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How to Prepare for the Repeal of Dodd-Frank

How to Prepare for the Repeal of Dodd-Frank in a Rising Interest Rate Environment With Dodd-Frank squarely on President Trump’s chopping board, and with the Fed widely expected to raise interest rates over the next three years, it’s a win-win for banks to drive-up profits. However, to come out ahead, banks will need to get smarter about freeing-up their cash as capital reserve and regulatory requirements loosen up, and use it to sharply increase lending in a rising interest rate environment. The...

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Topics: Regulations

How's Your Wife?

Around the office, our Chief Analytics Officer is known for a few sayings when describing data analysis. Every Thursday at 10:00am you will find me in front of a white board with the aforementioned Chief Analytics Officer discussing statistical analysis, probability, data distribution and methodologies of measuring risk while appreciating the havoc volatility can cause in data review. These sessions are endeavors that often leave my head spinning, but ultimately makes me reconsider how I analyze...

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Topics: Analytics

I Just Can't Get That Brand Out of My Head!

I enjoy watching movies, especially those based in a certain time period. I am always amused by the fashion choices. Whether it be the famous Guess triangle found on jeans, or the ever popular Polo pony found on Ralph Lauren clothing, company branding can be appealing and memorable. Knowing or unknowingly, we do business with the names we are familiar with, that elicit a memory. I recently purchased some items from my local grocery store and noticed the brands were all ones I remember having as ...

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Topics: Branding

Branch Transformation: 3 Questions Every Banker Must Answer

Our industry has fallen in love with the words Branch Transformation. By now you may be tired of hearing them. Before you tune them out completely, I would encourage you to take a step back and look at the bigger picture.

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Topics: Community, Branches and ATMs, Technology, Customer Service

Are You Making a Difference?

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Topics: Community

College Loans: Private or Federal?

Paying for college is a top financial priority for many people. Sadly, the cost of a college education is on the rise. According to the College Board, the average cost of tuition and fees for the 2014–2015 school years was $31,231 at private colleges, $9,139 for state residents at public colleges, and $22,958 for out-of-state residents attending public universities. So, take any one of those numbers and multiply by 4 or 5; since the majority of college students take at the minimum 4 years (if yo...

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Topics: Savings, Products

What is this EMV Chip Technology?

You may have received a new credit or debit card from your bank with a gold or silver square emblem embedded on the front. If you haven’t, one is coming soon.

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Topics: Technology

Social Media Credit Scoring

Social Media infiltrates most aspects of our lives now-a-days. Most people have a Facebook, Twitter, LinkedIn and/or… Google Plus account. I started out in college with MySpace, graduated with Facebook, networked in LinkedIn, and followed in Twitter - my adult life has never existed without social media. I can make the assumption that a third of my life has been recorded through social media.

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Topics: Trends, Banking Products

Home Equity Resurgence

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Topics: Banking Products

Tiny Living - Big Savings

I’m sure by now; everyone has been exposed to the idea of tiny living in one form or another. For example; tiny cars, tiny houses, tiny towns for kids to play in (http://www.tinytowne.com/concept/ ), and heck, even tiny dogs (aw, aren’t they cute?!). I think that for the most part, these tiny creations have come from people with big ideas on how to save money, save space, and eventually save the world…

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Topics: Trends