South State Correspondent
NOVEMBER 20, 2024
It allows employees to not worry about interest rates by eliminating the risk and complexity of trying to manage a balance sheet. Creating and executing on a strategy that is “simple,” tends to be difficult. To be clear, complexity isn’t bad, it just has more risk and is harder to manage. We need one good one.
South State Correspondent
MAY 31, 2023
Despite that increase in profitability, banks need to be mindful of how they manage their branch and customer base to increase profitability further. The operative question is: given online and mobile banking, what is the new role of the branch? Our point here is branching isn’t a passive activity.
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Cisco
OCTOBER 11, 2021
Whether a retail bank, wealth management firm, credit union, or insurance company with a banking segment, the financial industry is facing dramatic changes on how best to accommodate customers, and what is the appropriate mix between brick-and-mortar bank branches, remote work, self-service ATMs, and digital platforms.
Independent Banker
JULY 31, 2022
Before 2022, says Thomas Grottke, managing director at Crowe LLP, “a lot of factors were going right. I counsel my community banks to be careful about extreme growth in rising rate environments,” says Jim Adkins, managing partner at Artisan Advisors in Barrington, Ill. Consider your branch strategy. Connors, Jr.,
Gonzobanker
OCTOBER 6, 2014
Is WiFi necessary in the branches? Is employee Internet usage managed? Ethernet offers greater change management flexibility, additional stability and a desirable cost structure at higher bandwidths. Contact Cornerstone today to talk about reaching best practice levels for your telecom contract management.
Jeff For Banks
FEBRUARY 21, 2015
Another day, another convoluted organizational structure that includes “small business bankers” that are dispersed into the branch network to shore up branch capabilities. If not small business bankers, it’s “cash management officers”, or “business development officers”. There you have it! Did I miss anything?
South State Correspondent
MAY 1, 2024
One of the best tips we ever received was to target retiring executive managers from companies and trade organizations and offer them part-time work to advise and introduce the bank to their network. Pair the newly hired COI with an organized banker and the new accounts will follow.
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