How Community Banks Can Take Back Main Street from the Fintechs

While Main Street has traditionally been the territory of community banks, over the past few years, neochallegers like American Express (Kabbage), PayPal and Funding Circle have gained significant market share in small business lending. These digital-first providers can deliver a credit decision in less than one day, giving small business owners rapid access to the capital they need – especially pertinent in today’s economy. 

With pressures on growth and net interest margin looming, it’s time for community banks to reinvest in the people, process, and technology necessary to make SMB lending a priority and a success. Watch Cornerstone Advisors' John Meyer, Associated Bank’s Ashley Lucas and Amount’s Jonathan Katz as they discuss:

• The urgency in diversification, backed by newly published industry research
• A real-world example of building and scaling a successful hybrid SMB lending model
• Strategic and technological considerations to increase operational efficiencies and customer satisfaction