3 top articles at top of home page.
The trend of fintech investor groups purchasing small banks is a “game-changer” for the financial industry, said Curtis Carpenter, Hovde Group Senior Managing Director, Oct. 3 during the Bank Holding Company Association’s annual fall seminar in Bloomington, Minn. [Continue]
As political and regulatory pressure builds, large retail banks have garnered much of the attention for reducing their dependence on overdraft/NSF fees.
Though generally slower to change those practices, some community and regional banks are also reducing their reliance on overdraft/NSF fees, both to eliminate a customer pain point and generate goodwill with consumers. [Continue]
Great moments in a career are often forged under pressure. Consider the effort by the team at Wolters Kluwer to scale its SBA lending solution that had for years been used by banks to process about a dozen 7(a) loans per day to accommodate the PPP deluge. [Continue]
Neal and Dwight Conover share many life experiences. The brothers, Iowa natives, share a combined 100 years of finance work and decades of leadership experience. [Continue]
Reforms to bank merger guidelines must factor in the modern competitive threats community banks face from credit unions, fintechs and larger banks, according to Federal Reserve Gov. Michelle Bowman. [Continue]
The Bank Holding Company Association was formed in fall of 1981, four years prior to the start of my career as a banking industry journalist. I remember covering some of those BHCA seminars in the 1980s when the farm crisis and the S&L mess were raging. [Continue]
The best way to beat online lenders is to match what they can do. And for that to happen, you need to automate your lending process — especially at the point of application. [Continue]
If your community bank is thinking of rolling out an online loan application program, or any more complex product offering, you will likely have to make choices about a digital helper and how it interacts with customers. [Continue]
Farmers have spent 2022 working through challenges like rising inflation and supply chain delays, just like other businesses and consumers across America have had to do. Those who make their living in agriculture, and the ag bankers who work with them, have needed to think even more creatively and constructively than usual. [Continue]
FDIC-insured institutions made $64.4 billion in the second quarter, an 8.5 percent drop from a year ago, according to the Quarterly Banking Profile. The $6 billion overall drop was due to a nearly $22 billion year-over-year increase in provision expenses, from negative $10.8 billion in 2021 to $11.1 billion this year. [Continue]