Data analytics, baseball and competing like the bigs
The 2018 World Series starts tomorrow. What do Major League Baseball and the banking industry have in common? Data analytics. Here’s what bankers can learn from America’s pastime. [Continue]
Community banks face deposit-gathering challenges
For many community banks, deposits are a big issue. Statistics show that deposits are coming into the banking system, but most customers are stashing their cash with the bigs. [Continue]
What is REMA and why should you care?
Reasonably Expected Market Area is a tool used in fair lending examinations, but you won’t find a standard definition in any federal law or regulation. [Continue]
CTRs and SARs: Does anyone really look at these reports?
The important thing to remember is that it is not the financial institution’s responsibility to convict someone, but rather to report activity that appears suspicious in nature. [Continue]
Mid-year assessment: Good management practice for bankers
Mid-year seems like a good time to pause and consider four issues bankers need to get right if they hope to succeed through the remainder of this year and well into the future. [Continue]
Banking is more than numbers
I am hoping there is still a place for human initiative in banking. I understand banking is defined by the numbers: ROE, ROA, NIM, net income and much more, but generally I have found over the years it is the people behind those numbers who make the industry something special. [Continue]