The Financial Institution Learning Center

A banking blog that answers the industry's top questions and problems.

Posts by

Sean De Visser

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3 Effective Ways Financial Institutions Can Support Small Businesses

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Sean De Visser

Small businesses depend on financial institutions in a number of ways, especially in the early stages of operating. One of the most common ways these businesses need help is in the form of checking accounts or other simple tools that help keep finances organized. However, fees and other restrictions can become a deterrent or inconvenience for business owners. To attract and keep small business customers, it can be important to optimize the way you handle customers and the types of services you offer them.

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How to Increase Deposits in a Rural Area: Strategies that Work

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Sean De Visser

Traditionally, communities in rural areas relied pretty heavily on smaller banks to provide them with all their banking needs. And you would think banks in rural areas still have this advantage over big banks because they’re generally the only bank around for miles, but it’s actually becoming more difficult than ever for these institutions to grow deposits. What’s going on?

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CMS Platform

Is Your Bank Experiencing These 4 Pains? Get a Content Management System

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Sean De Visser

Providing your customers and potential prospects with a great website experience is crucial in today’s world. We live in a world of information where we can Google whatever we want to find our answer in a matter of seconds. That’s why it’s more than important for your bank to be creating special offers, education content, and beautiful landing pages that’ll keep your customers interested, engaged, and coming back for more. But to help you manage and create this content, you'll need a solid content management system that works well for your bank’s needs.

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4 Things Community Banks are Lacking in Today's Tech World

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Sean De Visser

Technology continues to progress faster than in past years. Today it only takes computers 12 to 18 months to double their capabilities. With this fast pace of technological developments, each succeeding generation is becoming more and more tech savvy. In fact, many banks are preparing now to provide the digital accommodations Gen Zers seek.

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FPS GOLD's Directions 2019 conference

5 Solid Reasons You Should Attend the FPS GOLD Directions Conference

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Sean De Visser

Directions is FPS GOLD's annual user group conference where clients come together to learn about new and existing products, network with others, and spend time with their FPS GOLD account managers. We believe that Directions provides an experience that is well worth the investment. You won’t want to miss it. Here are five of the awesome things you can expect to get out of Directions.

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Deposits

5 Effective Tips to Increase Deposits

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Sean De Visser

Do global financial institutions (FIs) have a problem in terms of the number of deposits they're receiving?

Here are a couple of statistics to ponder. First, even during a strong economy, bank deposits dropped 2.9 percent in the second quarter of 2018.

Second, in the fall of 2018, the financial industry's ratio of loans to core deposits (which excludes brokered deposits, time deposits, and certificates of deposit) was 90 percent. In other words, 90 percent of deposited dollars are on loan.

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