Community banks are still in limbo on cannabis Sep 01st 2019 12:09am on Agriculture, Business, Focus, Lending Community banks are still in limbo on cannabis Sep 01st 2019 12:09am on Agriculture, Business, Focus, Lending For financial institutions, banking cannabis-related businesses remains in legal purgatory due to conflicting state and federal laws. But some banks are making the business case for banking these customers before federal protections are put in place. By Judith Sears Conflicting federal and state laws are keeping the banking of cannabis-related businesses (CRBs) in limbo. As […]
How to respond to an unsolicited offer Sep 01st 2019 12:09am on Corporate Goverance, Focus, Leadership While they’re rare, community banks should understand their duties when receiving an unsolicited acquisition offer. But how should your community bank respond to one? By Beth Mattson-Teig Banks hungry for growth are looking to mergers and acquisitions as a quick way to scale up operations and expand into new markets. The competitive marketplace is even […]
How your bank can benefit from EXIM Sep 01st 2019 12:09am on Business, Focus, Lending The Export-Import Bank of the United States can assist your community bank in increasing its profits and providing more services to your existing customers while also attracting new ones. By James Burrows You may have heard of the Export-Import Bank of the United States (EXIM) and its support of U.S. companies. But did you know […]
Protect your bank from remote deposit capture risks Sep 01st 2019 12:09am on Focus, Fraud, Products & Services, Retail, Security, Technology Despite the newest bells and whistles of today’s banking industry, checks remain a common part of the customer experience, and remote deposit capture (RDC) has followed. What risk management strategies should banks consider when offering this convenient service? By Colleen Morrison According to the most recent Federal Reserve Payments Study, there were 19.4 billion checks […]
How Texas banks are catching skimmers Sep 01st 2019 12:09am on Advocacy & Policy, Banks, Focus, Industry Insight, Legislation A group of Texas financial institutions is teaming up with law enforcement to crack down on rampant card skimming in the area. Their fraud prevention efforts, which included boosting new anti-skimming laws, started at a community bank. By Katie Kuehner-Hebert When Ken Hartley became the bank security officer of $2.6 billion-asset Texas Bank and Trust […]
Make LinkedIn work for your community bank Sep 01st 2019 12:09am on Focus, Marketing, Membership LinkedIn isn’t just for finding jobs anymore. Community banks can use the platform to make human connections with customers and other businesses. By Erin Anderson Many companies are just waking up to the possibilities that a strong LinkedIn presence can unlock for their brand. For community banks, experts say LinkedIn offers exciting opportunities for strengthening […]
Could a travel club be right for your bank? Aug 01st 2019 12:08am on Focus, Products & Services, Retail Community banks can foster relationships and boost customer loyalty with travel clubs. Could it be right for your bank?
3 reasons to put P2P at the heart of your payments strategy Aug 01st 2019 12:08am on Focus, Other / Payments, Technology P2P has gained widespread acceptance in the U.S. Here’s why your community bank should make it an institutional priority.
Why vendor security matters to your bank Aug 01st 2019 12:08am on Focus, Fraud, General, Operations & Management, Security, Technology Today’s fraudsters may choose to attack a community bank’s digital platforms or physical branches and ATMs. But what happens when a cybersecurity vendor isn’t well versed in physical security, or vice versa?
How to keep mortgage lending personal Aug 01st 2019 12:08am on Focus, Lending, Mortgage Taking out a mortgage is often the biggest financial decision someone will ever make. That makes it the perfect opportunity for community banks to demonstrate the value of the relationship banking model.
