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Community Bank Outlook: Challenges and Opportunities in 2021 and Beyond

Abrigo

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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Small banks: Big challenges and big opportunities

Abrigo

Relationship focus helps CFIs Small banks can leapfrog competitors and better serve their communities by combining their unique advantages with smart management and partnerships. Declining deposits, higher cost of funds, and ever-increasing competition are just a few challenges these executives are managing.

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Onward Financial’s Employer-Backed Payday Loan Alternative

PYMNTS

The firm offers a lending product that makes employers their employees’ partners in financial wellness , with a program that helps workers start a savings plan, learn about managing personal finance and – if needed – secure a low interest rate loan to fill in income gaps. In other words, a payday loan from the source of the paycheck.

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The top-performing community banks of 2021

Independent Banker

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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Hospital ERPs Find Promise In The Cloud

PYMNTS

The latest research from KLAS in its “ ERP 2019: Performance in the Cloud ” report found that decision-makers at healthcare providers, including directors and managers, agree that migrating ERPs to the cloud yields convenience, system reliability, enhanced security and broader efficiencies.

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Banking's Total Return Top 5: 2014 Edition

Jeff For Banks

They are built as a relationship bank serving the Korean community in LA and surrounding areas. through its subsidiary BNC National Bank, offers community banking and wealth management services in Arizona, Minnesota, and North Dakota from 14 locations. Please do not claim to invest in any security based on what you read here.

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Blooom Wins Grant from LaunchKC

Fintech Labs Insights

In addition to a cash award of $50,000, Blooom will get 12 months of free office space downtown in Kansas City, and the opportunity to work with both a specific mentor team as well as local industry leaders and entrepreneurs from the area. Nodal Security. In fintech, some blossoms make their biggest blooms in the fall. PopBookings.