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Executive committee members tell us what advocacy issues they’ll be focused on during their terms, while board members share their words of wisdom for up-and-coming community bankers: themselves. To sum it up, these leaders are all in and all heart for communitybanking. We are not Wall Street banks—we are communitybanks.
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, communitybank loan producers were faced with both record-low interest rates and a glut of deposits. Ag lending in the South: Relationships matter. By Ed Avis.
Most banks will target around 6% of revenues next year for their marketing budget, and banks with strong brands and marketing programs target above 7%. Both speakers presented the bulk of the opportunity to start around custody of these digital assets and then crypto rewards products and lending against such assets.
Dimon went on to discuss, at some length, the “mission-critical” services that big banks can supply are the types of things “regional and communitybanks simply cannot do.”. The CFPB head noted his agency’s mandate and mission to curtail egregious lending in autos and that $300 million has been recovered.
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