Rethinking the Small Business Checking Playbook

By Dave DeFazio This article was previously published on BankDirector.com Even before interest rates rose, community banks and credit unions were battling megabanks, regional banks and the new wave of digital banks and fintechs to keep and attract traditional retail and small business checking account customers. This battle is for only a small percentage of…

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Recording: What’s New with Business Checking? BaZingBiz Checking

Download Presentation (PDF) The lifeblood of community banks and credit unions is SMBs because these businesses are the lifeblood of the communities these financial institutions serve. For the past two decades we’ve served more than 2 million customers and members and more than 400 community FIs, helping them deliver the best products and services to…

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Recording: Navigating the Land of Giants

Download Presentation (PDF) According to FDIC and S&P Global data published last year, 3% of the largest banks have about 83% of the deposits in the US. That leaves 17% of deposit accounts to find homes with 97% of the rest of the financial institutions out there.And the intervening year hasn’t helped that 97%. Plus,…

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Navigating Beyond the “Free Checking” Era in Business Checking

By Dave DeFazio The era of simply offering a free checking account for business checking customers is done. And community FIs’ biggest competitors – megabanks and digital banks – are well aware of that. They’ve been busy adding value to their business checking accounts, especially in the past few years. Unfortunately, it’s not the same…

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Revitalize Your SMB Checking Accounts and Take on the Megabanks

By Gregg Early A study done by the Independent Community Bankers Association (ICBA) revealed that community banks provide about 60% of SMB loans nationwide. That puts community financial institutions at the center of their communities. It also means that SMBs are a crucial part of a healthy community FI’s portfolio. Both these axioms are the…

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It’s Time to Get Beyond Basic Banking

By Gregg Early Few people get excited about basic banking – paying bills,  managing account balances.  However there is a way to augment these mundane banking functions by extending lifestyle-based banking features so that FIs can help consumers save money when they need to spend it.  Doing this offers a unique level of value that…

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Recording: Raise Your Business Payments Game

Download Presentation (PDF) In the past seven months we’ve seen wild swings in emerging risks and opportunities in the banking sector. That has meant community banks and credit unions have had to react quickly to short-term challenges, rather than set a course for long-term growth. But as the economy and markets settle down, it’s time…

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Remember Who Won David vs Goliath

Channel the Power of Organic Growth by Gregg Early   Let’s not talk about the past year. Let’s take the long view and talk about the past decade and a half. For nearly all of that time we lived in a “next normal” of quantitative easing, which brought along with it easy money and sustained…

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Recording: What’s New withBusiness Checking?
BaZingBiz Checking

Download Presentation (PDF) The lifeblood of community banks and credit unions is SMBs because these businesses are the lifeblood of the communities these financial institutions serve. For the past two decades we’ve served more than 2 million customers and members and more than 400 community FIs, helping them deliver the best products and services to…

Read More