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How community banks can help young homebuyers

Independent Banker

But there are ways community banks can help mortgage-seekers get on the property ladder. According to the 2022 Home Buyers and Sellers Generational Trends Report published by the NAR, there are some clear generational trends in the homebuying market. So how can community banks help? By Beth Mattson-Teig.

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Growing a mortgage portfolio: Encourage borrowers to bank local

Abrigo

With mortgage rates down in the US , many homebuyers are looking locally to their community banks to finance their new, potentially life-changing purchase. In the spirit of the go local movement, new data from Sageworks Bank Information peeked in on 10 cities to see which community banks were making an impact on local mortgage lending.

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Michigan Bankers, Local Newsrooms Work Together to Promote Banking

ABA Community Banking

Through a TV news partnership, one state bankers association is raising public awareness about what banks do, the safety they provide and the support they give their communities. The post Michigan Bankers, Local Newsrooms Work Together to Promote Banking appeared first on ABA Banking Journal.

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Michigan State University credit union extends buying spree

American Banker

billion-asset federal credit union in East Lansing announced its third deal in as many months — the planned purchase of in-market peer Gabriels Community Credit Union. And it has two bank acquisitions pending.

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United Federal Credit Union in Michigan to buy Edgewater Bank

American Banker

Joseph market, where both institutions are based. The acquisition will consolidate United's position in the St.

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2016 IB Social Media Leaders

Independent Banker

Independent Banker ® magazine recognizes three community banks who have conducted creative, engaging and impactful social media campaigns. This year’s panel of judges evaluated social media campaigns submitted from several community banks across the country before selecting those that received final recognition.

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Banking’s CRM Conquerors

Gonzobanker

The bank not only found opportunities to eliminate the need for manual data entry, but it also estimated that 25 CRM users are saving about an hour per week just by making data easier to find. Lake Michigan Credit Union tackled the notorious “next best product” challenge by incorporating member data and overlaying organizational priorities.

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