Community Bankers Outline Top Concerns, Future Expectations in RMA Survey

Community Bank Executives ranked IT, data, and cybersecurity; a narrowing net interest margin; and talent attraction and retention as their biggest near-term challenges, according to the latest RMA Community Bank Survey. The comprehensive survey of RMA member institutions also found that nearly half anticipate either merging, acquiring, or being acquired within two years, and provides insight into regulatory pressures, fintech collaborations, and the state of progress toward CECL conversion….