Pub. 3 2024 Issue 5

Pay-per-click (PPC) advertising is a powerful tool to enhance visibility, drive traffic and generate leads for banks. Here’s how financial institutions can effectively leverage PPC advertising.

The Independent Community Bankers of Colorado proudly congratulates the pictured Colorado-based banking professionals on their graduation from the esteemed Graduate School of Banking at Colorado. These graduates have successfully completed a comprehensive and demanding banking curriculum, preparing them to be leaders in their organizations and trusted financial professionals in their communities.

When lenders find themselves with problem loans but are not ready to start the collection process, they often turn to workouts — modifying loan terms to address existing defaults and hopefully prevent new defaults. Entered and prepared right, forbearance agreements can be a useful tool in the workout toolbox.

Our experts cover the top headlines each quarter to keep you apprised of regulatory compliance matters impacting community financial institutions. This quarter, we highlight several proposed rulemakings and other supervisory guidance to help navigate the current regulatory environment.

Community banks have been looking for the perfect recipe to attract deposits in a market in which consumers and commercial customers continue to switch institutions in search of better rates.

A generation ago, obtaining a commercial loan was a lengthy process involving multiple in-person meetings, extensive paperwork and long waits. Today, the commercial lending landscape has been revolutionized by technology, making the process smoother, more collaborative and less confusing. For example, lending software can reduce processing times by up to 40%, offering significant efficiency gains for you and your customers.

FileInvite’s document management software provides a better, faster and more collaborative lending experience for community banks and the customers they serve. We optimize the lending experience by: Eliminating your staff’s frustration with having to spend hours chasing borrowers for documents. Increasing transparency, visibility and accountability across the loan lifecycle. Reducing cybersecurity risks associated with the

There has been a recent uptick in ATM attacks across the United States, particularly in multiple western states. In many of these attacks, criminals have utilized never-before-seen ATM skimming devices and new methods.

There are many advantages to the SBA 504 loan program that can provide you with a competitive advantage and provide the best financing for your small business client. The SBA 504 loan program combines financing from a bank or other financial institution with financing from the SBA to allow for up to 90% financing on commercial real estate. The real estate must be 51% or more occupied by a small business operating company that is the borrower or guarantor on the loan.

I don’t know about you, but I’ve always looked forward to the early days of autumn. I’m of a certain vintage that remembers when September and October ushered in a break from summer heat (which seems to be later in the calendar these days), and there was a certain excitement around the back-to-school activities. Football fans eagerly await gridiron season, which is now in full swing, and baseball playoffs make their return.

When I first got involved with ICBA’s ThinkTECH Accelerator, I must admit that I believed fintechs were scary. However, what I learned is that “fintech” is a buzzword. Fintech companies are not necessarily different from other solution providers. The “fintech” title serves as a way to designate an innovative company. And don’t we all want modern partners for our banks?

As part of our ongoing series, we spotlight one of our associate members in each issue of the magazine. In this issue, we are getting to know Karen Witt of our long-time associate member, Lewis Roca Rothgerber Christie.

CBC Preferred Providers are selected by bankers just like you, so give them special consideration when considering their proposals for your bank! To learn more about ICBC’s Preferred Providers, contact the ICBC at (303) 832-2000. Please note: ICBC endorses the listed companies but not all products offered by the company.

Flexibility: It’s one of the characteristics that sets our community banks apart, enabling us to meet the needs of distinct communities in unique ways.