Our blog is dedicated to sharing our thoughts and expertise about the banking industry and how you can experience quantifiable results for your financial institution. We invite you to hear the perspectives from our banking professionals through our posts.
When Tim Holt started Profit Resources Inc. in 1990, he thought he was trying his hand at starting his own consulting business. He had no idea that the company would grow in size and scope to become what it is today. Thirty years later, with 11 employees and a multi-state footprint, the company has stayed […]
Your institution has created a rolling digital roadmap, resources with the needed skills are in place and the policies to manage a fintech partnership have been developed. You’ve taken aim at product solutions that resolve the gaps and hold the greatest profit potential. Now what?
It’s difficult to have a day go by when you don’t hear the term "Fintech." As the market continues to evolve, new entrants emerge and older players continue along their respective maturity curves. With all that noise, how do you know if a fintech solution is right for you?
While financial institutions of all sizes may choose to participate in the Fintech space as providers of services, the vast majority of Fintech interaction will be as consumers of the platforms. Working with a Fintech can provide challenges, particularly for community institutions. Here are the questions to ask as you consider engaging with a Fintech […]
Deposit growth is not what it used to be. Not only is the U.S. population growing at a slow rate at just under 2 percent annually, it’s also getting more white hair. In most American counties, younger folks are not expected to replace aging residents, and they are packing up and taking their population growth […]
The team at PRI enjoyed meeting so many of you at the state banking conventions in September! It was a busy month as we crisscrossed the country to attend seven different conventions. These events offer a wonderful opportunity to connect directly with community bankers and others in the industry. An overarching theme we heard in […]
There is no doubt that the importance of digital banking continues to rise. Digital technology such as the responsive design of websites, both informational and transactional, is now required and demanded by the customer.