How to rebuild your back office for Gen Z Jun 01st 2020 12:06am on Operations & Management, Retail, slide, Technology, Trends How to rebuild your back office for Gen Z Jun 01st 2020 12:06am on Operations & Management, Retail, slide, Technology, Trends Generation Z has arrived. They’re hitting the age when they’re getting jobs, opening bank accounts and making major life decisions. But their tech-savvy and customer service‑oriented expectations for businesses may strain many banks’ back offices. Here’s how community banks are evolving their operations to keep up. By Susan Thomas Springer ■ Illustrations by Daniel Hertzberg […]
How OceanFirst Bank retained clients by connecting Jan 01st 2020 12:01am on Connections, Operations & Management, Retail At the heart of the retention strategy at OceanFirst Bank in Toms River, N.J., is high-touch customer service coupled with an active staff training program. By Judith Sears Name: OceanFirst Bank Assets: $8 billion Location: Toms River, N.J. OceanFirst Bank has created a high-tech, high-touch customer service culture that is nimbly navigating consumers’ changing expectations of […]
WEBINAR: New Expectations for Q Factors with CECL Nov 07th 2019 03:11pm on Deposits, Experts, Regulation & Compliance, Sponsored SPONSORED WEBINAR | In this webinar, presented by PCBB’s Janet Leung, you will gain an understanding of Q Factors with CECL. Learn how they need to be applied; how they vary based on the complexity of a loan portfolio and your chosen model and how different statistical approaches justify qualitative adjustments. In addition, receive insights on the AICPAs recently released guidelines for auditing CECL.
Five steps to building an effective deposit strategy plan Aug 30th 2019 10:08am on Asset Liability Management, Deposits, Experts, Funding Provided by Detalus | Building an effective deposit strategy plan is an integral tool to acquiring new, and retaining existing, deposits. It is more than a mere strategy exercise. The plan should be looked at as a working blueprint for achieving your bank’s goals for deposit mix and funding sources, as set by your asset liability committee (ALCO). Here are the five steps for designing, organizing and implementing a results-oriented plan.
How Fidelity Bank’s branches grow green Jul 01st 2019 12:07am on Connections, Operations & Management, Retail Despite a stagnant population in northeast Pennsylvania, Fidelity Deposit and Discount Bank has seen major growth over the past decade. It’s down to how the community bank has intertwined its brand with its branch design, balancing value-driven relationship banking and innovative features.
How to make a customer happy even when they’re leaving you May 01st 2019 12:05am on Focus, Operations & Management, Retail Closing a customer account isn’t a happy occasion, but there are ways of making the most of it. We look at what community banks can do to make the experience as easy as possible—or even get them to stay.
Could voice banking help your community bank? Mar 01st 2019 12:03am on Banks, Focus, Industry Insight, Operations & Management, Retail, Technology, Trends Some community banks are dipping their toes in voice banking, which allows customers the ease of banking directly through their smartphone or smart home device—no hands necessary. Is it time your bank considered this emerging platform?
Create a More Customer-Centric Bank Apr 27th 2017 12:04pm on Issues & Operations, Operations & Management, Retail, Sponsored, Sponsored Content SPONSORED | Learn how to make the branch experience immersive, meaningful and efficient as possible.
How to Develop of Successful Payments Strategy Feb 27th 2017 12:02am on Focus, Operations & Management, Payments, Payments Exchange, Retail Even a small payments portfolio can be lucrative for your community bank if it’s managed correctly. The key is building a sustainable, targeted strategy
Automation and Efficiency in the Branch — With a Human Touch Feb 06th 2017 03:02pm on Operations & Management, Products & Services, Retail, Retail, Sponsored, Sponsored Content SPONSORED | Ensure your branch remains a relevant and profitable part of a bank’s multi-channel strategy
