Joe Wheeler has spent more than two decades in the financial services industry, much of that time helping community banks to craft strategic plans, while at the same time incorporating risk management and regulatory considerations into the strategic equation. In a recent article on the web site cbinsight.com, Wheeler tosses an interesting ingredient into the risk management … [Read more...]
Making banking cool again.
A friend of mine worked in mortgage banking in the late 1980s. After starting a career in media, he turned to banking for better pay, better hours and most of all, greater challenge and opportunity for advancement. Working in the heart of a large downtown created excitement, a “Mad Men” sort of vibe, complete with button-down collars, suits and ties. Don’t misunderstand, … [Read more...]
5 lessons for bankers from Augusta National
Traditionally, at least, banking and golf go together like sweet tea and cornbread. And this week - for weekend duffers like me - marks golf’s high holy days. The Masters tournament begins today. Think of it, the coveted green jacket, the resplendent azaleas painted every color in God’s palate. Green grass my wife would kill for. Bobby Jones, Palmer, Nicklaus, Watson, … [Read more...]
5 Bank Marketing Lessons From Collegiate Athletic Recruiting
As some of you may know, I played college football in the rough-and-tumble Southeastern Conference. In my part of the world, there are three sports seasons – football season, spring practice and recruiting season. If you don’t see a connection between college football and the world of banking, think again. Both are big-money concerns. And college football is such a part of … [Read more...]
T-Mobile Enters the Digital Wallet Market – Should Bank Marketers Worry?
The competitive landscape for banks and credit unions is rapidly changing as technology and customer demand are bringing new players into the market. There was a time when geography and branch location played a significant role in how consumers selected their bank, but digital options, tech savvy millennials, and a post-recession customer untrusting of the banking industry have … [Read more...]