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The community banks beating the Great Resignation

Independent Banker

These community banks share how they have (or haven’t) altered their hiring strategies. According to the BLS, “quit levels and rates” by employees is higher in all employment sectors than it is in “finance and insurance” specifically, which is where community banks would fall (see table below). Photo: Colin Conces. By William Atkinson.

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Spotlight on Specials

Independent Banker

As community banks attempt to grow funding for expanding their loan portfolios, most turn to a tried-and-true method: They promote a certificate of deposit “special.” Neil Stanley ( Neil@TheCorePoint.com ) is CEO and founder of The CorePoint, a company in Omaha, Neb. Five ways to price and sell CD rates, without hurting profitability.

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Who were ICBA’s Top Lenders of 2022?

Independent Banker

Last year, community bank loan producers were faced with both record-low interest rates and a glut of deposits. But as they always do, they came through for individuals and businesses in their communities with a combination of personalized service and prudent risk management practices. Bunnell; and Doug, Genelle and Jagger Jones.

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The Wit And Wisdom Of Investor Letters

PYMNTS

In fact, a CEO who thinks their goods or services are anything less than the best the market has to offer is probably not long destined for their job. Dimon went on to discuss, at some length, the “mission-critical” services that big banks can supply are the types of things “regional and community banks simply cannot do.”.