Issues : COVID-19
Former CFPB Head on a Post-Pandemic Banking Industry
Banks face a reputational risk — and opportunity — as they help customers navigate the uncertain financial landscape caused by the coronavirus pandemic, says former CFPB Director Richard Cordray.
Strengthening Corporate Culture During Covid-19
Companies can use virtual tools to foster and strengthen their culture, and even achieve key goals through the crisis.
On the Radar For the Pandemic’s Next Phase
Banks should prepare to address several emerging issues as they transition to the next stage of the pandemic reaction and fallout.
The Covid-19 Shift
The coronavirus pandemic required overnight acceleration of technological change, which will allow banks to better serve customers and enhance operations.
Texas Strong: Banks Contend With Dual Threats
First Financial Bankshares remains undaunted, even as coronavirus and low oil prices threaten to mess with Texas.
Loan Growth: Curation, Credit Monitoring
One community bank found that giving customers an easy way to monitor their credit also generated $190,000 in loan balances through a single campaign.
Coronavirus Ushers Banks Into New Digital Banking Era
Banks should continue investing in online capabilities to complete their digital transformation even after the coronavirus passes.
How Peoples Bancorp Prevailed Through PPP
Peoples Bank was the top-performing bank throughout its three-state footprint through the first round of the Paycheck Protection Program measured by dollars of loans approved per assets.
Coronavirus Considerations for Goodwill Impairment
As a result of the pandemic, financial institutions may find it challenging to determine whether a triggering event has occurred, resulting in the need for an impairment analysis.
Best Practices for Virtual Board Meetings
The Covid-19 pandemic is forcing bank boards to meet virtually, but there are other good reasons to incorporate audio or video meetings into your governance format. Here’s what to keep in mind.