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Bank Value: Here is a Better Way to Calculate and Manage

South State Correspondent

This article examines why the standard way to value a bank is flawed and how to have a better methodology. The Better Way to Calculate Value: Customers and Product If you lower deposit rates in this market, you will likely lose customers to competition that may be paying 5% or greater. Now, we want to add another layer.

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How To Pay The Millennial Workforce

PYMNTS

Over the past two years, demand for mobile and digital P2P payments has risen notably (to the point that many FIs now consider such services a must-have), said Fiserv ’s Jeff McCrory, director of product marketing. Dee p Dive: How RTP Has Changed the Bill Payments Game. At present, about 5,100 FIs offer Zelle. In the U.S.,

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How To Manage Millennials

Banking 2020

Effectively leading millennials requires understanding the collective experiences, values and motivators that make this group “tick.” Millennials, generally defined as the demographic cohort born between 1982 and the early 2000s, will account for half of the American workforce by 2020. Be transparent. Make work feel like play.

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The Millennial Dilemma – To Buy Or Not To Buy A Home?

BankBazaar

W hile owning a home is a dream come true for most millennial s , if you don’t do the math right, you’ll end up despising what was meant to be a profitable investment. As per your local real-estate market conditions, equity also grows as the value of your home rises. How To Choose? Have you made up your mind yet?

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4 Ways to Reach Aging Consumers About COVID-19 and Vaccines

Perficient

While the Centers for Disease Control and Prevention(CDC ) recommends healthcare consumers over 65 get vaccinated, few communications have targeted these groups or provided understanding and navigation to how to access the vaccine in their community. How are you reaching them? Create a rollout plan that considers your older patients.

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What #Banking Trend Will Have the Greatest Impact on Your Bank?

Jeff For Banks

The Fed has paused for nearly a year now, and it was our experience in 2006-07 that bank cost of funds continued to increase as the market closed the delta between what someone could earn in a money market mutual fund and a bank account. But not until $1 trillion went from banking to money markets.

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The role and challenges of financial institutions in the small multifamily rental market

Abrigo

The topic of affordable rental housing is likely to be an increasingly popular one in the coming years, given the number of baby boomers expected to downsize as they retire and the rising share of millennials choosing rentals over homeownership.

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