American Bank’s Post

🌟 Banker Banter 🌟 Today's Banker Banter is answered by EVP & Chief Operations Officer Kevin Knesek. Q: The FDIC only insures deposits up to $250,000. How can I insure my deposits that are over that amount? A: SouthStar Bank offers an easy and convenient way to keep your funds FDIC insured via our CDARS program up to $50 million per customer. Have a banking question you need answered? Leave your questions in the comment section to have them answered in the next Banker Banter! #BankingTexasStyle

Acquisitions and growth may be appreciated by shareholders but customers want service and quality. When big banks acquire smaller ones they seem to introduce friction and cost-cutting and lose high-value customers. Consumer banking is digital and does benefit from scale. However, business banking, especially for small business and low to mid commercial segment, seems to prefer #communitybanks due to service and convenience. We don't see this as an isolated shift or a new trend. This is really the bread and butter for smaller FIs and we at #BanqFora are happy to play in this sector to provide them the tools they need to scale digitally. https://lnkd.in/eSKEEy7D

The action isn't limited to the mainstage! We've had many thought-provoking breakout sessions, and this one was no exception. Kenneth Marker from Zions Bank, Jeffrey C. from Citizens, Lou Grilli from PSCU and Nikhil Joseph from Plaid came together to share insights on what regional banks and credit unions should be aware of as they embark on their open banking journey. #FDXGlobalSummit #FDXAPI #OpenBanking #OpenFinance

🚀 🏦 FHC was extremely pleased to participate in this year's National Credit Union Collections Alliance. It was truly a rewarding experience to interact and collaborate with fellow attendees. The event provided a platform for FHC to not only network with industry professionals but also share insights and best practices in the field of credit union collections. 🏦 🚀 #fhc #fintech #banking #creditunions #customerexperience #callcenter #rewardprograms #paymentoversight #backofficeprocessing #applicationprocessing #payments #lending #debtmanagement #financialservices

Only hours remain to take advantage of CBA LIVE 2024 early bird savings! Register TODAY and don't miss your final chance to save $400 on registration. → Connect with senior-level bankers and key decision makers. → Discover the latest issues and trends from top industry experts. → Explore the newest ideas, trends, and innovations, while forging pathways to support the people we serve.. → Save $400 on all the above – plus lock in your stay for #CBALIVE 2024! #Banking #Conference #Finance #CFPB #Congress #FinReg #Bankers #BankingNews

LOVE MONZO? IT’S TIME TO PROVE IT. We’re in the running for a few honours in this year’s British Bank Awards. And we need your help to clinch the win 💪 The awards are decided by customers like you, which is why they mean so much to us! Sadly there’s not a category for “their Linkedin posts make me laugh”, but if we’ve ever made you feel a bit better about your money - we’d love your support. And if you need even more of an incentive, there’s cash up for grabs. If you vote, Smart Money People will automatically enter you in their prize draw for a chance to win £1,000* 🤑 Vote for us to win Best Current Account Provider: https://lnkd.in/etSiEq9s Vote for us to win Best Business Banking Provider: https://lnkd.in/eA2vvJtp *Ts&Cs apply: https://lnkd.in/eEvb8vTj

I'll be at MRC | Merchant Risk Council in Vegas next week talking about the latest trends in subscription growth and management, the demand for an aggregated experience to manage subscriptions in one place, and how banking channels are meeting this demand. Meet me there!

Stop by Booths 9 & 10 to see how G+D’s Compact Solutions can help your daily workflows.

If you’re a bank executive, we invite you to join Dave Gagnon and me for a live session on how banks are successfully recruiting, retaining, and rewarding top-tier talent. Our annual survey of C-suite bank leaders provides a comprehensive snapshot of the industry's best practices, highlighting the latest trends community banks are using to secure their workforce and drive long-term growth. Join us on October 15 as we release and discuss the key findings from our 2024 survey. #communitybanks #bankexecutives #compensationandbenefits

It is important for business owners to be innovators, and JN Bank is here to help you along the way. In our latest episode of Talking Wealth, Natalee Wedderburn, Head of Merchant Acquiring and Card Sales at JN Bank, discusses how small business owners can become JN Pay merchants. Watch the entire episode on the Jamaica National Group's YouTube channel (https://bit.ly/3UhDBjY ). #JNTalkingWealth #Savings #JNPay