South State Correspondent

NOVEMBER 29, 2023

One of the lessons that was driven home at the recent American Banker Small Business Banking Conference in Nashville was the difference in marketing between large national banks and community banks, particularly deposit marketing. Many banks fall into the “recency trap.” There is a reason for this.

Marketing 195

Marketing Regional National Nashville 195

Abrigo

FEBRUARY 23, 2023

Relationship focus helps CFIs Small banks can leapfrog competitors and better serve their communities by combining their unique advantages with smart management and partnerships. How can community financial institution leaders manage their challenges and seize their opportunities at the same time?

Community Bank 195

Community Bank Kansas City Community Lending 195

Insights on Business

NOVEMBER 29, 2018

Operational innovation is vital in a highly competitive financial services sector, with a new community of digital banks and other firms vying for market share. Drivers for Operational Innovation. These terms look good on paper, but what do they mean in practice for operational innovation?

Operations 138

Operations Innovation Management Risk Management 138

PopularBank

OCTOBER 28, 2020

The branch closures, which are expected to be completed simultaneously by January 29, 2021, are projected to reduce annual operating expenses by approximately $13 million. Popular is committed to meeting the needs of our customers and communities, guided by our 127-year legacy.

Puerto Rico 52

Puerto Rico New York Metro Community 52

CFPB Monitor

AUGUST 25, 2016

The CFPB has issued a new elder financial abuse report, “ Report and Recommendations: Fighting Elder Financial Exploitation through Community Networks ,” and a related resource guide, “ A Resource Guide for Elder Financial Exploitation Prevention and Response Networks.”

Resources 60

Resources Community Report Regional 60

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. A community bank may transact one or only a few balance sheet hedges over many years.

How To 195

How To Community Bank Community FDIC 195

South State Correspondent

APRIL 19, 2023

For example, while banks in the Southeast and Mid-Atlantic regions of the U.S. This is one of the great mysteries of community banking. Almost every community bank touts its commitment to the relationship. For example, adding and connecting an operating DDA account to the MMDA account extends the average life significantly.

How To 195

How To Examples Resources Community Bank 195

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. Finding this intersection is the key to the efficient use of sales and marketing resources. What client does the bank want and can service?

Management 195

Management Survey Industry Community Bank 195

PYMNTS

JULY 30, 2020

Zycus Vice President of Corporate Development Richard Waugh said in the announcement, “We saw a perfect fit for our AI expertise in the technologically challenged accounts payable operations and created independent AP bots for multiple use cases in the invoice-to-pay cycle.”

Software 151

Software Community Bank Management Regional 151

Gonzobanker

NOVEMBER 2, 2023

In the throes of managing balance sheets and loan portfolios and at the same time executing daily “run the bank” operations, bankers are faced with the need to continuously develop new customer experiences and scale enterprise capabilities. In a Smarter Bank, leaders tend to be resourceful guerilla warriors when it comes to execution.

Leadership 158

Leadership Industry Management Resources 158

PYMNTS

APRIL 24, 2019

The firm conducted a comprehensive and diligent search for a new CEO, led by the board’s human resources committee and advised by an independent search firm. “I Pérez-Tasso has been part of SWIFT’s executive team for seven years, and he is currently the company’s chief executive of the Americas and U.K.

Leadership 169

Leadership Regional America Community 169

PYMNTS

JULY 16, 2020

The technology lets community banks, regional banks and FIs provide a white-labeled AP offering to their business clients. ” RegalPay serves as an “engine” for electronic payments that receives payment tractions from enterprise resource planning (ERP) or accounting technologies as inputs to send to FIs.

Software 144

Software Community Bank Regional Resources 144

Independent Banker

NOVEMBER 24, 2014

“For Ron, giving back to the community is part of the essence of who he is. With vigor and a strong commitment to service, Ron Paul leads a rapidly growing community bank in Maryland. Eastern Region Award Recipient. Ronald Paul first encountered community banking as a real estate developer in the early 1980s.

Community 70

Community Washington Community Bank Maryland 70

PYMNTS

MAY 8, 2019

Its first version will focus on financial institutions (FIs), such as credit unions, as well as community and regional banks, while one for business end users is set to follow. The Faster Payments Project Team has been working for almost a year to develop faster payments resources, including the Playbook. payments system.

Payments 125

Payments Resources Groups Industry 125

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. Services Ecosystem.

Community Bank 116

Community Bank Community Operations Leadership 116

South State Correspondent

DECEMBER 8, 2023

Because the small business segment is smaller and more complex than general retail, banks that house small businesses within retail often find the small business segment under-resourced. Many banks were looking to install more automation to lower operating costs. Increasing lifetime value was a common discussion with every bank.

Conference 195

Conference Retail Community Bank Technology 195

PYMNTS

DECEMBER 4, 2018

4) that it has completed the relocation of its global headquarters from Englewood to Denver, Colorado, saying it expects to make a long-term economic investment in the region of more than $300 million over the next 10 years. The Western Union Company announced on Tuesday (Dec. Western Union connects people around the world every day.

Denver 108

Denver Colorado Resources Leadership 108

South State Correspondent

JANUARY 4, 2023

In addition, they may consider focusing on these five critical areas: Improve Operating Leverage. To improve the quality of their earnings, banks need their number one focus to be on making their operations more efficient. To the extent projects improve operating leverage and the total experience, so much the better.

Community Bank 195

Community Bank Capital Training Lending 195

Abrigo

JULY 15, 2015

One such pain point is the confusion behind identifying ways to effectively grow their business through the management of financial resources. Helping your client plan and implement the ways they acquire and use financial resources to grow their business can be beneficial to deepening your professional relationship.

Management 150

Management Resources Capital Taxes 150

PYMNTS

SEPTEMBER 22, 2020

Now, as the region comes out of the first and hopefully the only wave of the pandemic, the Fashion District is 74 percent full – and PREIT CEO Joe Coradino told PYMNTS that tenant relationships are the key to getting to the other side of the crisis. Mall of America To Provide 'Community Commons' For Local Companies.

Philadelphia 173

Philadelphia Retail Las Vegas America 173

PYMNTS

FEBRUARY 2, 2021

The Authorize.net offer extends Visa’s commitment to digitally enable businesses and helps alleviate burdens by minimizing some recurring operational costs. Those efforts include helping the Tampa SMB community get ready for the big game.

Tampa 211

Tampa San Francisco New York Miami 211

PYMNTS

APRIL 10, 2020

Like all of us, our clients are trying to navigate the best path to support their employees, customers, partners and community — and, of course, to protect their bottom line. At Flywire, we are focused on both the digital technology and expert resources needed to ensure that our clients’ customers’ most important payments go through.

Payments 150

Payments Regional Resources US 150

PYMNTS

FEBRUARY 22, 2018

Regulatory efforts to promote FinTech innovation, a bustling climate for blockchain and interest from other markets eyeing the region for expansion have all led to Southeast Asia’s impressive standing in this space. At present, the report found, it takes an average of 15 days for a small business in the region to be approved for a loan.

Fintech 104

Fintech Regional Resources blockchain 104

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. billion-asset community bank.

Community Bank 91

Community Bank Community Milwaukee Jacksonville 91

PYMNTS

JUNE 22, 2020

This creates an exciting opportunity for the communities that surround these properties.”. The warning, on the other hand, came from Arthur Linfante, managing director of the Northern New Jersey office of Integra Realty Resources. The existential threat facing regional malls is the instability of anchor department stores.

NJ 132

NJ New Jersey Illinois Retail 132

PYMNTS

AUGUST 23, 2019

The cross-border payments community has had to respond quickly and crucially together to address the challenges of bringing compliance processes up to the speed demanded by global businesses’ expectations of faster cross-border payments. And to that end, we’ve seen growing engagement and co-operation across the industry.”. KYC Issues.

Compliance 192

Compliance Security Payments Community 192

PYMNTS

DECEMBER 11, 2020

That's especially true for small and medium-sized businesses today, which, while hoping to plan for growth in the coming years, are more often looking toward resources that can help them survive in the next few weeks and months. We had to navigate our resources internally to focus on doing that many loans that quickly.".

Lending 233

Lending Capital Resources Taxes 233

Independent Banker

JANUARY 31, 2022

Here’s how four community banks are thriving in this environment. There’s a lot of energy in the southern half of Texas, and it’s not just the resources that power our homes and cars. This region has the kind of energy that draws people to a place and helps them and their businesses thrive. By Mindy Charski. Deepening roots.

Texas 182

Texas San Antonio Community Bank Community 182

Ublocal

JUNE 5, 2023

Below is a list of the core requirements: Must be an operating business, organized for profit Located in the U.S. and primarily operating in the U.S. Resources for Small Business Owners in Vermont and New Hampshire Union Bank is proud to be part of a great network of resources for small business owners in Vermont and New Hampshire.

New Hampshire 98

New Hampshire Vermont Resources Taxes 98

PYMNTS

JANUARY 15, 2019

Visa said Monday evening at a New York gathering in anticipation of the launch that events through a year-long campaign will include interactive workshops, tailored on a community-by-community basis. 30 kickoff in Atlanta will include access to experts from Visa and entrepreneurs operating both nationally and globally.

Atlanta 189

Atlanta New York social media Community 189

FICO

NOVEMBER 16, 2022

The data from this survey revealed global trends, along with regional differences, that demonstrate the ongoing commitment that financial institutions have for finding and stopping payments fraud. 65% of the respondents indicated that their companies plan to increase operational expenditure for fraud management anywhere from 5% to 20%+.

Fraud 52

Fraud Data Survey Regional 52

Independent Banker

JANUARY 26, 2016

A young entrepreneur prefers relationship community banking. which he still operates. With whatever time he has had left over, he runs his own regional business magazine. In general, Meadows believes community banks can play an important role in helping young businesspeople. By William Atkinson. The reason? “I

Community Bank 70

Community Bank Community Illinois Regional 70

Independent Banker

AUGUST 31, 2021

This year’s winners: Left: Central Valley Community Bank, People’s Choice Award; Middle: Kennebec Savings Bank, Exceptional Community Bank Service Award; Right: Cross River Bank, Emerging Service Program Award. Exceptional Community Bank Service Award. Instead, we give those dollars to the community.”. Asset size: $1.36

Community Bank 196

Community Bank Community National Fresno 196

Jeff For Banks

APRIL 25, 2014

"Our combined financial institution will offer a wider array of products and services while continuing our long-standing personal commitment to our customers and community." - Gregory Schreacke, President of First Financial Service Corporation in Elizabethtown, KY on his bank''s sale to Community Bank Shares of Indiana, Inc.

Community 93

Community New York Indiana Connecticut 93

Independent Banker

NOVEMBER 24, 2014

Central Region Award Recipient. Its staff had about 40 people, many of its procedures were manual, and its competition was stiff with about five community banks as head-to-head rivals. Today, a proud survivor of industry consolidation pressures, the bank has $250 million assets and operates 11 locations in five counties.

St. Louis 105

St. Louis Community Bank Community Leadership 105

PYMNTS

JULY 25, 2017

When you are talking about smaller [community] banks, regional banks and credit unions, there just aren’t the in-house resources to build their own digital lending solutions for products such as private student loans, student refinancing and home improvement loans.”. There are currently 13,000 community banks in the U.S.,

Lending 100

Lending Community Bank Millennials Community 100

Independent Banker

JULY 31, 2022

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.

Community Bank 91

Community Bank Community Iowa Louisville 91