PITTSFIELD, Mass. – Greylock Federal Credit Union is proud to announce the promotion of Shirley Crandall Petithory to branch manager of its Kellogg Street branch in Pittsfield.“I am very excited about Shirley’s promotion to manager of the Kellogg Street branch,” said Senior Vice President, Retail Services Robert Sims. “She’s been t...
There are many instances in life where it’s OK to learn from making mistakes, but – speaking from experience – credit and personal finance are not times you want to do that if it can be avoided. In fact, the importance of understanding credit and personal finance in today’s fast-paced financial landscape cannot be overstated. This know...
Lenders must navigate a complex matrix of consumer behavior, competitive shifts and tech advancements to foster sustainable growth. And with increased delinquencies and declining affordability, today's lending landscape also has heightened margin pressures and rising loan risks. With high interest rates shaping the sector, understanding how your lo...
Exiting the holidays and entering a new year can only mean one thing: trade show season. It’s time to trade in your stocking stuffers for booth swag, dust off the business cards, and prepare for meeting with your peers. Attending industry events is an invaluable way to expand your relationships and generate new business opportunities, as well as ...
Small business (SMB) lending, particularly SBA loans, presents an emerging opportunity for credit unions and community banks seeking to boost profitability. The market size for SMB lending has surged, driven by rising entrepreneurship, decreasing interest rates, and government incentives. Despite this growing opportunity, SMBs remain crit...
There are many measures that summarize banking performance, but in terms of the immediate effectiveness of a financial institution, one of the most insightful measures is the efficiency ratio. Whereas measures such as return on equity remain dependent on the bank’s capital structure at the time and return on assets gives no insight into the ...
Strategic Leadership Appointments Bolster Kinective's Executive Team to Drive Innovation and Strengthen Market Position PHOENIX – Aug. 8, 2024 - Kinective, the leading provider of connectivity, document workflow, and branch automation software for the banking sector, today announced the appointment of Keith Fujinaga as Ch...
Corelation, Inc. kicked off the new year by announcing a change at the top of the organization, as Rob Landis has been named its Chief Executive Officer. Former COO Landis has been with the company since its 2009 inception, and spent the last three years serving as President for the core software provider. He succeeds long-time leader and indu...
Each year, as criminals hone their skills and discover new ways to capitalize on vulnerabilities, the methods they use to target financial institutions become increasingly sophisticated. In recent years, rapid digital transformation and adoption have opened the door to fraud and, in many cases, made their jobs easier. Staying ahead of fraud is an o...
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