Independent Banker

MARCH 31, 2022

Chris Vogt of the Wisconsin Badgers NCAA basketball team presents an anonymous donation to First Kentucky Bank officials. We would have small groups that went out into the community and tried to help them with basic physical needs, picking up debris, taking meals to people in their homes. Stacy Overby, First Kentucky Bank.

Kentucky 163

Kentucky Community Bank Community Wisconsin 163

PYMNTS

APRIL 19, 2018

“Both EMV chip card issuance and EMV chip transactions surpassing 50 percent globally is testament to the increasing maturity of the worldwide infrastructure, and [is] a significant milestone for the payments community,” EMVCo Executive Committee Chair Jack Pan commented. The data also showed that 63.7 That is an increase from 52.4

Cards 112

Cards United States Regional Technology 112

PYMNTS

AUGUST 21, 2020

Community banks and credit unions are feeling the pressure to boost their digital card services or risk losing customers to megabanks and digital challengers, Ondot Systems ’ Chief Strategy Officer Todd Lesher told PYMNTS in a recent discussion. By contrast, thieves usually get away with three or four transactions without such tools present.

Cards 224

Cards Mobile Community Bank Community 224

South State Correspondent

MARCH 6, 2023

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. Many national and regional banks incorporate a minimum debt yield ratio as an underwriting criterion. debt yield ratio ($135k divided by $1.5mm).

Community Bank 195

Community Bank Community Lending Regional 195

South State Correspondent

JANUARY 18, 2023

The first is a step-down, and it is by far the most common prepayment provision used by community banks. We have never seen a borrower presented upfront with a termination scenario for a defeasance – if they had, they would never take the loan. For example, on a 5-year loan, the bank may charge a 5,4,3,2,1 prepayment.

Community Bank 195

Community Bank Examples Community How To 195

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. Step 1: There is No Prepayment Penalty on the Loan.

How To 195

How To Community Bank Community National 195

Abrigo

DECEMBER 4, 2015

Sageworks consultants have hosted and spoken at roughly two dozen regional and national events and industry conferences attended by hundreds of banking and credit union executives, regulators and industry professionals. See upcoming regional and national events hosted or attended by Sageworks here.

North Carolina 150

North Carolina Ohio DC Regional 150

South State Correspondent

DECEMBER 8, 2023

We sat through almost every presentation and took pages of notes. Small Business Preferences for Choosing a Bank Are Changing Curinos presented some interesting data about the changing face of small business preferences when opening a transaction account. Traditionally, helping with the basics, as outlined below, has been common.

Conference 195

Conference Retail Community Bank Technology 195

PYMNTS

JULY 24, 2018

Synovus Financial announced on Tuesday (July 24) that it is acquiring FCB Financial Holdings, owner of Florida Community Bank (FCB), Florida’s largest community bank, in a deal valued at $2.9

Florida 100

Florida Community Bank Regional Community 100

PYMNTS

JUNE 24, 2016

percent of all card-present transactions conducted globally between Jan. EMVCo also broke down EMV chip card adoption rate by regions: Europe Zone 1: 84.3% (up from 83.5% Of the regions reviewed in the report, Europe Zone 1 had the highest percentage of chip card transactions with 97.3 percent of card-present payments.

Cards 103

Cards Regional America Community 103

South State Correspondent

JANUARY 22, 2023

In a previous article ( here ), we discussed why commercial loan prepayment protection would be a critical return on asset (ROA) driver for community banks in 2023. The graph above shows the economic spread reduction for various loan terms when a meaningful prepayment protection is not present.

Community Bank 195

Community Bank Community Capital Maine 195

PYMNTS

MAY 22, 2018

percent of card present transactions were EMV chip-enabled. The data came from card-present contact and contactless transactions that were monitored globally, spanning the period between July 2016 through June of this year. And 97 percent of overall U.S. payment volume in March was on EMV cards. The data shows the U.S.

Fraud 133

Fraud Cards United States Regional 133

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. But instead of touting its own accomplishments during its 150th anniversary, FNB turned the spotlight onto another cherished community institution: the Fort Smith Boys & Girls Club. Putting community first.

Arkansas 91

Arkansas Community Community Bank National 91

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. Deposit Trends. Other industry data further illustrates the issue. Services Ecosystem.

Community Bank 116

Community Bank Community Operations Leadership 116

PYMNTS

JULY 27, 2016

The edge mid-sized and community banks have historically had on the big guys is that they put a face to banking. Today, though, FinTech has changed the game, and new customer demands could be taking away community banks’ leg-up on their largest peers. Carter pointed to a recent J.D. Power report on retail banking in the U.S.,

Regional 100

Regional Community Bank Community Study 100

Cisco

MAY 10, 2022

It is the premier destination for Cisco customers and partners to gain knowledge and to build a community. Al Slamecka presenting at Cisco Live 2019. Few would have predicted existing digital capabilities would scale as efficiently and effectively as they did from 2020 to the present. Stayed Connected.

Las Vegas 129

Las Vegas Industry Leadership Technology 129

PYMNTS

JUNE 22, 2020

Training a spotlight on the growth of digital commerce, Visa said that spend per active card-not-present cardholder was up 25 percent in April compared to January, and 90 percent of shoppers have said they are hesitant to shop in-store amid the pandemic.

Resources 200

Resources Online Training Tools 200

PYMNTS

APRIL 16, 2019

Deputy Managing Director of MAS Jacqueline Loh said the relationship demonstrates a FinTech that may extend to other countries in the ASEAN region. In reference to outsourcing risk, she said management of that risk “appropriately reflects the present-day business realities of the banks we supervise.”

Fintech 211

Fintech San Francisco National Innovation 211

PYMNTS

NOVEMBER 2, 2020

Agashe said the 50,000 very small community banks and credit unions (CUs) spread throughout India’s rural regions don’t count as “banks” in the official tally. These community banks often just don’t know about any of these things,” he said. However, Agashe said it’s work that rural communities “really need to have done.

Fintech 210

Fintech ATM Community Bank Cards 210

PYMNTS

JANUARY 16, 2018

The company initially focused on merchant cash advances, but, according to the firm, awareness of the tool — and other types of alternative loan formats — remains low in the SMB community. “We The results are presented directly to the applicant.”. The platform includes local and regional funders, the company noted.

Lending 100

Lending Community Regional National 100

Celent Banking

MARCH 16, 2015

The conference was full of community bankers discussing evolving business models and the pressures its placing on their ability to gather deposits. Large banks are now trying to compete on serving the customer and they´re positioning themselves to look and feel like a community experience. Presenters proposed some solutions.

Conference 100

Conference Retail Community Community Bank 100

Jeff For Banks

FEBRUARY 26, 2023

Having Ciaran onstage with Laura as a case study added credibility to the presentation. for $234 million for 162% of tangible book when regional targets were selling for 146% of tangible book. According to their presentation, the OTCQX Best Market offers transparent and efficient trading of established, investor-focused U.S.

Conference 78

Conference CA Arizona Case Study 78

PYMNTS

DECEMBER 19, 2019

eCommerce platforms have to abide by regional rules and that could make it harder for Airbnb to do business. . “We We welcome this judgment and want to move forward and continue working with cities on clear rules that put local families and communities at the heart of sustainable 21st-century travel,” Airbnb said. “We

Taxes 130

Taxes Regional Online Industry 130

PYMNTS

NOVEMBER 19, 2020

This represents 59 percent growth over the past 10 years, much of it buoyed by a surge in sign-ups across the Oceania region. The space has added 107 million members over the past decade, with 17 million joining just in 2019.

Alabama 228

Alabama Meeting Fraud Trends 228

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., The grassroots of community and regional banking will no longer be vanilla operations geographically focused. price/book multiple.

Fintech 166

Fintech Customer Experience Conference Technology 166

Abrigo

SEPTEMBER 10, 2021

See Part I: Implications for Community Financial Institutions. Regulatory scrutiny became ever-present, knowing that the security of their homeland was at stake. Still, terrorist financing was not a category available on the SAR form and not a severe threat that FinCrime professionals considered in their daily investigations. .

Training 195

Training Risk Management Pennsylvania Resources 195

American Banker

FEBRUARY 26, 2016

The bank's approval last year to buy OneWest Bank included a condition to submit an updated Community Reinvestment Act plan, but the CRA program now being presented by CIT is far from adequate.

Community 28

Community California FDIC Regional 28

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

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. As a result, national banks are eroding the customer base of the community bank. Why “Growth” is Not on The List. Conclusion.

Community Bank 195

Community Bank Capital Training Lending 195

Gonzobanker

JULY 6, 2021

It has become crystal clear that digital transformation is now the largest technology initiative for regional and community financial institutions. Maybe this is the new reality for community bankers, but Cornerstone Advisors is seeing little evidence that they’re serious about implementing a comprehensive digital strategy.

Strategy 156

Strategy System Risk Management Technology 156

Abrigo

DECEMBER 9, 2014

Community banks are expanding their loan portfolios to include more small business loans, according to the most recent Community Bank Performance report by the FDIC. In order to grow significantly, however, a bank may choose to expand its reach into businesses and neighborhoods outside the community - their “comfort zone.

Training 170

Training Policies Analysis Community Bank 170

PYMNTS

DECEMBER 11, 2020

According to Puskar, the current climate has forced lenders like Eastern Bank to shift their mindsets toward the present and future, rather than solely the past. The chaos of the PPP effort may have subsided for now, but small businesses continue to face uncertainty. Right now, we've been taking a look at 2018 and 2019 tax returns.

Lending 233

Lending Capital Resources Taxes 233

Abrigo

OCTOBER 21, 2019

It sounds like the beginning of a joke, but for many community financial institutions, a spectrum of different customers and banking needs is something that they see every day. A farmer, a university student, and a business owner walk into a bank. However, they’re probably seeing fewer of these customers walking into a physical branch.

Oklahoma 218

Oklahoma Millennials Innovation Technology 218

American Banker

AUGUST 12, 2016

United Community and Wells Fargo are among the banks building platforms to lend to senior-care facilities. Demographics suggest the business should grow significantly in coming years.

Lending 28

Lending Community Community Bank Regional 28

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

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. We take great care in trying to understand what our users’ needs are by getting deep into the community where the pain points are.”.

Marketing 100

Marketing Community United States Payments 100

PYMNTS

NOVEMBER 13, 2017

Grab , which started as a two-way marketplace for ride-hailing, is one of many organizations investing in the region to try and break down that barrier. Across the region, other merchants like Muhammed are sharply aware of their cashflow, supply chain and business growth needs. The only thing in the way was the system itself.

Regional 100

Regional System Community Strategy 100