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The community banks beating the Great Resignation

Independent Banker

These community banks share how they have (or haven’t) altered their hiring strategies. According to the BLS, “quit levels and rates” by employees is higher in all employment sectors than it is in “finance and insurance” specifically, which is where community banks would fall (see table below). Photo: Colin Conces. By William Atkinson.

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Lenderfit Launches SMB Lending Tech In Beta

PYMNTS

Reports in Insider Louisville said the Louisville-based startup launched in beta this week, according to CEO David Taliaferro. The firm digitizes the process to initiate and complete a small business loan while maintaining communication with the borrower so everyone can gain visibility into progress made.

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Efficiency now: 8 smart strategy tips

Independent Banker

Fallout from recent global events presents an obstacle to generating revenue for community banks. Since COVID-19, profitability planning for community banks has mainly hinged on how the government was coping with the pandemic and the key role financial institutions played in keeping the economy afloat. By Elizabeth Judd.

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Podcast: Church Lending and Other Ways to Renew Urban Neighborhoods

ABA Community Banking

As urban areas across the country grow and change, community development financial institutions like Metro Bank in Louisville, Ky., are meeting the unique needs of these evolving neighborhoods. The post Podcast: Church Lending and Other Ways to Renew Urban Neighborhoods appeared first on ABA Banking Journal.

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How to keep good employees

Independent Banker

From left: Heather Kelley, Jan Button-Minton, Andrew Pyles and Ro Byrd of Eclipse Bank in Louisville, Ky., Job seekers are in the driver’s seat across most industries, including community banking,” says Lindsay LaNore, group executive vice president and chief learning and experience officer for ICBA. Photo: Chris Cone.

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Old National Bank thanks employees for dedication in shooting's aftermath

American Banker

During the company's second-quarter earnings call, CEO Jim Ryan acknowledged employees' "resiliency and their commitment to supporting one another" after a gunman opened fire on a Louisville, Kentucky, branch in April.

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Kentucky banks agree to merge

American Banker

Stock Yards Bancorp in Louisville says it would pay $190 million in cash and stock for Kentucky Bancshares.