Community banking outlook 2024: Taking measured risks can ensure future success
With a few months of 2024 behind us, now is the perfect time to ponder what lies ahead for community banks for the remainder of the year. [Continue]
Tackling the commercial real estate downturn
Jay Blandford, CEO of Austin, Texas-based community financial institution advisor Abrigo, shared his written views on the state of commercial real estate and potential impact of the CRE downturn on community banks. [Continue]
Is your 2024 deposit strategy covering the right bases?
“Institutions cannot afford to take a haphazard approach to deposit growth,” said Bankjoy Senior Vice President Shaw Taylor. “You need a strategy that balances market conditions with your resources.” [Continue]
Liquidity planning in a digital age
The collapse of Silicon Valley Bank almost a year ago demonstrated the damaging consequences of an old-fashioned bank run when combined with the latest digital technology. [Continue]
Investigating fraud: 72 hours to get it right
An organization that is well prepared for a fraud incident is one that has already developed an extensive plan. [Continue]
Crisis Ready
Banks must proactively develop and maintain a plan for protecting their infrastructure so they can continue functioning should disaster strike. [Continue]
Deposits: The value of volume
No matter the market, a bank today likely has competitors offering 5.5 percent on a certificate of deposit. With competitors pushing the pricing envelope, leaders certainly may wonder: Will high cost of funds become a threat to return on assets? [Continue]
Go above and beyond for your small business customers
ChatGPT has taken the world by storm. When asked what small business owners want from their banks, ChatGPT identified five key factors. [Continue]
How term deposits can reclaim their crown
If bankers could choose a funding portfolio made up of deposits committed for a time, or deposits that could leave at any time, they’d choose the former. But, looking at the industry’s deposit composition during the last 30 years, it appears just the opposite. If our asset-liability logic says banks would generally prefer term deposits, what dethroned the CD? Bankers already know the common answers: Interest rates and/or depositor preference. [Continue]
Small business lending expert shares relationship-building tools
Funding loans is a little more difficult today than it was a few years ago when interest rates were at rock bottom levels. With funding costs on the rise, some bankers are being more careful about lending. [Continue]