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But there are ways communitybanks can help mortgage-seekers get on the property ladder. Burmis, senior vice president and retail lending manager at $450 million-asset Chelsea State Bank in Chelsea, Mich. So how can communitybanks help? By Beth Mattson-Teig. Flexibility needed.
Connect with an expert Common fraud schemes Check fraud Check fraud is one of the most concerning fraud trends for communitybanks in 2025. These could be held in a local branch lobby, community center, or place of worship. 880,418 c omplaints were registered, with potential losses exceeding $12.5
A recent Wall Street Journal article by Victoria McGrane and Jon Hilsenrath highlighted how the nation’s regulators are increasingly questioning and turning their focus toward bank boards. These smaller banks have also seen new, and more frequent, attention from regulators. How complex is the bank’s operating model?
They share tips for how communitybanks can get started. Social media has made it easier for communitybanks to nurture connections with prospects, customers and the community. Depending on a communitybank’s in-house resources, however, creating a paid social campaign might feel daunting. “A
These in-depth and timely professional development programs are designed exclusively for community bankers and led by nationally recognized industry experts who know the issues communitybanks grapple with. Each certification course is designed to prepare bank professionals to handle essential tasks and responsibilities.
Lindsay LaNore is responsible for ICBA’s new Community Banker University. She leads a team that works to identify, develop and offer courses that meet communitybanks’ educational needs. Her role is to make certain that relevant education is provided in a responsive manner to all communitybank members. “I
This column, in many cases, reflects what your correspondent hears from community bankers at conventions, seminars and in old-fashioned discussions. There are ways to manage this exposure that are beyond the scope of this column, which your brokers can explain. Still, it’s safe to say 2022 is built for a bond like an SBA 7(a).
Of course, communitybanks are the primary economic engines behind small businesses on Main Street America, funding more than 60 percent of all small-business lending. When you’re looking at key issues in the community, bring entrepreneurs to the table and ask them to solve it—because that’s who solves things,” Williamson insists.
IB: Moving from ministry to banking is quite a change. How did you conclude that communitybanking was a good move for you? I like the concept of helping people manage their finances and gain access to finances, so they can buy a house or car or start a business. IB: Has communitybanking been what you expected it to be?
I recently spoke at a Financial Managers' Society (FMS) breakfast meeting on this subject and thought I would share my comments with you. For example, deposit operations' expense as a percent of deposits should decline as the bank grows. Community bankers know the town mayor, and key business leaders.
Communitybanks, which will continue to face a growing number of senior customers with everyday cash needs and built-up home equity, should explore this niche lending opportunity, two community bankers providing these specialty loans suggest. By Howard Schneider. who oversees 32 loan officers dedicated to providing the loans.
By the way, we will be seeing him at a seminar during August! DJ 07/16/19 Dorothy Jaworski has worked at large and small banks for over 30 years; much of that time has been spent in investment portfolio management, risk management, and financial analysis. Just ask Dr. Lacy Hunt. Recession is likely 13 to 26 months away.
This year’s winners: Left: Central Valley CommunityBank, People’s Choice Award; Middle: Kennebec Savings Bank, Exceptional CommunityBank Service Award; Right: Cross River Bank, Emerging Service Program Award. Exceptional CommunityBank Service Award. Kennebec Savings Bank.
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