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Community banks lead industry in profit growth

Posted by CFO on May 28, 2015

The sector's first-quarter net income rose 16% from a year ago, compared to 6.9% for all FDIC-insured banks. by: Katie Kuehner-Hebert Community banks led the banking industry in first-quarter profit increases, with the sector’s aggregate net income rising 16% from a year ago, the Federal Deposit Insurance Corp. said Wednesday. By comparison, profits at all FDIC-insured banks increased by only 6.9%. “Community banks reported improved performance during the quarter that outpaced the overall industry,” FDIC Chairman Martin J. Gruenberg said in a [...]

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Cracking the Glass Ceiling: Advice for women in banking

Posted by American Banker on May 28, 2015

by: Christine Pierson Eighty years ago, at a time when our country was coming out [...]

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Community banks are not immune to tech investments

Posted by SWBC on May 28, 2015

by: Cindy Stewart Financial institutions are not immune from having to invest in technology. At [...]

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The oxymoronic community bank manager

Posted by SCMG on May 28, 2015

In our last post we discussed the Oxymoronic Community Bank Employee. Today we are taking [...]

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Banks increase provisioning modestly

Posted by Banking Exchange on May 28, 2015

SNL Report: Energy appears to be only significant credit risk category by: Brad Bracey and [...]

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Are bank fees set to rise?

Posted May 28, 2015

They will probably increase, but not likely due to negative interest rates. by: Geoff Williams If you have money in [...]

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Six money mobile tips to remember

Posted May 28, 2015

by: Kristen Gramigna Nearly 60 percent of smartphone owners have used their device to bank online, according to new data [...]

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4 Tips for creating an effective credit policy

Posted May 28, 2015

by: Billy Burnet Some view banks’ credit policies as somewhat of a necessary evil; many comprise hundreds of difficult-to-decipher pages [...]

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What is validation?

Posted May 28, 2015

Many community banks are finding that their regulators now expect more from them in terms of their risk management and [...]

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