South State Correspondent

MARCH 30, 2023

While desiring to bank everyone in your community is noble, it can be a poor use of resources. Not to say you want to ignore parts of your community, but why not focus more of your resources on those industries that will make your bank more profitable? The same is valid for deposits.

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Industry Resources Community Case Study 195

Perficient

OCTOBER 7, 2022

The Insurance Information Institute, an industry-funded research group, estimates that Ian has caused at least $30 billion in damage. Here are some ways insurance companies can step up for everyone in their communities (those they serve and the uninsured) in the wake of natural disasters. Community outreach.

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Community South Carolina America Groups 275

Independent Banker

MAY 31, 2022

Community continuation is not about checking a regulatory box; it means putting a name to the people who will be the future of our banks. In our bank, we have retired the phrase “succession planning” and replaced it with “community continuation.” A checklist for effective community continuation. Photo by Chris Williams.

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Community Community Bank Leadership US 252

Independent Banker

JANUARY 31, 2023

Inspired by the entrepreneurship of lemonade stands, Scottsdale Community Bank created a microloan program. Photo by Brandon Sullivan De novo Scottsdale Community Bank set out to provide microloans to small and mid-size businesses, family organizations and nonprofits—a project that was inspired by the humble lemonade stand.

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Community Bank Community Phoenix Arizona 172

Independent Banker

FEBRUARY 28, 2023

wanted to be a financier before finding his way to community banking. Photo by Harold Daniels Derek Williams, president and CEO of Century Bank & Trust in Georgia, is bringing his passion for community banking to his term as ICBA chairman for 2023/24. But, unlike many in the industry, this profession wasn’t in his blood.

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Community Community Bank Georgia San Antonio 172

Abrigo

DECEMBER 2, 2014

To provide a report card on industry status and performance, the FDIC publishes a Quarterly Banking Profile. Results from the third quarter were just released, and while overall results were positive, community banks in particular excelled. They performed better than a year ago and also outperformed the industry as a whole.

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Community Bank FDIC Community Industry 207

Jeff For Banks

JANUARY 26, 2023

I recently spoke to a community group, and subsequently a community bank all-staff meeting regarding the definition of a community bank. The FDIC has defined community banks in their December 2020 Community Banking Report that either exclude or include the following criteria: Seems complicated.

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Community Bank Community FDIC Risk Management 147

PYMNTS

JULY 7, 2020

For more community banks, the latter strategy can fast-track digitization initiatives. This week’s look at the latest bank-FinTech tie-ups shows Banking-as-a-Service and other FinTech players embracing smaller regional and community banks to elevate small- to medium-sized business (SMBs) and corporate banking offerings.

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Community Bank Community Fintech Regional 242

American Banker

JULY 18, 2023

The top five community banks have more than $1.8 billion in combined commercial and industrial loans as of March 31, 2023.

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Community Bank Community Industry 69

Independent Banker

MARCH 31, 2022

As community bankers, our customers depend on us to keep their dreams alive. Thankfully, that glass-half-full attitude comes naturally for community bankers. As community bankers, our customers depend on us to keep their dreams alive. We take these actions because we are community continuators. We’re more than just banks.

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Perficient

NOVEMBER 21, 2023

In the increasingly competitive insurance landscape, organizations must strategically leverage digital transformation, and Brian excels at navigating this evolution to deliver maximum client value across all industries. Brian believes insurance serves a noble purpose and is a great source of pride. Click to view slideshow.

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Industry Conference Meeting Maine 221

Abrigo

AUGUST 6, 2021

How can community financial institutions thrive in 2021? Community banks provide unique and important banking services for their customers, but they also face significant obstacles. Takeaway 1 Community banks play an important role in the economy and their communities, but they face significant obstacles.

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Community Bank Community Kansas City Lending 195

Independent Banker

NOVEMBER 30, 2022

Community Financial Services Bank, Benton, Ky.; In our annual workplace survey, employees of ICBA’s best community banks to work for told us they benefit from engaging cultures, opportunities for advancement and innovative benefits. By that, he means “excellent, industry-leading, among the very elite or best in class.”

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Community Bank Community Montana Leadership 169

Abrigo

FEBRUARY 13, 2020

Key Takeaways To better serve their community, as well as stay competitive in this fast-moving environment, savvy CFIs are carefully blending digital innovations with their hallmark relationship banking practices. CFIs reinvest in their communities, supporting local businesses and helping community members make financial decisions.

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Community Lending Management Innovation 273

South State Correspondent

MAY 15, 2024

We believe that while lending diversification leads banks to lend more in normal times (especially for banks over $50B in assets) and does benefit the general economy, community banks should be careful in how and where they choose to diversify. Community banks are already diversified within their geography and loan categories.

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Community Bank Community Lending Study 195

South State Correspondent

MAY 15, 2024

We believe that while lending diversification leads banks to lend more in normal times (especially for banks over $50B in assets) and does benefit the general economy, community banks should be careful in how and where they choose to diversify. Community banks are already diversified within their geography and loan categories.

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Community Bank Community Lending Study 195

Abrigo

FEBRUARY 12, 2021

Preparing for 2023 While community banks have until 2023 until they must comply with CECL, there is likely less time than expected. . While community banks have until 2023 until they must comply with CECL, there is likely less time than expected. Just because a community bank has a lot of data doesn’t mean that it’s quality data.

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Community Bank Community Data Analysis 195

South State Correspondent

NOVEMBER 3, 2014

The latest industry data was released over the weekend and a complete presentation is attached at the bottom of this blog post. Third quarter bank industry data shows return on equity performance was down at 8.1% for the industry and 8.2% for community banks below $25B in total assets.

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Community Bank Community Industry Data 223

PYMNTS

MAY 6, 2020

The Federal Reserve has formed a FedNow Community group for its upcoming instant payment offering, the FedNow Service , and needs volunteers to support it, the Fed announced Wednesday (May 6). The Fed acknowledged the challenges brought on by the coronavirus but noted the FedNow Service is still scheduled to be unveiled in 2023 or 2024.

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Community Payments Boston Groups 234

Independent Banker

DECEMBER 31, 2021

Let’s rediscover what it means to be community bankers. Because as community bankers, it’s what we do. That just may be community bankers’ word of the year. ICBA helps community banks in many ways, but here are the three I plan to take advantage of this year: ThinkTECH Accelerator cohorts. Photo by Heather Esposito.

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Community Exercises Community Bank US 171

Abrigo

JULY 16, 2021

Takeaway 2 Regulations haven't been written, but there are steps community financial institutions can take now to prepare. Currently, the accompanying regulations have not been written, so what should community financial institutions take away from these priorities now? financial system. Stay tuned for Part II: Counterterrorism.

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Community Regulation Training Policies 195

Independent Banker

JANUARY 31, 2022

With consumer expectations seeming to evolve faster every year, community banks could consider partnering with a fintech to keep up with technological innovation. Swashbuckling, nimble, well-funded and unapologetically entrepreneurial, fintechs are offering innovations that allow community bankers to dream big in a host of ways.

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Community Bank Community Fintech Risk Management 159

Independent Banker

FEBRUARY 28, 2023

As community banks navigate this process, there are plenty of resources available to answer questions and provide guidance. The decision to build the FedNow Service was the result of a multiyear initiative of collaborating with the industry to explore ways to modernize the U.S. payment system.” payment system.

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Resources Community Bank Community Texas 115

PYMNTS

MARCH 12, 2019

Innovation has always been important for community banks, but the driving force of digitization over the last decade has greatly sped up the pace, said Kevin Tweddle, chief innovation officer for the Independent Community Bankers of America ( ICBA ). Community banking is no exception. Innovating for Community Banks.

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Community Bank Community Innovation Fintech 205

Independent Banker

FEBRUARY 1, 2022

The banking industry remains in flux. This year, an overwhelming amount of industry and media attention has been focused on sky-high neobank valuations, big tech’s continued foray into banking, and emerging finance trends, like buy-now-pay-later and the growing cryptocurrency market. financial system.

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Community Bank Community Trends Industry 103

ABA Community Banking

JULY 5, 2022

For those who can, they say it brings a unique perspective on leadership to the industry. The post The Path Less Taken to the Community Bank C-Suite appeared first on ABA Banking Journal. Not many bank CEOs can say their first bank job was.

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Community Bank Community Leadership Industry 122

Independent Banker

AUGUST 31, 2021

Here’s what community bankers need to know when planning their budgets for the next year. These days, there’s a lot to contend with as a community bank, from changing consumer behaviors due to the pandemic to uncertainty surrounding the economy and inflation. By Cheryl Winokur Munk. Quick stat. Source: 2021 Provident Bank survey.

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Community Bank Community Lending Leadership 170

Independent Banker

AUGUST 31, 2022

The pandemic forced industries to accelerate their adoption of digital applications, and community banking was no exception. And as banking processes increasingly moved online, community bankers needed to fortify their online defenses against fraud and cybercrime. Held in Bloomington, Minn., Tiffany Lukk.

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Community Security Community Bank Fraud 91

PYMNTS

JULY 15, 2020

The National Restaurant Association has issued a Blueprint for Restaurant Revival to help stabilize and stimulate the industry, including funding for restaurants and at-risk communities in need of help, according to a press release.

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Industry Taxes National Community 170

PYMNTS

JANUARY 27, 2021

The National Restaurant Association , the country’s (and world’s) foodservice trade association, released its annual State of the Restaurant Industry report on Tuesday (Jan. The report looks at sales expectations for the coming year, operational changes in the industry, consumer behavior, menu trends, employment statistics and more.

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Industry Report Technology National 264

Independent Banker

MAY 31, 2022

Fraud and cyber attacks are on the rise, and at great expense to the industry. Community banks have a choice about addressing the problem: Remain vulnerable or be vigilant. Fraud and cybercrimes continue to increase, causing challenges for community banks. But there’s plenty community banks can do to meet this challenge.

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Community Bank Community Fraud Texas 134

Independent Banker

NOVEMBER 21, 2021

As the first mutual bank to open in decades, Walden Mutual Bank is gearing up to support New England’s farmers, food service industry and sustainable food community. submitted its application to the FDIC at the end of August with the intent to serve New England’s local and sustainable food community with a bank owned by its depositors.

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Community New Hampshire New York Millennials 170

PYMNTS

DECEMBER 8, 2020

The letter included findings from a new National Restaurant Association Research Group survey that revealed a steep industry decline that will only get worse if a relief package isn’t passed soon. Most of the locations that shuttered for good were long-established community restaurants, open for 16 years.

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Industry National Survey Operations 226

PYMNTS

JANUARY 6, 2020

Community banks are pushing for a stronger role with their small business (SMB) customers. However, through an embrace of FinTech collaboration and industry consolidation, community banks appear poised to further dispel assumptions of a lack of digitization. A Consolidating Industry. Strengthening SMB Ties.

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Community Bank Community Payments Fintech 123

American Banker

AUGUST 31, 2023

In the aftermath of last year's racially motivated mass shooting in a predominantly Black community in Buffalo, New York, American Banker reporter Allissa Kline explores what responsibility banks have to help segregated, impoverished communities that were shaped in part by past discriminatory lending practices.

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Community New York Industry Lending 67

Independent Banker

DECEMBER 31, 2021

Independent Banker ’s annual Community Bank CEO Outlook survey reveals how community bank leaders plan to leverage today’s deposit-laden banking environment to grow this year. Janet Silveria, Community Bank of Santa Maria. So, what’s at the top of community bank leaders’ to-do lists? What changes will 2022 bring?

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Community Bank Community Lending Louisiana 144