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Editorial: Community Banks Poised to Gain Disaffected Big Bank Customers

By Aaron Silva

If you were offered $1 million would you take it, even if there were some slight implications on maintaining such a fortune? This is essentially the situation that community bankers have found themselves in recently. Due to the Wells Fargo scandal that continues to cast a shadow over the banking industry, many Wells customers are opting to take their business elsewhere: community institutions.

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Editorial: Tell Lawmakers to Save the Community Bank

By Chris Williston

December 22 – Being a presidential election year, 2016 promises to bring much talk about many political hot topics, but not near enough talk about one of the greatest threats to our economy—the endangerment of community banks. (more…)

Michigan editorial: most area lawmakers don’t understand basic economics

Kansas City Star editorial: Economy weathered a rough year … maybe

Kansas City Star editorial: Wider income gap a threat

The Fintech Revolution Comes to Regional and Community Banks

October 24 – Thousands of regional and community banks are turning to fintech in order to meet the needs of customers who demand services on their computers, tablets and phones, according to a new report by Manatt, Phelps & Phillips, LLP. Conducted in conjunction with Mergermarket, the report, “Growing Together: Collaboration Between Regional and Community Banks and Fintech,” is based on survey responses of senior executives from regional and community banks (50%), fintech companies (25%), and private equity firms, venture capital firms and investment banks (25%).

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Media Partnership to Encourage Social Media Marketing Innovation in Retail Finance

August 17 – Fresh off a tremendously successful inaugural event, #BankSocial Media Conference has announced a partnership with the independent news site, Credit Union Times. This partnership will enable #BankSocial to reach an even larger audience and connect meaningfully with credit union leaders across the nation.

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Report Projects Healthy Growth for Smart Card Shipments

June 30 – Smart payment card unit shipments are forecast to grow from an estimated 2.5 billion in 2015 to almost 3.4 billion in 2020, according to new research from IHS, a global information company.

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American Banker Index of Banking Activity Reaches Highest Level in 9 Months

May 9 – The American Banker Index of Banking Activity (IBA) rose sharply in March, reaching its highest level in nine months as bankers reported a strong seasonal boost in demand for consumer and commercial credit.

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Chase, Ally and Simple Bank Take Home Best Bank Honors

April 25 – MyBankTracker has announced the winners of its quarterly Best Bank awards, which recognize the best banks in the U.S. across seven major categories. Chase Bank won the honor of Best National Bank and Ally was judged the nation’s Best Online Bank in Q2 2016. In the Best Mobile App category, Simple took home top pick for its intuitive user experience and broad capabilities. These winners reflect the growing influence that digital and mobile technology have over consumers’ banking preferences.

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