Simply Stated - All Things Finance

Community Banks Adapting to the Digital Age

May 05, 2022 Conference of State Bank Supervisors (CSBS) Season 3 Episode 6
Simply Stated - All Things Finance
Community Banks Adapting to the Digital Age
Show Notes Chapter Markers

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