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Best Community Banks to Work For 2022

Independent Banker

Community Financial Services Bank, Benton, Ky.; In our annual workplace survey, employees of ICBA’s best community banks to work for told us they benefit from engaging cultures, opportunities for advancement and innovative benefits. We don’t operate from a position of fear.”. We don’t operate from a position of fear.”.

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7 ways community banks can boost profitability

Independent Banker

Here’s what community bankers need to know when planning their budgets for the next year. These days, there’s a lot to contend with as a community bank, from changing consumer behaviors due to the pandemic to uncertainty surrounding the economy and inflation. By Cheryl Winokur Munk. Quick stat. Source: 2021 Provident Bank survey.

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Santander Adds Three Lending Executives

PYMNTS

Santander Bank has announced three high-level appointments, two overseeing lending operations and another overseeing marketing, according to a press release. from Tuskegee University, an MBA from the University of Chicago and an M.S. Patrick Smith was named head of Small Business Banking. Smith holds a B.S.

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Stay On CFPB Payday Lending Rule Upheld

PYMNTS

The Kraninger-proposed rollback of the aforementioned underwriting requirements came last month, and several trade groups, such as the Community Financial Services Association of America, had asked Judge Yeakel to delay compliance dates until the underwriting rollback had been completed. This is still illegal federally.”

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Data privacy: How to keep customer data safe

Independent Banker

But as the prevalence of security breaches grows, so do the opportunities for community banks to position themselves as guardians of their customers’ personal data through compliance, technology and relationship building. Shielding sensitive customer information from prying eyes remains a chronic industry challenge. By Katie Kuehner-Hebert.

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PayPal On Bringing Data Firepower To Bust Illegal Gun Trafficking

PYMNTS

With that transactional data in hand, PayPal can help the law enforcement community fine tune its efforts to stop the sale of illegally sourced guns and, by extension, reduce criminal misuse of those guns. But if you think about trafficking,” he said of the flow of illegal firearms, “there’s a huge financial backbone to these operations.

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With Capped Fees, Dining Aggregators May Face Tough Post-Covid Future 

PYMNTS

Last month, Chicago announced a 15 percent delivery cap on what third-party aggregators can charge restaurants. We remain concerned that pricing regulations like this one could result in higher costs for customers, which could lead to fewer orders for local restaurants and fewer earning opportunities for Dashers.”.

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