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Finance & Accounting

For Bankers Looking to Grow Deposits, Partnering With Rural Community Banks Might Hold the Key

By Ryan Barrow

From the SunTrust-BB&T (now the recently announced Truist Bank) mega merger on down, the retail banking industry finds itself in a period of sustained consolidation. For many community and regional banks (particularly those in metropolitan areas) that are forced to compete with much larger banks and are looking to grow, an acquisition of a smaller institution or participation in a merger of equals has been the primary strategy for growing deposits.

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3 Core Deposit Management Strategies to Implement at Your Bank

By Amanda Rousseau

“I don’t think there’s any more important topic at this time in our recovery in the economy and the state of community financial institution management,” said Dave Koch, managing director of Advisory Services at Abrigo on the topic of core deposits. “Deposits are a thing that we have coveted for a while and became quite easy. Now once again we’re back to the question of, where do I go to get more deposits? It’s a challenging and vexing business in a strong and growing economy.”

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Equipped for Retirement

Don’t overlook equipment as an asset

By Mark Stock

As the farming population in the U.S. gets older, more and more farmers are thinking about retiring and what follows. The role of a commercial banker in the retirement process is an invaluable one: Helping their clients plan for retirement. From a farmer’s perspective, the retirement process can seem overwhelming, impacted by personal circumstances. Why are they retiring? How much money do they need to comfortably retire, and what can they do to get the most out of their assets?

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Proactively Managing the Bond Portfolio

By Dennis Zimmerman Jr.

There are three important elements to achieving long-term excellence in the performance of the fixed income investment portfolio. The first is attention to detail. The second is to craft then follow a strategic plan that fits the overall goals of the institution. The third simply requires management to be proactive rather than reactive. While the first two are certainly important, this article will primarily focus on the third element — proactively managing the bond portfolio. Successful community bank investment officers understand that when it comes to proactively managing the portfolio, best practices generally follow one of two basic themes: What to do and what NOT to do. Select key best practices are listed below:

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Chicken Little and the Economy

By KC Mathews and Eric Kelley

Chicken Little would have been a terrible economist. She was hit on the head by a falling acorn and immediately declared “the sky is falling.” Perhaps a bit more analysis should have been conducted since the sky, in fact, was not falling.

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