Independent Banker

FEBRUARY 28, 2023

wanted to be a financier before finding his way to community banking. Photo by Harold Daniels Derek Williams, president and CEO of Century Bank & Trust in Georgia, is bringing his passion for community banking to his term as ICBA chairman for 2023/24. That love of community has defined his career. “I

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Community Community Bank Georgia San Antonio 172

Independent Banker

JANUARY 31, 2022

Here’s how four community banks are thriving in this environment. Clearly, community banks in the region have plenty of opportunities to do what they do best: forge deep and lasting relationships with their customers and communities. These include family-owned businesses, community businesses and operating companies.

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Texas San Antonio Community Bank Community 182

Independent Banker

NOVEMBER 30, 2021

Premium benefits packages, professional development and TLC during the pandemic—this year’s winners do everything in their power to keep their community bankers happy and fulfilled. We asked both leaders and staffers to tell us what makes their community banks stand out as employers. Key Community Bank: Leading by example.

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Community Bank Community Texas Leadership 164

CFPB Monitor

JANUARY 26, 2023

In a letter to Director Chopra , five banking trade groups address the CFPB’s obligation to comply with the Small Business Regulatory Enforcement Fairness Act of 1996 (SBREFA) before proposing a rule on credit card late fees and late payments. Continue Reading

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Groups Cards National America 78

Bank Innovation

JULY 19, 2017

Pittsburgh-based PNC Financial Services Group is making a significant digital push this quarter, and highlighted a number of areas this is benefiting the bank’s consumer business. But the most significant revelation from the company’s earnings call yesterday may be that digital banking allows any bank to become national.

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National Digital Banking Groups Company 302

PYMNTS

JUNE 10, 2020

As retailers reopen and take stock of new post-pandemic consumer dynamics, the role of industry trade groups is changing. Groups like the National Retail Federation (NRF) focused more on economic forecasts and supply chain issues as other advocacy groups that have taken the fight for more stimulus dollars to Washington, D.C.

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Groups Retail Strategy National 141

PYMNTS

JANUARY 25, 2021

The National Retail Federation ’s annual convention may have come and gone but the sentiments, strategies and lessons learned from facing nearly a year of pandemic-led changes by some of the world’s largest merchants are going nowhere fast — especially when it comes to their embrace of increased digitalization. We’re not a data company.

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Community Retail Strategy National 269

Abrigo

OCTOBER 22, 2024

Say "thank you" this National FinCrime Fighter Day BSA professionals and financial crime fighters are tasked with the challenge of protecting our financial system daily. October 26 is National Financial Crime Fighter Day , and it’s the perfect time to pause and applaud everything these professionals do. It’s about relationships.

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Security Fraud Community National 221

Perficient

NOVEMBER 20, 2020

At Perficient, we are committed to giving back to the communities where we live and work. From volunteering at food banks and urban farms , to building homes and saving penguins , our colleagues selflessly give their time to make their communities a better place. Parks are an integral part to every community.

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Chicago Community National Groups 322

South State Correspondent

JUNE 5, 2024

The typical published analysis considers the industry in aggregate which conflates the challenges and opportunities at community banks (those under $10B in assets). Second, much of the increase in COF for community banks is the result of shrinking non-interest bearing DDA being replaced with higher cost CDs (see graph below).

Community Bank 195

Community Bank Community National Marketing 195

American Banker

MAY 21, 2020

The National Community Reinvestment Coalition, California Reinvestment Coalition and Democracy Forward accuse the agency of “unlawfully gutting” the historic anti-redlining law.

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Community Groups California National 78

PYMNTS

APRIL 8, 2019

The world of payments has provided a new leader to the National Urban League. Tim Murphy, general counsel for Mastercard , has become the 22nd chairman of the civil rights and urban advocacy group, according to a statement from the payment card network. which focuses on managed healthcare.

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National New York City New York Leadership 122

Independent Banker

AUGUST 31, 2020

“As the cornerstones of the community, community bankers offer a light in the darkness of hard times.”. Bolstered by the unfailing dedication of community banks, our communities will continue to weather the storm. An ecosystem exists where, for the community bank to be successful, the community it serves must be as well.

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Community Community Bank Leadership Conference 119

CFPB Monitor

MAY 25, 2023

As the financial services industry continues to monitor the proceedings in Community Financial Services Association of America v.

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Groups Industry Regulation National 78

South State Correspondent

AUGUST 1, 2016

If you have to battle the large national or regional banks for treasury management business, then you are in luck because competition is easy. Of course, many community banks don’t feel that way, but often that is because they have the wrong approach.

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Community Bank Community Management Conference 150

Jeff For Banks

JANUARY 14, 2021

In June of 2008 I gave a speech titled "The Death of the Community Bank" and in that speech I made predictions. Much like the General Store fell victim to the supermarket and the lumber yard fell victim to Home Depot, I predicted the community bank that did not pick targeted customer niches or develop product expertise will meet it's doom.

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Community Bank Community FDIC Strategy 130

PYMNTS

JULY 7, 2020

The letter, from RILA President Brian Dodge , was addressed to National Governor’s Association Chair Lawrence Hogan (MD) and Vice Chair Andrew Cuomo (NY), asking them to push for specific and consistent mask mandates. RILA has finally had enough of the trend, and asked two governors for help in a letter released on Tuesday morning (July 7).

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Retail Groups social media Policies 151

South State Correspondent

AUGUST 19, 2024

That is exactly what is happening in the community bank industry. In Q2/24, community banks (those under $10B in assets) were able to expand net interest margin (NIM) by 3bps but experienced a 12bps reduction in return on equity (ROE). We’ll explain why we believe this is occurring and ways that community banks can reverse this trend.

Community Bank 195

Community Bank Community Analysis Capital 195

PYMNTS

APRIL 12, 2019

Community banks are voicing their frustration with what they say is a lack of competition in the market for corporate bank technology providers, reports in The Wall Street Journal said Thursday (April 11). Community banks say their services are often too expensive and can sometimes be delayed.

Community Bank 123

Community Bank Community New Jersey Fintech 123

American Banker

NOVEMBER 8, 2023

The National Credit Union Administration approved the Young Community Federal Credit Union to begin operations in Kentucky soon. An organization in Maryland is shooting for a 2024 opening.

Maryland 81

Maryland Kentucky Groups Community 81

South State Correspondent

AUGUST 21, 2023

However, that publication, directly and indirectly, identified three discrete risks affecting community banks. We will outline what we think community bankers should glean from this publication. Risks to the Community Banking Sector Moody’s identified three risks to the banking sector, including risks to community banks.

Community Bank 195

Community Bank Community Capital Analysis 195

CFPB Monitor

AUGUST 8, 2022

Eight national trade groups have filed a petition with the CFPB that urges the Bureau to engage in rulemaking to define larger participants in the market for data aggregation services. According to the trade groups, the current situation creates “an unsustainable model as the aggregation services market grows.”

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Groups Data National Marketing 78

American Banker

JANUARY 16, 2023

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National Community Groups 74

PYMNTS

JUNE 18, 2020

The London-based trade group for Europe’s ePayments community is waiting for the European Banking Authority , the European Union (EU) banking regulator, to provide the 27-nation bloc with an update on Strong Customer Authentication (SCA). Vendorcom wants answers.

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Groups Regulation Fraud Security 131

PYMNTS

JANUARY 2, 2019

Coverage includes The National Bank of Kuwait ’s rollout of SWIFT Global Payments Innovation (gpi) services with the help of ACI Worldwide. The National Bank of Kuwait has rolled out SWIFT Global Payments Innovation (gpi) services via the payments engine of ACI Worldwide, according to an announcement.

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National Innovation Customer Experience Payments 122

CFPB Monitor

JUNE 29, 2016

The Independent Community Bankers of America and the Credit Union National Association have sent a letter to Director Cordray “to express serious concerns” about the CFPB’s proposed rule covering single-payment payday and auto title loans, deposit advance products, and certain high-rate installment and open-end loans.

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Community Bank Community Groups Lending 68

PYMNTS

DECEMBER 8, 2020

Over 110,000 restaurants have shuttered since the start of the COVID-19 pandemic and another 500,000-plus establishments are in an "economic free fall," the National Restaurant Association said in a letter to Congress. According to a National Restaurant Association press release on Tuesday (Dec.

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Industry National Survey Operations 226

Jeff For Banks

FEBRUARY 20, 2016

On February 14-17 the American Bankers Association held their National Conference for Community Bankers. The format was to first ask a couple of group questions. The second group question regarded capital. Some rely on a relatively small group of local investors, including employees and board members.

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Conference Community National Millennials 60

CFPB Monitor

NOVEMBER 11, 2020

The National Association for Latino Community Asset Builders, represented by Public Citizen and the Center for Responsible Lending, filed a lawsuit against the CFPB in D.C. Both sides have filed motions for summary judgment and briefing is scheduled to be completed next month.

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Groups Community Texas Lending 78

PYMNTS

MARCH 18, 2020

JPMorgan said it will to donate $50 million to groups and organizations that provide support and supplies to people affected by the coronavirus all over the world, according to a report by Reuters. . The bank has earmarked $3 million to international groups that provide the same service.

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Arlington Seattle Washington Virginia 214

PYMNTS

JANUARY 9, 2018

Community banks approved 49 percent of SMB loan applications in November, according to the latest data from the Biz2Credit Small Business Lending Index. Here, again, lies another opportunity for community banks to fill the void. INTRUST Bank recently announced it is also taking part in the trend of collaborating with FinTechs.

Community Bank 131

Community Bank Community Fintech Lending 131

PYMNTS

JANUARY 18, 2017

The National ATM Council (NAC) argued in testimony to the Committee on Consumer Affairs of the New York City Council last week that a proposed ordinance would impose costly and burdensome new security regulations on ATM operators all around the city. said Renard in the same press release.

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ATM National New York City New York 100

Perficient

JULY 1, 2020

As noted below, the motivation of this particular approach is to identify a small segment of the user community that can act as an initial response group. Once the “canary” group has had sufficient time to validate the deployment, the full user-base can be updated. Primary User Group. Canary Deployment.

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Groups System Community User Experience 309

Abrigo

MAY 8, 2015

In recent months, the momentum around reducing the regulatory burden on the nation’s community banks has continued to gain steam. However, the regulatory landscape continues to evolve, leaving resource-constrained community banks to cope with new demands. The second idea is community bank exemption from the Volcker Rule.

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Community Bank Community How To Meeting 150

South State Correspondent

NOVEMBER 29, 2023

One of the lessons that was driven home at the recent American Banker Small Business Banking Conference in Nashville was the difference in marketing between large national banks and community banks, particularly deposit marketing. The bank can then record conversions as they market to this test group. There is a reason for this.

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Marketing Regional National Nashville 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.

Maine 142

Maine Groups San Francisco Lending 142

Perficient

AUGUST 10, 2020

And I think we have a great mix of ‘big city’ atmosphere and activity, combined with a bit of ‘small town’ community and connection,” says Matt Kislowski, Client Services Director. The WeWork building is a co-working space that provides networking opportunities with other local and national companies.

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Charlotte Community North Carolina Meeting 520