South State Correspondent

JANUARY 16, 2024

With the development of the term SOFR market, BSBY offers no perceived advantages over SOFR, Fed Funds, or Prime. BSBY was not well received by US regulators from its inception, but the market eventually embraced SOFR over BSBY. Historically, community banks have hesitated to adopt derivatives for several reasons.

Community Bank 195

Community Bank Community Compliance CA 195

PYMNTS

NOVEMBER 27, 2018

Yet, the small business lending gap remains. In a new report, PayNet and financial research firm Raddon examined the state of small business lending in the U.S. “What we didn’t know until this study was the size of the credit market for small businesses. For banks, the reason often comes down to profits.

Lending 159

Lending Fintech Capital Report 159

South State Correspondent

JANUARY 2, 2024

First, we believe the market to be a poor predictor of future economic states. Louis studied the predictive prowess of economists. Bankers must be able to present the current (spot) and forward interest rate lending curve to clients. That dispersion is about 95bps for one standard deviation in today’s market.

How To 195

How To St. Louis Lending Marketing 195

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

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

PYMNTS

SEPTEMBER 18, 2018

And in lending, with the financial crisis in the rearview mirror, a decade on, invention – okay, innovation – has become a hallmark, at least in some corners. But a standstill in the credit markets created a vacuum for a bit, at least along traditional lending conduits. Necessity is the mother of invention.

Lending 148

Lending Innovation Fintech Cards 148

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

Abrigo

AUGUST 26, 2019

The community bank model is built around customer service, but for many bank and credit union customers, the definition of “good service” has been changing over the last couple of decades. Stay Up-to-Date On Lending Best Practices. customers than traditional retail banks earned in the firm’s study of retail banking satisfaction.

Conference 150

Conference Lending Oklahoma Alabama 150

South State Correspondent

APRIL 18, 2023

We concluded that the market does not adequately compensate banks for credit and interest rate risks. Top-performing community banks deploy relationship banking. Bankers provide advice based on the customer’s particular situation and needs, as those needs evolve over the customer’s lifetime and as the market changes.

Strategy 195

Strategy Regional Industry Community Bank 195

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 30, 2024

A typical current strategy for community banks when originating commercial real estate loans is to offer floating-rate loans or shorter-term adjustable structures. Unfortunately, this strategy has all the underpinnings of a credit problem case study, and we do not have to search for a hypothetical example.

Community Bank 195

Community Bank Case Study Community Strategy 195

ABA Community Banking

JULY 13, 2020

The Consumer Financial Protection Bureau today released a study of the effects of so-called credit-builder loans on credit scores. The post CFPB Study Finds Mixed Results for ‘Credit-Builder’ Loans appeared first on ABA Banking Journal.

Study 81

Study Report Community Bank Community 81

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. Construction costs for middle-market senior housing. To tackle the middle market senior housing gap, preserving existing senior housing is key. higher in 2022 than in 2021. Enhance amenities.

Community 52

Community Operations Arizona United States 52

Abrigo

DECEMBER 17, 2021

In fact, corporate culture is more important to an innovative culture than the institution's size, level of investment, location, or regulatory environment, according to a recent study by the ? Executives must center their communication on the vision for the technology and what employees will gain from it. Lending & Credit Risk.

Fintech 195

Fintech How To Innovation System 195

Perficient

OCTOBER 7, 2020

One study indicated a 500% increase in the use of telehealth within the first two weeks of the outbreak. The delays that have been erased because of Covid-19 will lend themselves to fully virtual trials in the future. This acceleration brings an increased focus to cybersecurity and data safety that must meet HIPAA requirements.

Cleveland 309

Cleveland social media System Tools 309

Independent Banker

DECEMBER 31, 2022

Here’s how community banks can enhance their payments offerings. We’ve got capital market resets that are potentially happening, technology advancements and continued heightened digital expectations. As 2023 kicks off, community banks can respond to today’s payments landscape by addressing five key trends. By Colleen Morrison.

Trends 140

Trends Payments Community Bank Texas 140

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

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

CFPB Monitor

JULY 9, 2021

The CFPB recently issued a report entitled Data Point: Asian American and Pacific Islanders in the Mortgage Market. In issuing the report the CFPB stated that “[e]xisting studies often portray AAPI borrowers as similar in characteristics to non-Hispanic White borrowers and thus imply that the group fares well.

Report 78

Report Marketing Community Metro 78

PopularBank

MARCH 24, 2021

BDD Designation to Provide Branch $10 Million in Subsidized Deposits to Promote Community Reinvestment within East Harlem. Popular Bank’s East 116 th Street branch will serve as a BDD branch in the designated Community District 11 (CD 11). Recent BDD designation aims to provide critical services to East Harlem community.

New York 91

New York Community New York City New Jersey 91

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

South State Correspondent

JUNE 13, 2023

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. No one can time the market when purchasing a stock or locking in financing costs – the market is too efficient and unpredictable.

Marketing 195

Marketing Examples Capital Management 195

Gonzobanker

APRIL 14, 2015

Looking around online, the closest competing offers I found were $300 from a couple of regional banks, but none from community banks or credit unions. Welcome to new marketing muscle. Meanwhile, on highway billboard ads I’ve seen community banks duke it out over who is the oldest local bank with the happiest customers and employees.

Marketing 60

Marketing Community Bank Branding Community 60

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. By Beth Mattson-Teig.

Community Bank 91

Community Bank Community Tampa North Carolina 91

American Banker

SEPTEMBER 24, 2020

Before the pandemic emptied the city, few lenders benefited from the heady local real estate market as much as regional players New York Community Bancorp and Signature Bank. Now they're becoming a case study for potential trouble from a sudden downturn in the Big Apple's property sector.

Case Study 76

Case Study New York Regional Apple 76

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

Independent Banker

FEBRUARY 24, 2016

Georgia bank propels major growth through niche SBA lending. When Richard Bradshaw became president of specialized lending three years ago at United Community Bank in Blairsville, Ga., the bank’s three-person Small Business Administration department was lending about $10 million a year. Marketing tools.

Community Bank 70

Community Bank Lending Community Georgia 70

PYMNTS

APRIL 2, 2019

Which is what they’ve done, she pointed out: They have modified the loans in terms of amount, interest rates and terms, while holding onto the parts of the program that have most closely correlated with success in other markets. This first study is the first six-month check-in. The results, thus far, are positive. A Long Journey.

Tools 126

Tools Study Los Angeles New Jersey 126

Abrigo

SEPTEMBER 15, 2022

Monitoring construction loans improves outcomes, study finds. Takeaway 1 "Bank Monitoring with On-Site Inspections" will be presented later this month and claims to be the first empirical study of bank monitoring within non-syndicated loans. . Bank monitoring in construction lending. On-site inspections.

Study 195

Study FDIC Lending Risk Management 195

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 111

St. Louis Lending Study Strategy 111

Gonzobanker

MAY 4, 2022

Every year, Cornerstone Advisors conducts a survey of community-based financial institution CEOs that asks what their top concerns are. An institution’s required credit expertise will depend on its business/niches – for example, knowledge of national environmental lending will be unique from that of import/export letter of credit.

Training 154

Training Survey System Data 154

CFPB Monitor

DECEMBER 3, 2015

A blog post about payday lending, “Reframing the Debate about Payday Lending,” posted on the New York Fed’s website takes issue with several “elements of the payday lending critique” and argues that more research is needed before “wholesale reforms” are implemented.

Lending 60

Lending Study New York Kansas 60

Celent Banking

MARCH 16, 2015

The conference was well attended, with broad representation from all institution sizes and markets. The conference was full of community bankers discussing evolving business models and the pressures its placing on their ability to gather deposits. Presentations focused on targeted marketing for “moneyhawks” , new P2P models (e.g.

Conference 100

Conference Retail Community Community Bank 100

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. Those services include bitcoin and peer-to-peer lending, analysts said. 65% of U.K. percent of borrower applications.

Fintech 108

Fintech Lending Fraud Cards 108

Independent Banker

JULY 29, 2016

The demand for professional development opportunities for community bankers has never been greater. Last year Community Banker University’s eight certification programs provided more than 4,000 community bankers with highly tailored training.

Minneapolis 70

Minneapolis Community Bank Community San Antonio 70

PopularBank

OCTOBER 13, 2020

According to a recent study , the state experiences one of the worst racial wealth gaps in the nation. The Newark 40 Acres and a Mule Fund will bring pride and prosperity to our city as a whole and to our Black and Latinx business community in particular.”. NWK FAM Fund Seeks to Narrow the Wealth Gap in New Jersey.

New Jersey 52

New Jersey Community NJ New York 52

Gonzobanker

JANUARY 17, 2020

For execs who climbed the ladder in finance, lending or branches, buckle in because the techies are about to steal the show. Community banks and credit unions do not fear each other. Here’s a great question for community bank executives: What would it take for your local competitors to fear you as much as a Top 5 player?

Customer Experience 127

Customer Experience Fintech Regional Cards 127