In the light of the enforcement action against Farmington State Bank, Michele Alt of Klaros Group, gives four lessons for anyone considering acquiring a bank.
The Chairman and CEO of ConnectOne Bank, a community bank provides his perspective on small businesses and banks embracing technology in all aspects of their business; ConnectOne is a forward thinking community bank which recently moved lending operations to the cloud; they look to meet the needs of their clients however they want to interact, even if that means coming to a bank branch. Source
It is becoming increasingly necessary for financial institutions to start thinking outside the box for ways to grow and diversify their loan portfolios.
Businesses around the United States have been significantly impacted by the coronavirus; at LendIt Fintech we postponed our USA event...