This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
With the record growth of San Antonio, Houston and Austin, southern Texas is becoming a hub for business. Here’s how four communitybanks are thriving in this environment. There’s a lot of energy in the southern half of Texas, and it’s not just the resources that power our homes and cars. Photo by Dennis Burnett.
The technological upgrades Happy State Bank made prior to the COVID-19 crisis has helped the lender service and onboard customers digitally and deploy its own SBA Paycheck Protection Program platform in a matter of days, CEO J. Pat Hickman told Bank Innovation.
We asked both leaders and staffers to tell us what makes their communitybanks stand out as employers. Key CommunityBank: Leading by example. Key CommunityBank. At the heart of Key CommunityBank’s work culture is connection. Greg Dennis, Key CommunityBank. “We
of digital banking customers said they switched to digital banking because of the pandemic. Source: 2021 Provident Bank survey. These days, there’s a lot to contend with as a communitybank, from changing consumer behaviors due to the pandemic to uncertainty surrounding the economy and inflation. Quick stat.
Independent Banker’s annual listing top-performing communitybanks of 2021 alongside interviews with some of the winners. In true communitybank fashion, each has its own story to tell and its own path to success. In true communitybank fashion, each has its own story to tell and its own path to success.
Communitybanks have a choice about addressing the problem: Remain vulnerable or be vigilant. Fraud and cybercrimes continue to increase, causing challenges for communitybanks. But there’s plenty communitybanks can do to meet this challenge. Here are some ideas for strengthening fraud defenses.
Texas First Bank (Texas First), Independent Bankers Association of Texas (IBAT), and Independent Community Bankers of America (ICBA) (collectively, Proposed Intervenors) have filed an unopposed motion seeking leave from the court to intervene in the lawsuit challenging the CFPB’s final small business lending rule (Rule).
Communitybanks are pushing for a stronger role with their small business (SMB) customers. However, through an embrace of FinTech collaboration and industry consolidation, communitybanks appear poised to further dispel assumptions of a lack of digitization. A Consolidating Industry. Strengthening SMB Ties.
Communitybanks own an enviable amount of data, but not all are leveraging it to its fullest extent. By Mindy Charski People share important data about themselves with their communitybank in myriad ways. Data about existing customers can even help communitybanks improve their efforts to find new customers.
As communitybanks navigate this process, there are plenty of resources available to answer questions and provide guidance. Three sources of information on FedNow As communitybanks look to take advantage of this new opportunity, they seek resources to help them navigate the journey.
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.
Sageworks recently ranked more than 6,600 banks in the United States to find the 15 best-run communitybanks. banks and credit unions. banks and credit unions. Notably, small communitybanks took a large portion of the list with two-thirds of banks listed having less than $500 million in assets.
Connect with an expert Common fraud schemes Check fraud Check fraud is one of the most concerning fraud trends for communitybanks in 2025. Let our Advisory Services team help when you need it. Staying vigilant and adaptable will be key to safeguarding financial assets and maintaining trust in an increasingly complex fraud landscape.
He became a full-fledged communitybank owner by purchasing a Dallas communitybank, which was renamed Veritex CommunityBank. Veritex is a combination of the words “veritas,” which means truth in Latin, and “Texas.” The bank uses the slogan “Truth in TexasBanking.”).
The CFPB has filed its opposition to the motion for a preliminary injunction filed by the intervenors in the Texas federal court lawsuit challenging the CFPB’s final small business lending rule (Rule). The intervenors are several credit unions, communitybanks, and credit union and communitybank trade associations.
Based on an analysis of data from more than 6,500 banks across the country, Sageworks recently identified America’s healthiest banks by their Texas Ratios. The list highlights the top 20 banks within each region of the U.S. with the lowest Texas Ratios. banks and credit unions. Blog Bank'
In September 2016, more than 240 bankers and industry experts from both communitybanks and credit unions attended the Risk Management Summit in Austin, Texas. The agenda fully embraced the “Year of CECL” and covered the accounting change in detail.
In September 2016, more than 240 bankers and industry experts from both communitybanks and credit unions attended the Risk Management Summit in Austin, Texas. The agenda fully embraced the “Year of CECL” and covered the accounting change in detail.
Here’s how communitybanks can enhance their payments offerings. of banks’ revenues come from payments. Payments account for up to 30% of bank revenue, and that income stream is under attack. As 2023 kicks off, communitybanks can respond to today’s payments landscape by addressing five key trends.
However, communitybanks, in particular, face challenges in quantifying risk and applying compliance measures using a risk-based methodology, Brewer said. A formal requirement for institutions to develop and update risk assessments is among the expected changes.
Louisa CommunityBank of Louisa, Kentucky also shuttered on Oct. 25, and the assets were purchased by Kentucky Farmers Bank Corporation in Catlettsburg, Kentucky. As of June 30, Louisa CommunityBank had approximately $29.7 Enloe State Bank of Cooper, Texas closed May 31 with total assets of $36.7
Robotic process automation is normally the province of large banks, but Extraco Banks in Texas and Carter Bank in Virginia are training bots to perform repetitive, mind-numbing tasks.
Combined firms will expand into Austin, Houston, San Antonion, Corpus Christi and Bryan-College Station Management Feature M&A Feature3 CommunityBanking.
Working with a communitybank is like being welcomed into the fold, and that’s why we choose our partners with care. But when I think about what makes this time of year special, it’s the sense of community it creates. I guess it’s no wonder that I’ve been drawn to communitybanking, where connectedness drives that all we do.
Meanwhile, leaders at small banks recognize that their institutions play a vital role in helping community businesses and individuals not only weather uncertainty but also thrive. How can community financial institution leaders manage their challenges and seize their opportunities at the same time?
With mortgage rates down in the US , many homebuyers are looking locally to their communitybanks 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 communitybanks were making an impact on local mortgage lending.
This year Texasbanks dominated American Banker's annual list of the top-performing larger communitybanks. See which institution came in at No. 1 for this asset class.
Lone Star Capital Bank's plan to merge into Rio Financial Services' banking subsidiary is one of several recently announced Texas M&A deals; David Sparacio will join Birmingham, Alabama's ServisFirst Bancshares as its chief financial officer; Capital City Bank names Ramsay Sims chief banking officer; and more in this week's banking news roundup. (..)
Liberty Capital Bancshares in Addison, Texas, has agreed to buy Southwestern Bancorp in Boerne, Texas. The post Liberty Capital to acquire Southwestern Bancorp in Texas appeared first on ABA Banking Journal.
The new branch will expand operations in the Fort Worth market CommunityBanking Feature3 Feature Retail Banking Branch Technology/ATMs Customers People.
During leaner years is often when the demand for ag loans increases , as it’s common for those full-time farmers to tap into their communitybank to cover operating costs or invest is other lines of the agricultural business. Headquartered in Madison, Wisconsin, the non-traditional bank held more than $1.6
To exemplify, here are three Texasbank''s "Business" and "Business Strategy" sections to their most recently filed 10k. I picked Texas because of their perceived independent streak. We believe we can effectively compete as a communitybank in our market area and the niche markets we serve. Independent?
The Kentucky plaintiffs chose to file a separate lawsuit rather than intervene in the lawsuit pending in a Texas federal district court challenging the Rule filed by the American Bankers Association, Texas Bankers Association, and Rio Grande Bank and in which several credit unions, communitybanks, credit union and communitybank trade associations, (..)
Bank acquisitions announced by Old Second Bancorp in Aurora, Illinois, Yoakum National BancShares in Yoakum, Texas, and Rio Financial Services in McAllen, Texas. The post Banks announce acquisitions in Illinois, Texas appeared first on ABA Banking Journal.
President and CEO for the $543 Million-Asset HomeTown Bank, N.A., in Galveston, Texas. IB: You were recently reelected to serve a second term on the Federal Reserve Bank of Dallas board of directors. Group 3 includes the smallest banks in the state with the majority in rural areas. Photo by Robert Seale.
CommunityBank of the Bay. Community First Credit Union (OH). Evans Bank. Federated Bank. First Bank of Boaz. First National Bank of Milaca. Grand Savings Bank. Greater Cleveland Community Credit Union. Greenleaf Wayside Bank. Hometown CommunityBanks. McClain Bank.
The ABA Foundation named seven banks as 2024 Community Commitment Award winners. Raul Valles of Dallas Capital Bank in Texas to receive the George Bailey Distinguished Service Award.
We organize all of the trending information in your field so you don't have to. Join 23,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content