South State Correspondent

MAY 20, 2024

In last week’s article ( here ), we discussed why category and geographic diversification may be unfeasible for many community banks. We concluded that after a community bank sets limits on loan categories, the added benefit of geographic or loan category diversification is nullified.

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Community Bank Community Strategy Examples 195

Independent Banker

APRIL 30, 2022

Independent Banker’s annual listing top-performing community banks of 2021 alongside interviews with some of the winners. In true community bank fashion, each has its own story to tell and its own path to success. In true community bank fashion, each has its own story to tell and its own path to success. Philadelphia.

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Community Bank Community Montana Taxes 172

South State Correspondent

OCTOBER 4, 2022

In this article, we would like to share best practices of how lenders advise borrowers on planning for the future path of interest rates and how borrowers should structure their balance sheets to better manage future cash flows. As community bankers, we are foremost trusted advisors to our customers. Conclusion.

How To 195

How To Marketing Examples Community 195

Perficient

JANUARY 28, 2021

As we mostly are working remotely these days, securing your space when you’re not in the safeguards of the office walls are critical. Perficient places a high value on data security and has several processes and tools in place to protect colleague and client information, but what about the everyday person? Use Antivirus Software.

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Data Security Software Community 535

Independent Banker

FEBRUARY 28, 2022

These community bankers share how they collect positive reviews, and how to respond to negative ones. Your digital footprint outside of your own properties is increasingly how decisions are made,” says Rob Birgfeld, executive vice president and chief marketing officer for ICBA. Quick Stat. Source: Bright Local.

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How To Community Bank Community Google 127

South State Correspondent

MARCH 26, 2024

Other banks attempt to provide relationship banking but fail because they may not understand what is involved and how to differentiate from competitors effectively. Community banks must be honest about their target relationship account. Some banks state that they are relationship driven but inadvertently deliver risk-for-pay products.

Community Bank 195

Community Bank Community Security Resources 195

Perficient

JANUARY 9, 2021

In today’s blog, we’ll cover some of the biggest updates around meetings, calling, management, and even security and compliance released in late December/early January! . Yammer communities and conversations in Teams. If you’re unfamiliar with the Communities app, you can learn more about it here.

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Video Meeting Community Compliance 532

Abrigo

MARCH 31, 2020

Key Takeaways The Small Business Administration (SBA) and Treasury Department released information on how lenders can become eligible to originate Paycheck Protection Program loans under the Coronavirus Aid, Relief, and Economic Security (CARES) Act. How to Become an SBA Lender for the CARES Act’s Paycheck Protection Program.

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How To Lending Illinois System 195

PYMNTS

FEBRUARY 3, 2020

In short, as former Google CEO Larry Page noted, after Alphabet-owned Sidewalk Labs finally inked an agreement with Toronto for a smart city pilot program — the city of tomorrow will change how consumers live in ways predictable from today and not. A city that caters to the people as a service function.”. That’s not good.”. Indeed it is not.

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Security Baltimore Atlanta Portland 237

PYMNTS

MAY 31, 2019

Families with multiple kids in such programs may need to spend $6,000 to $8,000 all at once, explained Rebecca Nystrom Brito, member development specialist at Community First Credit Union. Community First has been offering youth agriculture loans of $100 to $2,500 at 0 percent interest for five years. Technology Tools .

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Community Lending social media Cards 115

Perficient

SEPTEMBER 11, 2023

Already reviewed by Perficient, BES provides a secure and efficient portal to exchange documents, information, and communications for consumer compliance and Community Reinvestment Act (CRA) examinations. Bank executives and supporting third parties will be authenticated using a secure two-factor authentication process.

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Compliance FDIC Tools Leadership 221

Abrigo

FEBRUARY 8, 2024

Takeaway 2 Client fraud education at financial institutions should include takeaways that explain how to protect themselves from phishing and tips for staying secure online. While fraud detection software and robust security measures are essential, educating clients on fraud prevention is equally important.

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Fraud Resources social media Software 195

PYMNTS

JANUARY 22, 2019

Years later, memories of cramming can make us cringe or induce a nostalgic celebratory attitude: “Hey, I actually managed to do it! Maybe one day, quick-service restaurant ( QSR ) operators will look back upon 2019 as their cramming experience when it comes to digital security and fraud prevention. Heck, yeah!”.

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How To Fraud Online Mobile 144

Perficient

FEBRUARY 10, 2021

While the Centers for Disease Control and Prevention(CDC ) recommends healthcare consumers over 65 get vaccinated, few communications have targeted these groups or provided understanding and navigation to how to access the vaccine in their community. How are you reaching them?

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New York City social media Community System 484

Abrigo

APRIL 22, 2024

Small business lending is also a prominent line of business for many financial institutions, especially those driven by a mission to help their communities thrive. While small business loans inherently benefit business owners, they also benefit communities, according to 2021 research for the SBA. Louis Fed : [S]mall-business loans—i.e.,

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Lending St. Louis Community Marketing 243

PYMNTS

JUNE 25, 2018

Google announced last week it is overhauling its privacy and security settings service — dubbed Google Account — to make it more secure and easier to use. Several years ago, we brought our privacy and security settings together in one place to make it easier for you to choose the options that are right for you.

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Google Security Data Community 108

Abrigo

MAY 8, 2024

WATCH Takeaway 1 Understanding generative AI and how peers are using AI and genAI helps financial institution leaders and management vet the technology and related risks. Knowing how AI and genAI are being used by peers and fraudsters will help financial institution leaders and management vet potential solutions and watch for risks.

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Examples Fraud Resources Risk Management 221

South State Correspondent

JANUARY 30, 2023

Rising funding costs and decreasing liquidity at community banks are causing managers to change pricing methodology for new credits. We estimate that 25% to 50% of community banks have a policy requiring minimum yield or credit spreads for new commercial loans. The drop in liquidity ratios is expected to accelerate through 2023.

Community Bank 195

Community Bank Community Strategy Management 195

PYMNTS

MARCH 18, 2019

While some larger financial institutions (FIs) have joined the platform, regional community banks and CUs account for 85 percent of Zelle’s participants. Amy Hsu, vice president of product and research, recently spoke with PYMNTS about how the CU makes its members’ Zelle transfers both seamless and secure. A P2P Balancing Act.

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Security Fraud User Experience California 148

PYMNTS

DECEMBER 18, 2020

“At the start of the pandemic, many organizations deployed simple COVID-19 screenings, such as self-reported health surveys, to support re-entry to workplaces and other institutions,” Paul Roma , general manager of IBM Watson Health, said in a press release on Friday (Dec.

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Survey Security Fraud Community 288

PYMNTS

MARCH 9, 2020

According to the Cambridge English Dictionary , a bank is an institution in which people and businesses can securely store and access their money and borrow it as needed. Ninety-two percent of consumers count their primary bank as either a national bank, regional/community bank or credit union. Let’s get back to basics. percent and 37.8

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How To Millennials ATM Fintech 232

South State Correspondent

MARCH 7, 2024

While it is tempting to sign the contract for Copilot at a starting cost of $30 per person and distribute the technology bank wide, bank management should understand the greater context of the strategy and investment. Is there proper AI governance in place to manage the new risks? What is CoPilot for Banks?

Training 195

Training Data Tools Technology 195

PYMNTS

JANUARY 22, 2019

Years later, memories of cramming can make us cringe or induce a nostalgic celebratory attitude: “Hey, I actually managed to do it! Maybe one day, quick-service restaurant ( QSR ) operators will look back upon 2019 as their cramming experience when it comes to digital security and fraud prevention. Heck, yeah!”.

How To 108

How To Fraud Mobile Online 108

Abrigo

MAY 5, 2022

Thankfully for bank and credit union executives, lenders, risk managers, and Bank Secrecy Act (BSA) Officers, banking podcasts and podcasts for credit unions are plentiful, and options are growing. Other podcasts might be internationally based and of little interest to community financial institutions or credit unions based in the U.S.

Community 195

Community Lending Maine Resources 195

Independent Banker

OCTOBER 31, 2022

By Jim Reber, ICBA Securities. This isn’t any idle talk among Fed watchers and other pundits this time around, nor is it peripheral to the management of financial institutions, including community banks. This presents dilemmas, and opportunities, for bond portfolio managers. Quick Stat. Source: Reuters.

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Community Bank Community Taxes Management 113

South State Correspondent

MARCH 21, 2023

The need for a known, reliable brand creates an excellent opportunity for community banks to help small business customers while building deposit balances. Community banks can now white label this same product to onboard and process employee retention tax credits for the bank’s small business customers AND prospects.

Taxes 195

Taxes Community Bank Community Operations 195

Independent Banker

JULY 31, 2022

Fallout from recent global events presents an obstacle to generating revenue for community banks. How can they counteract these effects and maximize financial efficiency? Before 2022, says Thomas Grottke, managing director at Crowe LLP, “a lot of factors were going right. By Elizabeth Judd. Rightsize mortgage departments.

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Strategy Community Bank Louisville Community 135

South State Correspondent

MARCH 15, 2023

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. Now, customers and analysts will pay more attention to Loans + Securities-to deposit ratio. It turns out that confidence is more valuable than capital.

social media 195

social media FDIC Branding Management 195

PYMNTS

JUNE 1, 2016

Atlanta-based Ionic Security has just bagged $45 million in VC funding in a round that included Amazon, Goldman Sachs and Hayman Captial as new investors and existing investors GV, Icon Ventures, Kleiner Perkins Caufield & Byers, Meritech Capital Partners and Tech Operators. And the growth is just starting, according to the CEO.

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Security Atlanta Software Data 100

Independent Banker

MARCH 31, 2022

We asked community banks how they’re dealing with the resulting shifts in their employment models. Before remote work was an emergency measure to keep employees safe from a devastating virus, it was a perk some community banks offered to retain and attract talent. has begun surveying its managers to determine that path forward.

Missouri 142

Missouri Community Bank Community Management 142

Abrigo

MARCH 13, 2023

Stress testing & deposit strategies in the spotlight The failure of Silicon Valley Bank offers other financial institutions the chance to reassess their approaches to and management of interest rate risk, liquidity risk, and credit risk. How are you designing stress tests for liquidity ? Do you get that from your deposit analysis

Strategy 195

Strategy Lending Security Analysis 195

PYMNTS

JUNE 3, 2016

Check out who secured venture capital in our breakdown below. Enterprise Security. Ionic Security. It may have begun as a way for individuals to take control of the data they share on social media sites, but Ionic Security has begun to shift its focus to securing the data of enterprises and their employees.

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Security Data Analytics Capital 100

Independent Banker

FEBRUARY 28, 2022

Kathy Strasser of IncredibleBank is evaluating marketing campaign management platforms. We asked several banking leaders how they’ve employed fintech to ramp up their marketing campaigns, hone their analytic strategies and gain new patrons in the process. Fintechs know how to reach and work with the community.

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Fintech Marketing Community Bank Community 136

Independent Banker

FEBRUARY 24, 2015

During my 20-plus years of dealing with community bankers, either as an investment strategist, sales rep or business-development manager, I have come to understand that certain buzz words fall on deaf ears. With the typical community bank investment, each of these variables should be easily attainable. Total Return. They are 1.)

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Management Community Bank Community Comparison 70

Independent Banker

OCTOBER 1, 2022

AmTrust recently worked with one community bank client that was the target of a ransomware attack that shut down its branches for two weeks. They are looking for vulnerabilities that they know how to exploit.”. One of the biggest benefits of a cyber policy, especially for a smaller community bank, is access to experts,” says Gentile.

Montana 152

Montana Policies Resources FDIC 152

PYMNTS

APRIL 23, 2020

The “Planning with Confidence in the COVID-19 Era” report is based on input from institutions, global student communities and industry affiliations with insights to help contend with the economic obstacles that COVID-19 presents. The report also found that policies that are clearly defined will fuel enrollment.

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Guidelines Policies Community Study 130

Abrigo

SEPTEMBER 5, 2023

When and how to cite credit exceptions A policy on credit exceptions can address many factors that can lead financial institutions to diverge from loan policy and miss signs of potential trouble. Takeaway 3 A credit exception policy should spell out what one is, when it can be used, and how to clear it. It just stays on forever.

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Policies Lending Risk Management Examples 195