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South State Correspondent
MARCH 15, 2023
While we wrote about the root cause of the failure of Silicon Valley Bank (SVB) HERE , the lessons of the current banking crisis go beyond interest rate risk management. This article highlights ten not-so-evident lessons of the banking crisis that every banker must consider going forward. This is compared to about 40% at most banks.
Independent Banker
JULY 31, 2022
In 2022, things changed with whiplash speed, as the Fed hiked interest rates to quell inflation, the mortgage refinance market dried up and the effects of macro changes, from the Russian invasion of Ukraine to a talent shortage, began to be felt keenly. Illustration by Jill DeHaan. By Elizabeth Judd. Quick Stat.
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South State Correspondent
MAY 2, 2022
As a result, bankers love the idea of a sales funnel – put enough prospects at the top of the funnel, and a certain number of customers will fall out the bottom. Here is a fun exercise – Ask a bank product team, “How do you grow customers?” Most banks think in terms of linear growth. Add more resources, and you get more customers.
Jeff For Banks
AUGUST 2, 2021
In June 2021, we were up to six locations, $327.6 In 2021, we are up to over $70 million, mostly investment properties. He exemplifies the best of next generation bank leadership, with eyes wide open to the next iteration of banking in our rapidly changing environment. It was so awesome I asked if I can reprint here. million in loans.
Independent Banker
FEBRUARY 24, 2016
“I know that unnecessary regulation saps the strength of community banks.” Federal banking regulators are always alert to emerging safety and soundness issues. IB: What steps should community bankers take to ensure their institutions are secure from cyberattacks? Curry, U.S. Comptroller of the currency. An interview with U.S.
Perficient
MAY 21, 2021
Within mere weeks, 22 women are in the final stages of completing a Perficient-sponsored coding bootcamp in Detroit; their final project includes designing their own apps, all of which serve the world in various ways and all certain to make an impact. Learn More About Perficient’s Bright Paths. Celeste Rowe’s Bright Paths Project: Grow Better.
CB Insights
OCTOBER 31, 2019
In this report, we round up the industries where the real “chatbot revolution” is taking place — and highlight the most important lessons for companies hoping to leverage the technology. Personal finance: Using chatbots to help people manage their spending. Personal finance: Using chatbots to help people manage their spending.
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