PRI Blog: General

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.

Community Banking Month: How Peoples Bank is Strengthening Their Community

April is Community Banking Month, which the Independent Community Bankers of America (ICBA) calls “a celebration of the independent spirit and unwavering commitment of community banks to help consumers and small businesses achieve their financial goals to create communities of prosperity nationwide.” In April, PRI is celebrating some of the excellent community banks that we’re […]
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Keeping The Community Bank Feel as You Grow

Community banks have long been pillars of the local community, intricately interwoven with its small businesses, governmental entities, and the everyday lives of its citizens. In fact, community banking represents approximately 90% of all banks in the US! In today’s highly competitive and fast-moving financial services environment, growth is at the forefront of everyone’s minds. […]
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The Human Touch in Digital Banking: Balancing Automation and Personalization

For almost a generation now, financial institutions have embarked on a bit of a digital arms race. Starting with the simplest online banking applications and moving up from there, digital banking assets were collected. Technology vendors purchased newer products and included them in their digital suites using traditional programming technology to create interfaces. Today, however, […]
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Seamless Integration: Key Strategies for Core System Implementation

So, you’ve done all the major work to select a new core system, including ensuring that it aligns with your organization’s strategy and long-term goals. You’ve worked hard to select the right vendor and the right internal team to prepare for implementation, which may have taken several months or a year. Now launch day has arrived, and your top goal is to accomplish a seamless integration that will bring you out the other side without losing customers or frustrating your employees. How do you do it?
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PRI Annual Team Meeting Focuses on Storytelling and New Technology

The PRI team gathered in historic Nashville, Tenn., for our annual meeting in October. Being in “Music City,” we were able to experience all it had to offer, while coming together to review the vision of PRI and discuss trends and changes coming to the financial industry. PRI founder Tim Holt kicked off the meeting […]
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Loan Pricing: How to Increase Profitability/ROE in an Increasing Rate Environment

As of April 2023, the yield curve was inverted, pointing to a possible recession. Rates have dramatically increased, slowing loan demand, and inflation stubbornly hangs on indicating more rate increases could be on the way in the short-term. Customer demand has shifted the conversation from rate floors to rate ceilings. In addition, excess liquidity that resulted from the pandemic is now falling. This, combined with depositor demand for higher yields, is beginning to increase deposit costs. In this blog, PRI consultant Shawn King discusses how to maximize profitability and ROE in an increasing rate environment.
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Breaking the Mold: Using New Channels to Communicate Effectively

At PRI, we spend our days helping financial institutions look at every aspect of their businesses to determine where they can improve their processes, which leads to enhanced culture and employee engagement. There are many avenues of attack we can take that lead to improved efficiency and increased profitability, which is our ultimate goal. As […]
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5 Top Things to Keep in Mind When Selecting Your Core Banking System

For almost every financial institution (except de novo institutions), a current core system is already in place. Changing core and ancillary systems creates a significant change event that will impact productivity and morale. It’s not an endeavor to be entered into lightly! In the PRI article 7 Tips for Getting the Most Out of Your […]
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5 Steps to Turn Strategic Planning into Action

Strategic planning is a process used by financial institutions to identify short and long-term goals, determine the strategies necessary to accomplish those goals and devise an approach to evaluate progress. While strategic planning usually takes place at the senior management and board of director level, it can often stall out there, never driving down into […]
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