A personal loan is an attractive product for some potential bank customers; community banks, because of their relationship business model and particular knowledge of the local market, often are in a great position to offer such loans. [Continue]
Gone are the days of having every employee under one roof. With organic growth comes increased branching and the addition of specialized back-office team members with expertise in digital media, training, compliance and audit, as examples. [Continue]
As community bankers, you wear many hats in your local economies. You’re not just financial service providers; you’re confidants, advisors and connectors. Your role extends far beyond processing transactions or approving loans. [Continue]
Experts say owners considering selling their banks should think about the ability and desire of the prospective credit union acquirer to serve its current base of customers while keeping employees. [Continue]
Community bankers tout their community engagement and personal customer service as competitive advantages. [Continue]
Credit unions acquired a record number of banks last year to expand into commercial banking while growing their member bases. [Continue]
When Greg Gannon started his work at DeWitt Bank & Trust in DeWitt, Iowa, he did not expect to one day play a leading role in refugee resettlement in the town of 5,500 people. [Continue]
Community banking would be substantially better off if bankers in their 20s or 30s understood that there’s more to the industry than what occurs as part of their day-to-day jobs, because these insights may just lead them to become “bankers for life.” [Continue]
Bill McQuillan, the community banker from Greeley, Neb., died on Dec. 4 at the age of 76, but his name is likely to live on, thanks to the Rural Mainstreet Report, a monthly economic survey conducted by his alma mater, Creighton University in Omaha. [Continue]
In case you hadn’t noticed, control of the U.S. federal government recently changed hands. [Continue]