Let's Be Friends: Banking & Merchant Trade Groups Launch Cybersecurity Partnership February 14, 2014After weeks of finger-pointing regarding responsibility for responding to recent card breaches, 13 trade groups say they will cooperate on information sharing and improved card security technology. 2014 Forecast: Many Community Banks to Increase IT Investment Next Year December 27, 2013Many community banks are planning to increase investment in IT and new products and services like mobile banking and payments. The Anti-Money Laundering Challenge for Community Banks December 18, 2013Only about half of community banks have automated AML monitoring despite several regulatory prosecutions for compliance failures. How To Prepare Now for FASB’s CECL Model September 16, 2013The coming implementation of the Financial Accounting Standard Board’s Current Expected Credit Loss model requires banks to think ahead about how they collect and manage data regarding their loan portfolios. How to Outsource the Core Without Giving Up Control August 29, 2013In the fourth article in our series on core modernization efforts, we hear from a community bank that has transformed its back office by outsourcing its core platform without losing control over vital functions. Risk Management Must Be Priority For All Banks, Not Just The Biggest July 24, 2013Despite the financial and operational challenges of regulatory compliance, investments in modern risk management capabilities must be viewed as an opportunity — not a burden — for all banks, regardless of size. Credit Unions and Community Banks Go Mano-a-Mano with Big Banks Using Cloud-based Technology July 23, 2013Cloud-based lending solutions can deliver improved transparency and customer experience in the lending process to help small institutions grow their lending business. Commonwealth Bank To Launch Online Social Forum June 14, 2013The forum is designed to provide its customers with a personalized online experience.
Giving Community Bank Customers What They Deserve November 19, 2012Retaining a banking relationship throughout a lifetime means offering next-generation products and services that transcend geography and never give a customer reason to look elsewhere.
New Survey Identifies Trends in Regulations, M&A, IT Spending For Community Banks November 06, 2012A new study by KPMG found that regulations are stifling organic growth and driving mergers and acquisitions among community banks. First Virginia Community Bank Completes Acquisition of First Commonwealth Bank of Virginia October 22, 2012The acquisition is the first in the history of the 5-old-bank and will add $410 million in assets to the institution. Community Banks Have Unique Challenges, Opportunities October 10, 2012A panel discussion at BAI Retail Delivery 2012 focused on successful strategies for community banks.
New Mobile App Helps Community Banks with Regulation and Compliance September 07, 2012The Independent Bankers Association of Texas released a mobile app for bankers to keep up with the latest regulatory information. Bank M&As Pick Up Steam: Hudson City to Merge with M&T Bank August 27, 2012Hudson City to merge with M&T Bank; $3.7 billion deal creates combined network of 870 branches stretching from Connecticut to Virginia. Unitus Pioneers iPads as Virtual Branches June 08, 2012Unitus Community Credit Union uses Apple's iPad to take branch banking to consumers. Small Banks Looking Toward Automation for Core Systems March 09, 2012A Celent report examines the core solutions offered to the smallest tier of banks in North America. U.S. Bancorp Announces Two Acquisitions January 30, 2012The flurry of acquisition activity follows a favorable 2011 earnings report. 5 Community Banking Predictions for 2012 January 11, 2012In 2012, community banks that put effort into improving their use of technology will be better equipped to serve customers, improve efficiency, control costs and find new growth opportunities. Careful What You Wish For: Community Banks, Credit Unions Challenged by Influx of New Customers December 14, 2011With an influx of new customers who are dissatisfied with big banks, smaller community banks and credit unions face new operational challenges. Sunrise Community Banks Select Fiserv for Card Processing Services December 08, 2011Fiserv will provide prepaid and gift card processing for the consortium of community banks.