Monthly Archives: October 2016

BankNews Honors Four Companies With Innovative Solutions Award

November 1 – BankNews magazine has recognized four vendors in the banking industry for their noteworthy products and services in the ninth annual Innovative Solutions Awards. The awards were given to companies in categories ranging from authentication/fraud/cybersecurity to management/operations/processing. (more…)

Analysis of Balance Sheet and Incomes Portends Favorably for Small Banks

By  Nathan Stovall and Chris Vanderpool

October 31 – Small banks should finally see an end to yield compression, according to an analysis by S&P Global Market Intelligence.

Net interest margins at community banks with less than $1 billion in assets should fall in the remainder of the year, largely due to additional pressure on loan yields. But margins should decline less than previously expected, allowing for earnings to grow when adjusting for consolidation and institutions growing organically above $1 billion in assets.


Many Banks Merely Meeting Customer Expectations, Few Exceeding Them

According to Protiviti’s second annual Consumer Banking Survey, banks have ample room for improvement in managing the customer experience and, perhaps more importantly, in convincing consumers that they care about them. Specifically, the survey finds that 93 percent of banking customers believe that banks at least meet their expectations; however, if exceeding expectations and providing superior customer service is the goal, there is significant progress to be made because only 36 percent of consumers say their banks exceed expectations.


ICBA Stands Firmly Opposed to NCUA’s New Field of Membership Rule

October 31 – The Independent Community Bankers of America (ICBA) has expressed strong opposition to the new National Credit Union Administration (NCUA) final rule and its new proposed rule, which would drastically expand the powers of tax-exempt credit unions beyond their statutory limits. ICBA is reviewing the final and proposed rules and will determine appropriate next steps to stop the credit union’s excessive mission creep.


M&T Bank Becomes 6th Largest SBA Lender in U.S.

October 31 – M&T Bank ended the 2016 federal fiscal year ranked as the 6th largest U.S. Small Business Administration (SBA) lender in the nation, rising from 7th in 2015, based on the total number of 7(a) loans made.*


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