present, return on equity performance is about 12% for the average community bank. The process is everything, so figuring out how you are going to decide on strategy, customers, deposits, etc. The post How to Set Your Strategic Planning Time Horizon appeared first on SouthState Correspondent Division.

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How to Evaluate Business Lending Software for Your Bank

This eBook explains the features of a Business Lending Platform that community banks should make their top priorities when evaluating any business lending software. What should you look for in a Business Lending Platform?

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The Threat That Could End Community Banking & What To Do About It

Community banks are at risk of losing their core business to the companies innovating in the paytech and lendtech spaces. On the surface, things are going well for community and regional banks and credit unions. Read this eBook to understand how to counteract the key threats to community banks coming from the tech industry.

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How to Attract Multiple Generations to Open New Accounts and Apply for Loans

Understanding these attitudes and using them to inform marketing messages enables community banks, regional banks and credit unions to better serve their customers. What makes the group different in how they receive information? Download and start exploring more about how to attract multiple generations today!

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Marketing-Led Post-COVID-19 Growth Strategies

Businesses are laying off workers, shutting their doors (some permanently), and struggling to react to the radical destruction that coronavirus (COVID-19) is doing to our society and communities. Getting consensus on how to define “qualified leads”. Strategically aligning your systems and teams.

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Connect, Care, Convert: Secrets to Establishing Trust with Niche Markets and Turning Them Into Clients

Speaker: Lynnette Khalfani-Cox, The Money Coach®

From college students and women to communities of color and low-to-moderate-income households, niche populations have specialized financial needs – but they often underutilize many valuable financial products and services. How can you better connect with these consumers?