Kadince Blog

By Casey Elliott | July 27, 2021 | 7 Minute Read

Like any other professional who oversees social media marketing for financial institutions, you know how much time it takes. And when the return on your investment is low, it’s a problem. You're smart to incorporate Facebook, Linked...

By Jaidyn Crookston | July 22, 2021 | 6 Minute Read

An estimated 80% of banks underreport their community development loans. This means that 80% of banks are under-representing their CRA lending performance, which puts their CRA ratings at risk.   The lending portion of the CRA exam...

By Jaidyn Crookston | July 20, 2021 | 5 Minute Read

Are you looking for ways to get CRA credit for your financial institution? With so many possible activities and so few details about what counts for CRA credit, it can be difficult to figure out which activities will be the most ben...

By Linda Ezuka | July 15, 2021 | 5 Minute Read

If you said “the CRA Officer,” I want to challenge your thinking on that. You should consider your bank’s CRA program to be the responsibility of every employee in your company, from the tellers on the bank floor to the back office ...

By Linda Ezuka | July 08, 2021 | 3 Minute Read

Are you ready to partner with a Community Development Financial Institution (CDFI) but aren’t sure where to start? We’ve talked a lot about the value and power of CDFI partnerships, and I know it can be overwhelming to get started. ...

By Linda Ezuka | July 01, 2021 | 5 Minute Read

Ever wish you could find a way to multiply your financial institution’s impact on the community and improve your CRA performance? Equity Equivalent Investments might be just what you need! Equity Equivalent Investments, or EQ2s, ar...

By Jaidyn Crookston | June 29, 2021 | 9 Minute Read

One of the most important things your financial institution does is connect with potential customers. Recent research has shown that one of the best ways for a financial institution to connect with potential customers is by building...

By Linda Ezuka | June 17, 2021 | 3 Minute Read

Friend! Credit unions can be an essential ally for banks, helping with community development investments and your Community Reinvestment Act (CRA) program.  Ready for a radical idea? Invest in a credit union to improve your CRA inv...

By Linda Ezuka | June 08, 2021 | 3 Minute Read

You want me to place a deposit with a “competing” financial institution? No, we are not out of our minds here. Placing deposits, making an investment, or even providing a grant to a Minority Depository Institution (MDI) may count to...

By Linda Ezuka | May 31, 2021 | 4 Minute Read

Struggling to find ways to bring affordable, flexible capital into your community while creating net income for your bank? A partnership with a Community Development Financial Institution (CDFI) might be the answer you’re looking fo...

By Casey Elliott | April 21, 2021 | 4 Minute Read

Any good bank or credit union manager knows the importance of community initiatives and engagement. Volunteering in the community is at the cornerstone of what it means to be a good local financial institution.  ‌ Unfortunately, bec...

By Linda Ezuka | March 30, 2021 | 3 Minute Read

Remember the days when we were volunteering for nonprofit fundraising dinners or waking up early on Saturday morning to participate in a community walk fundraiser? The pandemic has changed many of the ways we volunteer, but the core...

By Brendon Boren | March 22, 2021 | 4 Minute Read

Community involvement is vital for local institutions, and more and more businesses are recognizing that. However, it can be difficult to come up with unique community involvement ideas.  First Metro Bank, in northwest Alabama, has...

By Casey Elliott | March 17, 2021 | 3 Minute Read

Getting involved with the local community is a goal many organizations strive for, but few achieve. One bank that has really influenced their community is NebraskaLand National Bank. With a fleet of five 3,000 lb grills and a lot of...

By Linda Ezuka | February 24, 2021 | 3 Minute Read

Are you crystal clear on your bank’s performance? Do key stakeholders know how they fit into the CRA function of the bank? Do you know everything you need to know for your upcoming CRA exam?  These are the questions that all CRA Of...

By Linda Ezuka | February 18, 2021 | 3 Minute Read

Are you looking for impactful, CRA-qualified volunteer opportunities during the pandemic?   The IRS and local social service nonprofits in your communities are looking for volunteers to support the IRS's Volunteer Income Tax Assist...

By Brendon Boren | February 11, 2021 | 7 Minute Read

Financial institutions do amazing things in their communities. At Kadince, we’ve seen hundreds of impactful initiatives from our customers and other institutions. However, many institutions struggle to market their initiatives to th...

By Cassandra Giovanni | February 02, 2021 | 4 Minute Read

Stockman Bank of Montana is the largest privately-owned bank in the state. With 36 locations and $4.7 billion in assets, the bank has deep community roots. Ensuring compliance with the Community Reinvestment Act (CRA) is vital to th...

By Casey Elliott | January 26, 2021 | 6 Minute Read

Kadince software helps financial institutions streamline their community involvement tracking and data management. As we work with hundreds of financial institutions, we can see the incredible impact that our customers have on their...

By Linda Ezuka | January 20, 2021 | 4 Minute Read

Data collection, maintenance, and reporting are important aspects of financial institution evaluations under the Community Reinvestment Act (CRA). Financial institutions collect, maintain, and report key data elements to the federal...