BankNews

"Shifting consumer preferences are a driving force across industries," said Todd Robertson, senior vice president for ARGO, a Texas-based provider of financial services software solutions. "This is especially true for the financial services sector." #customers #experience #banking https://lnkd.in/gCvx7inn

Roughly every five years, the Community Bank of Lena, Ill., has reexamined its relationship with its core provider by looking at available functions, customer service, and cost. Valerie (Guenzler) Dunlavey Russell Taylor Finovifi Russ Smith Terry Ray #modernization #technology #operation #banks https://lnkd.in/gciaubs2

"The winners will be those who see ethics as more than a compliance exercise — it's a fundamental business strategy that creates lasting value for everyone involved," said Michael Berman, founder and CEO of Ncontracts. "No financial institution should leave ethics up to a coin flip. The stakes are just too high." #culture #ethics #integrity #banking https://lnkd.in/gE8Rkz6K

BankNews.com Digital Managing Editor Sam Wilmes recently spoke with Haberfeld President Sean Payant to discuss the top issues banks face in the coming months along with M&A trends and digital payments. #banking #insights #leadership https://lnkd.in/gAeEm3PE

A reasonable measure of a bank’s performance is its return on asset ratio. As of mid-July, banks across the nation collectively reported ROA of 1.16 percent, according to Bauer Financial. Freedom Bank Luminate Bank Marc Campbell Cam Moyer First State Bank of Golva Dee Baertsch Steve Dinnen #banking #performance #products #services https://lnkd.in/g4eAqb_a

Competition for Small Business Administration 7(a) loan originations has heated up in recent years due to eased standards enacted by former President Joe Biden. Grace Sinclair Reinhart Boerner Van Deuren s.c. Jeff Bajek #banking #borrowers #lenders https://lnkd.in/g_DTq2BZ

Participants in the Small Business Administration’s flagship 7(a) lending program say the formula for success includes counting on internal experts who can clearly explain requirements while empathizing with small business owners. First Internet Bank Nicole Lorch Platinum Bank Jeff Bajek Christopher Soupal Pathward Brian McDonald Stearns Bank N.A. Robin Studniski, CDMP First National Bank - Ames | Ankeny | Osceola | West Des Moines, Iowa Timothy Fitzgibbon Jeff Scott Merchants Bank IN #banking #lending #sba https://lnkd.in/g-_tdxeB

BankBeat magazine is accepting Outstanding Women in Banking nominations through Sept. 10. Nominations can be submitted online at https://lnkd.in/gJuXadx7. Tom Bengtson Jacqueline Hilgert #outstanding #women #banking #leadership https://lnkd.in/gyjcgBdq

BankBeat magazine is accepting Outstanding Women in Banking nominations through Sept. 10. Nominations can be submitted by visiting https://lnkd.in/gJuXadx7. Editor at Large Jacqueline Hilgert covered some of the leadership positions women are fulfilling in banking across the Midwest in this week's Pulse, https://lnkd.in/gyjcgBdq. Tom Bengtson #bankers #honors #outstanding #women

"Only after a bank is satisfied with its review should it proceed to negotiate a definitive contract with a fintech," write Amber Kraemer and Miles Patton. "That contract should thoroughly lay out the agreed-upon structure and detail the legal requirements and all operational and technical considerations and responsibilities going forward." Winthrop & Weinstine, P.A. #banks #fintechs #partnerships https://lnkd.in/g33ByP5P