Celent Banking

JUNE 22, 2017

The Italian cruise ship Costa Concordia capsized and sank after striking an underwater rock off Tuscany, in January 2012, resulting in 32 deaths. One noteworthy item in its 2017 study is the continuous measured decline in average monthly teller transaction volume from 1992 – 2012. Source: 2017 FMSI Teller Line Study.

Study 125

Study Community Bank Trends Analysis 125

Abrigo

FEBRUARY 16, 2016

Based on filings with the IRS, however, reporting nonprofits’ revenues and assets grew more quickly between 2012 and 2013 than did their expenses, the Urban Institute said. notes that some nonprofits facing tighter funding from federal and state governments are turning to community banks for commercial loans and lines of credit.

Analysis 150

Analysis Lending Community Bank Community 150

Abrigo

AUGUST 9, 2017

Avert Risk The OCC’s October 2012 Supervisory Guidance notes that financial institutions that perform stress testing “have the ability to minimize the impact of negative market developments more effectively” than those that do not have a stress testing process in place.

Columbus 150

Columbus Ohio Strategy FDIC 150

PYMNTS

APRIL 18, 2019

Piepszak has been with the company for 25 years, serving in a number of senior roles in the corporate and investment banking business, as well as the consumer and community banking division. Lake has served as CFO of JPMorgan since 2012.

Lending 109

Lending Community Bank Operations Community 109

Abrigo

APRIL 10, 2017

He showcased several statistics, including that, while the number of credit unions in the United States has declined since 2012, the number of credit union members in the U.S. The first module that Ancin covered during the webinar was the current state of credit unions and the current regulatory environment.

Regulation 150

Regulation United States Lending Community Bank 150

Independent Banker

JULY 30, 2015

Leading a team of marketing and communications experts, he is an outside-the-box thinker who believes strongly in the mission of the organization and the importance of community banks. Our members are thought leaders and visionaries who are the backbone of every community,” he says. Community Banking Month.

Resources 70

Resources social media Marketing Tools 70

PYMNTS

SEPTEMBER 12, 2018

Regional and community banks also saw their small business loan approval rates increase, with small banks approving 49.8 According to Biz2Credit, this is the highest approval rate for small banks since November 2014. percent approval rating in March of 2012, Biz2Credit noted.

Lending 102

Lending Community Bank Taxes Community 102

Independent Banker

OCTOBER 29, 2014

Army Infantry Platoon leader who became a community banking manager. It’s no different in community banking. When I returned home from the deployment, the support I had from my community was clear—the same way Think Mutual Bank supports its local community. By Jeff Sabatke. It was 1 a.m. Paul, Minn.,

Minnesota 98

Minnesota Community Community Bank Maine 98

Abrigo

DECEMBER 16, 2019

Ours, who is Senior Vice President and Director of Credit Administration of Summit and its 32-location bank subsidiary, Summit Community Bank Inc., Ours said that for Summit Community, which decided to use the cohort methodology, which is a loss migration approach, the choice came down to the availability of quality data. “We

West Virginia 195

West Virginia Virginia Data Community 195

ABA Community Banking

NOVEMBER 25, 2019

As bank consolidation continued, between 2012 and 2017, the number of bank branches declined by 7% across all counties, according to a new research study published by the Federal Reserve today. The post New Fed Survey Examines Effects of Branch Closures on Communities appeared first on ABA Banking Journal.

Survey 53

Survey Community Study Community Bank 53

Jeff For Banks

MARCH 29, 2014

These services are provided through a variety of delivery systems including automated teller machines, private banking, telephone banking and Internet banking. We believe we can effectively compete as a community bank in our market area and the niche markets we serve. We focus our marketing efforts in three areas.

Strategy 100

Strategy Texas San Antonio Fort Worth 100

Gonzobanker

OCTOBER 15, 2014

My heart goes out to the hard working professionals who run the Treasury Services or “Cash Management” divisions at community banks. Sure, it’s easy to poke fun at the big banks for being slow and bureaucratic. “Revenue is vanity … margin is sanity … cash is king.” Let’s call it out, GonzoBankers.

Management 101

Management Community Bank Community Resources 101

Independent Banker

OCTOBER 29, 2014

Patti Renner, Knotice’s director of marketing, points out that this news should concern any community bank that is not sending out mobile optimized emails, or emails that “render well on a mobile device.” Renner advises community bankers to get a feel for how their emails are coming across to consumers by running their own tests.

San Diego 88

San Diego Ohio Mobile Community Bank 88

American Banker

AUGUST 28, 2016

Roughly once a quarter senior executives at Community Bank in Brandon, Miss., The trips are part of a management training course known as the Falcon Program that took flight in 2012. take a select group of up-and-coming managers on a three-day retreat.

Community Bank 28

Community Bank Training Mississippi Community 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. Could this need for personal financial management prove to be a viable niche for community financial institutions?

Boston 84

Boston DC Community Community Bank 84

Independent Banker

AUGUST 26, 2015

A New Accounting Twist—ICBA’s accounting expert James Kendrick tells community banks to closely watch for the Financial Accounting Standards Board’s pending new standards for recognizing credit losses, much earlier than currently required. Under the FASB plan, banks would instead take a hit the moment they make a loan.

Community Bank 70

Community Bank Community Regulation Connecticut 70

Independent Banker

FEBRUARY 16, 2015

These reforms—one enacted by Congress, another by regulators—are designed to improve access to capital and to even reporting requirements for community bank and thrift holding companies. The new law increases bank and thrift holding company access to the Small Bank Holding Company Policy Statement. New year, new law.

Washington 70

Washington Community Bank Policies Community 70

PYMNTS

FEBRUARY 19, 2018

According to a report, the new group of banks to now support Apple Pay include American Eagle Financial Credit Union, Central Virginia Federal Credit Union and Community Bank & Trust of Florida, among others. banks by assets have made 81 deals with FinTech companies since 2012 — and more than $4 billion in funding.

Payments 144

Payments Apple Comparison Virginia 144

Jeff For Banks

DECEMBER 22, 2013

For comparison purposes, here are last year''s top five , as measured during December, 2012: #1. Bank of the Ozarks, Inc. #3. Especially if I believe community banks must increasingly be known for some niche to differentiate. The bank achieved a year-to-date ROA of 1.24% and ROE of 14.16%. BofI Holdings, Inc. #2.

Community Bank 84

Community Bank Atlanta Community Strategy 84

Independent Banker

AUGUST 25, 2016

to boost your community bank’s. With the average individual spending 100 minutes on social media each day, it’s entirely possible for community banks to share some of that screen time. According to McIlwain, there’s “no right answer” to which social media channels community banks absolutely must use.

social media 70

social media Community Bank Community Video 70

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. In other words, be a General Bank.

Community Bank 60

Community Bank Community Baltimore Lending 60

Jeff For Banks

AUGUST 14, 2022

In 2012 the Obama administration launched "Operation Choke Point" ("OCP") which was designed to ensure banks considered the risk of banking payday lenders that were engaged in abusive practices. Because we are going after "climate related businesses." Again, legal businesses that are politically out of favor.

Operations 78

Operations Lending Industry FDIC 78

Jeff For Banks

FEBRUARY 27, 2016

Except the bank never achieved greater than a 0.55% ROA and a 6% ROE. Say what you will about ING Bank USA, but don't say it was very profitable. And it sold in 2012 for around book value. The point of this post, and I do have one, is that Zenbanx needed a bank to get off of the ground. But I digress.

Fintech 60

Fintech Kansas Community Bank Capital 60

PYMNTS

MARCH 25, 2020

OceansFirst has been busy over the last week, sharing documents and templates for forbearance and others with banks as far away as Washington State. The bank had used these documents in the aftermath of Hurricane Sandy in 2012, which ravaged the east coast back then.

Kansas City 115

Kansas City Wyoming New Jersey Kansas 115

Independent Banker

SEPTEMBER 22, 2015

Then Thurston First Bank stepped in. The $120 million-asset community bank made the reverse move and relocated from the outskirts of the city into a vacant building in the heart of downtown. “We We decided to be part of the revitalization of downtown,” says Jim Haley, president and CEO of Thurston First Bank.

Illinois 70

Illinois Community Retail Community Bank 70

South State Correspondent

OCTOBER 25, 2023

Over the last ten years, from 2012 to 2022, checks by volume have declined some 57%. Checks will become too costly for the household, business, and bank to process. National and many community banks want to integrate into the accounting and enterprise resource planning (ERP) software (example below).

Fraud 195

Fraud ATM Payments Management 195

Jeff For Banks

DECEMBER 29, 2020

It was the brain child for the nCino platform, which it formed in 2012 and spun off in 2014. While the S&P US BMI Banks Index was down 16%, FDBC held serve. This puts its price to tangible book ratio slightly north of 2x, high by traditional community bank standards today. Their 3Q ROA was 1.15% and ROE was 12.42%.

North Carolina 113

North Carolina Capital Community Bank Wisconsin 113

Independent Banker

AUGUST 25, 2016

Missouri Bank sharpens focus on trimming expenses. When John Zimmer took over as president of HNB National Bank in Hannibal, Mo., in 2012, he figured there was likely some fat to be trimmed. Zimmer says community banks shouldn’t be hesitate to negotiate with their vendors. By Ed Avis. Can we talk about that?’.

National 70

National Community Bank Missouri Community 70

American Banker

JANUARY 27, 2020

Luis Massiani has been the company's chief financial officer since 2012.

Company 58

Company New York Community Bank Community 58

Jeff For Banks

DECEMBER 26, 2012

This has led to a mind blowing net interest margin of 6.01% for the quarter ended September 30, 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. Well done! #3.

Texas 78

Texas National FDIC Capital 78

Independent Banker

SEPTEMBER 22, 2015

Recently Congress passed the Biggert-Waters Flood Insurance Reform Act of 2012, followed by the Homeowner Flood Insurance Affordability Act of 2014 (HFIAA). Both of these laws pointedly changed the National Flood Insurance Program requirements over which of the banking agencies have jurisdiction. Small-lender exception.

Regulation 70

Regulation Policies Community Bank Taxes 70

Jeff For Banks

DECEMBER 7, 2019

It is the Mountlake Terrace, Washington holding company for 1st Security Bank, a $1.7 billion in assets community bank with 22 branches that encircle the Seattle Sound. Their vision is simple: "Build a great place to work and bank." It is the $888 million holding company for Plumas Bank. First Capital, Inc.

Indiana 60

Indiana Oregon South Dakota Community Bank 60

Jeff For Banks

OCTOBER 29, 2016

I recently mentioned to a community bank management team that community financial institutions are slower to close branches because their decision making goes beyond the spreadsheet and market potential. Community bankers know the town mayor, and key business leaders. deposit market share in 2012 to a 80.7%

Training 60

Training FDIC Community Resources 60

Jeff For Banks

MAY 31, 2017

In Brett King's 2012 book, Branch Today, Gone Tomorrow , he called for a 50% reduction in branches while asking what would banking look like in 2015. Between 2012 and 2015, there was a 4% branch reduction. I also believe that branches can be developed as competitive advantages for community financial institutions.

Branch Strategies 60

Branch Strategies Groups DC Fintech 60

Jeff For Banks

DECEMBER 1, 2015

“[Sample] Bank has reinvented banking with the opening of the [Branch of the Future]. To experience the future of banking today, simply step across the threshold.” So went the 2012 press release announcing the opening of the next generation of the bank branch. Not very inspiring.

Pennsylvania 60

Pennsylvania Community Bank Community Taxes 60

Jeff For Banks

MAY 10, 2018

Retail customers are not growing at community financial institutions. If you're a commercial bank, you may be fine if this trend is happening at your institution. Our ALCO meetings have done an about face from the 2012 "what are we going to do with all of this money?" to "how are we going to fund next month's loan pipeline?"

Retail 60

Retail Marketing Community Trends 60

Banking 2020

SEPTEMBER 7, 2015

In 2012, the city of New York passed legislation known as the Responsible Banking Act. In August, a federal court found it unconstitutional, ruling that despite valid concerns, “the means by which it sought to harness banks to redress those concerns intrudes on the province of the federal and state governments.”.

New York City 40

New York City New York Community Industry 40