South State Correspondent

APRIL 15, 2024

We feel that as community bankers, we can learn from Jamie Dimon (Chairman and CEO of JPM) and from Warren Buffet’s annual shareholder letters. As usual, it was full of insight that every community banker should consider. Our focus is on information that pertains to the community banking industry.

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South State Correspondent

AUGUST 21, 2023

However, that publication, directly and indirectly, identified three discrete risks affecting community banks. We will outline what we think community bankers should glean from this publication. Risks to the Community Banking Sector Moody’s identified three risks to the banking sector, including risks to community banks.

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Community Bank Community Capital Analysis 195

PYMNTS

DECEMBER 11, 2020

In this week's news, we saw two blockbuster IPOs, arguments and stalemates over a new stimulus bill, and new data on consumers' digital shopping trends. Synctera Brings 'FinTech As A Service' To Community Banks. FinTechs want to offer compliant banking services, while community banks want new ways to grow deposits.

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Trends Fraud Millennials Community Bank 175

PYMNTS

JANUARY 9, 2018

As this trend unfolds, though, there is another player in the small business lending space that still stands to disrupt the industry even if it isn’t grabbing as many headlines. Community banks approved 49 percent of SMB loan applications in November, according to the latest data from the Biz2Credit Small Business Lending Index.

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Community Bank Community Fintech Lending 131

PYMNTS

APRIL 27, 2016

Vantiv is introducing a new online community centered on fostering and supporting small businesses. We want to help these small business owners capture evolving information on business trends and payments options and plot their path to success, through smarter, faster and easier payments,” Herron continued.

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PYMNTS

SEPTEMBER 23, 2019

More diverse communities are being served by CUs than ever before, with the state of Michigan recently approving the nation’s first LGBTQ-focused CU, Superbia Credit Union. Developments From Around The Credit Union Space. Federally insured CUs in the U.S. can now provide financial services to legal hemp farmers and businesses.

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social media Trends Michigan United States 157

Banking Exchange

APRIL 2, 2021

National and global banks prove popular as consumers reassess their banking partners post-pandemic, according to research Retail Banking Financial Trends Feature Lines of Business Feature3 Customers Online Community Banking PPP Covid19.

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PYMNTS

NOVEMBER 15, 2017

Both the Credit Union National Association (CUNA) and the National Association of Federally-Insured Credit Unions (NAFCU) said the now-repealed rule, which prevented FIs from using mandatory arbitration agreements in financial services contracts, put an unfair burden on the industry. Beyond recent developments in Washington, D.C.,

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PYMNTS

OCTOBER 9, 2018

However, Dave Gilbert, founder and chief executive officer of SMB alternative lending firm National Funding , said he’s seen a trend of growing traction within the small business community. In its report, S&P found nearly 50 percent of SMB borrowers are too unfamiliar with digital lenders to use alternative finance.

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PYMNTS

JULY 1, 2016

Singapore is on a mission to build up a Smart Nation by utilizing innovation and technology to create opportunities and strengthen communities. Startups are estimated to employ nearly 300,000 on the island nation. Singapore is poised to become the world’s first country to make the notion of a “Smart Nation” an actual reality.

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National Training Bitcoin Samsung 133

Ublocal

APRIL 6, 2023

Local Causes of Food Insecurity in New Hampshire and Vermont Causes of food insecurity in Vermont and New Hampshire both follow national trends, while also having some underlying origins unique to our New England region. We are so thankful for the continued support of our community, including partners such as Union Bank.”

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Abrigo

MARCH 9, 2015

The latest FDIC Quarterly Banking Profile was just released and the industry continues to be led by the nation’s community banks. The positive trends from the third quarter of 2014 continued for the industry sub-set. percent of community banks were unprofitable during the quarter. Loan balances continue to increase.

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Abrigo

MARCH 9, 2015

The latest FDIC Quarterly Banking Profile was just released and the industry continues to be led by the nation’s community banks. The positive trends from the third quarter of 2014 continued for the industry sub-set. percent of community banks were unprofitable during the quarter. Loan balances continue to increase.

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Community Bank Community FDIC Industry 150

FICO

FEBRUARY 21, 2023

Expectations from Visa are that the GDP will turn negative once again in Q1 and Q2 of 2023 leading The National Bureau of Economic Research to declare a recession. These figures represent a national sample of approximately 130 million accounts that comprise FICO® Advisors’ Risk Benchmarking solution. vs. December 2019: 49.6%).

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Jeff For Banks

FEBRUARY 20, 2016

On February 14-17 the American Bankers Association held their National Conference for Community Bankers. The community bank takes deposits from your community, and then lends into your community, with decision makers based here , where the financial institution's employees live, work, and volunteer.

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PYMNTS

MAY 12, 2020

It is likely that the COVID-19 global pandemic will further propel these trends, as in-store and cash purchases become less and less common. In the Playbook, we examine how the different bank types — local and regional, national and digital — are responding to these trends, in particular the demand for highly functional mobile card apps.

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Regional National Cards Mobile 241

Abrigo

NOVEMBER 29, 2021

Takeaway 1 Noninterest income has been trending lower in recent years, but service charges and fees make up a larger share. Takeaway 3 Community banks have seen less volatility in noninterest income, and many are still eyeing growth across the category. Trends in noninterest income. And it is trending downward.

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Community Bank Community FDIC Trends 195

Abrigo

NOVEMBER 7, 2022

Department of Justice , national studies find that over 10% of older adults are victims of elder abuse annually, and a growing number of military veterans fall into this category. Learn tactics and tools to fight back against recent financial crime trends. Fraud Trends. According to the U.S. Cybercrime and the Dark Web.

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Fraud Resources Community Training 195

Abrigo

JULY 21, 2021

As part of the Financial Crimes Enforcement Network’s (FinCEN) first national priorities list for anti-money laundering and countering the financing of terrorism (AML/CFT) policies, one important priority continues to be detecting, reporting, and preventing terrorist financing. See Part I: Implications for Community Financial Institutions.

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Training National Strategy Regulation 195

Banking Exchange

JANUARY 5, 2021

F&M set to acquire Ossian State Bank, while Consumers National Bank adds two CFBank branches and Coulee Bank brings on assets from BNC Management Feature M&A Financial Trends Feature3.

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Indiana Community Bank Community National 60

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. billion to fraud in 2022, a 44% increase over the prior year and a trend that has continued into 2023. According to the Federal Trade Commission (FTC), consumers lost $8.8

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Fraud Training Trends Compliance 195

Abrigo

JANUARY 30, 2024

Attendees return from ThinkBIG energized and informed so they can continue positively impacting their institutions and, more importantly, their communities. Abrigo is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors.

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Conference Arizona Phoenix Fraud 195

Abrigo

APRIL 18, 2022

According to a White House statement , the executive order's goals are to: enhance consumer protection ensure financial stability increase national security reduce climate risk The White House describes the executive order as an attempt to balance innovation and U.S. National objectives in cryptocurrency policy. Fraud Trends.

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cryptocurrency Fraud United States Leadership 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.

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The Financial Brand

DECEMBER 16, 2021

A small Florida bank seeks to fill a niche by serving riskier businesses — nationally — that other financial institutions shy away from. The post Why (and How) a Community Bank Cultivates Crypto & Cannabis Clients appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

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FICO

AUGUST 16, 2022

US Bankcard Industry Benchmarking Trends: 2022 Q2 Update. FICO Community releases quarterly US Bankcard Industry Benchmarking trends. The following credit card performance figures represent a national sample of approximately 130 million accounts that comprise FICO® Advisors’ Risk Benchmarking solution. Saxon Shirley.

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South State Correspondent

MAY 9, 2022

In our previous article ( HERE ), we reviewed the banking industry’s cost of funding earning assets (COF), and we compared how community banks’ COF behaves relative to national banks in a rising interest rate cycle. However, there appears to be a trend that beta is softening, especially for larger banks.

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Community Bank Community Industry Online 195

FICO

JUNE 7, 2022

Canada Bankcard Industry Benchmarking Trends: 2022 Q1 Update. FICO releases quarterly Canada Bankcard Industry Benchmarking trends. Previously, these were published on the FICO Community, but going forward they will be published on the FICO.com blog. To catch up on the last quarter Canadian market trends, click here.

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Trends Industry Cards Analytics 52

Abrigo

MAY 8, 2024

The American Banker/Arizent survey found that nearly three-quarters (72%) of community banks (those below $10 billion in assets) and 54% of credit unions reported they either have no plans to use generative AI or are still learning and collecting information on the technology.

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Examples Fraud Resources Risk Management 221

South State Correspondent

APRIL 12, 2022

We feel that as community bankers, we can learn much from Jamie Dimon (Chairman and CEO of JPM) and from Warren Buffet. As usual, it was full of insight that every community banker should consider. Our focus is on information that pertains to the community banking industry. 3) Community Focused. 4) Employee Focused.

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Community Community Bank Leadership Lending 195

PYMNTS

OCTOBER 12, 2016

And that, according to new data released by the National Retail Federation , is precisely the point, as Halloween is a less “traditional” holiday than most and therefore more open to different interpretations for how to celebrate it. The NRF also believes that social media is largely fueling the costume trend, as 28.4 billion on U.S.

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Retail Trends Millennials National 100

FICO

JUNE 16, 2022

US Bankcard Industry Benchmarking Trends: 2022 Q1 Update. FICO releases quarterly US Bankcard Industry Benchmarking trends, previously these were published on the FICO Community but going forward will be published on FICO.com blog. We also feature Canada and UK industry trends. asokolowski@speednet.pl. by Leanne Marshall.

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Trends Industry US Cards 52

The Financial Brand

NOVEMBER 29, 2022

This article Hard-Nosed Innovation Lessons from a Community Bank appeared first on The Financial Brand. Community financial institutions can't bankroll 'innovation theater.' Here's how one bank tracks trends but only implements viable tech.

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Community Bank Community Innovation Branding 32

Abrigo

JULY 1, 2022

Human trafficking has long been a global concern and has officially become one of the eight national anti-money laundering and counter-terrorism priorities for the United States. The United Nations reports that there are approximately 40.3 This horrific crime enslaves men, women, and children of any age, race, or nationality.

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Training Fraud National Exercises 195

Abrigo

JUNE 8, 2022

World Elder Abuse Awareness Day is an international United Nations observance day commemorated each June 15 by most countries around the globe. Elder abuse and elder financial exploitation (EFE) are growing concerns in our families and communities, especially as the baby boomer generation hits their senior years. Fraud Trends.

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Training Fraud National Resources 195

PYMNTS

APRIL 2, 2019

The BBC reported on Sunday (March 31) that Shadow Chancellor John McDonnell introduced the proposal to turn thousands of current post offices into banking centers, creating a new Post Bank that would increase access to community banks. over the past 30 years, a trend McDonnell said has had a particularly negative impact on small businesses.

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Independent Banker

JULY 2, 2022

It may be celebrating its 150th anniversary, but First National Bank of Fort Smith didn’t want presents this year. billion-asset The First National Bank of Fort Smith (FNB) was founded on Feb. The clubhouse at the Jeffrey location, a community gathering place since 1978, was in dire need of improvements. By Paul Sisolak.

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