Independent Banker

DECEMBER 31, 2021

If 2020 was the year no one expected, 2021 was a year of resetting expectations. Between a smoldering pandemic, the divisive political landscape and strong, albeit uneven, growth, there was a lot to account for in 2021, and some uncertainty remains. Janet Silveria, Community Bank of Santa Maria. What changes will 2022 bring?

Community Bank 144

Community Bank Community Lending Louisiana 144

Independent Banker

JANUARY 31, 2022

Southern Bancorp partners with other community banks to increase loan accessibility and financial literacy to low-income customers. As CEO of Southern Bancorp, Darrin Williams wants to promote relationships between community banks and CDFIs to create more prosperous communities. Better serving its communities.

Community Bank 172

Community Bank Community Leadership Arkansas 172

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, 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

PYMNTS

DECEMBER 8, 2020

Then she builds a loyalty community for her wedding by sharing her diamond number (phone number) with friends, family and wedding guests, so that all of their purchases count toward her account. Our entire leadership team really believes in this service mentality,” she noted. Cook is bullish on 2021.

social media 215

social media Community Retail Leadership 215

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 98

Community Bank Community Fintech Leadership 98

PYMNTS

JANUARY 22, 2021

In " A Look Forward: What Executives Wish for America and the World in 2021 ," Doug Brown, senior vice president and general manager, NCR Digital Banking , discusses how financial institutions should evolve to remain relevant and build customers' trust. In 2021, things aren’t going to slow down. It’s been a year of rapid change.

Innovation 172

Innovation Tools Leadership Customer Experience 172

Independent Banker

JUNE 30, 2022

We asked community bankers and experts for their advice on ensuring employees feel a sense of belonging. 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. By Roshan McArthur.

Community Bank 91

Community Bank Community Leadership Millennials 91

Independent Banker

JULY 31, 2022

These community banks share how they have (or haven’t) altered their hiring strategies. According to the BLS, “quit levels and rates” by employees is higher in all employment sectors than it is in “finance and insurance” specifically, which is where community banks would fall (see table below). Photo: Colin Conces. By William Atkinson.

Community Bank 91

Community Bank Community Iowa Louisville 91

PYMNTS

FEBRUARY 7, 2019

He will remain in that role until September 12, 2021. Together with Bill’s leadership and our new SunTrust teammates, we’re going to bring the best of both companies forward to serve our clients and communities.”. The new combined entity will be based in Charlotte, N.C., King, taking the reins as the CEO of the two companies.

Charlotte 149

Charlotte Leadership Regional Community 149

FICO

MAY 24, 2021

year over year in 2021 to $327.5 To drive the responsible use of AI in their organizations, senior leadership and boards must understand and enforce auditable, immutable AI model governance. It’s clear that the business community is committed to driving transformation through AI-powered automation.

Study 98

Study Leadership Regulation Analytics 98

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

Perficient

MAY 21, 2021

Perficient Bright Paths is a program designed to advance STEM education and career opportunities for underrepresented constituencies and communities. She taught herself Python in order to pass Bright Paths technical interview for admissions and will be graduating from Bright Paths in June 2021. Bright Paths Project: Grow Better.

Milwaukee 348

Milwaukee Software Course Detroit 348

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. By Judith Sears.

Arkansas 168

Arkansas Community Bank Community Operations 168

Independent Banker

JUNE 30, 2022

Last year, community bank loan producers were faced with both record-low interest rates and a glut of deposits. But as they always do, they came through for individuals and businesses in their communities with a combination of personalized service and prudent risk management practices. First Community Bank of the Heartland, Inc.

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

Abrigo

NOVEMBER 2, 2021

With the 2021 change in administration in Washington, D.C., On January 1, 2021, the Senate voted into law the National Defense Authorization Act (NDAA). In 2021 and forward, AMLA brings to top of mind the importance of the culture of compliance. See Part I: Implications for Community Financial Institutions. Learn More.

Compliance 195

Compliance Regulation Resources Policies 195

PYMNTS

JANUARY 13, 2021

As the 2021 season kicks off, Girl Scouts are including contact-free pickup and delivery orders through a new national collaboration with Grubhub and opening up cookie ordering nationally to the public on Feb. Responding to the pandemic, the organization noted in a Tuesday (Jan.

National 166

National New York Leadership Analysis 166

Jeff For Banks

AUGUST 2, 2021

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 In 2021, we are up to over $70 million, mostly investment properties. million in loans in the two locations. million in loans.

Community Bank 78

Community Bank Community Minnesota Metro 78

Abrigo

FEBRUARY 23, 2022

The ABA stated in its October 2021 State of Digital Lending report that “baby boomers, who until 2020 lagged in digital adoption, upped their online game, with 68 percent skipping human interaction to make a decision about banking products, up from 55 percent before the pandemic.” Knowing Your Customer. The traditional institution advantage.

How To 195

How To Lending Software Survey 195

Abrigo

FEBRUARY 8, 2024

billion was lost to fraud through social media between January 2021 and June 2023. Some options include: In-person fraud prevention seminars, either held at a branch location or a local community center. While interacting with friends and family online can be a fun pastime, social platforms are a feeding ground for fraudsters.

Fraud 195

Fraud Resources social media Software 195

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

Independent Banker

JULY 2, 2022

But instead of touting its own accomplishments during its 150th anniversary, FNB turned the spotlight onto another cherished community institution: the Fort Smith Boys & Girls Club. The clubhouse at the Jeffrey location, a community gathering place since 1978, was in dire need of improvements. Putting community first.

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. We worked with the Texas Department of Housing and Community Affairs to jumpstart its down payment assistance program,” recalls Schaeffer. “We

Austin 91

Austin Texas Community National 91

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. How do I calculate that ROI?

Conference 108

Conference Community Bank Community Tools 108

Gonzobanker

DECEMBER 22, 2020

And how did community banks and credit unions respond to the COVID craziness? Our clients showed banking at its best – obsessed with customer well-being, good corporate citizenship, and strong community focus. Expect more cost-driven MOEs in 2021! We compressed about five years of change into about six months.

Idaho 160

Idaho Community Industry Strategy 160

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. We are in awe. Seriously in awe.

Fintech 191

Fintech Community Regional Technology 191

Gonzobanker

JULY 10, 2020

In a recent Fortune survey, 55% of corporate executives said they expect to return to 2019 capital spending levels sometime in 2021. Community-based institutions have unique circumstances (and personal viewpoints) that impact how they see the world in the future and what planning will look like for them. Getting Back to Work.

Risk Management 88

Risk Management Capital Strategy social media 88

Jeff For Banks

DECEMBER 10, 2023

Although the 2022 Top 5 are holding their own and two of them remain in today's Top 5, the 2021 edition included one bank that failed (SVB Financial Group) and one that is voluntarily liquidating (Silvergate). Communities First Financial Corporation (Now FFB Bancorp) (OTCQX: FFBB) #2. What a difference a year makes! The Bancorp, Inc.

Fresno 100

Fresno North Carolina Raleigh FDIC 100

PopularBank

MARCH 3, 2021

She received her appointment during the Board’s meeting on February 5, 2021. JA New York aims to empower youth and create stronger communities. Now more than ever, students throughout our communities are in need of the support and resources that will help them achieve a brighter future.

New York 52

New York Community Leadership Resources 52

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. By Beth Mattson-Teig.

Community Bank 91

Community Bank Community Tampa North Carolina 91

PopularBank

OCTOBER 7, 2021

Popular celebrated turning 128 years old on October 5, 2021. While so much has changed, what remains the same is that we are more committed than ever to providing exceptional service to our customers and communities. We are here to be a lifeline to our customers and communities.

Puerto Rico 52

Puerto Rico Virgin Islands Community United States 52

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

CFPB Monitor

OCTOBER 3, 2022

Presumably, the current leadership of the CFPB would favor the reduction of the closed-end loan reporting threshold to the 25 originated loans in each of the prior two years level set by the October 2015 rule. Additionally, prior to that rule, the reporting of open-end lines of credit was optional, so there was no reporting trigger. .

DC 78

DC Report District of Columbia Data 78

Gonzobanker

FEBRUARY 20, 2021

GonzoBanker mothership Cornerstone Advisors’ recent What’s Going On In Banking 2021 research points to digital account opening being the top bank tech replacement priority in mid-size banks for the third year in a row. It’s amazing what a couple of years and some key leadership changes can do for a company. There is no going back.

Digital Banking 97

Digital Banking Lending ATM Atlanta 97