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Why a community bank in Missouri is investing in core banking startup Neocova

Bank Innovation

For Brice Luetkemeyer, president and CEO of Bank of St. Elizabeth, a Missouri-based community bank with $150 million in assets, investing in a core banking startup is critical for its future. Together with a group of other community banks, Bank of St.

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Bowman Concerned About Community Banks’ Exit from Mortgage Markets

ABA Community Banking

Speaking to attendees at a mortgage industry event in Kansas City, Missouri, today, Federal Reserve Governor Michelle Bowman expressed optimism about the trajectory of the housing market but raised concerns about the declining number of community banks remaining in the consumer real estate mortgage market.

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Small banks: Big challenges and big opportunities

Abrigo

Relationship focus helps CFIs Small banks can leapfrog competitors and better serve their communities by combining their unique advantages with smart management and partnerships. Takeaway 3 With effective technology, the bank can continue to grow its portfolio without necessarily adding staff.

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Equity Bancshares bulking up in Missouri with $44 million deal

American Banker

Equity, based in Wichita, Kansas, has agreed to buy the parent company of the Bank of Kirksville. billion of assets and 74 branches, including 23 in Missouri. The combined company would have $5.4

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The future of workplace flexibility

Independent Banker

We asked community banks how they’re dealing with the resulting shifts in their employment models. Before remote work was an emergency measure to keep employees safe from a devastating virus, it was a perk some community banks offered to retain and attract talent. One bank that is not turning back. WesBanco, Inc.

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Newly rebranded Verimore Bank showcases tech transformation

BankInovation

Verimore Bank, formerly First Missouri Bank, recently underwent a complete core conversion that focused on enhanced digital offerings and in August rebranded to better reflect its ability to deliver advanced technology services.

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Use The Power of Storytelling to Engage and Enlighten

Jack Henry

Picture the scene: Monett, Missouri, in the early 1970s. Self-proclaimed “broken down accountant” Jack Henry and data processing manager Jerry Hall realize a gap in the marketplace – no one provides small banks and credit unions the ability to handle data processing through an in-house computer system. Chapter 1: 1970.