Perficient

MARCH 3, 2021

Perficient developed the La Puerta portal framework as a way of giving back to the Detroit community and to pave the way for students to benefit from a college education. The Michigan Hispanic Collaborative’s goal to improve the economic strength of the Hispanic community in Michigan. “We ” In Michigan, only 15.7%

Detroit 520

Detroit Michigan Community Resources 520

PYMNTS

JULY 3, 2020

People’s United Bank, which operates across Connecticut, southeastern New York state, Massachusetts, Vermont, Maine and New Hampshire, recently demonstrated the growing interest of community banks to collaborate with FinTechs to expand their product offering — just as larger national and multinational financial institutions (FIs) do.

Regional 214

Regional New Hampshire Tools Vermont 214

South State Correspondent

JULY 15, 2024

We conducted a loan performance analysis for over 5,000 individual hedged commercial loans originated by almost 400 community and regional banks across the country. Universe of Banks We analyzed the performance of hedged loans at community and regional banks with a total principal outstanding of approximately $12B.

Community Bank 195

Community Bank Analysis Community Training 195

Bank Innovation

APRIL 13, 2020

Rapidly deployed automation technologies are helping community and regional banks keep up with the deluge of applications. The Small Business Administration launched its Paycheck Protection Program loans more than a week ago and banks have been racing to keep up with the volume ever since.

Innovation 370

Innovation Regional Community Technology 370

PYMNTS

NOVEMBER 26, 2019

Rural communities with lower incomes or a higher percentage of minorities saw the most closures, losing 1,553 bank branches in 794 counties, a decline of 14 percent. Urban areas lost 9 percent of branches in 802 communities. More than half of the 3,114 counties in the U.S. Earlier this month, the U.S.

Community 209

Community Regional Maine Digital Banking 209

Perficient

MARCH 1, 2021

As a company known to treasure talent, embrace effort, and reward results, Perficient’s goal is to extend a number of qualified cohort graduates a full-time job in the software engineering and development field, where they will partner with one of the world’s biggest brands in the Detroit metro region. .

Detroit 520

Detroit Training Community Metro 520

South State Correspondent

JANUARY 10, 2024

Community banks’ use of swaps (banks’ primary tool to hedge interest rate risk on loans) has increased substantially over the last ten years. Meanwhile, community banks face net interest margin (NIM) and fee income pressure. Meanwhile, community banks face net interest margin (NIM) and fee income pressure.

Community Bank 195

Community Bank Community National Regional 195

PYMNTS

APRIL 14, 2020

To provide regional and community banks with a full-scale solution to manage and grow their FX programs, FinTech firm Derivative Path, Inc. Our industry-leading rates platform now combined with Currencycloud’s capabilities will make our offering even more powerful for our regional and community banking clients.”.

Regional 181

Regional Community Bank America Community 181

South State Correspondent

AUGUST 29, 2022

Over the last 15 years, an ever greater percentage of community banks have embraced some form of interest rate hedging. However, about one in five community banks offer some form of loan-by-loan hedging products. Each has advantages and disadvantages, and the right solution may differ for each community bank.

Community Bank 195

Community Bank Community Strategy Regional 195

South State Correspondent

AUGUST 29, 2022

Over the last 15 years, an ever greater percentage of community banks have embraced some form of interest rate hedging. However, about one in five community banks offer some form of loan-by-loan hedging products. Each has advantages and disadvantages, and the right solution may differ for each community bank.

Community Bank 195

Community Bank Community Strategy Regional 195

Jack Henry

JANUARY 17, 2022

For decades – maybe even centuries – an individual’s sense of community was most often based on their interactions in a particular physical location. Neighbors, schoolmates, coworkers, and even those with whom they shared a place or method of worship formed a person’s community.

Community 179

Community Community Bank Regional Groups 179

Bank Innovation

MAY 24, 2019

As big banks try to win over customers with digital upgrades that resemble slick user interfaces from fintech startups, community banks are looking at new ways to keep pace with customer expectations. Radius Bank, a one-branch Boston-based community bank with $1.2 Many are seeing partnerships as the path to growth.

Community Bank 225

Community Bank Community Fintech Boston 225

PYMNTS

SEPTEMBER 24, 2020

smaller community banks and credit unions (CUs) stepped up to the plate and, according to the Small Business Association (SBA), ended up facilitating more than half of PPP loan volume to SMBs. That's good news for community banks and credit unions, which could see a wave of new SMB customers and members in the coming months.

Community 193

Community Community Bank Regional Lending 193

Independent Banker

JANUARY 31, 2022

Here’s how four community banks are thriving in this environment. This region has the kind of energy that draws people to a place and helps them and their businesses thrive. That year, installations further south, in the region that includes Brownsville and Corpus Christi, supported an estimated 41,000 jobs and contributed about $4.6

Texas 182

Texas San Antonio Community Bank Community 182

Independent Banker

AUGUST 31, 2021

This year’s winners: Left: Central Valley Community Bank, People’s Choice Award; Middle: Kennebec Savings Bank, Exceptional Community Bank Service Award; Right: Cross River Bank, Emerging Service Program Award. Exceptional Community Bank Service Award. Instead, we give those dollars to the community.”. Asset size: $1.36

Community Bank 196

Community Bank Community National Fresno 196

Perficient

DECEMBER 1, 2020

Louis region. Givable’s philosophy is to empower individuals, families, and businesses to make a difference in their community by making philanthropy more accessible. STL 50/50 is a regional online 50/50 raffle held every month beginning December 1, 2020. Louis Region? Each raffle benefits a different St. com website.

St. Louis 322

St. Louis Community Regional social media 322

Payments Dive

OCTOBER 31, 2022

The company is bringing the peer-to-peer payments tool to community and regional bank clients, after big banks made P2P popular through Zelle.

Tools 284

Tools Payments Regional Community 284

Ron Shevelin

MARCH 18, 2019

The traditional definition of "community" was a geographic construct, referring to a town, a county, or some other geographic region. The new definition of community is based on affinity, not geography.

Community 158

Community Technology Regional 158

PYMNTS

NOVEMBER 13, 2018

To that end, news came earlier this week in the United States that a dozen community and regional banks have formed a group aimed at exploring the opportunities amid FinTech offerings. The group, to be known as Alloy Labs Alliance, according to a press release , is being managed by FinTech Forge.

Community Bank 183

Community Bank Community Fintech Arizona 183

Independent Banker

APRIL 30, 2022

Independent Banker’s annual listing top-performing community banks of 2021 alongside interviews with some of the winners. In true community bank fashion, each has its own story to tell and its own path to success. In true community bank fashion, each has its own story to tell and its own path to success. Philadelphia.

Community Bank 172

Community Bank Community Montana Taxes 172

Bank Innovation

JANUARY 6, 2020

Jack Henry, the banking technology provider that specializes in community and regional banks, is expecting banks to increase their human-digital approaches in 2020.

Community 243

Community Regional Technology Company 243

PYMNTS

APRIL 23, 2020

Below, PYMNTS rounds up the latest solutions that FinTechs and lenders are developing to ease the PPP lending process for SMBs and FIs alike, with many initiatives focused on enabling regional and community banks to maintain a competitive edge against the biggest banks. LendingTree. Fresno First Bank.

Fresno 142

Fresno Regional Fintech Lending 142

Perficient

MARCH 10, 2022

The Acquia Partner Awards recognize 17 outstanding partners across four global regions. The awards acknowledge excellence in overall revenue performance, growth with Acquia’s Open Digital Experience Platform (DXP), outstanding contributions to Acquia product innovation, and impact on their communities.

Customer Experience 474

Customer Experience Innovation Regional Community 474

Independent Banker

NOVEMBER 21, 2021

As the first mutual bank to open in decades, Walden Mutual Bank is gearing up to support New England’s farmers, food service industry and sustainable food community. submitted its application to the FDIC at the end of August with the intent to serve New England’s local and sustainable food community with a bank owned by its depositors.

Community 170

Community New Hampshire New York Millennials 170

BankInovation

MAY 19, 2023

Fintechs are carving into the essence of what regional and community banks have done for generations, […] Emerging financial technology companies have built new services and offerings that place the customer experience front and center, providing a flexibility and speed that traditional banking institutions struggle to match.

Community Bank 85

Community Bank Regional Community Customer Experience 85

TheGuardian

FEBRUARY 7, 2024

Alessandro DiNello, new executive chairman of regional US lender, acknowledges ‘serious situation’ as stock at lowest level in decades Shares in New York Community Bancorp (NYCB) continued to fall on Wednesday, heightening unease about the US’s regional banking sector.

New York 75

New York Regional Community US 75

Perficient

OCTOBER 7, 2020

So far in 2020, Perficient offices have already won three top workplace awards in the Southeast region. They are also active in their community and enjoy serving others. Back in March, some of the employees woke up early on a Saturday morning to volunteer at the Food Well Alliance’s Community Gardens Program.

Atlanta 383

Atlanta St. Louis Charlotte Detroit 383

South State Correspondent

FEBRUARY 20, 2023

Community bankers need to understand their competitive landscape. Who the competition is, what the lending competition is offering, their delivery channels, and service levels can help community banks differentiate their services and enhance their competitive advantage.

National 195

National Lending How To Community Bank 195

PYMNTS

DECEMBER 14, 2020

regional banks. . He added that the two companies are stronger together and in a better position “to support our customers and drive economic growth in the communities we serve.” . We will be a top regional bank, with the scale to compete and the passion to serve. term shareholder value.

Detroit 237

Detroit Minneapolis Regional Community 237

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. percent of local and regional FI cardholders that report the availability of this feature. For example, 90.3

Regional 241

Regional National Cards Mobile 241

ABA Community Banking

OCTOBER 9, 2024

As president and CEO of $50 billion-plus BOK Financial, Stacy Kymes spends time thinking about the role of regional banks in the U.S. The post A place for regional banks: How BOK Financial finds and fills local needs appeared first on ABA Banking Journal.

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Regional America Meeting Capital 105

South State Correspondent

SEPTEMBER 30, 2024

In Q2/24 the average return of asset (ROA) for community banks (under $10B in assets) was 1.08%. But within the community banking sector, performance varied among banks significantly and a large swath of banks need to improve ROA. of community banks reported negative ROA. While the average ROA was 1.08%, approximately 5.7%

Community Bank 195

Community Bank Community National Regional 195

PYMNTS

MARCH 18, 2020

The first $15 million will go to groups directly dealing with how the virus is affecting people directly, with $5 million to institutions that handle community development, to dole out low- or no-interest loans. The bank has earmarked $3 million to international groups that provide the same service.

Arlington 214

Arlington Seattle Washington Virginia 214

PYMNTS

MARCH 26, 2020

To regain some of that ground, Connie Davis, senior vice president at FIS , told PYMNTS in a recent interview, FIs — particularly credit unions (CUs) and community banks — must transform the way they think about digital offerings and connected experiences. That means they can compete more effectively against digital-only competitors.

Community 247

Community Community Bank Mobile Cards 247