Remove Community Remove Management Remove Maryland Remove Technology
article thumbnail

Can AI assist in vendor management challenges?

Independent Banker

As community banks grow, their vendor partnerships usually also do, which can lead to challenges with organization, data security and more. To address these issues, some community banks have turned to artificial intelligence. In finance, too, AI has been held up as the answer to any number of challenges that community bankers face.

article thumbnail

The community bank guide to FedNow resources

Independent Banker

As community banks navigate this process, there are plenty of resources available to answer questions and provide guidance. Three sources of information on FedNow As community banks look to take advantage of this new opportunity, they seek resources to help them navigate the journey.

Resources 115
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Provident State Bank Invests in Technology to Enhance Customer Communication

Banking Exchange

Maryland bank enables next-level communication at nine branches Technology Feature3 Feature Customers Branch Technology/ATMs Tech Management Community Banking.

article thumbnail

How community banks can leverage payment trends

Independent Banker

Community bankers and industry experts share how to best put this data to use. billion-asset First State Community Bank in Farmington, Mo. To use data effectively, community bankers need to balance the information with what they know to be true about their customers. All data creates a competitive advantage. The results?

article thumbnail

Super apps: The rise of an all-in-one platform

Independent Banker

What are they, and how can community banks stay on top of this trend? Community bank considerations. So, what does this intersection of regulation and technology competition mean for community banks? For starters, they will need to institute a strategy for managing the emergence of super apps. By Colleen Morrison.

article thumbnail

Clear Mountain Bank reaches new heights

Independent Banker

The West Virginia community bank is helping small-business customers get the financing they need while continually seeking new ideas to plan for its own future. Commercial clients make up nearly 60% of the loan portfolio at the $850 million-asset community bank based in Bruceton Mills, W.Va. By Mindy Charski. Name: Clear Mountain Bank.

article thumbnail

How to navigate payments trends

Independent Banker

The payments space can be dizzying for even the most enterprising community bank. For example, enabled by application programming interfaces (APIs), many community banks are embracing fintech solutions. Those answers are going to come in from those deep relationships that community bankers have with their customers.”.

Trends 91