Independent Banker

JUNE 30, 2022

We asked community bankers and experts for their advice on ensuring employees feel a sense of belonging. If community banks put in the effort to foster a sense of belonging, the result is a stronger workplace culture, greater employee loyalty and, ultimately, a better experience for customers. By Roshan McArthur.

Community Bank 91

Community Bank Community Leadership Millennials 91

Abrigo

JULY 3, 2017

Millennial business owners (which for this survey included owners younger than 39) overwhelmingly preferred paper-free accounting, at 78 percent. The top technology tools millennial owners desire were cloud-based technologies, online invoicing and digital payments, Bill.com said.

Mobile 150

Mobile Millennials Survey eBook 150

PYMNTS

JUNE 26, 2017

“It is important that we understand the challenges faced by the next generation of entrepreneurs so we can support them as we create jobs and economic growth, as well as prosperity for themselves, their families and their communities,” said HSBC Private Banking Chief of Staff Stuart Parkinson in a statement. Fifty-eight percent of U.K.

Millennials 132

Millennials Regional Report Community 132

Abrigo

OCTOBER 21, 2019

It sounds like the beginning of a joke, but for many community financial institutions, a spectrum of different customers and banking needs is something that they see every day. I’ve found that attracting younger, millennial talent is almost like attracting clients,” said McBay.

Millennials 218

Millennials Oklahoma Innovation Technology 218

Perficient

JULY 31, 2020

Three leading organizations — Salesforce , Perficient , and The Chartis Group — have come together to share bright spots within the healthcare community that can point the way to building the necessary capacity to adapt. Register now for our upcoming virtual panel on Revenue Resilience | August 11, 2020 at 2pm EST / 11am PST.

System 332

System Metro Operations Millennials 332

PYMNTS

JULY 31, 2017

According to the FinTech’s latest “ Performance Against Customer Expectations (PACE) Report ,” SMEs are unhappy with a lack of options for high-tech products and services, and as more small businesses switch banks, analysts say this discontent could accelerate bank-switching among the nation’s small business community.

Survey 112

Survey Community Bank Community Regional 112

PYMNTS

DECEMBER 10, 2018

Brockway seeks to help travelers explore well-known sites as well as those with more of a regional flair, providing a balance of both landmarks and local gems so they can understand the essence of a country when they visit. In addition, she noted that the South Coast region has scenic beaches and an even bigger surfing scene.

Regional 144

Regional Millennials Training Course 144

PYMNTS

APRIL 23, 2019

Tick down the list of offerings spanning decades (the Mac, the iPhone, the iPod, iTunes, the iOS operating system/ecosystem), and one can find that the ways we communicate, listen, stream and, indeed, interact with technology have all shifted. but Apple has made itself indispensable across many verticals.

Apple 200

Apple Cards Payments Course 200

PYMNTS

JANUARY 15, 2019

Visa said Monday evening at a New York gathering in anticipation of the launch that events through a year-long campaign will include interactive workshops, tailored on a community-by-community basis. An inaugural Jan. Notably, at the Atlanta event, participants from Visa, Square and Yelp will participate in the workshops.

Atlanta 189

Atlanta New York social media Community 189

PYMNTS

AUGUST 17, 2017

But, while closing physical bank branches might appear to be a wise cost-saving measure, the move comes with risks that could hurt banks’ relations with new millennial customers. Results also noted this generation is less likely to open a bank account if physical bank locations are not available in their communities.

Millennials 132

Millennials Digital Banking San Francisco Fintech 132

PYMNTS

JUNE 24, 2019

The region is also the home to more than 213 million millennials. Together, Visa and Razer FinTech have the opportunity to transform the payments experience for not only the gaming community, but many of Southeast Asia’s unbanked and underserved consumers as well,” said Chris Clark, Visa’s regional president for Asia Pacific.

Company 100

Company Online San Francisco Payments 100

American Banker

AUGUST 28, 2016

Sometimes the very challenges millennials introduce — whether it is seeking more benefits, demanding flexible schedules or asking for frequent feedback on performance — can turn banks into better places to work for employees of all ages.

Millennials 53

Millennials Community Bank Regional National 53

PYMNTS

JULY 25, 2017

And that, Passione said, is an opportunity for lenders who, in the years since the Great Depression, have found themselves struggling to build relationships with millennial consumers and who have taken a sort of “chilly” outlook toward traditional financial institutions (FIs). There are currently 13,000 community banks in the U.S.,

Lending 100

Lending Community Bank Millennials Community 100

PYMNTS

JANUARY 17, 2020

communities. And some of those areas and cities — Chattanooga, Tennessee stands as a good example — are striving to become more attractive to millennials and others, with better internet a big part of such efforts. The company said in its FCC filing that it will help serve communities in the U.S. “by Expensive Cities.

Payments 131

Payments Los Angeles San Francisco New York City 131

NCR

JULY 12, 2016

Millennial customers are quickly becoming key to the growth strategy of financial institutions, particularly in hyper-competitive markets where customer churn remains high. While millennials tend to judge a bank on the basis of its digital capabilities, they still also expect a human connection to advise them.

Millennials 40

Millennials Meeting Compliance Regional 40

Celent Banking

MARCH 16, 2015

The conference was full of community bankers discussing evolving business models and the pressures its placing on their ability to gather deposits. Large banks are now trying to compete on serving the customer and they´re positioning themselves to look and feel like a community experience. Presenters proposed some solutions.

Conference 100

Conference Retail Community Community Bank 100

PYMNTS

FEBRUARY 1, 2019

Early Warning said that 85 percent of the FIs that are part of the Zelle network “are regional and community banks, or credit unions with assets less than or equal to $10 billion, while 77 percent of participants list assets less than or equal to $1 billion.”

Cards 179

Cards Payments Mobile Operations 179

PYMNTS

MAY 29, 2020

Open banking and application programming interfaces (APIs) are an important priority for the European Union, with the revised Payment Services Directive (PSD2) requiring the initiatives for the banks in the region. Millennials Are Facing Their Second ‘Once-in-a-Lifetime’ Financial Crash .

Maine 130

Maine ATM Innovation Millennials 130

PYMNTS

OCTOBER 8, 2019

CUs are no longer confined to operating primarily as regional players, moving beyond the confines of original charters that had limited them to, say, specific communities or employers. The Millennial Challenge. There’s a younger generation in the U.S.

United States 102

United States Millennials Course Lending 102

American Banker

AUGUST 28, 2016

Millennials came of age in the wake of the Great Recession and have developed a hardened skepticism about banks. For banks to attract them as employees, it's going take more than a promise of work-life balance.

Millennials 43

Millennials Community Bank Regional National 43

PYMNTS

FEBRUARY 19, 2020

And by the granular numbers, the picture looks even worse: Obesity among women has more than doubled in some regions over the last decade-and-a-half. But the market is changing and new players are entering – most notably Noom , a subscription weight management and fitness program that has been dubbed “Weight Watchers for millennials.”.

Marketing 131

Marketing Exercises Course Data 131

Independent Banker

JANUARY 26, 2016

ICBA has planned an educational lineup of more than 60 workshops and networking sessions for next month’s Community Banking LIVE conference in New Orleans. Community banks can beat tech-based, nontraditional competitors at their own game. billion-asset community bank in Winter Haven, Fla., On New Competitors. Digital Jujitsu.

Community Bank 70

Community Bank Community San Diego Strategy 70

PYMNTS

SEPTEMBER 23, 2016

Most regional and community banks aren’t in the position to develop cutting-edge mobile banking products in-house. If you’re local and small, you’re much more accessible to your customer, and that is a major part of the draw for community banks — the personal relationship,” Fossella told Karen Webster in a recent interview.

Mobile 100

Mobile Community Bank Tools Community 100

Tech and Finance

JULY 13, 2016

Regional and mid-tier banks face an uphill battle on the digital front, but have advantages they can capitalize on with some focus and determination. Alarm bells are sounding in boardrooms of regional and mid-tier banks across the U.S. Or at least they should be. The 2016 U.S. Retail Banking Customer Satisfaction Study from J.D.

Regional 28

Regional Mobile Millennials Study 28

Gonzobanker

DECEMBER 20, 2019

Mark Turner, Executive Chairman of the Board, WSFS Bank – We have to give the nod to an early 2019 retirement of Turner, who had one hell of a run in 12 years at the helm of a great community and wealth bank. It was always clear how much Jones loves his credit union, his team and his community. Credit Union Lifetime Achievement Awards.

Idaho 148

Idaho Conference Data Marketing 148

FICO

DECEMBER 20, 2018

Indeed, we are already starting to see signs of distress among community and regional banks that lack the advertising budgets and sophisticated digital capabilities of the big national banks. In response to this competitive pressure, top 100 banks will invest in an area that has been neglected for too long — deposit pricing strategy.

Trends 73

Trends Lending Fraud Exercises 73

The Financial Brand

JUNE 6, 2024

This article Navigating Millennials in Banking: Capturing the Impending Generational Wealth Transfer appeared first on The Financial Brand. With millennials bringing forth a major international wealth transfer, regional and community financial institutions are uniquely positioned to help. Here's why.

Millennials 14

Millennials Regional Branding Community 14

Long Lasting Ideas

FEBRUARY 23, 2016

If you want to attract millennials, take on the bicycles and the marchers at a red light with a sports car and a rock guitarist. It’s a creative way to communicate the idea of building wealth more quickly and creatively. Know your community’s cultural touchstones. It also tells the community that you care.

Branding 40

Branding Alabama Community ATM 40

Banking 2020

NOVEMBER 27, 2015

No one understands this trend better than those pesky millennials. The report makes clear that while winning over millennial customers is hard enough, keeping them can be even harder. Some might be, but it turns out that the big winners, at least in this iteration, are actually local and community banks, registering a 5% migration.

Millennials 40

Millennials Survey social media Online 40

NCR

JUNE 14, 2016

April kicked off Financial Literacy Month so we recently talked with Becky Stapleton, senior executive vice president and chief banking officer at S&T Bank, to learn about the various initiatives they host in order to promote financial literacy in their local community. S&T Bank is a community bank in every sense of the term.

Pennsylvania 40

Pennsylvania Community Regional Indiana 40

PYMNTS

APRIL 4, 2018

Consumers are changing jobs more often, or working a variety of gig economy jobs – and while that was once considered a millennial working habit, Crenshaw noted, it is increasingly becoming a tendency of American workers in general. So they modified their strategy somewhat as they entered markets.

System 115

System Tools Groups Millennials 115

CB Insights

JULY 17, 2018

Instead, new millennial-inspired and tech-infused dining trends have been emerging across the US and internationally. Many of yesterday’s casual dining brands are dying, but not because millennials “don’t eat out.” Community initiatives: Loom (Massachusetts). Dining out. the Future of food report.

San Francisco 69

San Francisco California United States CA 69

PYMNTS

MAY 30, 2016

One of the most significant: the health and importance of small businesses and, in particular, the “mom-and-pop” shops that line the Main Streets and side streets of our local communities. Individuals who may not have traditional access to credit — millennials, immigrants, the unbanked, etc. —

Trends 100

Trends Retail Fraud Mobile 100

Banking 2020

FEBRUARY 17, 2015

For everyone from lazy millennials in the suburbs to disadvantaged denizens in under-developed regions, this is a game-changer. Quite simply, mobile banking can effectively change the world by bringing banking to communities that otherwise have no access to it. It almost seems inevitable.

Mobile 40

Mobile Online Millennials Course 40

NCR

AUGUST 22, 2017

Everyone in the financial services industry has heard clichés about banks facing strong headwinds fueled by everything from global economic turbulence, to the fickle expectations of millennials, to competitive pressures from agile fintechs – the new kids on the banking block.

Fintech 45

Fintech Innovation Millennials Customer Experience 45

American Banker

SEPTEMBER 12, 2016

Groups in North Carolina, Pennsylvania and elsewhere are stepping up efforts to create programs and conferences dedicated to younger bankers, including millennials.

North Carolina 28

North Carolina Pennsylvania Millennials Conference 28

CB Insights

SEPTEMBER 4, 2019

Popular media coverage of millennials often fixates on the industries the generation is allegedly killing and their supposed fiscal irresponsibility. Some industries benefiting from millennials’ increased spending power, such as travel, reflect well-worn Gen Y tropes like the general preference for “experiences” over things.

Millennials 78

Millennials Industry Branding social media 78