article thumbnail

The top-performing community banks of 2021

Independent Banker

3-yr average pre-tax ROA. Bank of Montana. pre-tax ROA: 3.08%. pre-tax ROA: 2.83%. In order to compete as a small bank, we have been forced to keep higher-than-peer capital levels, so that our lending limit allows us to service local borrowers’ needs. Tom Swenson, CEO and chairman of the board, Bank of Montana.

article thumbnail

Bankers: Just Do It!

Jeff For Banks

"That's all fine and good, but if your bank doesn't do it or the reporting doesn't get to the front line, how can we improve?" ~ Montana Bankers' Association Executive Development Program Student Sing from the same sheet of music. His top quartile branches in pre-tax profit should receive a greater bonus pool than his bottom quartile.

Montana 78
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

From Farce to Menace

Independent Banker

Even as nearly one-third of Americans are already members of a credit union, it seems there’s almost nothing the NCUA still won’t try to further expand the market reach and special tax-exempt privileges of the credit unions it supervises. Talk about your captive regulator! When credit unions say “jump,” the NCUA says, “how high?”.

article thumbnail

What’s in it for Me? Real Estate Investment Technology

Fintech Labs Insights

Lending Home is open to accredited investors looking to fund real estate investment projects for a term of 12 months or less. Realty Mogul offers a 1031 exchange option for investors for a tax-friendly funding option. Each LRO is paid back to investors when the borrower repays the loan, which ranges from a term of 6 to 12 months.