Let’s face it, we are fully immersed in a digital world and banks are finding a decline in traditional banking. Statistics show a 41% decline in teller transactions since 1992, further revealing the need to provide an engaging mobile banking experience.
Our home state of Arkansas recently passed the Personal Finance and Job Readiness Act, a bill that will make personal finance a required high school course beginning in 2021. Many other states have been introducing similar legislation, creating a widespread understanding of the importance of financial literacy for young people.
Join Joe Ehrhardt, Founder & CEO of Teslar Software, to see how you can become a more efficient institution without losing a high touch approach.
This past Thursday Joe Ehrhardt, CEO and founder of Teslar, hosted a webinar with the ICBA and Independent Banker. The webinar was called Meet Teslar and Joe discussed why Teslar was selected for the inaugural class of ICBA's ThinkTECH Accelerator and voted Most Impactful Solution at ICBA Live 2019.
Teslar Software Shares Insight on 2019 Community Banking Trends, 2020 Predictions
Fintech comments on AI, battle for deposits, open banking and the branch
Today we honor those who have served and continue to serve our country. Words cannot begin to express our gratitude for the repeated sacrifices veterans have made on our behalf.
Please join us in welcoming Bethany to our sales team!
Bethany joins us in her senior year in college as she works towards a degree in Communications. Bethany comes to us with many years of experience in managing communications, social media, print and digital media production, and web content.
One of the most recent developments to come out of the banking industry were the recent layoffs conducted by Wells Fargo, the fourth largest lender in the United States. Announced last month, Wells Fargo laid off more than 200 employees mostly focused within their agriculture loan divisions in states such as North and South Dakota. According to people with direct knowledge on the matter, Wells Fargo has cut the commercial loan division of their lending portfolio by 25%. This comes as a blow to the farmers in North and South Dakota who were relying on Wells Fargo to meet their lending needs.
In late September Pennsylvania State House of Representatives passed new legislation that will allow public school students to apply personal finance credits towards high school graduation requirements. Daniel Laughlin, a state senator for Pennsylvania stated, “I believe high school courses in personal finance should be encouraged.”1 This new legislation will go into effect within the 2020 school year. Students that complete a personal finance course have the ability to use that as a credit for math, social studies, business education, or family and consumer science. Pennsylvania promoting personal finance within their schools is encouraging and hopefully other states will follow their lead.
Halloween night doesn't have to be about just sitting on the front porch waiting to pass out candy to trick-or-treaters. We have rounded up a few ideas to jazz up your Halloween night and even get your friends and family involved too!