Our new partnership with KS Bank in Smithfield NC is off the ground, who will be celebrating their 100th year anniversary with the most modern & valuable products in their markets.
Met with multiple banking executives today. Their bank is preparing to celebrate its 100th year in a few months. If things work out, contractually they will be obligated to invite me to the party ��
Interesting webinar alert 🚨 by @SouthStateBank on how an inverted yield curve puts an increased emphasis on fee income for community banks.
https://t.co/vXJ6tfJ3Er
Bank CEO I met with today referred to the company he uses for his core processing system as the “oppressor” and his bank as the “oppressed.”
Cracked me up.
If banks want fee-income that is not experienced by their customers as a mosquito bite or a bee sting, then it's safe to say they should.
https://t.co/fepn1ulUsJ
Join us next Thurs. 03.17 for "Beyond Overdrafts: Finding New Revenue Sources" as retail banking experts @Mbranton2222 & @DaveDeFazio explore what financial institutions can do to survive and thrive during the revenue recession. Registration & more here: https://t.co/FjZkekRgAL
This is relevant to banks and credit unions alike. All FIs have a large percentage of customers/members who are unengaged and unprofitable. Rather than firing them, however, there is a better way.
https://t.co/LnSc9RlQbQ
Mega banks are playing with a different deck of cards, and as such, are able to make movements like this much more easily than community banks. Customer-friendly, subscription style products & pricing will help hedge against what is sure to trickle down.
https://t.co/UpL8xH3TW0