South State Correspondent

MARCH 21, 2023

The need for a known, reliable brand creates an excellent opportunity for community banks to help small business customers while building deposit balances. Community banks can now white label this same product to onboard and process employee retention tax credits for the bank’s small business customers AND prospects.

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Taxes Community Bank Community Operations 195

South State Correspondent

JULY 26, 2023

The bigger risk to community banks’ business model is not a moderate recession induced by aggressive interest rate increases by the Federal Reserve. The Atlanta Fed GDPNow forecast is for Q2 GDP to be just under 2.50%, and the Fed Funds futures market continues to push out the start of the interest rate cuts. Yield pickup.

Community Bank 195

Community Bank Community Strategy Atlanta 195

Perficient

OCTOBER 26, 2020

The Michigan Council of Women in Technology (MCWT) virtually presented the 12 th annual Embrace the Moment – MCWT Digital Signature Gala on Saturday, October 17, 2020. The MCWT Foundation is a non-profit dedicated to inspiring girls and women in technology by encouraging, advancing, and retaining women in Michigan’s tech community.

Michigan 493

Michigan Technology United States Leadership 493

PYMNTS

JUNE 24, 2019

The parties rarely meet in person, presenting a trust issue that can become an even bigger problem when employers have to make payments across borders as payment preferences vary between regions. Fiverr provides this by studying and understanding local markets’ preferences. Building Trust From the Ground Up.

Marketing 100

Marketing Community United States Payments 100

Perficient

JULY 10, 2020

Achieving these commitments will require clinical, marketing, and operations teams partnering more closely together and in a way they never have before. COVID exposed the fragility of many systems’ operating models: an over-reliance on a small number of services to fund expenses across the enterprise. The $200B question.

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US Marketing Automation Marketing System 522

Jeff For Banks

APRIL 4, 2024

The Fed has paused for nearly a year now, and it was our experience in 2006-07 that bank cost of funds continued to increase as the market closed the delta between what someone could earn in a money market mutual fund and a bank account. But not until $1 trillion went from banking to money markets.

Banking Trends 113

Banking Trends Trends Millennials Oregon 113

South State Correspondent

OCTOBER 18, 2023

Community banks can maximize profit and increase loan balances using innovative grid-based pricing for their commercial clients. The graph below shows the Fed’s balance sheet from 2002 to the present. Therefore, attracting long-term, stable, and lower COF deposits is paramount for community banks.

Community Bank 195

Community Bank Community Industry Operations 195

Perficient

DECEMBER 30, 2020

As a global company, 2020 has allowed us to collaborate with each other in new ways, fueling team spirit, connection, and community. During our “Make a December Difference” campaign , each of our 4,500 employees across the world received $100 to pay it forward toward the charity, fund, community, or cause that is most meaningful to them.

St. Louis 508

St. Louis Community US Software 508

PYMNTS

AUGUST 4, 2017

Are community banks missing the chance to climb aboard the faster payments train? In late July, the Federal Reserve Faster Payments Task Force released its much-anticipated report on how to strengthen and operate the U.S. faster payments system. faster payment system. When ‘Wait And See’ Won’t Cut It Anymore.

Community Bank 116

Community Bank Community Innovation Millennials 116

South State Correspondent

MARCH 28, 2024

By partnering with community leaders, state and federal agencies, local commissions, and commercial customers, banks can be an effective conduit to leverage this public capital better while making sure the funds are fully utilized effectively in the communities we serve. Partnership with aligned community groups will be critical here.

America 195

America Strategy Taxes Community 195

South State Correspondent

OCTOBER 4, 2022

The Federal Reserve Open Market Committee (FOMC) has raised short-term interest rates by 3.00% in the six months between March and September. The market is now forecasting an additional 1.25% in hikes by year’s end, with the next move coming on November 3rd. First, Neil presents the interest rate futures curve to his borrowers.

How To 195

How To Marketing Examples Community 195

Abrigo

NOVEMBER 29, 2021

Noninterest income pressures present challenges Some financial institutions are adapting offerings that generate service charges and fees - important sources of noninterest income. . Takeaway 3 Community banks have seen less volatility in noninterest income, and many are still eyeing growth across the category.

Community Bank 195

Community Bank Community FDIC Trends 195

Abrigo

SEPTEMBER 21, 2020

Key Takeaways Financial institution executives wondering about changes in their market value premiums might need to look at the assumption used for modeling deposit servicing costs. Like clockwork, in times of low interest rates, financial institution executives have questions regarding the changes in their market value results.

Marketing 195

Marketing Study Analysis Course 195

TrustBank

SEPTEMBER 18, 2020

Recently, we have discussed the dichotomy in the equity markets and that markets are anticipatory, so they look through the present crisis. Currently, markets are anticipating a vaccine for COVID-19 which should help bring an end to this crises.

Marketing 98

Marketing United States Washington Study 98

Independent Banker

MAY 31, 2022

When companies sign on to the ICBA ThinkTECH Accelerator, they are looking to home their products and services to better support community banks. As community bankers visited The Venture Center, they too, presented the cohort with ways in which we might work together. But sometimes, unexpected business opportunities arise.

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Community Bank Community Maryland US 146

South State Correspondent

DECEMBER 8, 2023

The real reason that this conference makes our favorites list is that this is one of the few conferences where we can learn what the largest and most progressive banks are doing in the market. We sat through almost every presentation and took pages of notes. Many banks were looking to install more automation to lower operating costs.

Conference 195

Conference Retail Community Bank Technology 195

South State Correspondent

JANUARY 4, 2023

For any banker looking for clarity, we present five New Year’s resolutions, no matter your size, that provide a roadmap to accomplish both the short and long-term objectives of a top-performing bank. In addition, they may consider focusing on these five critical areas: Improve Operating Leverage. Why “Growth” is Not on The List.

Community Bank 195

Community Bank Capital Lending Training 195

Abrigo

JULY 27, 2023

Using regtech in banking With new federal regulatory and compliance challenges like the CFPB rule on the horizon, more and more community financial institutions are exploring regtech in banking and finance. For example, in the pharmaceutical industry, manufacturers can use regtech to ensure that marketing complies with FDA requirements.

Technology 195

Technology Fraud Compliance Regulation 195

Abrigo

JULY 27, 2023

Using regtech in banking With new federal regulatory and compliance challenges like the CFPB rule on the horizon, more and more community financial institutions are exploring regtech for banks to enhance their processes. What is regtech? Of course, banks and credit unions are highly regulated industries, and this is increasing.

Technology 195

Technology Fraud Compliance Regulation 195

South State Correspondent

OCTOBER 26, 2023

Our Top 10 Insights From Money 20/20 From these sessions and announcements, we pulled out ten of our most important takeaways, each having an impact on bank operations in the coming year. Clear introduced its reusable identity from its Sora ID acquisition and presented it at the conference for the first time to financial services companies.

Conference 221

Conference Las Vegas Fraud Case Study 221

PYMNTS

OCTOBER 22, 2019

This developing world of payments and the fierce competition offered by non-traditional providers of financial services presents big challenges to smaller and community banks – those financial institutions (FIs) with less than $10 billion in assets. Those operations manage and own 50 percent of [U.S. Deposit Trends.

Community Bank 116

Community Bank Community Operations Leadership 116

Independent Banker

JULY 31, 2022

Fallout from recent global events presents an obstacle to generating revenue for community banks. Since COVID-19, profitability planning for community banks has mainly hinged on how the government was coping with the pandemic and the key role financial institutions played in keeping the economy afloat. By Elizabeth Judd.

Strategy 135

Strategy Community Bank Louisville Community 135

PYMNTS

NOVEMBER 3, 2020

The food and grocery supply chains within India look a lot different, too, with local mom-and-pop Kirana stores facing a fragmented market to procure the items they need for their customers. That can only happen, however, if the technology is able to meet the unique needs of India's market. Tackling Unique Pain Points.

Payments 211

Payments Retail United States Online 211

Independent Banker

MARCH 31, 2022

One Community Bank’s 30-year relationship with All-Color Powder Coating is carried on by banker Steven Erickson (left) and Dan Anderson. Whether achieved by internal or external resources, community banks provide valuable support for small businesses. To achieve this, community banks use a number of strategies.

Community Bank 91

Community Bank Wisconsin Community Resources 91

PYMNTS

DECEMBER 30, 2020

The B2B eCommerce space saw some of the biggest investments of the year for B2B FinTechs, a testament to investors' confidence in the evolution of the market. With demands intensifying among the end customer, wholesalers, suppliers and the eCommerce platforms upon which they operate will have to meet a lengthy list of requirements.

Online 302

Online Meeting Payments Fintech 302

Gonzobanker

APRIL 25, 2024

Once upon a time, First Southern Farmers, Merchants & Community Bank & Trust (or FSFMCBT, for short), a community bank in Anytown, USA, was renowned for its neighborly charm. Mortgage lenders looked forward to receiving notice of promotions that Marketing sent to customers. Fast forward to modern times, when Thomas B.

System 133

System Training Community Bank Management 133

South State Correspondent

MARCH 6, 2023

Credits will deteriorate much faster if an economic downturn stresses net operating income (NOI). We argued that community banks should favor 1.40X to 1.50X DSCR credits, as that is the minimum cash flow required to withstand a standard recession. debt yield ratio ($135k divided by $1.5mm).

Community Bank 195

Community Bank Community Lending Regional 195

Gonzobanker

DECEMBER 19, 2022

As if that wasn’t enough, regulators took a sledgehammer to debit fee income with Reg II changes that will begin reducing card-not-present interchange fees starting in July 2023. Durbin pushed to add card-not-present transactions to his amendment, then proposed the same for credit. 2008 called and wants its headlines back. Goes to Sen.

Community 216

Community Fintech Industry Innovation 216

South State Correspondent

FEBRUARY 22, 2024

For example, at present, return on equity performance is about 12% for the average community bank. Deposits generate the bulk of a bank’s value yet most banks spend little on deposit marketing and product design. You can buy loans, but you can’t buy bulk deposits for below market rates. Why is that?

How To 195

How To Strategy Capital Lending 195

Gonzobanker

DECEMBER 14, 2023

Not the financial industry’s “Troublemakers ” – those regional and community banks, credit unions and supporting fintech entrepreneurs who continue to engage customers and communities and find niches that keep the grassroots of our country’s financial system alive and kicking. We are in awe. Seriously in awe.

Fintech 194

Fintech Community Regional Technology 194

South State Correspondent

MAY 30, 2023

With the debt ceiling uncertainty, an undecided Fed Reserve, and concern about credit quality, this is a perfect opportunity for community bankers to be trusted financial advisors. For example, below is a graph showing in the blue line where short-term rates have been from 1985 to the present (Prime, LIBOR, or Fed Funds are 99% correlated).

Examples 195

Examples Course Community Management 195

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

PYMNTS

APRIL 18, 2018

The slight downturn comes at a time of broader market volatility as the U.K. Phelan said it is too premature to deduce that these geopolitical factors had any significant impact on the February Index’s reading, but did warn that Canada’s position in the market means that its SMBs are at least indirectly exposed to these pressures.

Marketing 100

Marketing Lending Analysis Community 100

Perficient

NOVEMBER 21, 2023

I often engage with account developers and clients to address their requirements in transitioning legacy processes and technology to meet the expectations of a digital operating environment. Beyond this, my days typically revolve around three major aspects: Strategy.

Industry 221

Industry Meeting Conference Maine 221

PYMNTS

MARCH 23, 2020

This presents a gap in the market and an opportunity for FinTechs to fill it with automated underwriting technologies, like an automated small business credit score. Now, more than ever, lenders must support the SMB community, with underwriting a critical piece of strengthened SMB lending operations. “For the U.S.,

Lending 188

Lending Data Analysis Tools 188

PYMNTS

DECEMBER 15, 2020

But there are other pain points in B2B payments for the legal cannabis market, according to Doug Gordon , executive vice president and head of LeafLink Financial. Legal cannabis is generally a new industry, as Gordon discussed, meaning the market is dominated by startups. Challenges 'On Steroids'.

Industry 277

Industry Retail Payments Tools 277

South State Correspondent

MARCH 16, 2022

In a competitive market for commercial loans, every feature that can preserve credit quality or maintain pricing can be valuable to the lender. Many community banks will market their fixed rate loans based on the simplicity of the prepayment provision, and this starts by understanding the value that each provision creates.

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How To Community Bank Community National 195