Focus articles

A hand flipping a switch

LIBOR: What are your options after it ends?

LIBOR: What are your options after it ends?

As LIBOR’s retirement approaches, here’s what community banks can do now to prepare for the switch, even if they haven’t settled on which index they plan to use. By Katie Kuehner-Hebert The retirement of the London Interbank Offered Rate, or LIBOR, is fast approaching. Community banks that use LIBOR to price certain loans should be […]

Andy Fischer

Community banks meet a need for rural mortgages

With community banks providing the only physical banking locations in nearly one in five U.S. counties, they meet a critical need for mortgage borrowers while also helping to stem rural flight. By Bridget McCrea The numbers don’t lie: Community banks provide rural homebuyers with vital access to credit. According to the Brookings Institution, community banks […]

How to connect with talent in smaller markets

Most community banks serving rural communities and small towns understand that recruiting talent, especially young people, is important. However, given low unemployment and limited recruiting budgets, finding the right people can be easier said than done. Here’s how several community banks are finding superstar hires outside of the big cities. By William Atkinson With record-low […]

inside the barrel room

504 loans could help your business customers. Here’s how

While not the most popular SBA loan program, 504 loans may offer an attractive financing option for both new and seasoned small business customers. They’re another tool in community banks’ toolbox for fostering small businesses’ success, at a time when they need support more than ever. By Beth Mattson-Teig The Small Business Administration’s 504 Loan […]

Pastries in a glass case

Why small business payments have big potential

To their small business customers, community bankers are more than just lenders. They’re advisors, collaborators and cheerleaders. That close relationship puts them in an ideal place to offer these customers the payments options that will help them grow. By Colleen Morrison Picture a black-and-white television showing The Andy Griffith Show. Opie Taylor walks down Mayberry’s […]

thumb print

Put your finger on biometrics compliance

Today’s community banks have a full suite of resources to keep their customers and their information secure, including biometric authentication. But in the past decade, states have been eyeing new laws to regulate the use of this growing cybersecurity technology. By Mary Thorson Wright The federal Gramm-Leach-Bliley Act (GLBA) requires financial institutions to protect the […]

classroom

Cybersecurity education planning

At a time when many customers worry about keeping their data secure, a cybersecurity education program offered at a community bank can be a way to play an active role in their financial well-being. Here’s how one community bank is drawing hundreds of people to its cybersecurity events. By Mary Yerkes Ask a group of […]

Regtech numbers

7 questions to ask before you invest in regtech

Technology can ease the complexity of regulatory compliance, but it pays to go into the buying process with your eyes open. By Cheryl Winokur Munk To say regulatory compliance is complicated and costly for banks is a no-brainer. In a recent study of the U.S. banking industry from Wolters Kluwer, 47% of respondents ranked manual […]

RV on a mountain lake road

Banks that found their niche lending markets

Technology has blurred community banks’ geographic borders for some lending niches—but for others, face-to-face remains the gold standard. These community banks know one size doesn’t always fit all. By Katie Kuehner-Hebert The gold standard for community banks is finding a lucrative lending niche, but how do you decide which delivery channels are best for which […]

Top