South State Correspondent

JUNE 9, 2022

Many community banks are searching for ways to increase fee income, and many bank CEOs have concluded that fee income is a significant driver of revenue and profitability. We argue that larger banks do not have an inherent advantage over community banks in generating fee income because of their scale.

Community Bank 195

Community Bank Community Comparison Fintech 195

South State Correspondent

APRIL 24, 2022

However, some community banks are still deciding on the correct term lending index to adopt. Many banks are uncertain that they have chosen the best term index for their products and markets. We believe that having more options for community banks is beneficial. The comparison between the three is shown in the table below.

Lending 195

Lending Community Bank Community Marketing 195

South State Correspondent

APRIL 18, 2022

Historically, community banks have relied on net interest margin (NIM) instead of fee income to drive return on equity (ROE). For example, 40% of JP Morgan’s commercial banking revenue is derived from fee income, and JP Morgan’s commercial banking division is composed of middle-market and commercial real estate (CRE) lending.

Lending 195

Lending Community Bank Community Comparison 195

South State Correspondent

OCTOBER 4, 2023

In an article last week ( Here ), we discussed how the higher-for-longer interest rate environment will affect the community bank sector. We argued that community banks must learn to improve performance in a low-growth environment for the foreseeable future. This is especially important when liquidity is scarce, as it is now.

Community Bank 195

Community Bank Community Capital Comparison 195

South State Correspondent

OCTOBER 7, 2024

We recently worked with a community bank in the Southeast that wanted to win a piece of credit business for a manufacturing company. The manufacturing company had a long-time relationship with a national bank and the community bank lender was struggling to make inroads with the company’s CEO and owner. regulatory ROE. regulatory ROE.

Community Bank 195

Community Bank Community Industry Comparison 195

South State Correspondent

OCTOBER 23, 2022

Speed and Magnitude of Past Rate Hikes in Comparison. Application to Community Banks. While we broke down the seven waves of impact that banks need to be concerned about across the enterprise ( HERE ), there are several immediate risks from inflation and persistently rising interest rates for community banks.

Community Bank 221

Community Bank Community Meeting Lending 221

South State Correspondent

MAY 23, 2022

Customers and competitors are challenging community banks to extend loan duration – borrowers are eager to lock fixed rates before they rise further, and many competitors are happy to oblige. But what are the optimal fixed terms for community banks given today’s interest rate, credit, and liquidity environment? Market Expectation.

Lending 195

Lending Community Bank Community Capital 195

PYMNTS

JUNE 18, 2018

And the spaces, too, can be a marketing tool as the coworking spaces bring in members who are introduced to the apartments. The Target Market. On one end are those you might think of as the target market for coworking spaces — gig economy workers. The operation itself leads to higher-asset level goals,” Hightower added.

Community 119

Community Austin Texas Comparison 119

Gonzobanker

JANUARY 14, 2016

Hey, community bank and credit union marketers: Imagine that you’re sitting in your office, and your CEO comes in and says, “Got a minute? I’m putting together a presentation for the board, and I need to tell them what the Marketing department is really good at.” ” You’ve got a minute.

Community 60

Community Marketing Mobile Technology 60

PYMNTS

OCTOBER 22, 2020

She said the global pandemic has simply advanced a movement that has been underway for years, which has sought to provide banking access and digital financial services to underserved communities, mostly through mobile devices. The Cash Culture.

Payments 206

Payments Community Mobile Comparison 206

PYMNTS

AUGUST 10, 2018

Hong Kong, by comparison, saw $596.8 Singapore has a FinTech-friendly regulatory framework and has been a good springboard for us to expand into other Asian markets,” InstaReM Co-founder & CEO Prajit Nanu told PYMNTS.com. million that year. million in funding for FinTechs at the time.

Fintech 107

Fintech Marketing Comparison Innovation 107

South State Correspondent

NOVEMBER 7, 2023

One successful loan proposal tactic for community banks to improve their acceptance rate is to embrace the old marketing rule of the “power of three.” Positioning through comparison is a potent tool. We review hundreds of term sheets and proposals for commercial borrowers each month.

Community 195

Community Comparison Marketing Tools 195

Jeff For Banks

DECEMBER 10, 2024

I chose five years because banks that focus on year-over-year returns tend to cut strategic investments come budget time, which hurts their market position, earnings power, and future relevance more than those that make those investments. The Bank is currently offering shares for sale at-the-market to support future growth.

Las Vegas 70

Las Vegas Lending Community Bank North Carolina 70

Abrigo

OCTOBER 23, 2014

Community banks certainly want to remain conservative with risks and follow regulations. ” Senior management and the Board need clear and concise reporting that shows: • Portfolio trends and characteristics • Peer comparisons • Current and future industry trends and concerns. Blog Bank Credit Union'

Risk Management 186

Risk Management Management Lending Resources 186

South State Correspondent

JUNE 27, 2024

Lending, by comparison, is largely a one dimensional supply vs. demand problem. Add a three month CD option for your customers and the duration of your money market accounts can noticeably get reduced. Here are our top five: Segmentation : Bankers that have segmentation programs where they treat (market, price, etc.)

How To 195

How To Metro Marketing America 195

South State Correspondent

FEBRUARY 12, 2023

The average community bank’s cost of funding is highly correlated to Fed Funds and SOFR (for the industry, the correlation has been 94% with a six-month lag over the last 20 years). The borrower chose the ten-year fixed-rate option, and the economic comparisons for the lender and borrower are outlined below.

Community Bank 195

Community Bank Community Case Study Strategy 195

PYMNTS

NOVEMBER 21, 2016

Consumers in the market for a new car now have a new place they can buy, and they don’t even have to leave the house to do it. Existing promotions on the three available models will reportedly be improved by 33 percent in the online market. At least if they live in Italy. There’s no one-click shopping for cars just yet.

Comparison 100

Comparison Online Tools Conference 100

Abrigo

SEPTEMBER 6, 2017

When it comes to borrower experience, 78 percent of community financial institution borrowers reported overall satisfaction as opposed to 46 percent of fintech borrowers. In delivering sound financial advice, Brown recommends offering peer comparison by sharing success stories from other business owners.

Survey 150

Survey Taxes Fintech Comparison 150

PYMNTS

JULY 23, 2019

Some other gluten-free or vegan mixes use almond flour, by comparison, which someone with a nut allergy may not be able to eat. The target market for the company consists of “the vegan community and those who are gluten-free,” Lam said. Since day one, Lam says that the company has been valuing building a community and lifestyle.

Branding 140

Branding Comparison Community Marketing 140

South State Correspondent

AUGUST 5, 2024

We highlight how a community bank won a commercial real estate (CRE) mortgage against multiple competitors, solidifying an existing relationship, extending term to cross-sell treasury management, booking a highly profitable loan, lowering P&I payments to increase credit quality, and generating substantial amount of fee income.

Case Study 195

Case Study Study Community Bank Management 195

PYMNTS

APRIL 15, 2019

Lyft’s market cap was a bit lighter by the end of the day Friday, too: $17 billion versus the $23 billion it enjoyed, albeit briefly, on its first day as a public company. That look has many of those same pundits now fretting over how to value both adequately, since apple-to-apple comparisons, they say, are hard.

San Francisco 184

San Francisco Comparison Apple Marketing 184

PYMNTS

FEBRUARY 19, 2018

As a result, banks are investing in and engaging with FinTech startups to grow their customer base and their market share. According to a report, the new group of banks to now support Apple Pay include American Eagle Financial Credit Union, Central Virginia Federal Credit Union and Community Bank & Trust of Florida, among others.

Payments 144

Payments Apple Comparison Virginia 144

Perficient

JANUARY 21, 2021

In a conversation with Gustavo Arroyave , a technical delivery leader with Perficient Latin America, he shares more about the unique culture that elevates our team in comparison to other outsourcing software vendors. He also highlights successful outcomes with our long-term clients and the ways we’ve exceeded their expectations.

Software 309

Software Big Data America Innovation 309

Celent Banking

APRIL 27, 2015

Celent recently released the report On the Margins: A Comparison of Banks and Credit Unions by Asset Tier , where community institutions of the same size are compared across a number of performance metrics, mainly efficiency ratio. Credit unions are generally more customer-centric and have higher technology adoption.

Community 100

Community Resources Comparison Maine 100

Independent Banker

APRIL 28, 2016

I also focus on budgets, loan and deposit growth, net interest margins, quarterly comparison reports, and the banker’s view of his or her local economy. Finally, I focus on economic news in our markets, which include five communities south of Houston. We are staffed by 100 employees, who are very involved in their communities.

Dallas 131

Dallas Texas Houston Community 131

PYMNTS

MARCH 15, 2019

The inevitable path of the market, industry watchers noted, was that those portals with millions of customers to call their own along with in-depth knowledge of customers’ eating habits would eventually open kitchens and restaurants and start competing directly with the clients they serve.

Marketing 117

Marketing Comparison Trends Resources 117

Lex Sokolin

OCTOBER 21, 2020

Our communities and networks have become increasingly digital. That means that our physical communities are also our digital communities. People are not buying some abstract reductionist notion of “products”, they are economically participating in communities with counterparties native to those communities.

Community 52

Community Video blockchain Maine 52

South State Correspondent

JANUARY 30, 2024

Marketing and technology (IT) are two budgets that have taken the most significant hit. Shadow IT may be in the form of a marketing platform like Canva or Grammarly to assist in writing, two of the more popular shadow expenses. As such, bank budgets have come under scrutiny.

Capital 195

Capital Operations Customer Experience Comparison 195

PYMNTS

AUGUST 1, 2018

The Apple Watch is the most beloved wearable in human history, the iPhone X is the best-selling iPhone on the market and Apple products, broadly, are bringing all of mankind together in love and harmony. As a data point, that might be correct, but in context, it misses the bigger picture of what comparisons are most relevant.

Apple 100

Apple Comparison Mobile Retail 100

Abrigo

MAY 20, 2015

Then the marketers must promote that message to both existing and potential customers. An innovation like that can make the Apple Watch and Bitcoin seem archaic in comparison. For community banks and credit unions, this may be more of a challenge. It’s a big job to keep up with the Apples of the world.

Apple 150

Apple Mobile Comparison Innovation 150

Abrigo

FEBRUARY 10, 2021

Market experience Know the land values. Solar A solar diversification opportunity can be created with as land as section corners for community solar projects to thousands of acres for economy of scale. Market comparisons will need to be made for term fees and rent. Developers look at the appraised best value of land.

Lending 195

Lending West Virginia Resources Operations 195

PYMNTS

MAY 8, 2020

The poll was conducted by a San Francisco-based advocacy group called Small Business Majority, and its CEO John Arensmeyer has been a proponent of community grants that exist outside of the formal banking system that has controlled government aid up to this point. In comparison, small businesses selling similar products were forced to close.

Maine 142

Maine Groups San Francisco Lending 142

PYMNTS

JULY 2, 2018

Australia’s alternative finance community has vowed to heighten transparency following criticism over Prospa ‘s high interest rates, which caused the FinTech to scrap its initial public offering (IPO). ” The goal of this requirement is to provide a clear breakdown of costs for borrowers. .”

Lending 100

Lending Comparison Fintech Compliance 100

PYMNTS

MARCH 2, 2017

New Balance, by comparison, brings in a mere $3 billion annually — certainly nothing to shake a stick at, but still 90 percent smaller than Nike. The watch is also water-resistant and will sync with Strava so that exercisers can share their workouts online with the rest of the Strava international running community.

Retail 100

Retail Boston Community Branding 100

PYMNTS

APRIL 8, 2019

While the comparison is apt in some ways, it misses much of what sets Jitjatjo apart, starting with the fact that it doesn’t have gig workers on its platform at all, but employees. The commitment we make includes the talent and the operator community, and what we can do to empower good work. Picking Professionals. “In

Operations 169

Operations Industry Philadelphia social media 169

South State Correspondent

MAY 9, 2023

As discussed last week, many banks tier without objective, without data, and without supportive marketing, thus rendering the methodology worthless and possibly hurtful. A bank can modify its tiers all it wants, but that effort pales in comparison to making sure you are driving the right product mix or having competitive products.

Data 195

Data Training National System 195

PYMNTS

MAY 28, 2019

GO-JEK President Andre Soelistyo said in a statement, according to a September Reuters report, “We believe that a strong collaboration between financial services providers and technology companies can reach a wider range of people who have difficulty accessing financial services, such as unbanked communities.” Just under 40 percent – or 39.1

Apple 159

Apple Mobile Fraud Branding 159