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The Digital Future of Banking
July 19, 2022
Categories: Consumer
Banks have been talking about digital transformation for years. When the COVID-19 pandemic hit, it accelerated the pace of digital adoption. There are currently 200 million digital banking users in the U.S., and globally, the number of mobile and online banking users is on track to reach 3.6 billion by 2024. Even with brick-and-mortar banks fully open, four in five clients in J.P. Morgan’s Digital Banking Attitudes Study said they still prefer to manage their finances digitally.
This...
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How to Navigate Investments for Nonprofits: Investing
July 7, 2022
Categories: Nonprofit
At Park Bank, we’re mission first, and sound investment management can help a nonprofit better support its mission. An investment strategy does more than just generate potential returns. It can also give donors more confidence, complement a risk management strategy, and pave the way for additional opportunities to expand.
Park Bank welcomed John Friar of Park Capital Management to provide guidance on nonprofit investment management. John joined Peter Benson, SVP...
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How to Navigate Investments for Nonprofits: Accounting
July 7, 2022
Categories: Nonprofit
Careful accounting is vital to the financial health of a nonprofit organization. It’s important to the day-to-day operations of the business, and it’s also important for donor, auditor, and market transparency.
Mike Hablewitz, CPA at Wegner CPAs, recently joined Peter Benson, SVP of Business Services at Park Bank, to share his insights on important considerations for nonprofit investment management.
Balance...
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