Iowa banker finds growth worth the effort

Peg Scott doesn’t play the blame game but neither does she settle. It was an inclination toward positive action which sparked Scott to pursue a college degree as a non-traditional student after being passed over for a promotion, spurred her to assemble a group of investors to buy the bank where she worked, and inspired her to be a leader with the Iowa Bankers Association.  [Continue]

Database tech helps land new deposit accounts

ClickSwitch is a Minneapolis-based fintech with a simple goal: Make it easier for people to switch banks. The company started with a focus on moving automatic payments between banks but soon learned the key was to move direct deposit information. [Continue]

Aging populace informs monetary policy

Demographic trends are reshaping the U.S. labor force, leading economists and policymakers to rethink the key macroeconomic parameters that drive decision making, and reassess their views about the economy’s longer-run growth potential. Like melting glaciers, changes in global demographics are difficult to see in the near term, but over time they will reshape the landscape. [Continue]

Video technology puts high-touch in digital banking

In 1981, The Buggles put MTV on the map as their song,“Video Killed the Radio Star,” became the first music video to air on the now legendary network. Entertainers were concerned that videos would change the music industry, leaving some of them unable to compete in an increasingly visual age. In 2019, has video banking come for the traditional bank teller?  [Continue]

Weather, trade make for dizzying year in ag

This will be a year to remember as weather patterns went from wet, to dry, to wet again in many parts of the country. Trade negotiations improved, deteriorated, improved and deteriorated again. Yet, notwithstanding the rollercoaster ride, the financial conditions of agriculture changed little due to government payments.  [Continue]

Minority Banking Forum presents business case for inclusion

While diverse hiring practices and an awareness of the growing demographic shift within the U.S. has lessened the gap between minority and non-minority bankers in the past several years, there’s still work to be done, particularly when it comes to including minority bankers in decision making processes. [Continue]

Shallow talent pool puts bankers to the test

Just about every banker who has had to make a hire in the past year knows how daunting the task has been. From the top of the organizational chart to the bottom, finding a skilled worker to fill an open position is hard — and it might get worse. [Continue]

Montana ag lender invests in the future of her industry

Hearther Malcolm brings a degree in agricultural business and nearly two decades in ag lending experience to her work at Bank of the Rockies. She also is involved in the American Bankers Association’s Agricultural and Rural Bankers Committee. [Continue]

Be the boss your people deserve

Workers are looking for advancement opportunities, a way to see that their efforts are making a difference in peoples’ lives, and a culture that fosters collegiality, growth and innovation. [Continue]

Content is king

Breaking Banks, the No. 1 fintech podcast in the world, relies on word of mouth for marketing. Instead of creating sound bites highlighting products and services, banks seeking to reach customers through audio content should embed financial products into an examination of a customer’s bigger journey. [Continue]