LinkedIn Pulse: Swaps on a Blind Date? Three Questions for Community Banks By Bob Newman April 7, 2016 As community banks look for ways to differentiate themselves from their larger counterparts, which of the following advantages would be least likely to help win over a local client when competing for business: Community banks focus their attention on the needs of local families, businesses and farmers Community banks channel most of their loans to the neighborhoods where their depositors live Community banks offer nimble decision-making on loans because decisions are made locally Community banks match up their borrowers with an unknown third party from outside the community in unsecured derivative contracts Obviously, you would never see the last point serving as a pillar of a community bank’s mission statement or displayed on the wall as you enter its Main Street headquarters.…

Read More...