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Posts tagged with "Community banks"

05/23/2019

Main Street, USA = Community Financial Institutions + Small Businesses

Our Small Business Revolution – Main Street team recently finished its 2019 series of small business marketing seminars. Since 2016, the team put on more than 20 free seminars taking place in locations from Oregon and Washington state to South Carolina, Texas, and Michigan. In these FREE one-day seminars, small business experts shared insights and…

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12/20/2018

New Wave: Is the Explosion of Neo-Banks Really a Threat?

Neo-banks are creating industry disruption, but how worried should community banks and credit unions be? What’s the risk of becoming the next Blockbuster or Toys R Us as consumers increase their adoption of digital-only alternatives? Thus far in 2018, American neo-banks have received four times as much funding as they did last year, the New…

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08/15/2018

ABA List Highlights How Banks’ Tax Savings Will Be Spent

When tax reform was first announced, there were plenty of predictions as to how the tax savings would be spent. Thanks to the ABA’s Energizing the Economy list, we can actually see – in one place – how banks are spending their initial windfall. Across the list, there is a healthy investment in employees, whether…

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07/11/2018

Where is the Relief in the Dodd-Frank Rollbacks?

Legislators could have done so much more. Like you, I was hoping The Economic Growth, Regulatory Relief and Consumer Protection Act (the Act) would provide more regulatory relief for the nation’s smallest community banks. There’s still cause for celebration, however. The Act has provisions related to capital requirements, financial reporting, and the Volcker Rule that…

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05/24/2018

How Can Community Banks Sail Through Growing Pains?

Community banks want big-bank budgets for new capabilities. Big banks want that community-bank feel for their customers. Which of these banks has the more difficult climb? My Unique Findings at an Incredible Community Bank Their small branch that once sat on a dusty road with little traffic now occupies the epicenter of a community that has…

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05/17/2018

The Battle for Retail Deposits

A coffer filled to the brim with low-cost deposits … ah, those were the days. As anyone in banking will tell you, the days of free-wheeling deposit growth for community banks are grinding to a halt. The reason? The Federal Reserve made good on its promise to raise rates, and more are coming down the…

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04/30/2018

How Community Banks Can Resecure Their CRE Lending Business

Commercial real estate loans have been integral to the success of many small banks. Long before the Great Recession made everyone in the banking industry rethink nearly everything about how they did business, numerous community banks were highly dependent on CRE loans for revenue. CRE concerns As the economy recovered from its economic downturn, many…

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