Technology
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The banking industry is grappling with a quickly changing technology environment, and that is particularly true for community banks given their fewer resources. Still, several are looking for ways to provide their customers with cutting-edge digital products, overhauling their antiquated systems and using technology to strip out costs and find better uses for their tech teams. The following are ten examples of community banks that have made technology a priority.

Philip Jefferson

Federal Reserve Vice Chair Philip Jefferson said in a speech Friday that long-term productivity gains brought on by artificial intelligence could compel the central bank to maintain higher rates to keep prices stable.

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Jerome Powell

The Federal Open Market Committee voted to reduce interest rates by 25 basis points Wednesday, but the emergence of dissents on the committee makes the chance of another quarter-point cut in December less certain.