Lending articles

How automated lending can make your bank more efficient

How automated lending can make your bank more efficient

A number of fintechs provide solutions that automate a portion of the lending process. The goal? To reduce labor-intensive back-office processes. These companies claim that this greater efficiency can help community banks grow revenue and, ultimately, improve customer service on the front end. By Mary Yerkes Community banks are looking for ways to stay competitive, […]

Could hemp be your bank’s next lending market?

The 2018 farm bill opened the floodgates for banks looking to service hemp growers and businesses. But there are still decisions that state and federal regulators, as well as community banks and producers, need to make regarding this market. By Katie Kuehner-Hebert While Congress debates whether banks can serve cannabis-related businesses, the federal government is now […]

The high and low tides of coastal banking

Travelers come and go from resort destinations, but the community banks that serve these coastal communities remain, regardless if it’s peak season or if a tropical storm is brewing. But what’s it like behind the postcard? Coastal banks deal with cash-heavy businesses, shipwrecked collateral—and even sand in their branches. By Judith Sears Only about 7,000 […]

Community banks are still in limbo on cannabis

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 your bank can benefit from EXIM

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 […]

How to keep mortgage lending personal

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.

Independent Banker’s most innovative banks of 2019

These five community banks are all making bold changes in different ways. They’re finding their own forms of pushing the envelope, whether it’s leading the charge in a new line of business or developing high-tech solutions that will benefit the entire community banking industry. What unites them is a willingness to think outside of the box. Based on nominations, here are five community banks that we think are leading the pack when it comes to innovation.

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