Why your bank should be budgeting for the big picture Sep 01st 2019 12:09am on Banks, Boardroom Issues, General, Industry Insight, Leadership, Operations & Management, slide Why your bank should be budgeting for the big picture Sep 01st 2019 12:09am on Banks, Boardroom Issues, General, Industry Insight, Leadership, Operations & Management, slide Your community bank’s strategic plan often takes things like innovation, growth and succession planning into account, but does the budget? How can your bank plan for these often unpredictable expenses in its budgeting process? Experts say it requires doing your homework, reassessing your budget more frequently and, yes, accepting some risk. By Kelly Pike • […]
How to keep a closer eye on your bank’s contracts Sep 01st 2019 12:09am on General, Operations & Management, slide Consultants bring specialized skill sets that can be valuable in areas where bank leaders don’t have experience, such as negotiating contracts and vendor management. Here’s why hiring the best consultant team could keep expenses low and better equip your bank to handle the industry’s curveballs. By Elizabeth Judd ■ Illustrations by James Steinberg In 2016, […]
Case Study: Is your bank looking for a competitive lending tool to gain and retain customers? Aug 30th 2019 10:08am on Capital Markets, Experts, Funding, Funding, Lending, Loans, Sponsored SPONSORED | CASE STUDY: Community banks are finding it difficult to compete in a changing market. Learn how one community bank competed effectively to win customers using a unique and robust lending tool.
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 hire when everyone has a job Jul 01st 2019 12:07am on General, Operations & Management, slide Today’s unemployment rate is at its lowest point in decades, so how is your bank supposed to attract talent fresh out of college or from another industry? The good news is that community banks have tools that they can use to recruit the next generation of bankers.
Thomaston Savings Bank sets service standard Jun 01st 2019 12:06am on Banks, Connections, General, Industry Insight, Operations & Management Thomaston Savings Bank’s customers are in good hands. A recent survey showed that the bank in Thomaston, Conn., had the best customer ratings of any bank in not only its state, but also the country.
F&M Trust: Making the workplace well Apr 01st 2019 12:04am on Connections, General, Operations & Management F&M Trust has been recognized nationally for its wellness program, which gives employees at the Chambersburg, Pa., community bank a variety of benefits to improve their health and their workplace.
Should your bank’s employees work remotely? Mar 01st 2019 12:03am on Focus, Fraud, General, Operations & Management, Security, Technology Many businesses across industries allow their employees to work remotely. But with the unique security concerns of a community bank—safeguarding customer data chief among them—should your bank follow suit?
Trailblazer: Commercial Bank goes green Feb 01st 2019 12:02am on Connections, General, Operations & Management Almost seven years ago, a tornado devastated West Liberty, Ky. Its community bank, Commercial Bank, rebuilt a new facility to high environmental standards and partnered with organizations around Kentucky to rebuild the town.
Why banks are offering new work-life benefits Feb 01st 2019 12:02am on General, Operations & Management, slide Flexible work schedules. Wellness programs. Onsite massages. As the demands of a 21st-century financial institution continue to grow, community banks are reassessing their role in helping their employees find a balance between their work lives and personal lives by providing new kinds of benefits.
