community-banking

The time spent preparing these reports has increased exponentially over the years, leaving bankers with less and less time to help customers, and communities, prosper. Allowing highly rated banks to file short-form call reports could significantly ease that burden, writes the ICBA's Camden Fine.

Creating deeper bonds with business clients can help banks win market share. But organizational inertia and sales managers who are quick to fall back on old habits often hobble this approach, according to consultant Duncan Banfield.

Bank owners can make more objective decisions about whether it's the right time to sell by comparing the value of holding onto the bank to its private market price and instating an external review process, writes consultant J.V. Rizzi.

Many small banks lack the resources to make necessary investments in cybersecurity. One solution could be to institute regional centers that would allow banks to pool resources, train staff and investigate potential breaches.

A recap of the informed opinions (and the discussions they generated) on BankThink this week.