April is Community Banking Month, a perfect time to reflect on the significant impact that local FIs have on both individual customers and the communities they serve. While the convenience and familiarity of larger national FIs may be tempting, there are plenty of...
February is a month to share the love! (And we don’t just mean hearts and cupids.) Last year, we talked about how financial institutions can show the love to their communities. This year, we want to discuss how FIs can share that appreciation with their employees! In...
The following is the third and final blog in our three-part series addressing the importance of managing attrition for community financial institutions. There is no secret that attrition is a high priority for community FIs these days as the battle for deposits...
The following is the second in a series of three blogs addressing the importance of managing attrition in community financial institutions. The battle for deposits continues to heat up for community FIs, and attrition remains a high priority. Since 2010,...
The following is the first in a series of three blogs addressing the importance of managing attrition in community financial institutions. Attrition is a high priority in community FIs these days as the battle for deposits heats up. Since 2010, attrition at...
Changes are on the horizon. But 2024 means more than a presidential election and the Summer Olympics in Paris. Take the retail banking industry, for example. Did you know that 8 to 12% of U.S. adults in a given market will switch their financial institution over the...
By Jenifer Snook
Community banks and credit unions are facing tougher competition every day. Pair that with many…
Banking has never been more convenient than it is today. Smartphones and laptops have allowed us to manage our finances from anywhere at any time. This means the way banks market their products and services has changed, too. Marketing is now reliant on an omnichannel...
By Grant Ossenkop
Does your financial institution have a viable deposit growth strategy? Why You Need…
When a referral results in a new core relationship, something beautiful happens! It’s a positive…