Jeff For Banks

JULY 5, 2022

My Remarks to Bank Client's Annual Meeting of Shareholders "I want to thank [Chairman] and the Board, [CEO] and the management team for asking me to come out and remark on where I think the banking industry is going over the next five years. First Internet Bank in Indiana was founded in 1998. billion in total assets.

Millennials 78

Millennials Community Pennsylvania Meeting 78

Jeff For Banks

APRIL 17, 2010

The Pennsylvania Turnpike’s Valley Forge rest stop is a common waypoint for me on my travels. So why can’t we achieve premium pricing in community banking? Why do our lenders price aggressively to “get the deal done” or branch managers rely on rate promotions to grow deposits? The winner: generic brand.

Branding 60

Branding Management Community Bank Community 60

Independent Banker

SEPTEMBER 25, 2014

Pennsylvania community bank compliance officer, James E. Mastroianni, as vice president for Sweickley Savings Bank, leads much of the compliance efforts at the $330 million-asset community bank in Coraopolis, Pa. IB: How does technology play a role in your bank’s compliance operations? Mastroianni.

Compliance 70

Compliance Community Bank Resources Pennsylvania 70

Independent Banker

JANUARY 26, 2016

A Pennsylvania bank helps former inmates rebound after prison. This past spring ESSA Bank began teaming with the federal court system in Pennsylvania, Northampton Community College in Bethlehem, Pa., Likewise, ESSA Bank fills in the gaps by providing personal loans for transportation, housing or education.

Pennsylvania 70

Pennsylvania Nevada Community Community Bank 70

Jeff For Banks

MARCH 31, 2018

So worries New Jersey Banker's Association CEO John McWeeney since state-owned bank advocate Phil Murphy was elected governor. The state's municipal deposits approximate $20 billion , $13 billion of which are in community banks. When they bought Strong Asset Management. Marcus is Goldman Sachs online bank.

FDIC 60

FDIC New Jersey Pennsylvania Community Bank 60

Independent Banker

AUGUST 26, 2015

A Pennsylvania community bank’s perspective on the rewards and potential perils of developing a separate business line. Forming new business lines—if carefully planned and considered—can be a potentially significant way for a community bank to boost revenues and profits. By Katie Kuehner-Hebert.

Operations 70

Operations Community Bank Community Management 70

American Banker

JULY 20, 2020

The Pennsylvania bank incurred $2.3 million in expenses in second quarter after winding down unit BMT Investment Advisers.

Pennsylvania 39

Pennsylvania Community Bank Community Management 39

Jeff For Banks

MAY 4, 2013

On a recent Sunday, the headliner in the Business Section was about the retiring Bob Enck, a long time community banker in my hometown, Elizabethtown, Pennsylvania. Bobby Enck is a relic of an old time era in banking, when you started and finished your career at the community bank in the center of town.

Community 78

Community Community Bank Pennsylvania Strategy 78

Jeff For Banks

DECEMBER 28, 2023

I work for The Kafafian Group, a community bank consulting firm based in Bethlehem, Pennsylvania. Many of my readers might not know what my firm does, so I want to dedicate this post to the problems we help community bankers solve. We feed customer profitability systems. Trauger, Jr. - The Kafafian Group, Inc.

Groups 83

Groups Capital US Community 83

Jeff For Banks

DECEMBER 13, 2018

is the parent company of Willamette Valley Bank, a community bank headquartered in Salem, Oregon. The Bank operates five full service offices. Thanks to good old growth and balance sheet management which saw their net interest margin expand from 3.49% in 2015 to 3.80% today. Welcome to the list! #2.

Oregon 101

Oregon Ohio California Community Bank 101

Gonzobanker

DECEMBER 14, 2023

Meanwhile, technology changes continued at a breakneck pace, with generative AI the biggest topic around management tables. Importantly, Huntington has continued to focus on digital investments and its strong legacy of product management to remain a progressive regional bank.

Fintech 190

Fintech Community Regional Technology 190

Jeff For Banks

DECEMBER 29, 2015

Why was I making accommodations to account for money that SIFI Bank would soon have, but would not let me have? I marched back in and asked to speak with the manager, who seemed a little nervous because the teller informed her why I was there. The manager explained to me that sometimes these checks bounce. IT'S MY $#*%!^@$!

Community 60

Community Community Bank Pennsylvania Policies 60

PYMNTS

MARCH 18, 2019

A financial dispute between two University of Pennsylvania freshmen roommates that took place 10 years ago sparked a financial revolution. Although only 60 banks and credit unions (CUs) have made Zelle available to their customers, approximately 230 have signed up for the service.

Security 148

Security Fraud User Experience California 148

NCR

JUNE 14, 2016

April kicked off Financial Literacy Month so we recently talked with Becky Stapleton, senior executive vice president and chief banking officer at S&T Bank, to learn about the various initiatives they host in order to promote financial literacy in their local community. Is there anything else you would like to add?

Pennsylvania 40

Pennsylvania Community Regional Indiana 40

Jeff For Banks

DECEMBER 1, 2015

In the chart below, derived from The Kafafian Group’s (TKG) peer database of hundreds of community bank branches, we see that the revenue generated from deposit spreads, asset spreads (typically consumer loans), and fees (typically deposit fees) as a percent of branch deposits averaged 2.08% for commercial banks and 1.88% for thrifts during 2014.

Pennsylvania 60

Pennsylvania Community Bank Community Taxes 60

Jeff For Banks

NOVEMBER 3, 2019

Nor do they perform worse." ~ Katherine Klein, University of Pennsylvania Do you know how difficult my life might become for the above quote? I have observed that the best functioning boards are not dominated by one or two voices, that operate at the level of what a board should operate at, and challenge each other and management.

Community 60

Community Pennsylvania Chicago Operations 60

Jeff For Banks

JULY 14, 2021

Uncertainty can 'freeze' decision-making; CFOs can 'unfreeze' those decisions by gathering information to resolve the uncertainty, instituting a structure to navigate the uncertainty while managing risk through insurance, or developing a step-by-step approach to real-option investment as uncertainty is resolved." sell the bank).

Capital 78

Capital Strategy Management Company 78

Banking 2020

AUGUST 24, 2015

To further understand the search marketing industry, Sabrina Sexton, Product Manager at Digital Insight, sat down with Angie Gibson, a digital marketing expert, to pick her brain and learn firsthand from a leader in the industry: . Sabrina Sexton, Group Product Manager, Consumer Relationship Solutions, Digital Insight.

Industry 40

Industry Pennsylvania Marketing Mobile 40

Banking 2020

AUGUST 18, 2015

To further understand the search marketing industry, Sabrina Sexton, Product Manager at Digital Insight, sat down with Angie Gibson, a digital marketing expert, to pick her brain and learn firsthand from a leader in the industry: Sabrina: Angie, I’m first curious about how you got involved in search marketing. Sabrina: That makes sense.

Industry 40

Industry Pennsylvania Marketing Mobile 40

Jeff For Banks

MAY 21, 2011

If I had a nickel for every time an investment banker predicted the mass consolidation of our industry I could buy a free round to all attendees at next month''s Financial Managers'' Society Forum. But there are exceptions, such as how Wayne Bank in Honesdale, Pennsylvania implemented a leadership change flawlessly.

Leadership 68

Leadership Community Pennsylvania Capital 68

PYMNTS

AUGUST 3, 2020

banks and credit unions (CUs) have signed on to offer checking and savings accounts through Google Pay. BankMobile, BBVA USA, BMO Harris, The Coastal Community Bank, First Independence Bank (a federally designated minority depository institution) and SEFCU will join Citi and Stanford Federal Credit Union in the offering beginning next year.

Google 239

Google Digital Banking Pennsylvania Community Bank 239

Gonzobanker

DECEMBER 20, 2018

Importantly, both grew their banks bigger and bigger while their egos remained as humble as ever. Goes to Greg Smith, retiring CEO of Pennsylvania State Employees Credit Union. Bank Purchase of the Year. CVB Financial acquires Community Bank. All that and its $370MM in revenue is paid mostly by banks!

Fintech 100

Fintech Conference Innovation Community 100

Gonzobanker

DECEMBER 19, 2016

Since Richman and about 100 other bankers from LaSalle Bank in Chicago joined PrivateBancorp nearly a decade ago, the bank has grown to an $18 billion solid niche player with $10 billion in assets under management. A Gonzo community bank being a leader and not a fast follower – that’s pretty cool! see [link] ).

Utah 60

Utah System Community Marketing 60

Gonzobanker

DECEMBER 19, 2016

Since Richman and about 100 other bankers from LaSalle Bank in Chicago joined PrivateBancorp nearly a decade ago, the bank has grown to an $18 billion solid niche player with $10 billion in assets under management. A Gonzo community bank being a leader and not a fast follower – that’s pretty cool!

Utah 60

Utah System Community Marketing 60