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Question: Community branch, personal service, mobile banking—which is the odd one out? For some time now, there have been discussions about the future of communitybanks in the age of digital banking. By contrast, the very idea of digital communication seems cold and distant and impersonal. Answer: None.
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The rapid emergence of crowdfunding, alternative lending, and peer-to-peer transactions strongly indicates that small businesses are shifting away from the traditional banking environment. According to FDIC Data Calls as outlined in the Forbes , in the 4th Quarter of 2014, traditional banks’ commercial loan portfolios saw a 3.1%
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