Federal Deposit Insurance Corporation (FDIC)’s Post

Check out the latest episode of Banking on Disruption Daily - your daily dose of the hottest financial services headlines. Today Renasant Acquires The First Bancshares, FedNow's Slow Adoption, and Rising Check Fraud Concerns...

We must look beyond data analytics - Data Utilization is critical! Let the Team at TKG demonstrate how to take your institution to the next level! The Kafafian Group, Inc. #HelpingBanksPerformBetter #CommunityBanking #BankProfitability #TKG #TheKafafianGroup #KnowledgeIsProfit

Data analytics is so 2023. Data utilization is the new norm. How do you use yours? #bankingtech #datautilization

It’s a New Year 2024! So why not start with some great habits on your Financial Journey? Take a moment to review some great tips from Tonya Young ! 💙💚

"Bankerpreneur"? Yes, that's correct! The 10th episode of Mighty Finsights 🎉 features Trey Maust from Lewis & Clark Bank, who shares how breaking away from traditional banking methods formed the core of Lewis and Clark Bank. Listen to the story of how they shifted from relying on a single operating account to a more diversified approach to managing finances. This is a must-listen for anyone in the industry! His insights on the future of banking, as a key infrastructure ensuring secure and compliant financial services, are particularly eye-opening. Check it out https://bit.ly/47Li0Wn #MightyFinsights #banking #financialservices

Fresh Start, Stronger Finances: How to Reset Your Financial Goals for the New Year!

Thanks Sam Kilmer, due to the ease of managing deposits for so long, overly simplistic conclusions within bank executive teams have developed about what drives success in this regard. Your focus on the entire ecosystem of deposits including product, delivery, data, process, experience, promotion, branding, and energizing the team is essential. Too many bankers have fallen into the trap of thinking if they just upgrade technology, it alone will solve the problem. We find that helping people manage their money as trusted advisors is the only way you can avoid the interest rate wars. If you want to attract and retain properly priced deposits in this non-trivial interest rate environment you cannot limit your offerings to the classic deposit accounts via online and mobile banking apps. Talk about the ultimate commodity! You need to offer nuanced and customized solutions via competent financial professionals at your frontline who have effective and efficient technology to deliver the experience the depositors are seeking. I just published a 4-minute YouTube on Developing a Complete Set of Deposit Options. You can find it at https://lnkd.in/gudKFt5m

Introducing the face of reliability and expertise, Mr Abraham Musah, leading our bank with integrity. Say hello, to the guiding hands of all our banking operations. #naararuralbankplc #associationofruralbanksghana #ruralandcommunitybanks #ruralbanking #midweek #lexbertmultimedia #microwatchm

So many people find the infinite banking concept and think it's illegal. In this episode, I explain why I believe we have lost the knowledge of this 200 year-old product and why you need to listen to people who are educated on it. https://bit.ly/3RTQK1x

In this webinar we'll examine Gen Z's banking habits and how they differ significantly from previous generations.