Simply Stated - All Things Finance
Join us as we discuss the people, policies, and platforms driving financial regulation today. We speak with economists, regulators, industry, and subject matter experts to gain insights into where the nation's financial regulatory system is headed.
Simply Stated - All Things Finance
Community Banks Adapting to the Digital Age
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Conference of State Bank Supervisors (CSBS)
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Season 3
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Episode 6
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Community Banks Adapting to the Digital Age
Guests:
- CSBS Chief Economist Thomas F. Siems
- Federal Reserve Bank of St. Louis Supervision Policy, Research and Analysis Manager Meredith A. Covington
- Temple University Professor of Finance and CSBS Adjunct Research Scholar Jonathan A. Scott
In this episode, we explore how community banks are adapting to a changing digital landscape by analyzing banking and technology questions from the 2021 CSBS National Survey of Community Banks.
Why survey community banks?
How do benchmark interest rates impact community banks?
What competitive pressures do community banks face?
How are community banks responding?
How does a small bank leverage tech on a limited budget?
How do community banks achieve "economies of scale?"
Are community bankers approaching tech with excitement or apprehension?
What impact has Covid-19 had on community bankers' approach to tech?
The 2022 Survey: Inflation, interest rates and tech