Gonzobanker

FEBRUARY 8, 2023

Community Banks as Venture Capitalists In fact, not all providers of venture capital are venture capitalists. According to Cornerstone Advisors’ What’s Going On in Banking 2023 study, there are about 500 community banks and credit unions making direct investments into fintech startups. And not just the large megabanks.

Community Bank 99

Community Bank Community Fintech Leadership 99

Abrigo

FEBRUARY 23, 2022

Making small business loans efficient and worthwhile Digitalizing the lending process can help financial institutions win small business loans and meet customers' needs. You might also like this webinar on small business lending best practices. Top problems in small business lending. Roadblocks to Success.

How To 195

How To Lending Software Survey 195

PopularBank

DECEMBER 7, 2022

Building inspections are required for community buildings in all 67 counties in Florida that are three or more stories in height. Structural integrity reserve study. Associations are required to complete a structural integrity reserve study every 10 years for each building in an association that is three stories or higher.

Community 52

Community Florida Study ATM 52

Abrigo

JANUARY 13, 2020

Cross-selling to stem “hidden defections” represents huge untapped opportunities for institutions, according to a study by Bain. In 2020, a top focus for community financial institutions is new customer acquisition, according to the BAI Banking Outlook: Trends in 2020 survey. For example, the study found that in the U.S.,

Lending 150

Lending Study Survey Community 150

South State Correspondent

JANUARY 16, 2024

Barings Bank, Orange County (CA), Enron, Long-Term Capital Management, and other entities misused derivatives or didn’t understand the difference between hedging and speculating. We published various articles comparing community bank alternatives to LIBOR (such as SOFR, Ameribor, Fed Funds, and Prime). No ISDA documents.

Community Bank 195

Community Bank Community Compliance CA 195

PYMNTS

FEBRUARY 15, 2018

For community banks serving small- to mid-sized businesses (SMBs), training an eye on credit cards can translate into additional revenue streams and tap into an unmet need for those SMBs. Kearney found 26 percent of small business cardholders have community banking relationships in place. There’s a lot of runway here.

Community Bank 118

Community Bank Community Cards United States 118

South State Correspondent

FEBRUARY 12, 2023

The average community bank’s cost of funding is highly correlated to Fed Funds and SOFR (for the industry, the correlation has been 94% with a six-month lag over the last 20 years). We want to highlight this option with a case study.

Community Bank 195

Community Bank Community Case Study Strategy 195

South State Correspondent

JANUARY 2, 2024

How should lenders discuss interest rates in 2024, and what advice should relationship managers provide their clients about banking products? Louis studied the predictive prowess of economists. Bankers must be able to present the current (spot) and forward interest rate lending curve to clients.

How To 195

How To St. Louis Lending Marketing 195

Abrigo

DECEMBER 2, 2021

Indeed, deposit levels to transaction accounts among community banks exploded 74% to $896.5 31, 2019, and June 3, 2021, according to the Community Banking in the 21st Century report. You can also incorporate the results into the asset/liability management model and develop stress testing scenarios down the road. Asset/Liability.

Conference 195

Conference San Antonio Lending Fraud 195

Abrigo

DECEMBER 17, 2021

Takeaway 3 Many FIs will price-compare vendors, but neglect to consider potential hidden costs , especially when managing multiple vendors. The foundation of a solid culture of innovation should begin with the financial institution’s senior management. Having a cohesive vision from the top down is critical to a culture of innovation.

Fintech 195

Fintech How To Innovation System 195

South State Correspondent

APRIL 18, 2023

Top-performing community banks deploy relationship banking. Many community banks state that they embrace and promote relationship banking, but the model is not easy to deliver effectively, and its implementation is not as intuitive as some bankers may believe. This methodology needs to be trained, practiced, and managed.

Strategy 195

Strategy Regional Industry Community Bank 195

Perficient

OCTOBER 7, 2020

In this series, hear from two of Perficient’s healthcare thought leaders – Chief Strategist and General Manager of Healthcare, Juliet Silver , and General Manager of Digital Health Solutions, Paul Griffiths – as they discuss healthcare’s future. Our conversation will come to you via a series of four weekly blogs.

Cleveland 309

Cleveland social media System Tools 309

Independent Banker

DECEMBER 13, 2015

New Military Lending Act regulations kick in next fall. Following a three-year study on predatory lending, the U.S. Department of Defense has now issued the final rule to implement the Military Lending Act. Its review should include third-party management and risk-assessment practices for any changes required.

Lending 70

Lending Compliance Regulation Virginia 70

PYMNTS

MAY 22, 2020

The data painted a dark picture for Main Street retail this week, with a new Facebook & Small Business Roundtable study showing that over 30 percent of small to medium-sized businesses have either failed or don’t see a way forward due to the pandemic.

Maine 138

Maine Philadelphia Community Groups 138

Independent Banker

DECEMBER 31, 2021

Here’s what community banks need to know about these products and how they can take advantage of this model. Emerging as the latest form of point-of-sale (POS) lending, BNPL introduces new ways for consumers to make purchases and spread out their payments. BNPL: The community bank play. By Colleen Morrison. It’s an evolution.

How To 91

How To Community Bank Community Lending 91

PopularBank

APRIL 3, 2024

A study from the University of Chicago found the number of retirees within that segment will nearly double in the next 10 years. Review fees and fee structures to determine the optimal pricing model for the community. Enhance amenities. Rebrand services and common areas to get the most out of your renovations.

Community 52

Community Operations Arizona United States 52

Abrigo

AUGUST 3, 2015

The ABA’s 2015 Survey of Bank Compliance Officers , conducted February through March 2015, had participation from more than 450 financial institutions, with almost 80 percent being community banks. ABA president and CEO, Frank Keating, commented that Dodd-Frank has impacted banks, their customers and the communities they serve.

Compliance 150

Compliance Community Bank Community Survey 150

PopularBank

APRIL 19, 2021

Professional managers and directors with fiduciary responsibilities face an era of serious decision making to maintain property values. Many community associations have adequate reserves based on their reserve studies. Special assessments” are two words that create controversy for community association directors and managers.

Community 98

Community Meeting Lending Management 98

South State Correspondent

SEPTEMBER 20, 2022

It was agreed that too many lines of business, such as treasury management, commercial lending, and commercial deposits, are not utilizing their marketing departments enough, given the tremendous value of their products. The top part of this range seems to be around 10.5%. Bank Marketing Lesson 9: Goal Setting – A Common Theme.

Conference 195

Conference Marketing social media Data 195

Independent Banker

AUGUST 25, 2016

More than ever, community banks are exploring new ideas and unconventional approaches to achieving greater profitability. This month Independent Banker focuses on information and trends, processes and strategies, and case studies. on profitability in community banking. on profitability in community banking. Rolling Along.

Missouri 70

Missouri Connecticut Minnesota Arizona 70

PYMNTS

SEPTEMBER 13, 2017

New payment and financial technologies are quickly emerging from the FinTech community, all with the promise of expediting payments and reducing the distance between cross-border trading partners. Traditional banks are seeing new FinTech players become more competitive on several fronts, including lending.

Strategy 190

Strategy Report Lending Fintech 190

PYMNTS

JULY 12, 2018

Cuomo on June 1, 2017, required DFS to study online lending in New York State and submit a report of its findings. Access to credit is essential to the well-being of consumers, the lifeblood of small businesses and a driver of economic growth, job creation and prosperity of our communities in New York,” said Superintendent Vullo.

Online 100

Online New York Lending Regulation 100

Abrigo

SEPTEMBER 15, 2022

Monitoring construction loans improves outcomes, study finds. You might also like this webinar, "How to manage a high-performing construction loan portfolio." Bank monitoring in construction lending. On-site inspections.

Study 195

Study FDIC Lending Risk Management 195

Independent Banker

OCTOBER 31, 2021

The CARES Act extended the CECL implementation deadline for many larger community banks until the end of the COVID-19 pandemic. Community bankers tell us that while the extension is welcome, they’re already down the road to implementation. ICBA tells FASB CECL isn’t feasible for community banks. ICBA backs Stop-and-Study bill.

Community Bank 91

Community Bank Community Software New York City 91

Independent Banker

DECEMBER 31, 2022

We recently spoke with community bank CEOs from across the country to gain insights on how they’re proactively positioning to manage risks and take advantage of growth opportunities in the coming year. Following some respite in 2022, community bankers are bracing for a tougher economic landscape ahead in 2023. Koger Propst.

Community Bank 91

Community Bank Community Tampa North Carolina 91

PYMNTS

JANUARY 23, 2020

People facing charges from the Office of the Comptroller of the Currency include the former community bank manager, Carrie Tolstedt; the former chief administrative officer, Hope Hardison; and the former chief auditor, David Julian. Study: Tech Unicorns Overvalued By Nearly 50 Percent. Fair Isaac Corp.,

Fraud 131

Fraud Community Bank Analytics Study 131

Gonzobanker

FEBRUARY 11, 2021

But some things do change, and according to Cornerstone Advisors’ 2021 What’s Going On In Banking study, the change in three priorities signal a shift in how FIs are managing technology: 1. A few institutions indicated they’ll roll out new treasury management services in 2021. Money: It’s a Hit. The Organizational Solution.

Lending 128

Lending Fintech Technology System 128

Abrigo

JANUARY 8, 2016

The GAO acknowledged that community banks, credit unions and their professional industry associations reported increased compliance burdens and reduced activity in specific business activities, such as certain mortgage lending, as a result of Dodd-Frank.

Regulation 150

Regulation FDIC Survey Community Bank 150

Jeff For Banks

JUNE 8, 2013

Louis Fed recently performed a study to uncover the characteristics of community banks that thrived during the financial crisis. As with most government driven academic studies, there were numerous answers. In addition to that, here is what I think a bank should do to avoid the lending hubris that led up to the crisis: 1.

St. Louis 110

St. Louis Lending Study Strategy 110

CFPB Monitor

AUGUST 20, 2020

Lending and investments may receive credit under the OCC’s new CRA rules if such activities occur in Opportunity Zones that overlap with low- and moderate-income (“LMI”) areas and serve LMI populations. Mr. Alden explained how MDIs serve the financial needs of communities of color and contribute to their economic well-being.

Regulation 78

Regulation FDIC Community Lending 78

South State Correspondent

JUNE 13, 2023

When interest rates rise, lenders struggle to manage revenue and economic capital; when rates fall, borrowers can commonly refinance the debt at lower rates. We see borrowers trying to out-predict the market by guessing what the Fed might do, analyzing economic trends, studying graphs, or talking to friends at cocktail parties.

Marketing 195

Marketing Examples Capital Management 195

PYMNTS

MAY 16, 2016

The alternative lending market is showing signs of defeat against traditional bank loans, and SMEs are strengthening their demands for more than the typical solutions currently offered by traditional FIs. In B2B payments, that means changes in how businesses access, protect and ultimately make their money. 65% of U.K. 65% of U.K.

Fintech 108

Fintech Lending Fraud Cards 108

CFPB Monitor

MAY 6, 2015

Although the CFPB does not use the term “disparate impact”, the fair lending implications of the Report should be carefully considered by both the providers and users of credit reports and credit scores. The CFPB press release highlighted four of the findings from the Report: 26 million consumers (11% of U.S. 19 million consumers (8% of U.S.

Report 60

Report Study Industry Lending 60

Abrigo

MAY 31, 2017

The implementation of lending software, like that provided by Sageworks to community banks and credit unions, requires a similar, systematic approach for onboarding. The Sageworks team also works with the institution to incorporate data management best practices and to help guide the process.

Software 150

Software Analytics Training Case Study 150

FICO

APRIL 24, 2020

This is especially true for community banks and credit unions that often have less sophisticated analytics in place today when compared to the sophisticated Machine Learning and AI solutions used at the largest banks. Account Management: Increase profitability and customer satisfaction. How can you be successful in this new world?

Analytics 52

Analytics Customer Experience Community Bank Case Study 52

CFPB Monitor

AUGUST 22, 2016

The CFPB has announced the appointment of new members to its Consumer Advisory Board, Community Bank Advisory Council, Credit Union Advisory Council, and Academic Research Council. Lynn Drysdale, Managing Attorney, Consumer Law Unit, Jacksonville Area Legal Aid, Inc., Community Bank Advisory Council Members. Jacksonville, FL.

San Antonio 60

San Antonio Kansas City Groups CA 60

South State Correspondent

MARCH 23, 2022

If your bank struggles to create a clear value proposition and brand differentiation, then we have a case study for you. Closely aligned with customers service, bank management recognized early on during its maturity that it needed a platform ecosystem to drive engagement. and became the most valuable bank in Latin America.

Branding 221

Branding social media Strategy Data 221