Gonzobanker

FEBRUARY 8, 2023

billion in Q4 2022, down 79% from Q4 2021. The total number of deals funded dropped from 423 in Q4 2021 to 342 in Q4 2022, representing a 73% decline in the average funding amount per raise from $43 million down to $11.4 Community Banks as Venture Capitalists In fact, not all providers of venture capital are venture capitalists.

Community Bank 99

Community Bank Community Fintech Leadership 99

Independent Banker

JULY 31, 2021

Because the community bank business model relies on our employees as our strongest assets, recruiting and retaining top talent has always been a chief priority. Take a look at the recently published results of the 2021 Crowe ICBA Compensation Benefits Survey. We also have to rethink how we position community banking as a career.

Community Bank 172

Community Bank Community US Industry 172

Independent Banker

FEBRUARY 28, 2022

What it means for community banks is clear. Numbers from the second and third quarters of 2021 would indicate that a decline to more historically normal levels of activity is underway. Download Finastra’s white paper Developing leaders in mortgage lending – Navigating an uncertain market with strong leadership strategies.

Leadership 91

Leadership Strategy Lending Community Bank 91

Independent Banker

JUNE 30, 2022

If community banks put in the effort to foster a sense of belonging, the result is a stronger workplace culture, greater employee loyalty and, ultimately, a better experience for customers. So, how can community banks build truly inclusive cultures, where everyone feels like they belong? Misti Stanton, Mercantile Bank.

Community Bank 91

Community Bank Community Leadership Millennials 91

ABA Community Banking

OCTOBER 19, 2021

Scott Anderson, a consummate behind-the-scenes leader, steps into the spotlight as ABA’s 2021-22 chair. The post The Fine Art of Banking and Leadership appeared first on ABA Banking Journal.

Leadership 72

Leadership Resources Community Bank Community 72

Independent Banker

JULY 31, 2022

Following their stints as interns, Malvern Bank retained the talents of (L to R) Cody Sorenson, Keegan Wederquist and Adam Konfrst, hiring them as full-time, mid-level team members. These community banks share how they have (or haven’t) altered their hiring strategies. Eclipse Bank: Reputation matters. Total employment.

Community Bank 91

Community Bank Community Iowa Louisville 91

Independent Banker

AUGUST 31, 2020

Bolstered by the unfailing dedication of community banks, our communities will continue to weather the storm. In response to the ongoing impact of COVID-19, community bankers will continue to unfailingly support and lift up our nation’s communities. Our role is to ensure their connectedness and long-term success.

Community 119

Community Community Bank Leadership Conference 119

Independent Banker

SEPTEMBER 30, 2021

Under Larry Wilson’s leadership, First Arkansas Bank and Trust’s branch on the Little Rock Air Force Base was named the 2020 Air Force Bank of the Year. Community banks operate on a majority of the country’s military installations. Community banks comprise more than two-thirds of the 66 banks operating on U.S.

Arkansas 168

Arkansas Community Bank Community Operations 168

Jeff For Banks

AUGUST 2, 2021

One of my tweeps (Twitter friends), is Andy Schornack, CEO of Flagship Bank Minnesota, based in Wayzata. He exemplifies the best of next generation bank leadership, with eyes wide open to the next iteration of banking in our rapidly changing environment. In June 2021, we were up to six locations, $327.6

Community Bank 78

Community Bank Community Minnesota Metro 78

Independent Banker

JUNE 30, 2022

The Peoples Bank helped the Jones family of Legacy Dairy in Hiseville, Ky., From left, Ally Jones; bank chairman, president and CEO Terry L. Last year, community bank loan producers were faced with both record-low interest rates and a glut of deposits. The bank provides crop insurance to farmers in 11 states.

Community Bank 172

Community Bank Community National Philadelphia 172

American Banker

OCTOBER 2, 2023

The $23 million deal, signed in 2021 and initially projected to close in the second quarter of 2022, was delayed multiple times amid leadership turnover at the Los Angeles-based RBB.

Los Angeles 83

Los Angeles Leadership Community Bank Industry 83

Jeff For Banks

MAY 9, 2024

I still find this to be a challenge at community banks. So the engineering firm ends up at "Big Bank", and the community bank wonders why. I described the problem to the Lendio guy, and we had a back-and-forth on how community banks can solve it. They want to grow small business deposits.

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Conference Community Bank Community Tools 110

ABA Community Banking

SEPTEMBER 23, 2021

The American Bankers Association’s nominating committee—chaired by Laurie Stewart, president and CEO of Sound Community Bank, Seattle—has selected a slate of candidates for association officer positions and candidates for the association’s board of directors.

Seattle 40

Seattle Community Bank Community Leadership 40

The Financial Brand

OCTOBER 21, 2020

How banks and credit unions responded to the pandemic can help them solve thorny technology, data, leadership and culture challenges. The post COVID Lessons Community Financial Institutions Must Apply in 2021 appeared first on The Financial Brand.

Community 39

Community Leadership Branding Data 39

Independent Banker

JULY 2, 2022

“We wanted to celebrate by announcing a gift [for] our community to show our gratitude [for being able to] serve this community over 150 years and give back some of the profits we’ve accumulated over the years,” he says. Sicard’s family has a long history in Fort Smith and at the bank, having held leadership positions since 1907.

Arkansas 91

Arkansas Community Community Bank National 91

Independent Banker

AUGUST 31, 2022

Daniel Galindo, pictured, and Doug Schaeffer of Woodforest National Bank helped involve the community bank in providing funding for and access to affordable housing. The 183-unit Melrose Trail in Austin, Texas, is one of the properties backed by Woodforest National Bank. Maximizing NOAH.

Austin 91

Austin Texas Community National 91

Independent Banker

DECEMBER 31, 2022

We recently spoke with community bank CEOs from across the country to gain insights on how they’re proactively positioning to manage risks and take advantage of growth opportunities in the coming year. Following some respite in 2022, community bankers are bracing for a tougher economic landscape ahead in 2023. Corey Neil.

Community Bank 91

Community Bank Community Tampa North Carolina 91

ABA Community Banking

JANUARY 14, 2021

On the latest episode of the ABA Banking Journal Podcast, ABA Government Relations Council Chair Jim Rieniets outlines policy areas where ABA will focus in 2021. The post Podcast: The Year Ahead in Banker Advocacy appeared first on ABA Banking Journal.

Policies 59

Policies Leadership Community Bank Lending 59

ABA Community Banking

JULY 15, 2021

The American Bankers Association today announced that Washington state banker Brent Beardall will chair its American Bankers Council—the banker-driven peer group for midsize bank chief executives—for the 2021-22 membership year.

Washington 59

Washington Groups Leadership Community Bank 59

ABA Community Banking

OCTOBER 6, 2021

The American Bankers Association today congratulated the women named to American Banker Magazine’s “Most Powerful Women in Banking,” “Women to Watch in Banking” and “Most Powerful Women in Finance” lists for 2021. Many of them are current and former members of ABA’s board, councils and committees.

Resources 49

Resources Leadership Community Bank Community 49

Independent Banker

AUGUST 31, 2021

This year’s winners: Left: Central Valley Community Bank, People’s Choice Award; Middle: Kennebec Savings Bank, Exceptional Community Bank Service Award; Right: Cross River Bank, Emerging Service Program Award. Exceptional Community Bank Service Award. Kennebec Savings Bank.

Community Bank 196

Community Bank Community National Fresno 196

The Financial Brand

JANUARY 30, 2022

In 2021, a record number of credit unions acquired banks. The post Credit Unions Are Buying Banks at a Breakneck Pace: Here’s How the Deals Work appeared first on The Financial Brand - Banking Trends, Analysis & Insights. Don't be surprised to see this number double in 2022.

Banking Trends 31

Banking Trends Analysis Trends Branding 31

Social Assurance

JANUARY 11, 2021

As financial marketers finalize their 2021 marketing plans, the focus for the the new year will center on executing new organizational goals, addressing changing consumer demands and behaviors and learning and experimenting with new marketing channels and tactics in evolving their marketing strategy. LinkedIn Live Events.

social media 15

social media Branding Trends Tools 15

Social Assurance

JANUARY 11, 2021

As financial marketers finalize their 2021 marketing plans, the focus for the the new year will center on executing new organizational goals, addressing changing consumer demands and behaviors and learning and experimenting with new marketing channels and tactics in evolving their marketing strategy. LinkedIn Live Events.

social media 15

social media Branding Trends Tools 15

Gonzobanker

DECEMBER 19, 2022

In 2021, there were more than 120 fintech IPOs in the U.S., 2022 was the year the fintech industry and venture capital firms figured out that banking is harder than everybody thought. Hats off to Thomas Shara at Lakeland and Tony Labozzetta of Provident for architecting the new $25 billion super-community bank in New Jersey.

Community 216

Community Fintech Industry Innovation 216

Independent Banker

SEPTEMBER 30, 2021

In this feature, we’ll look at a number of ways you can continue to build trust—an especially crucial task as the pandemic continues, telecommuting persists and consumer banking practices evolve. But for most community banks, building a trustworthy brand isn’t a conscious effort. billion-asset community bank.

Community 139

Community Community Bank social media Security 139

Gonzobanker

DECEMBER 22, 2020

Banks and credit unions had to fundamentally change their delivery, support and relationship management models at scopes and speeds that were unheard of. And how did community banks and credit unions respond to the COVID craziness? Expect more cost-driven MOEs in 2021! Bank Deal of the Year PNC nabs BBVA USA – paying 1.3

Idaho 179

Idaho Community Industry Strategy 179

Fintech Labs Insights

AUGUST 22, 2024

Fall 2021 (New York): Array: Raised $67M, continues expansion in credit monitoring and management solutions, receiving positive industry reviews. Autobooks: Raised $98M, small-business accounting software, increasingly integrated by banks, showing strong growth.

San Francisco 15

San Francisco New York San Jose Tools 15

Gonzobanker

DECEMBER 14, 2023

Not the financial industry’s “Troublemakers ” – those regional and community banks, credit unions and supporting fintech entrepreneurs who continue to engage customers and communities and find niches that keep the grassroots of our country’s financial system alive and kicking. The subsidiary will break even in next 12-18 months.

Fintech 195

Fintech Community Regional Technology 195

Abrigo

SEPTEMBER 14, 2022

In February 2020, a settlement was reached, and by September 2021 the CFPB had issued the NPRM. Many community banks and credit unions have typically been exempted from this data collection in the past. CFPB alleged that the CFPB unlawfully withheld and unreasonably delayed agency action by failing to implement Section 1071.

Lending 195

Lending Data Regulation Community 195

Gonzobanker

FEBRUARY 20, 2021

The banking competitive landscape has intensified with digital challenger banks like Chime and Varo picking up market share in a digital-first environment already favoring megabanks like Chase and BofA. Digital banking providers answered the demand with digital account opening solutions. There is no going back.

Digital Banking 97

Digital Banking Lending ATM Atlanta 97

Gonzobanker

DECEMBER 17, 2021

Gonzo readers, 2021 was just plain schizophrenic. 2021 fintech investments, merger activities, and overall focus were off the charts. Two, read and enjoy the 2021 GonzoBanker awards, our annual take on the best things we saw during the year. Bank Deal of the Year. Bank Merger of the Year. Doug Larson.

Fintech 146

Fintech Strategy Leadership Lending 146

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.

America 60

America National Denver United States 60