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Retail banking trends to look out for in 2023

Independent Banker

ITMs and VTMs are popular retail banking innovations among community banks. We spoke with two community banks that have ramped up their services to meet—and exceed—the changing expectations of customers. Community banks are constantly looking to the future and identifying what customers want. Jeff Versluys, One Community Bank.

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Fiserv Enables SNAP Online EBT Payment Acceptance For Grocers

PYMNTS

a global payments provider, now accepts Electronic Benefits Transfer (EBT) payments at grocers, allowing Supplemental Nutrition Assistance Program (SNAP) participants to purchase groceries online for the first time, the Wisconsin-based company announced on Tuesday (May 5). Fiserv Inc., ShopRite, a Wakefern Food Corp.

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Old National Reports Higher Profit on Acquired Loans

American Banker

reported higher quarterly profit due to securities gains and loan growth tied to its purchase of Anchor BanCorp Wisconsin. Old National in Evansville, Ind.,

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Bankers: Build Your Own Small Business Loan Platform

Jeff For Banks

Ridgestone Bank , a $395 million in assets Wisconsin bank was ranked seventh in SBA 7(a) lending last year, generating between $20 – 25 million in gain on sale of loans per year. That would be a bank dedicated to small business capital formation, and growth, within their communities.

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Banking"s Top 5 Total Return to Shareholders: 2020 Edition

Jeff For Banks

This puts its price to tangible book ratio slightly north of 2x, high by traditional community bank standards today. Bank First Corporation (Nasdaq: BFC) They are blocking and tackling in Manitowac, Wisconsin! I searched for what they do different than traditional community banks. Their 3Q ROA was 1.15% and ROE was 12.42%.

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Who were ICBA’s Top Lenders of 2022?

Independent Banker

Last year, community bank loan producers were faced with both record-low interest rates and a glut of deposits. But as they always do, they came through for individuals and businesses in their communities with a combination of personalized service and prudent risk management practices. Security Bank Midwest. By Ed Avis.

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Banking's Top 5 in Total Return to Shareholders: 2017 Edition

Jeff For Banks

billion in asset company headquartered in West Virginia, providing community banking services primarily in the Eastern Panhandle and South Central regions of the state, and the Northern and Shenandoah Valley regions of Virginia. Please do not claim to invest in any security based on what you read here. Summit Financial Group, Inc.