Plansmith Blog

One Less Thing to Worry About

Posted by Megan Plis Knapp on 10/9/19 4:59 PM

After almost 50 years in the biz, we've learned a thing or two about banking. And since most of our employees have spent time in the industry, we know the heavy hitters that keep bankers up at night.

That's why we designed our business around one specific goal: giving our clients one less thing to worry about.

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5 Simple Tweaks to Build a Better Strategic Plan

Posted by Megan Plis Knapp on 7/20/18 3:23 PM

Only part of a successful strategic plan lies in the plan itself. A good plan, just like a recipe, is important. But any good chef will tell you, choosing the right ingredients is only half the challenge. The rest lies in executing the recipe properly.

So, how can your bank or credit union make a better strategic plan?

Here are some simple tweaks to the ingredients and execution of your strategic planning recipe.

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5 Tools Everyone In The Banking Industry Should Be Using

Posted by Megan Plis Knapp on 11/16/16 11:32 AM

You see some people using them, and they're working great. Why isn't everybody already on board? Maybe the tools are brand new. Perhaps they're too expensive. Who knows, they might be really exclusive.

Except, most of the time, they're not. So, what keeps people from getting their hands on the best time-saving tools in the banking industry?

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1st Community Bank: Community Banking Month Award Recipient

Posted by Megan Plis Knapp on 4/6/16 9:30 AM

We are pleased to announce 1st Community Bank as our first Community Banking Month winner!

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Community Banks: Fun with Funds Transfer Pricing, Part II

Posted by Tom Parsons on 3/23/16 12:00 PM

In the previous post we explored the concept of funds transfer pricing (FTP), but only on the surface level. Now for the good stuff: how should the FTP rate be assigned? Well, in a number of ways from the simple to the complex. Like a lot of things in life, simple means fast, easy, less data, good enough; whereas complex requires lots of patience and data for a little more accuracy.

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Community Bank & Credit Union Forum: Compass Roundtable 2015

Posted by Jennifer Mello on 1/7/16 2:00 PM

A Note to Attendees

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Get Your Community Bank Started with Social Media Marketing

Posted by Tom Parsons on 12/15/15 3:00 PM

For #CommunityBankers who are curious

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Community Banks: The Indiana Jones Sword vs. Gun Theory

Posted by Tom Parsons on 12/1/15 12:30 PM

"In the 1981 film, "Raiders of the Lost Ark", one particular scene consistently brings the house down: Indiana Jones, having survived an elaborate chase through a casbah, is confronted by a swordsman whipping through a flashy routine with a scimitar. Indy initially squares off against the deadly swordsman bearing only his trademark whip in his hands; then with a look of infinite fatigue and disgust, he casually pulls out his revolver and blows the bad guy away." (Credit for text: Snopes.com)

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Community Banks: Fun with Funds Transfer Pricing, Part I

Posted by Tom Parsons on 10/13/15 3:00 PM

Yep, the 90s. It was all the rage and I jumped on board like a millennial on the Grateful Dead Fare Thee Well scene – I’m not sure what it’s all about, but I want to say I was there.
 

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Five Pillars of a Productive Community Bank Planning Process

Posted by Craig Hartman on 8/25/15 2:30 PM

Plansmith has been building financial planning software for community banks for over 45 years. More than just coding keystrokes and calculations, though, we understand the real process of planning and build systems that seamlessly integrate into that process.

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