Community Bank CEO Outlook 2021: What’s the path ahead? Jan 04th 2021 04:01pm on Banks, General, General, Industry Insight, Leadership, Operations & Management, slide Community Bank CEO Outlook 2021: What’s the path ahead? Jan 04th 2021 04:01pm on Banks, General, General, Industry Insight, Leadership, Operations & Management, slide No Magic 8 Ball could have predicted the year community banks had in 2020. What will 2021 bring? Independent Banker’s annual Community Bank CEO Outlook survey asked bank executives how they plan to move their institutions forward this year, from growing revenue to boosting marketing. The results of this year’s survey show a very different set of challenges—and opportunities—for industry leaders.
Why going public is still an option Jan 04th 2021 04:01pm on Banks, Corporate Goverance, Industry Insight, Leadership, slide In recent years, some community banks have made the decision to go public as part of their strategy for growth. In 2020, however, COVID-19 cast uncertainty over the market. But experts, including community bankers who recently made the decision to go public, say community banks should chart their own path for growth.
Will the dollar go digital? What you need to know Jan 04th 2021 01:01pm on Industry Experts, Industry Insight, slide, Technology, Trends The private sector has had its hands in the world of cryptocurrencies for years, but the country’s central banks have held off—until now. While far from a certainty, here’s what you need to know about the development of a central bank digital dollar.
Who are 2020’s Best Community Banks to Work For? Dec 01st 2020 09:12am on Banks, General, General, Industry Insight, Leadership, Operations & Management, slide Based on anonymous employee surveys, our Best Community Banks to Work For awards recognize community banks whose workplaces have not only endured 2020’s challenges but gone above and beyond.
How COVID-19 has disrupted retail banking Dec 01st 2020 09:12am on Banks, Industry Insight, Operations & Management, Retail, slide The pandemic has disrupted the world of retail, and retail banking was no exception. Community banks adapted to COVID-19 restrictions to meet the needs of customers, embracing new and existing branch trends.
Make sure your portfolio can navigate uncertainty Dec 01st 2020 09:12am on Industry Experts, Industry Insight, slide Expect the unexpected. It’s a saying that proved especially true this year, given the months of uncertainty 2020 threw at the banking industry. However, with the proper planning, community banks can make the most out of an unexpected year.
Why AI is no longer optional for community banks Nov 01st 2020 12:11am on Banks, Industry Insight, slide, Software, Technology In a short time, artificial intelligence has gone from fodder for Hollywood blockbusters to an everyday tool inside businesses of all kinds, including many community banks. These institutions and their vendors are putting machine learning technology to work in nearly all areas of the bank, from compliance to fraud prevention.
How to crisis-proof your bank’s succession plan Nov 01st 2020 12:11am on Banks, Boardroom Issues, General, Industry Insight, Leadership, Operations & Management, slide Succession planning is a critical tool for community banks to identify up-and-coming talent and provide a long-term strategic vision. But how has COVID-19 affected these plans? Experts discuss strategies for making sure your community bank’s succession plan can withstand this crisis—and the next one.
Community bank branches are evolving Nov 01st 2020 12:11am on Banks, Industry Insight, Operations & Management, Other, Retail, slide, Technology Many community banks were already rethinking the role of their branches when COVID-19 forced them to interact with customers in new and increasingly digital ways. But rather than buck physical banking trends, industry experts say the pandemic is furthering existing evolutions in how customers use branches, especially for complex financial services.
Election 2020: How will community banks fare? Oct 01st 2020 12:10am on Advocacy & Policy, Banks, Industry Insight, Legislation, slide After a rollercoaster year, the 2020 election will offer its own twists and turns as it relates to power in the White House and on Capitol Hill. But what do all the potential election outcomes mean for community banks? Here, ICBA’s political experts prognosticate what the regulatory environment could look like depending on who is in power after Election Day.
