South State Correspondent

AUGUST 22, 2023

The opportunity for the product is that for an average community bank, 83% of their commercial, non-profit, and municipal customers are NOT using treasury management services. This likely creates the most significant single profitability lift for any bank. Unfortunately, most banks have not adjusted their pricing in years.

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Management Community Bank Survey Community 195

South State Correspondent

APRIL 10, 2023

CRE Risk Background While ten years ago, community and regional banks use to make up some 55% of the CRE market, in 2023, these banks now compose approximately 72% (below). The risk here is that community banks continue to take on an above-average amount of CRE credit exposure. touched off a wave of bankruptcies.

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Community Bank Community Los Angeles Regional 195

Jeff For Banks

NOVEMBER 7, 2015

Me to a community banker: Why don't you offer more options than real estate secured lending to help fund early stage businesses? Banker: Because that's not community banking. I've been in this business over 20 years and still don't know the definition of community banking. I've got news for you.

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Community Bank Community Baltimore Lending 60

American Banker

FEBRUARY 26, 2016

billion full-year loss – it hasn't posted a full-year profit since 2007. The company reported a £2.74 billion ($3.83 billion) during the fourth quarter of 2015, compared with a loss of £5.79 billion ($8.1 billion) the year before. RBS also posted a roughly $2.77

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Community Bank Community Report Company 28

Jeff For Banks

JANUARY 11, 2014

According to a 2012 Boston College Center for Retirement Research study , 63% of American males (why only males I do not know) participated exclusively in defined contribution (DC) retirement plans in 2007, up from 47% in 1992. Those that participated in defined benefit (DB) pension plans was 16% in 2007, down from 31% in 1992.

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Boston DC Community Community Bank 81

Independent Banker

FEBRUARY 25, 2015

Coping just fine, community banks in energy-producing regions manage the oil-price plunge. Yet community bankers serving the oil industry say they’ve been expecting a drop in the notoriously cyclical price of crude. Pat Hickman, chairman and CEO of Happy State Bank, a $2.6 By Howard Schneider. New energy regions adapt.

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North Dakota Texas Louisiana Community Bank 70

American Banker

SEPTEMBER 25, 2016

Bancorp wouldn't have much of a wholesale banking business without Leslie Godridge. The wholesale unit's two main business lines are national corporate banking and global treasury management and Godridge, who joined U.S. Bancorp in 2007, has been the driving force in the growth of both.

Maine 28

Maine National Management Community Bank 28

Jeff For Banks

DECEMBER 26, 2012

Access National Corporation New to the august list is Access National, whose mission is to provide credit, treasury management and private banking services to emerging businesses with revenues of up to $100 million. Those buckshot banks don''t have much representation in this top 5 list. Well done! #3. Coincidence?

Texas 75

Texas National FDIC Capital 75

Jeff For Banks

MARCH 3, 2018

Six years ago I asked in a blog post Will Plain Vanilla Kill Community Banking ? In the above blog post, I discussed Apple and Bank of New York Mellon. Sticking with the Apple theme, in 2007, they launched the iPhone. Leader Bank - A $1.2 The bank now licenses the product to other financial institutions.

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Apple Millennials Massachusetts FDIC 64

Jeff For Banks

MARCH 21, 2024

Our lives changed forever from this whole experience of the government’s declaration of a national emergency, leading to forced shutdowns of businesses and schools, mandated mask wearing, forcing 6-foot distances between people, travel restrictions, fear mongering with case and death counts, and forced vaccines/boosters. Oh, brother!

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Marketing Policies Report Atlanta 143

Jeff For Banks

NOVEMBER 3, 2023

We all remember the Great Recession, which began in 2007, but the LEI knew it as early as March, 2006. Mortgage rates are now close to 8.00%; affordability is at its lowest point since 1989, according to the National Association of Realtors. Dorothy has been with Penn Community Bank and its predecessor since November, 2004.

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Marketing Community Bank Policies Community 83

Jeff For Banks

MAY 20, 2017

The Great Recession lasted from the fourth quarter 2007 through the second quarter 2009, according to the National Bureau of Economic Research. We perform this service for dozens of community banks. Indeed, even today, CRE is the most profitable community banking product. The below two charts tell a story.

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Lending Regulation Community Community Bank 60

Jeff For Banks

AUGUST 12, 2018

In my career, I’ve lived through many years of the Fed raising interest rates and it’s my experience that they usually tighten too much and keep rates high for too long, just like in 2001 and 2006-2007. In 2Q18, Bucks County median prices rose year-over-year by 3.9%, compared to the national Case Shiller index at over 6.0%.

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Marketing Philadelphia Omaha US 60

Jeff For Banks

DECEMBER 12, 2017

(Nasdaq: OSBC) Old Second is a single-bank holding company headquartered in Aurora, Illinois. The Bank, Old Second National Bank, lost a whopping $156 million in 2009 and 2010. Independent Bank Corporation (Nasdaq: IBCP) Independent Bank dates back to 1864 as the First National Bank of Iona.

Minnesota 60

Minnesota West Virginia Virginia Iowa 60

Independent Banker

FEBRUARY 25, 2015

Community banks, which will continue to face a growing number of senior customers with everyday cash needs and built-up home equity, should explore this niche lending opportunity, two community bankers providing these specialty loans suggest. The bank has a goal of closing 100 reverse mortgages each month this year.

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Trends Community Lending Community Bank 70

Jeff For Banks

DECEMBER 19, 2015

A summary of the banks, their stories, and links to their website are below. #1. Independent Bank Corporation (Nasdaq: IBCP) Independent Bank dates back to 1864 as the First National Bank of Iona. The bank was hammered with credit problems during the financial crisis, as Michigan's economy was hit pretty hard.

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North Dakota Arizona Michigan Florida 60

Long Lasting Ideas

MARCH 1, 2016

If you don’t believe ebullient bankers translate to a blossoming bottom line, consider this: Live Oak is the nation’s second leading Small Business Administration Lender. Its business has spread nationally and Live Oak folks jet around the country on two company-owned planes to meet face-to-face with clients.

Marketing 40

Marketing Nashville Tampa Community 40

Fintech Labs Insights

AUGUST 22, 2024

Back in the summer of 2007 we had a simple vision for the first Finovate event. UBank (by National Australia Bank): Continued innovation in digital banking services. Spring 2011 (San Francisco): BancVue (now Kasasa): Rebranded as Kasasa, expanded community banking services with innovative banking products.

San Francisco 15

San Francisco New York San Jose Tools 15

Gonzobanker

DECEMBER 17, 2021

Bank Merger of the Year. Some interesting finalists would be: M&T and People’s United Old National and First Midwest Webster and Sterling Columbia Bank and Umpqua. Huntington and TCF merge to create the $170 billion Midwest dynamo and vault them into one of the top 10 banks in the country. The Bank That Gets Fintech.

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Fintech Strategy Leadership Lending 131

South State Correspondent

JUNE 13, 2022

Instantly, the cash flow for those businesses that many community banks lent to is impacted. For some banks, the amount of gas station and convenience store loans is about equal to loans to US businesses that are owned by foreign nationals. Thus, the framework at most banks has these two risks as equal.

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Risk Management Examples social media Management 195

Jeff For Banks

APRIL 14, 2022

2019 Mehrsa Baradaran Baradaran, Mehrsa The Color of Money: Black Banks and the Racial Wealth Gap 2019 Neil Barofsky Barofsky, Neil Bailout: An Inside Account of How Washington Abandoned Main Street While Rescuing Wall Street 2012 Patricia Beard Beard, Patricia Blue Blood and Mutiny: The Fight for the Soul of Morgan Stanley 2007 Ben S.

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America National Denver United States 78

Independent Banker

FEBRUARY 16, 2015

Sherrod Brown (D-Ohio), two lawmakers tapped to lead the Senate Banking Committee for their respective parties, are both independent-minded senators who hold positive views on several priority community banking issues. Richard Shelby (R-Ala.) So I would say he’s open to things we are concerned about.”.

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Community Bank Alabama Ohio Community 70