How Community Banks Are Competing With Big Banks Today

Bankrate reports that despite their limited resources community banks can effectively compete with big banks today; community banks have two big advantages over their larger counterparts: they can be more nimble and they are closer to their customers because they are part of the community; they should also consider partnering with fintech companies; the Independent Community Bankers of America created a fintech accelerator called ThinkTech to help facilitate partnerships between community banks and early stage fintech companies. Source.

  • Peter Renton

    Peter Renton is the chairman and co-founder of Fintech Nexus, the world’s largest digital media company focused on fintech. Peter has been writing about fintech since 2010 and he is the author and creator of the Fintech One-on-One Podcast, the first and longest-running fintech interview series.