State of Community Banking
Dr. David Kern and I sit down for a candid discussion on the state of community banking today.
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Community Banking Month…#banklocal
April is Community Banking Month if you didn’t already realize this. I fully realize that, more than likely, the town is not redecorating the square/Main Street/main hub in your honor and I seriously doubt the schoolchildren are coloring the pictures from “Great Moments in Banking” for you to hang on the fridge. (“Daddy, who is …
"I don't wanna grow up…" The Power of Experience in Branding
So, we’ve all heard the news about what was probably our first experience with a brand…Toys R Us. After the “right in the childhood!!!” moment this brought about, it really made me focus on the power of brands in our lives…and just how damanging financial mismanagement can destroy powerful (even dare I say culturally important) …
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Lesson learned…the hard way
Recently, I read an article about the Ohio State Buckeye football team and how several of the players had been asked at the NFL Combine to recount their experience of the 55-24 loss at Iowa during the 2017 year that kept the Buckeyes out of the College Football Playoff. Basically, it would be the equivalent …
Universal Banker…it's easier than you think
I love the efficiency ratio in banking. Sadly, this is not the geekiest thing I have ever written, but it is nonetheless true. In my humble opinion, it is the most informative ratio in all of finance with the possible exception of RoE in a DuPont context. (Now, THAT may be the geekiest.) What it …
Changing Demographics and the Impact to CRA (and Fair Lending)
We all know that the Community Reinvestment Act of 1977 (CRA) requires banks to meet the credit needs of the communities in which it operates. Other than the substantive changes in 1995 and 2005 and the public release of interagency CRA Questions & Answers, CRA has largely remained stable. But there is something brewing under …
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