Category: Community Banking

Should Banks Offer Financial Literacy for Small Business?

Should Banks Offer Financial Literacy for Small Business?

Some questions are easier to answer than others.  In today’s blog, we address the question, “Should banks offer financial literacy for small business?”  The answer is a resounding “yes.”  Why?  The main reason is that for small businesses, their first partner in their new venture is a bank.  It is also a mutually beneficial relationship. […]

June 7, 2016 | By More
Privacy Policy: Notice of Privacy Practices for Consumers

Privacy Policy: Notice of Privacy Practices for Consumers

What did you do with the last privacy notice you received from a financial institution or creditor?  I’m going to hazard a guess you glanced at it then proceeded to dump it in the trash bin or file it away.  I understand these privacy notices have a lot of small print and are as dry […]

May 17, 2016 | By More
New to Banking: 3 Things You Need to Know

New to Banking: 3 Things You Need to Know

Do any of you like a good mystery?  I have to tell you one item on my bucket list is participating in a mystery weekend event at a hotel or on a train.  Have any of you done that before?  I’ve always thought that would be really fun, particularly if you go with a group […]

August 15, 2013 | By More
What Does a Community Bank CEO Do?

What Does a Community Bank CEO Do?

One would think it’s an exciting job to be a president and/or chief executive officer of a community bank (“president”).  You get to attend industry and community luncheons and network with local business leaders and colleagues.  Once a month or quarterly, you meet with the board of directors to present department bank reports and discuss […]

August 13, 2013 | By More
Commercial Bank & Community Bank: What’s the Difference?

Commercial Bank & Community Bank: What’s the Difference?

Over the years, I’ve had the chance to work for a variety of sized companies during my career.  My first job (see What Days Are U.S. Banks Closed?) was with a large international corporation where I assisted in providing tours of the corporate office to customer prospects.  As for my banking and financial industry career, […]

August 9, 2013 | By More
Banking Industry Trends:  What changes are impacting us?

Banking Industry Trends: What changes are impacting us?

Change can be challenging, particularly when it’s happening to you.   But, it can also lead to better things.  I suppose that’s why I try to view the glass half full and keep a positive attitude. Back in 2006, I had to draw upon that positive attitude philosophy.  The financial institution I was working for at the time […]

August 8, 2013 | By More
What Days Are U.S. Banks Closed?

What Days Are U.S. Banks Closed?

My first, full-time job was for just one year when I was working myself through school.  I had a wonderful boss, and I learned a lot from her.  My job was to help her coordinate tours for the corporate office.  It was a fascinating job, and I had the opportunity to meet prospective clients from […]

July 22, 2013 | By More
My Checking Account is Moved!

My Checking Account is Moved!

On Wednesday, November 7, 2012 I advised you I was transitioning my account from a big bank to a community bank.  I also promised I’d let you know when everything was completed.  Good news!  My last ACH came through on the new account this week.  I’ll plan to visit the “old” bank soon and close […]

December 11, 2012 | By More
Easy Way to Move Your Bank Checking Account

Easy Way to Move Your Bank Checking Account

Okay.  I have to admit I took a deep breath before jumping in with both feet on this project.  Moving a checking account relationship from a big bank to a community bank is no small feat.  As I said yesterday, as a bank professional for over twenty years, even I don’t look forward to the […]

November 8, 2012 | By More
Why am I moving my checking account?

Why am I moving my checking account?

Have you heard the saying, “Practice what you preach?”  Well, that is exactly what I’m going to do.  My checking account relationship is currently at a large bank, which requires me to maintain an average minimum daily balance to avoid a monthly fee.  Let’s be frank here.  Interest rates are at a historical low, so […]

November 7, 2012 | By More