Cisco

JANUARY 10, 2023

As a change agent serving the financial services industry for over 20 years, it is a great privilege to collaborate with Bank, Insurance, and Wealth Management institutions to devise and execute digital transformation strategy, solve complex business problems, and leverage technology to strengthen business results.

Digital Strategies 174

Digital Strategies Strategy America Innovation 174

Jeff For Banks

JANUARY 14, 2021

In June of 2008 I gave a speech titled "The Death of the Community Bank" and in that speech I made predictions. Much like the General Store fell victim to the supermarket and the lumber yard fell victim to Home Depot, I predicted the community bank that did not pick targeted customer niches or develop product expertise will meet it's doom.

Community Bank 130

Community Bank Community FDIC Strategy 130

South State Correspondent

FEBRUARY 18, 2024

We recently reviewed a loan term sheet from a national bank for a $13mm commercial real estate (CRE) loan. This particular national bank has the ability to offer the borrower an interest rate hedge or an on-balance sheet fixed-rate loan. The loan leverage ratio is 10.83 (total debt divided by net operating income (NOI)).

Management 195

Management National Guidelines Capital 195

South State Correspondent

FEBRUARY 22, 2024

For example, at present, return on equity performance is about 12% for the average community bank. A three-year time horizon isn’t long enough if say you want to take your lending platform nationally such as specializing in lending on robotics. What does matter is strategy. Banks consistently produce under their cost of capital.

How To 195

How To Strategy Capital Lending 195

South State Correspondent

AUGUST 21, 2022

Last week we wrote about loan-level vs. balance sheet hedging for community banks and provided our loan proposal generator ( HERE ). We compared and contrasted the two strategies and sized the market for community banks. We also shared a table that summarized the two strategies. Why Community Banks Use Loan-Level Hedging.

How To 195

How To Community Bank Community FDIC 195

PYMNTS

JULY 27, 2020

This is the area of expertise for marine biologists such as Karen Rivara, who owns and operates Aeros Cultured Oyster Company on the northern shore of Long Island. She is also a member of the Noank Agriculture Cooperative , which includes all elements of the oyster hatching and farming community on the Long Island side of the sound.

Industry 157

Industry Strategy New York City Connecticut 157

Abrigo

MAY 8, 2015

In recent months, the momentum around reducing the regulatory burden on the nation’s community banks has continued to gain steam. However, the regulatory landscape continues to evolve, leaving resource-constrained community banks to cope with new demands. The second idea is community bank exemption from the Volcker Rule.

Community Bank 150

Community Bank Community How To Meeting 150

South State Correspondent

SEPTEMBER 20, 2023

The value driver in cash management is that it is usually some sort of operating account at the bank. As such, operating accounts have low-interest rate sensitivity. Here, a tool like IBIS World comes in handy for setting bank strategy as you can look up any of the below industries to see their geographical dispersion.

Management 195

Management Survey Industry Community Bank 195

Abrigo

AUGUST 20, 2021

in 2001 began outlining strategies to combat transnational organized crime. The FBI explains TOC groups are “self-perpetuating associations of individuals who operate, wholly or in part, by illegal means and irrespective of geography.” Start with Part 1: Implications for Community Financial Institutions. Takeaway 2 The U.S.

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Training Strategy Fraud National 195

Independent Banker

AUGUST 31, 2022

Daniel Galindo, pictured, and Doug Schaeffer of Woodforest National Bank helped involve the community bank in providing funding for and access to affordable housing. Name: Woodforest National Bank. Doug Schaeffer, Woodforest National Bank. Doug Schaeffer, Woodforest National Bank. By Aileen McDonough.

Austin 91

Austin Texas Community National 91

Gonzobanker

JULY 20, 2022

financial institution executives surveyed for What’s Going On In Banking 2022 , 19% of community banks and 10% of credit unions had not launched a digital transformation strategy prior to this year, and another 15% had no plans to do so. While a digital product manager may have operations or I.T. Among 300 U.S.

Digital Strategies 174

Digital Strategies Strategy Leadership Customer Experience 174

South State Correspondent

MARCH 30, 2023

While desiring to bank everyone in your community is noble, it can be a poor use of resources. Not to say you want to ignore parts of your community, but why not focus more of your resources on those industries that will make your bank more profitable? They are also more plentiful. there are more than 8,000 trade associations.

Industry 195

Industry Resources Community Case Study 195

PYMNTS

JULY 3, 2020

As many teams within businesses big and small had continued to rely on paper and manual processes, AP operations were tasked with migrating to a work-from-home environment quickly. Collaborating with FinTechs is a valuable strategy for banks, noted Sigovitch. ” Offering the Right Tools.

Regional 214

Regional New Hampshire Tools Vermont 214

Abrigo

MAY 5, 2022

Other podcasts might be internationally based and of little interest to community financial institutions or credit unions based in the U.S. Main Street Banking: A Podcast for Community Bankers 8. Some recent episode titles include: “Should Bankers Fear Apple’s Future Growth Strategy?” Banking Transformed 2. BankTalk 3.

Community 195

Community Lending Maine Resources 195

PYMNTS

MARCH 15, 2019

The publication pointed to Goldman Sachs as the latest FI giant to grow operations in Mexico, after it provided a $100 million credit facility to Credijusto, a FinTech startup that makes three-year loans to small businesses. The nation’s FinTech landscape “is significantly less crowded in Mexico than it is in the U.S.,”

Lending 189

Lending Fintech National Taxes 189

Abrigo

NOVEMBER 17, 2023

While some of the recent trending fraud schemes are not new, they have been transformed to prey on communities already dealing with unprecedented times. Additionally, the human capital investment—in terms of both hiring fraud prevention experts and training existing staff—represents a significant operational expense.

Fraud 195

Fraud Training Trends Compliance 195

Independent Banker

APRIL 30, 2022

Here’s how community bankers can take advantage of various sectors—including SBA lending—over the next 12 months. Community banks that have struggled to grow their commercial loan portfolios over the past two years are optimistic that there are brighter days ahead this year and next. billion asset community bank.

Lending 158

Lending Community St. Louis Community Bank 158

PYMNTS

OCTOBER 5, 2020

The Carrboro, North Carolina-based chain has used its technology-first strategy to get, keep and grow its customer base – even while its stores were shut down early in the pandemic. Despite its 37 -state footprint, Werder noted that Fleet Feet thinks of itself as both a national brand and a community retailer.

Technology 131

Technology Retail North Carolina National 131

Perficient

JANUARY 28, 2021

You can get involved at home, at work, and in your community. Learn more about Data Privacy Day , including Privacy Tips for Parents and the chance to quiz yourself with the National Privacy Test and Google Phishing Quiz. See open jobs or join our talent community for career tips, job openings, company updates, and more!

Data 535

Data Security Software Community 535

Independent Banker

SEPTEMBER 30, 2021

Changing customer banking habits means it’s more important than ever for community banks to use every tool at their disposal. Community banks may have longstanding relationships with their core vendors, but that doesn’t always mean they keep up to date on all the latest features and functionalities. Mike Daniels, Nicolet National Bank.

Community Bank 91

Community Bank Community Milwaukee Jacksonville 91

South State Correspondent

DECEMBER 8, 2023

The need to reduce cost, the move to instant payments, and the need to deliver more unique products and services are all driving this effort at credit unions, community banks, and mid-sized banks. The argument is both philosophical and nuanced, but it is critical to understand when deciding on a small business delivery strategy.

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Conference Retail Community Bank Technology 195

PYMNTS

MARCH 12, 2019

Alternative lenders position themselves as faster, technologically-savvy options for small to medium-size businesses (SMBs) that seek capital, while many of the FinServ providers in the running for RBS funds operate as digital-first companies ready to meet small firms’ need for automation, online platforms and cutting-edge banking services.

Metro 139

Metro Community Industry National 139

South State Correspondent

MARCH 16, 2022

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. We want to share his strategy so that community banks can manage their marketing more effectively. This is by far the most common provision.

How To 195

How To Community Bank Community National 195

Gonzobanker

FEBRUARY 8, 2022

Maybe instead of Acquire or Be Acquired, this conference should be called Evolve or Be Acquired,” observed Eric Sprink, CEO of Coastal Community Bank in Everett, Wash., Bankers can sense a new world emerging that’s going to take a reset on strategy to stay in the shareholder value game. price/book multiple.

Fintech 167

Fintech Customer Experience Conference Technology 167

Jeff For Banks

JULY 5, 2022

Don't build our strategy around them.' Your Strategy To-Do List ' 1. And a branch, on average, cost about 1% of deposits in direct operating expenses. And oh by the way, it cost another 1% to support the operating expenses of support functions back at headquarters. Build a positive culture with operating discipline.

Millennials 78

Millennials Community Pennsylvania Community Bank 78

Bobsguide

APRIL 13, 2022

Dubai, UAE – April 13, 2022 – Finastra today announced that Banque Misr, the second largest national bank in Egypt with international presence, has selected Fusion Trade Innovation and Fusion Corporate Channels to digitalize its trade finance services and provide a premium user experience. About Finastra.

Regional 113

Regional Innovation User Experience Software 113

Gonzobanker

DECEMBER 22, 2020

And how did community banks and credit unions respond to the COVID craziness? Our clients showed banking at its best – obsessed with customer well-being, good corporate citizenship, and strong community focus. Jill is continually demonstrating just how loud a $300 million community bank can roar! Bravo Brett and team!

Idaho 181

Idaho Community Industry Strategy 181

Independent Banker

APRIL 30, 2022

Independent Banker’s annual listing top-performing community banks of 2021 alongside interviews with some of the winners. In true community bank fashion, each has its own story to tell and its own path to success. In true community bank fashion, each has its own story to tell and its own path to success. Philadelphia.

Community Bank 172

Community Bank Community Montana Taxes 172

CFPB Monitor

SEPTEMBER 21, 2020

Last week, the CFPB announced the appointment of new members to its advisory committees: Consumer Advisory Board (CAB), Community Bank Advisory Council (CBAC), Credit Union Advisory Council (CUAC), and Academic Research Council (ARC). Rebecca Steele, President/CEO, National Foundation for Credit Counseling (Washington, DC).

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DC Mississippi Washington Oklahoma City 78

Jeff For Banks

JANUARY 27, 2011

I was at a strategic planning retreat a few weeks back where a colleague lauded the concept of bankers getting back to plain vanilla community banking. But if you read or watch interviews of CEOs of community FIs from 2008 forward, you will be bombarded with the message that they didn''t engage in the things that led to the collapse.

Community Bank 71

Community Bank Community Apple National 71

Perficient

OCTOBER 1, 2020

Yet change was brewing in healthcare before the pandemic hit our communities. It soared to more than 50% in early April and now sits at 18% nationally. I anticipate we’ll see greater deployment of operational tools to better handle a crisis and deploy staff where they’re needed most. .

System 364

System Examples Industry Operations 364

PYMNTS

JANUARY 21, 2021

The nation’s sixth-largest commercial bank, which was formed and finalized in December 2019 through the merger of BB&T and SunTrust, credited its record $1.6 billion profit to strong performance from its insurance, investment banking and commercial real estate businesses, according to the release. “In

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Meeting Conference Mobile Technology 191

PYMNTS

AUGUST 16, 2019

The retailer also plans to team with Facebook on brand curation starting next year — “identifying and engaging with brands that have built a strong online community on the social media platform.”. The service is now available to customers in communities throughout British Columbia, Ontario, Alberta and Saskatchewan, among other locations.

Branding 101

Branding Retail social media Houston 101

Jeff For Banks

DECEMBER 9, 2020

Start integrating the financial risks from climate change into governance frameworks, risk management processes, and business strategies. The OCC's proposal would apply to the largest banks (>$100B in assets) in the country that may exert significant pricing power or influence over sectors of the national economy.

Lending 78

Lending Regulation Community National 78

Bobsguide

FEBRUARY 22, 2022

Through focused, innovative products, services, and a redefined operating model, BDB has been stimulating and driving entrepreneurial activity in the country. Furthering the government’s vision of moving operations and infrastructure to the cloud, BDB wanted to host the entire core banking platform on a public cloud.

Innovation 78

Innovation Customer Experience Strategy Operations 78

Jeff For Banks

AUGUST 3, 2020

But is it the right strategy for this pandemic recession? Sure, community banks had little to do with liar loans or what was otherwise termed sub-prime. But many banks were, including the nation's largest. So community banks were grouped with the wrong-doers, even though the wrong-doers were a small percentage of our industry.

Community Bank 88

Community Bank Community Capital Analytics 88

Independent Banker

SEPTEMBER 1, 2016

Independent Banker ® magazine recognizes three community banks who have conducted creative, engaging and impactful social media campaigns. This year’s panel of judges evaluated social media campaigns submitted from several community banks across the country before selecting those that received final recognition. Campaign: Sonic Lunch.

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social media Community Community Bank Michigan 96