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Mark Turner is an outstanding human being and a super-successful banker.  At a recent Forum he shared some of the many life lessons he has learned over time.  His wisdom overwhelmed me, his insights resonated with me.  Here are highlights of what he said for you and your team to consider, share and learn from. Basic advice Get all the experience you can in your twenties.  There is no substitute for actual experience, in part…

The events of the past six weeks have been a stunning shock for many of us.  The lightening-speed unraveling of some of the industry’s most respected and analysts’ favorite banks has jarred us all.  Much has been written about the root causes, but no one described the situation more succinctly than my good friend Rodger Levenson, CEO of WSFS Bank. As a backdrop for this liquidity crisis, consider the following: Very low interest rates dating…

In the quest for deposits, one successful tactic at top-performing banks is to target the right types of customers. While desiring to bank everyone in your community is noble, it can be a poor use of resources. Some customers offer better returns because they use more banking services and have more deposit balances. Not to say you want to ignore parts of your community, but why not focus more of your resources on those industries…