Reading through a voluminous board packet can seem like cramming for a major exam, but experienced directors learn what shortcuts they can safely take.
Effective and productive lead directors share several key attributes that make them successful and productive leaders.
Cyberattacks that compromise an individual’s email are more common, and more costly, than ransomware attacks.
Business lending stands to gain from an open banking system that leverages centralized data to generate better offers and create an easier application process.
Banks can gain the competitive muscle to provide small business loans efficiently, quickly and profitably through a digital loan platform.
Constructing the right compensation packages, and communicating the story behind them, is key for banks engaging in mergers of equals.
Competition for commercial loans has been heating up, and future success will require an enhanced digital experience.
Banks can use a board assessment and alignment to create strategies that position them for growth and prepare them for unexpected changes in the industry.
It is increasingly important that bank directors are actively engaged in overseeing both compliance and security concerns.
Community banks that hope to stay ahead should prioritize digital and automated loan processes in the face of talent and regulatory challenges.