Lee Wetherington

May 30, 2024 | cumanagement.com | Lee Wetherington |Kevin Filan

5 minutes Is your institution adjusting its approach to the requirements of modern lending? In March 2022, the first of 11 consecutive rate increases by the Federal Reserve reawakened scrutiny on lending. As inflation has remained stubbornly high and consumers savings from COVID-19 have evaporated, focus has rightly shifted to the ongoing ability of consumers to service their existing debt and take on new loans.

Apr 29, 2024 | ffnews.com | Lee Wetherington |Jennifer Geis |Jack Henry

Growing deposits and increasing operational efficiency are top priorities for community and regional financial institutions, according to Jack Henry’s sixth-annual survey of bank and credit union CEOs.“With rising deposit costs putting pressure on net interest margins, banks and credit unions have greater urgency to enhance operational efficiency, especially through back-office automation,” said Lee Wetherington, Senior Director of Jack Henry™ Corporate Strategy.

Apr 24, 2024 | bai.org | Rachel Koning Beals |Lee Wetherington

Lee Wetherington, Senior Director of Corporate Strategy at Jack Henry, joins Senior Editor Rachel Koning Beals on the BAI Banking Strategies Podcast to share his belief there’s a data and AI moment of reckoning in our industry, forced in part by the speed of gen AI curiosity. With this tech breakthrough, however, comes real opportunity for nimble financial services organizations.

Aug 14, 2023 | bai.org | Lee Wetherington

Community banks’ outlook on the economy continues to sour. According to the Conference of State Bank Supervisors (CSBS) quarterly Community Bank Sentiment Index, community banks’ economic pessimism fell to its lowest level since the survey began in 2019. 95% of community bankers believe the U.S. economy is already in a recession, and ongoing concerns about regulatory overreach, cyberattacks, inflation, federal debt and labor costs are driving fears about sustaining profitability in 2023.

Jun 28, 2023 | bankdirector.com | Lee Wetherington

You Are Here: Home > > What Banks Should Know About Niches What Banks Should Know About Niches Banks often pursue a niche as a way to develop a competitive edge, reaching a defined market that is neither too narrow nor too broad.