Abrigo

SEPTEMBER 22, 2015

Many community banks see this as a welcomed move towards offering smaller institutions some relief from the regulatory pressures of their larger, national counterparts. Laura Stewart, CEO of Sound Community Bank in Washington said of preparing the call report: "It almost feels like a full-time job."

Community Bank 150

Community Bank Community FDIC Survey 150

Abrigo

JULY 23, 2015

According to the Sageworks 2015 Bank and Credit Union Exam Survey , more than 40 percent of the 180 responding institutions had already begun stress testing, and it was recommended to 30 percent that they begin stress testing or expand current stress test practices. Understand your portfolio and its risk factors. Ensure proper data.

Community Bank 150

Community Bank Community Data Resources 150

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

NOVEMBER 26, 2018

billion, according to surveys commissioned by the company. In addition to supporting brick-and-mortar businesses, 41 percent of consumers surveyed said they shopped small businesses online. Small business owners surveyed said they count on an average of 29 percent of annual sales to happen during the holiday season.

social media 193

social media Survey National Community 193

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.

Community Bank 130

Community Bank Community FDIC Strategy 130

PYMNTS

JULY 1, 2016

Singapore is on a mission to build up a Smart Nation by utilizing innovation and technology to create opportunities and strengthen communities. Startups are estimated to employ nearly 300,000 on the island nation. Singapore is poised to become the world’s first country to make the notion of a “Smart Nation” an actual reality.

National 133

National Training Bitcoin Samsung 133

Independent Banker

DECEMBER 31, 2021

Independent Banker ’s annual Community Bank CEO Outlook survey reveals how community bank leaders plan to leverage today’s deposit-laden banking environment to grow this year. Janet Silveria, Community Bank of Santa Maria. So, what’s at the top of community bank leaders’ to-do lists? What changes will 2022 bring?

Community Bank 144

Community Bank Community Lending Louisiana 144

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

PYMNTS

MAY 12, 2020

Local and regional banks may have once been more insulated from these trends than other businesses since they are often trusted names within their communities and maintain long-standing relationships with their customers. This series, based on a survey of 3,000 cardholding U.S. percent of national banks, versus 77.5

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Regional National Cards Mobile 241

South State Correspondent

MARCH 5, 2024

In this article, we will consider how and why loan size is one of the most significant drivers of profitability for community banks and what community banks can do to improve performance. However, a community bank’s average commercial loan size is between $250k and $500k. Some of the results are shown in the table below.

Community Bank 195

Community Bank Community National Lending 195

South State Correspondent

MARCH 5, 2024

In this article, we will consider how and why loan size is one of the most significant drivers of profitability for community banks and what community banks can do to improve performance. However, a community bank’s average commercial loan size is between $250k and $500k. Some of the results are shown in the table below.

Community Bank 195

Community Bank Community National Lending 195

PYMNTS

MAY 7, 2018

A new report from Intuit, “ Small Business in the Age of AI ,” released in honor of National Small Business Week, examines entrepreneurs’ expectations and attitudes for artificial intelligence and how the technology might impact their ability to wield automation to grow their businesses.

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Community Big Data Survey Tools 117

Abrigo

DECEMBER 10, 2019

According to the National Council on Aging (NCOA) this heartless crime is most likely under-reported due to the victims’ fear, shame and embarrassment. Eighty-one percent of banks surveyed listed reporting to APS as one of their key actions in dealing with suspected elder fraud, up from 62% in 2017. billion annually.

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Fraud Study United States Training 284

PYMNTS

JANUARY 15, 2021

Bastian’s outlook is partly based on a recent survey of corporate travel clients, which showed 40 percent expected to be fully back to 2019 levels by 2022, and another 11 percent expected to be fully back by 2023. And they're going to travel to thousands of smaller communities, too.".

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New York City United States Florida National 270

Abrigo

FEBRUARY 25, 2022

Nearly 90 of 100 bankers surveyed during a recent Abrigo webinar said their institutions plan to increase the volume of small business lending or commercial lending this year. Indeed, some bankers are already giving up spreads in order to win loans, according to the January Fed Senior Loan Officer Survey. You’re in good company.

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Lending St. Louis Community Survey 195

PYMNTS

MAY 12, 2020

A survey by the National Community Pharmacists Association last fall found the number of independent pharmacies fell by nearly 20 percent to 18,478 stores last year, down from 23,029 in 2012. Long before the coronavirus pandemic struck, the health of independent pharmacies was suffering.

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Survey California Taxes Online 200

PYMNTS

JANUARY 27, 2021

The National Restaurant Association , the country’s (and world’s) foodservice trade association, released its annual State of the Restaurant Industry report on Tuesday (Jan. Working together as one, I am confident in our ability to continue safely serving our guests and supporting our communities.”. Healthier And More Indulgent.

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Industry Report Technology National 264

PYMNTS

JULY 22, 2020

The launch follows a Pew Research Center survey last fall that revealed two-thirds of U.S. The Clean Water Card , a Visa card for Clean Water Action members and supporters, supports clean water and healthy communities. Santander plans to issue its cards shortly. Green America, the Washington, D.C. percent of the purchase.

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Cards America Policies Washington 212

Independent Banker

MARCH 31, 2022

This Community Banking Month, I invite you to try something new to spread your story. Share a new development, community project or initiative. As community bankers, we know relationships matter. Or look at our new chairman’s bank, Community Spirit Bank in Red Bay, Ala. Photo by Chris Williams.

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Oklahoma City social media Memphis Community 161

Abrigo

NOVEMBER 29, 2021

Takeaway 3 Community banks have seen less volatility in noninterest income, and many are still eyeing growth across the category. Lawmakers and the regulatory community have taken notice of the increase in bank service charges and fee income and have responded, specifically regarding overdraft fees. Community banks target growth.

Community Bank 195

Community Bank Community FDIC Trends 195

PYMNTS

NOVEMBER 11, 2016

Just 19 percent of small businesses surveyed, for example, said their banks adequately met their financing needs, with a quarter of businesses reporting they were turned away from a bank as they sought financing to grow. Researchers declared this was a serious threat to the nation’s economy.

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Survey Report Community Meeting 183

PYMNTS

APRIL 30, 2018

National Small Business Week is this week in the U.S., and finance experts are celebrating with new data on the state of the entrepreneurial community. But analysts from Bank of America, Square, Navcom and the National Association for the Self-Employed warn that challenges for some SMBs have reached new heights, too.

Taxes 144

Taxes America National Community 144

Independent Banker

JUNE 30, 2022

Last year, community bank loan producers were faced with both record-low interest rates and a glut of deposits. But as they always do, they came through for individuals and businesses in their communities with a combination of personalized service and prudent risk management practices. American Bank, National Association.

Community Bank 172

Community Bank Community National Philadelphia 172

PYMNTS

JULY 17, 2020

A CDC survey found 65 percent of U.S. Cloth face coverings are one of the most powerful weapons we have to slow and stop the spread of the virus, particularly when used universally within a community setting. All Americans have a responsibility to protect themselves, their families, and their communities.”.

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Survey Community National Tools 160

South State Correspondent

AUGUST 22, 2023

In this article, we detail the five steps to building a treasury management strategy, provide some tools to execute those steps, and then provide a complimentary survey to assess your strengths and weaknesses. For $6, a community bank can garner a lead that has an average of 9% probability of converting with over $33k per year in value.

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Management Community Bank Survey Community 195

PYMNTS

APRIL 8, 2020

citizens who paid rent this month was down 12 points, from 82 percent in March to 69 now, as a result of the economic disruption from the coronavirus, according to a housing survey released Wednesday (April 8). The percentage of U.S. The NMHC Rent Payment Tracker reflects data from 13.4 million units across the United States.

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Las Vegas Data US United States 150

ABA Community Banking

SEPTEMBER 29, 2021

With the nation still grappling with a global pandemic, bankers’ concerns have shifted, according the Conference of State Bank Supervisors’ eighth annual national community bank survey released today. Last year’s focus was on local business conditions.

Survey 45

Survey Community Community Bank Conference 45

Perficient

OCTOBER 1, 2020

Yet change was brewing in healthcare before the pandemic hit our communities. A recent McKinsey survey anticipates that 40% of physicians are now more likely to refer their patients to nonhospital facilities for procedures and office visits post- Covid. It soared to more than 50% in early April and now sits at 18% nationally.

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System Examples Industry Operations 364

Abrigo

JUNE 5, 2015

Sorrentino says, “As the backbone of the US economy, our nation’s growth depends on community banks figuring out how to operate in this ever-increasing regulatory environment. Sageworks is currently conducting our biennial Bank and Credit Union Examination Survey , which focuses on federal exam experiences.

Risk Management 150

Risk Management Community Bank Regulation Survey 150

PYMNTS

APRIL 23, 2020

Interestingly, that same survey, which tallied responses in February, before the coronavirus hit the U.S. Our survey shows that 64.2 percent of consumers are either “very” or “extremely” likely to use or already use national banks, and 60.1 percent feel the same toward local and community banks. As many as 36.8

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San Francisco Online Fintech Survey 252

PYMNTS

DECEMBER 5, 2018

India saw a busy year in B2B FinTech as the small business (SMB) community continued to demand enhanced financial services. The nation continues to push against cash in favor of digital payments, while both the government and private sector continue to fuel FinTech innovation.

Innovation 171

Innovation Survey Operations Community 171

Independent Banker

DECEMBER 1, 2021

Additionally, a recent survey by FIS shows that 37% of consumers began a new banking relationship with a major national or global bank that had a well-established online portal in the past 12 months. Increasing role of technology. 18% of these consumers opened an account with an online-only direct bank.

Community Bank 91

Community Bank Community Fintech Guidelines 91

South State Correspondent

SEPTEMBER 20, 2023

What Profitable Cash Management Accounts Want A recent survey by GTreasury found that 70% of treasury departments have five or fewer team members. In the survey (below), respondents were asked what they needed in a treasury management relationship.

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Management Survey Industry Community Bank 195

PYMNTS

NOVEMBER 23, 2020

The rule would guarantee that everyone would have equal access to banking services offered by national banks, federal savings associations, and federal branches and agencies of foreign bank organizations, the statement indicated. percent of consumers surveyed reported that their primary bank is a digital-only bank (4.2 percent). .

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Study Survey System Regulation 170

Abrigo

AUGUST 26, 2015

This is the sentiment of several high-profile executives regarding the National Credit Union Administration’s (NCUA) stance on examination cycles for credit unions. Earlier this spring a bill was proposed in Congress to allow more community banks take advantage of a longer exam cycle. “… it’s not 2008.”.

Survey 150

Survey Community National Community Bank 150

Abrigo

DECEMBER 18, 2023

WATCH Takeaway 1 Banks and credit unions are critical sources of capital for businesses in their communities, so how institutions assess CRE credits matters. But that might not be the best move for your financial institution or your community. But Kirby recommended examining data and surveys used to support this idea.

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Risk Management Management Lending Capital 221

PYMNTS

JULY 15, 2020

Today, 65 percent of more than its 5,000 stores and clubs are located in communities where the government has mandated face coverings, the companies said. “To A Goldman Sachs survey found that a national mask law could spare the U.S. We know some people have differing opinions on this topic,” said Smith and de la Rosa. “We

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