Hospitality lending can be a good niche for many community banks that do it right.
Community banks can increase and build deeper relationships by helping these business customers go international.
Bankers everywhere want to modernize rapidly in order to meet their customers' expectations.
They can be an attractive line of business for community banks.
The demand for commercial and industrial (C&I) loans is alive and well it seems.
Here's how your bank can help these customers.
What can community banks do to keep their business customers in this fierce, non-relenting competitive landscape?
Fifty-eight percent of bankers surveyed last year said they expect to begin using or increasing their use of reciprocal deposits promptly, due to the new S.2155 law provisions.
While 33% of baby boomer business owners plan to transfer ownership within the next 5Ys, 36% have yet to figure out how that will happen.
According to the Kauffman Index, the percentage of "encore entrepreneurs" has risen to 24.3% and is the largest gain of any age group.