B.J. Hall

Kitchen table issues remain front and center for many customers and members at #communitybanks and #creditunions. Offering a checking product that delivers real value to them is the kind of brand reinforcement community FIs can't buy. Delivering not just value in a product but value across customers/members' lives is why BaZing has been boosting primacy, organic growth, and noninterest income to hundreds of community FIs that have joined us. What's more, as banking continues to become more competitive, BaZing helps community FIs differentiate from the competition. #banks #banking #communitybanks #creditunions #checkingproducts #primacy

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For the first time, RDFIs will have a defined role in monitoring ACH payments they receive. This significant development, approved by Nacha members, aims to combat fraud, including business email compromise (BEC), associated with credit-push payments. As Jane Larimer, Nacha President and CEO, points out, "All participants in the ACH Network have a part to play in reducing the incidence of fraud and recovering when fraud has occurred." Learn more in our April 2024 Innovating Payments Executive Summary— Nacha Rules Take Aim at Credit-Push Fraud: https://lnkd.in/ezsgudgX. Plan to join Sean Carter, AAP, APRP, Mark J. Dixon, CTP, AAP, APRP, NCP, Mary Morrison, AAP, APRP, NCP, CAMS, and Patty Presta for a comprehensive two-part series, "Diving Into the Operation Impact of the New ACH Rules," on May 31 and June 07, 2024, where they will delve into the implications of these new rules, offering insights on implementation, procedures, policy updates, audits, risk assessments, and organizational engagement. 🔍 Curious about engaging with third-party providers? 📝 Wondering about new procedures and policy updates? 🤔 Unsure about ACH audits or risk assessments? Get the answers by registering for Diving Into the Operation Impact of the New ACH Rules: https://lnkd.in/e7y73DN2 #ACH #FinancialServices #FraudPrevention #RegulatoryCompliance #ProfessionalDevelopment

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We've been helping #communitybanks and #creditunions of all sizes create the kind of checking accounts that deliver the kind of experience that customers/members want from modern community FIs. In GNO Federal Credit Union's case, they were looking to differentiate their brand in a very competitive market. We helped deliver that with BaZing and have helped boost their primacy as well as deliver organic growth and drive noninterest income. Here's the story in their words. #banks #banking #communitybanking https://lnkd.in/dXfNnzUq

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The number of community FIs continues to shrink as megabanks and big regionals continue to expand their footprints into smaller markets. If you're a #communitybank or #creditunion looking to differentiate and compete against the big players and your peers, while also boosting primacy and organic growth, maybe it's time to find out more about BaZing. #banks #banking #noninterestincome #creditunions #communitybanking

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The latest data from NCUA paints a challenging picture for credit unions, but staying informed is the first step toward tackling these issues head-on. Check out our News & Resources page for an in-depth look at the trends and what’s next for the industry. #CreditUnionData #FinancialServices #TyfoneInsights

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We built BaZing as a way for #communitybanks and #creditunions to deliver unique value to their customers/members via a unique checking product. And two decades later, we're encouraged that the hundreds of FIs that have become our clients are still benefiting from BaZing. Below is just an example of the kind of discounts, and deals that BaZing delivers to customers/members using a subscription-based checking model that relies on benefits rather the fees to drive primacy, non-interest income, and organic growth. #banks #banking #communitybanking

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Discover how Origence has teamed up with Catalyst Corporate Federal Credit Union to provide immediate loan funding via the FedNow® Service for credit unions using FI Connect. Read the full article here: https://hubs.li/Q02RDQk30

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Since 2021, we’ve done the reporting on more than 92% of the grants we’ve written for our CDFI credit unions. We can help with the reporting for any CDFI credit union! We're just 1 click away in the comments below! #creditunions #CDFIs #compliance

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Bank and Credit Union CEOs Reveal Top Priorities in Annual Survey https://lnkd.in/eCvXUAGS #CreditUnions #CreditUnion #banking #financialservices #survey #ceo Jack Henry

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The ground credit unions occupy on the banking battlefield is under attack. With deep pocketed banks squeezing in on one side and fast-moving digital challengers on the other, the time for credit unions to act is now. But how did they get here and what do they have to do to start fighting back? We called on David M. Brear, Ewan Silver, and Benjamin Ensor to give us the answers in this latest episode of 11:FS Explores.

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"Growing deposits and increasing operational efficiency are top priorities for community and regional financial institutions, according to Jack Henry’s sixth-annual survey of bank and credit union CEOs." #ownersrepresentative #financialinstitution #creditunion #credituniondesign #bank #bankdesign #structurefirst

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Credit Union branch growth. The sub header brings up a good point, how will the spate of bank/branch acquisitions impact this growth? In Q1 into Q2 we saw a lot of announcements. I've actually seen quite a few in my local area. However, the overall growth has slowed. Is this because of a slowdown in overall growth, or a tough building environment during supply chain issues in the pandemic, or digital offerings being used to expand instead of traditional branches? "Credit unions expanded their branch footprint from December to March, but it was the smallest quarterly gain in more than a year." "NCUA data showed credit unions had 21,928 branches and other locations as of March 31, 146 more locations than a year earlier and 17 more since Dec. 31." "Credit unions lost 449 branches from December 2019 to December 2020 during the height of the COVID-19 pandemic, and since then have gained 362 branches." #creditunions #branches #growth #lending #deposits https://lnkd.in/gV2ixbud

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Many banks and credit unions use Alchemer Digital to collect and respond to in-app and web customer feedback. This helps them drive data-driven product decisions and increase member retention. Learn how Advantis Credit Union uses Alchemer Digital to increase ROI and improve customer satisfaction, loyalty, and retention. https://lnkd.in/gitbeBgE

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Harvard Federal Credit Union (HFCU) has always had a strong focus on member experience, carefully balancing the potential of new technology with what will work best for their organization. With the belief that members want self-service if it’s well done, HFCU was always waiting for something that would both improve their operational efficiency and cater to the needs of their members. In 2022, the launch of ChatGPT intrigued the HFCU team, seeing the potential of how to get ahead of the competition. Learn how HFCU adopted AI and prepared for a successful implementation: https://hubs.ly/Q02QC1KT0 #ClientStory #CaseStudy #ClientSuccess #AI #HFCU

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Today’s NCUA Board Meeting showed the latest data on CAMELS code 3, 4, and 5 credit unions. Take a look at some of the key data points and our analysis in today’s REGular blog. https://lnkd.in/e8tNnVfh

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Mbanq CUSO is transforming the way credit unions operate. Check out this video of Natalia Tapia, Mbanq's Banking COO, who shares insights into our Credit Union-as-a-Service (CUaaS) platform.    Mbanq partners with credit unions and delivers state-of-the-art digital financial technology to help them stay competitive and future-ready.    #CreditUnions #BankingInnovation #CUaaS

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Known for developing the #OriginalRetailATM, did you know #Banks and #CreditUnions have been using #Affordable, #AmericanMade #Triton #ATMs for decades? From the #RL2000 to the #FT7000, to today’s #ARGOFT savvy #FinancialInstitutions choose Triton Systems. #Cash #FinancialTechnology #FinancialInnovation #BankingTechnology #ARGOFT #SelfService #ATMOutsourcing #ATMDeployer #USAMade #USJobs #ATMIndustry #ATMNation #Fintech

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