Pub. 2 2023 Issue 5

NICB Endorsed Partners Bankers Compliance Consulting — Dave Dickenson Barret Graduate School of Banking — Memphis, Tennessee Community Bankers Webinar Network — Financial Ed Cross Financial — Marketing/working with customers Dell Computers ICBA Securities — Jim Reber ICBA Bancard NICB-CBAK Liquidity Program QwickRate SHAZAM — presented last year at Area Meetings Spectrum Financial — Fee […]

Regional banks have come under major stress in recent months, and while the situation appears to have stabilized, they face challenges ahead. That includes grappling with rising interest rates, attracting and keeping deposits amid tough competition from money market mutual funds and a potential recession. To gain a better sense of how regionals are navigating

Per the ACH Rules, just like participating financial institutions, Third-Party Senders (TPS) are required to conduct an annual ACH Compliance Audit. The EPCOR Audit team performs TPS audits each year, which often result in repeated findings and recommendations from one audit to the next. In this article, we will look at the audit issues we

“As you get older, three things happen: the memory goes, and I forget the other two” — Erma Bombeck Being one who can empathize with the late, great humorist Ms. Bombeck, I thought it might be interesting to discuss a segment of the fixed-income universe that has served community banking well over the decades. It’s

The Federal Reserve’s FedNow® Service, which launched July 20, 2023, promises to revolutionize money movement by enabling more banks to process instant payments and provide unparalleled convenience to consumers and businesses alike. Unlike traditional payment methods that can take hours or even days to complete, real-time payments process within seconds and allow payment recipients to

Practical advice for using data to develop and support institution goals. Answering three questions ahead of strategic development discussions can ensure data drives your financial institution’s efforts. How To Develop Banking Strategies Using Your Data Everywhere bank leaders look, it seems, someone is talking about how financial institutions should leverage their data and analytics to

Top 100 RESULTS Technology is ranked among the world’s Top 100 Vertical Market MSPs for 2023, according to ChannelE2E, a CyberRisk Alliance resource. A recent study by a security awareness training platform showed that the average rate at which employees of small banks clicked on phishing emails was 25% (the rate for bigger banks is even worse!). Ransomware

As we enter budget season, the adage “You can’t save your way to prosperity” hits home. With regulatory and financial pressures, community banks face tough decisions as they allocate resources for 2024. I was just speaking with a banker who reiterated that it’s been a while since we’ve been in this interest rate environment, and

As the vibrant colors of autumn paint our landscapes and the air turns crisp with the promise of change, there is an undeniable sense of anticipation that sweeps through our communities. It’s harvest season — a time of reaping what we’ve sown, celebrating the fruits of our labor, and preparing for the future. In many ways,