pill left background

Logicpath Insights

Learn more about the latest industry best practices, news, and topics with a fresh perspective inspired by logicpath’s technology and innovation.

How to Select the Best Lease Accounting Software for Your Bank or Credit Union

With regulatory pressures already placed on financial institutions to transition to the new lease accounting standards, it’s critical to find solutions that make the transition seamless and efficient. The key to success is to invest in the best lease accounting software.
Read More

What Financial Institutions Need to Know about the New Lease Accounting Standards

While banks play unique roles as both lessors and lessees, as well as users of financial statements, the focus of this blog will be on how banks will be impacted as lessees. We’ll provide a brief overview of what’s changed and highlight potential pitfalls that you need to watch for.
Read More

What is the Impact of Fintech Charters on Community Banks and Credit Unions?

The Office of the Comptroller of the Currency (OCC) announced the approval of the national fintech charter. The OCC’s decision is based on government efforts to promote economic growth, and support innovation that improves financial services to customers, businesses and communities.
Read More

Two Banks Select logicpath’s Deposit Reclassification Solution, Set to Free Up a Total of $21.7 Million in Liquidity

Logicpath, a leading provider of software and analytics for financial institutions, announced that two banks have selected its Deposit Reclassification retail sweep solution, including: $396 million, Clear Lake, Iowa-based Clear Lake Bank & Trust Company; and $1 billion, Lakeville, Conn.-based Salisbury Bank and Trust Company.
Read More

Inventory Methods You can Apply to Cash

A good inventory system is important to a business’ growth. A financial institution's inventory is the cash tied up in branch, ATM, vault and devices. Like any other business, not enough or too much inventory can be costly to the business and inhibit growth.
Read More

The History of Deposit Reclassification

Nicholas Ceto Jr. pioneered Deposit Reclassification, a retail sweep program that helps financial institutions improve profitability by quickly recovering its Federal Reserve balance due to reserve requirements.
Read More

Why Deposit Reclassification is Important to Financial Institutions

Deposit Reclassification is important to community banks and credit unions, especially in a rising interest rate market, because it allows them to reclaim your Federal Reserve balance, and invest that money into your institution and community.
Read More

Four Factors to Consider when Assessing Branch Cash Inventory Management

There are many variables that come into play when understanding cash inventory for banks and credit unions. Our consultants have four top inventory management factors to consider for a financial institution’s cash.
Read More

Top 4 Financial Apps Customers Love

Fintechs continue to rise in popularity, but they don't have to be the bad guys. In fact, many financial institutions are leveraging fintech technology and partnerships to help create a better, more customized experience for customers. Here are the top four apps customers are loving right now.
Read More

logicpath Adds Stephanie Jordan as Content Writer

logicpath, a leading provider of software and analytics for financial institutions and retailers, adds Stephanie Jordan to their team.
Read More