Focus articles

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Why succession planning is key to bank independence

Independence is at the heart of many community banks’ ethos, but how do community bankers embed this core value into their strategic planning? Here are three critical strategies that use succession planning and board management to maintain independence. By Colleen Morrison Independence is on everyone’s mind this month, so, too, should the importance of independence […]

painting of a spiral

How to optimize your bank’s D&O insurance

Directors and officers (D&O) liability insurance is a must-have risk mitigation tool for banks regardless of their asset size or geography. Here’s what community banks and bankers can do to make sure they’re covered. By Susan Thomas Springer Wherever we are in the economy cycle, the need for directors and officers liability insurance is a constant. […]

illustration with UX looking icons

10 mobile lending UX best practices

The easier and more intuitive your mobile lending platform is to use, the more high-quality loan applications you’ll receive. By Elizabeth Judd If an outstanding user experience for mobile lending platforms were not already a holy grail for community bankers, it’s certainly become one as they consider how to do business in a world gripped by COVID-19. […]

Mary Quist presents Jim Amundson with an honorary $20 million check

Medica’s $20 million deposit at community banks

Often, our good deeds have a butterfly effect among those around us. As health insurer Medica deposits $20 million across dozens of community banks in Minnesota, it will allow these institutions to make more loans locally and spur economic activity. By Ed Avis When leaders at Medica, a nonprofit health insurer in Minnesota, sought an […]