Queensborough National Bank and Trust Co.’s Post

In 2023, trust levels in the banking sector took a downward turn, discussed by James Daley in Anna Wise's article in The Standard on debanking. https://lnkd.in/e5AYgD5Y

Learn more about how North American Banking Company started in 1998 and how we continue to deliver a better banking experience by investing in the people, businesses, and organizations that make the Twin Cities a great place to live. Member FDIC https://trst.in/5XVd9j #banklocally #banklocal #communitybanking #communitybank

Top 3 Takeaways from our US Banking Survey: Highlighting three interesting takeaways from our consumer survey covering US Banking 1. The top two reasons for why respondents like their current bank is because of its proximity to their home and the reputation that the bank holds. 2. The vast majority (88%) of respondents have not made any changes to their banking relationships in the past 30 days. 3. A plurality of respondents have a generally strong level of confidence in keeping a checking or savings account with a regional bank. Read the blog post here: https://lnkd.in/eZiUMSRj If you are a client, login to view the full report. If you are not a client and want to learn more, email research@bespokeintel.com or call 914-630-0512.

10 mistakes people commonly make with their banking, according to tellers https://lnkd.in/ggR86wS6? #CreditUnions #creditunion #banking #personalfinance #moneymanagement #mondaymotivation #mondaymorning #mondayvibes

Excited to share insights from Reva Rao, our Chief Lending Officer! 🚀 In a recent GOBankingRates article, she provides valuable advice on recognizing the signs that it might be time to change your approach to banking. 💼💰 Click to read the full article here: #banking #financialadvice #financetips #leadershipinsights #expertadvice https://lnkd.in/gRxMNXQB

A period of consolidation in Connecticut’s banking industry in recent years has presented opportunities for out-of-state players to enter the market, finding and filling niches that have opened up. https://ow.ly/YcqO50QGeTp

Couldn't agree more with Teneshia Carr. "Banking isn't just a task; it's a relationship and a partnership that can change the course of your financial journey." Especially if you run your own business, take the time to get acquainted with your bank and the people who work there! #Banking #PersonalFinance #WomenInFinance

The past six months have seen an extraordinary confluence of new and existing regulations affecting every aspect of banking and every customer relationship. In the latest ABA Viewpoint article about the cumulative effects of the recent regulatory tsunami, ABA’s Jonathan Thessin, Hallee Morgan and Avery Weisel explain how even humble basic banking services such as the checking account are under fire from regulators at the Federal Reserve and the CFPB. https://lnkd.in/gWDW_UFP

🌟 Opportunity Amidst Overdraft Regulation Changes 🌟  The financial services sector is at a crucial juncture with the Consumer Financial Protection Bureau's (CFPB) recent focus on overdraft fee regulations. This represents more than a regulatory hurdle; it's a prime opportunity for banks to innovate and deepen customer relationships. In Personetics' latest insightful article, "Redefining Revenue: Can Banks Turn Overdraft Regulations Into Opportunity?" by Chris Hall, with expert insights from Chris Musto, we explore the potential for banks to transform these changes into strategic business advantages. Here's a sneak peek: Innovative Cross-Selling & Upselling: Discover how moving beyond conventional fee models can forge stronger, more valuable customer connections.  Learning from Leading Banks: Gain critical insights from the adaptive strategies of major banks that are now more profitable and centered on customer data.  Adaptable Strategies for Success: Learn how banks of all sizes can use data-driven insights and personalization to excel in today's regulatory landscape. This article is essential for anyone in banking and finance aiming to leverage regulatory changes for competitive advantage. 💡 Ready to turn challenges into opportunities? Dive into the full article for actionable insights and strategies to navigate these regulatory changes effectively. Together, we can redefine the banking landscape!  https://lnkd.in/dW_YvhsY #banking #finance #regulatorychanges #overdraft #customerengagement #bankingnews #bankingindustry #strategy #innovation

500 new branches? Someone please tell Jamie that nobody has great experiences inside of branches -- most people leave branches puzzled thinking "we could have done this online -- why did I have to come in and wait 30 min to do this?" Guess when you are that big and that successful, it is easy to assume that you've got it all figured out. 500 branches sounds so 1970s to me. #banking #finance #currentaffairs #business #money #financialfreedom #financialplanning #wealth #wealthmanagement #whitwell #whitwelladvisors #bankingcrisis #smartinvesting