Data visualization is the presentation of data in a pictorial or graphical format. It enables decision-makers to see analytics more easily, grasp difficult concepts, identify new patterns, and explain outliers.
One of the easiest ways for community banks to increase profitability is to stem commercial loans from refinancing to a competitor. Competition is intense, and community banks that develop a strategy to retain profitable clients can increase income substantially. While most banks devote resources to marketing, sourcing, and booking new business, much less emphasis is placed on maximizing profitability on the existing loan portfolio by identifying and controlling customer loss (or refinancing risk). We would like to share one specific strateg
Within the last two months, several parts of our country have endured devastating natural disasters. From Hurricane Harvey’s initial impact in Texas to the dangerous wildfires wreaking havoc in the Pacific Northwest and northern California, our communities have faced many unexpected challenges. In light of these difficult experiences, we are reminded time and again of the resolve and character of our people within these communities, and specifically within our banking community.