Abrigo

JULY 31, 2022

Using the OCC Interest Rate Risk stats for asset/liability management models Financial institutions can use statistics in the OCC Interest Rate Risk Reports to gauge whether their bank is an outlier on the risk scale. You might also like this webinar, "Banking in a rising-rate environment." WATCH . Takeaway 1 Comparing the OCC's latest Interest Rate Risk Report and the one from 2019 provides a valuable look at interest rate risk variables. .

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Report Survey Comparison Regulation 195

Independent Banker

JULY 31, 2022

Illustration by miakievy/iStock. The Social Bankers, a collective of community bank marketers, offers inspiration, information and professional development advice to community bankers focused on marketing and social media. We asked them for their need-to-know social tips. By Julie Kendrick. While so many things about banking have changed in recent years, social media continues to grow in its impact on prospects, customers and employees.

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social media Trends Community Groups 224

TheGuardian

JULY 31, 2022

A few short years after the financial crash, oil, food and flights were affordable again. But this downturn looks much darker Watching the Conservative party candidates spray money around as they vie to win the keys to No 10, it seems churlish to ask where the cash will come from. Running a 21st-century economy is not cheap and, unfortunately for those in power, gets more expensive every year.

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Cards Leadership 94

Independent Banker

JULY 31, 2022

Artist Gardner Cole Miller, left, and SouthState Bank’s Shretta Godbolt turn bank-donated T-shirts into an original woven placemat. After a recent merger, SouthState Bank had hundreds of unused T-shirts featuring its old logo. Rather than send them to the landfill, it donated them to a community textile arts project that continues to inspire others.

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Community Community Bank Resources Course 156

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Now is the time for lenders to prioritize their digital transformation initiatives in preparation for the lending rebound. Rising competition and ever-increasing customer demands for speed and efficiency are forcing financial institutions to embrace digital transformation. This shift can feel overwhelming—where do you begin? This infographic illustrates automation demands and shows you how loan document automation serves as an essential step to increase profits and provide the best lending exper

Lending

TheGuardian

JULY 31, 2022

The National Trust dealt with our holiday complaint but it wasn’t quite as dramatic as the rep made it sound Having just returned from a very relaxing sojourn in Cornwall, staying in a National Trust cottage, I really should have no grounds for complaint, and yet. A couple of niggles. You’re not a holiday-maker if you stay in a NT property, you’re a “supporter”.

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National 48

American Banker

JULY 31, 2022

Capital 85

Capital Compliance Regulation 85

Independent Banker

JULY 31, 2022

Illustration by Sesame/iStock. The workplace is in constant flux, business goals are growing and employee preferences are evolving. Aligning these factors is critical to a community bank’s success, and a great way to start doing that is by ensuring your professional development programs support your strategic goals. Yes, it’s essential to satisfy annual training requirements but, as one CEO recently remarked, we need to grow our own community bank leaders.

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Training Resources Community Bank Leadership 140

South State Correspondent

JULY 31, 2022

Last week the Federal Reserve raised the Fed Funds rate by another 75 basis points – that was no surprise to the market. However, in Powell’s unscripted remarks at the press conference, he stated that interest rates have reached a “neutral level.” The market reacted to those words with equities and bonds both rallying. We believe that some market participants misinterpreted Powells’ comments, and banks should be ready for an environment where short-term rates are higher for longer – as in yea

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Policies Community Bank Marketing Community 195

Independent Banker

JULY 31, 2022

Photo by Chris Williams. The road ahead feels uncertain. Between growing inflation and fluctuating interest rates, the future may seem more clouded than ever, leaving us to ponder, “Where’s the crystal ball when you need it?”. Yet, it doesn’t require clairvoyance to chart our path ahead; we can rely on our history and our experiences to map the course.

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Community Bank Community Course US 139

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In this report, you’ll find a comprehensive analysis of survey responses from executives at banks, credit unions, and insurance companies concerning their organization’s current and future use of automation. The report’s key insights include: Which types of automation are saving organizations the most time and money How to overcome the biggest barriers to automation implementation and adoption Why automation investments will continue to grow over the next few years How much you could save in 202

Report

Independent Banker

JULY 31, 2022

Photo by nicomenijes/iStock. The financial press, economic commentators and social media sites have used a collection of terms this year that convey a certain image of market values for investment securities: “Plummet.” “Underwater.” “Leaking oil.” “Nosedive.” I think you get the picture. Community bankers have come to grips with the notion of their bond portfolios being, ahem, “submerged” in a number of ways.

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Memphis Community Security Community Bank 103

Independent Banker

JULY 31, 2022

Photo by Violeta Stoimenova/iStock. Community banks are feeling the impact of the Great Resignation just like other industries, but with some significant differences. Innovations in technology, organizational culture, talent acquisition and retention are key factors in helping community bankers reengineer a workplace environment that revolves around human connection.

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Community Bank Community Innovation Technology 91

Independent Banker

JULY 31, 2022

Banking veteran Keith Costello cofounded Locality Bank, where he serves as president and CEO, to champion for south Florida small businesses financially affected by the pandemic. Observing the gap in pandemic relief in south Florida due to a lack of local community banks, a trio of banking veterans teamed up to form a digital-first community bank—and were granted a charter in record time to support local businesses.

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Florida Community Bank Community FDIC 91

Independent Banker

JULY 31, 2022

Photo by Violeta Stoimenova/iStock. Community banks are feeling the impact of the Great Resignation just like other industries, but with some significant differences. Innovations in technology, organizational culture, talent acquisition and retention are key factors in helping community bankers reengineer a workplace environment that revolves around human connection.

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Community Bank Community Innovation Technology 91

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Commercial lending is on the verge of a resurgence, but traditional processes are an obstacle. Explore the top 3 reasons for resistance to digital transformation and how overcoming them can pave the way for growth and efficiency. Discover why embracing automation and digital solutions is crucial for success in today's competitive landscape. Discover how GoDocs helps commercial lenders in the digital era with seamless integration and a borrower-focused approach.

Lending

Independent Banker

JULY 31, 2022

Illustration by Jill DeHaan. Fallout from recent global events presents an obstacle to generating revenue for community banks. How can they counteract these effects and maximize financial efficiency? As we enter budgeting season, the answers might be found in a mix of strategies. By Elizabeth Judd. Since COVID-19, profitability planning for community banks has mainly hinged on how the government was coping with the pandemic and the key role financial institutions played in keeping the economy af

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Strategy Community Bank Louisville Community 135

Independent Banker

JULY 31, 2022

Following their stints as interns, Malvern Bank retained the talents of (L to R) Cody Sorenson, Keegan Wederquist and Adam Konfrst, hiring them as full-time, mid-level team members. Photo: Colin Conces. A mass exodus of the U.S. workforce during the pandemic brought challenges in recruiting entry- to mid-level staff. These community banks share how they have (or haven’t) altered their hiring strategies.

Community Bank 91

Community Bank Community Iowa Louisville 91

Independent Banker

JULY 31, 2022

When Rockland Trust synced up with an ICBA ThinkTECH Accelerator grad to launch a virtual digital banking platform, it took relationships between the community bank and its customers to a whole new level. By Colleen Morrison. For Rockland Trust, a $20 billion-asset community bank in Rockland, Mass., strengthening digital bank interactions has been a priority, but how to do it while supporting the customer relationship proved to be a challenge.

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Innovation Community Bank Video Community 91