First American Payment Systems, a leader in the payment processing industry, has partnered with Nobly POS to provide an easy to use, integrated payment processing solution on the Nobly point-of-sale platform.
Local banks have found success in the customer service model for many years. People are often cautious with their finances, but community banks establish a level of trust with their clients to help them feel at ease with depositing their checks. Traditionally, customers would come into a bank and make a deposit while speaking with a teller. However, the digital age has shifted the banking paradigm in such a way, that consumers are now using new technology to view their finances and interact with their financial institutions.
Mobile and online banking in particular have changed the way consumers interact with their banks. There are fewer face-to-face interactions, but that's not a bad thing for local banks. In fact, according to Gallup's "2014 Retail Banking Survey," 36 percent of clients at domestic small and regional banks are actively engaged with their institution. Comparatively speaking, just 27 percent of consumers at large regional banks are engaged, while just 17 percent of national banks are engaged.
Not to say that community banks have it wrong, but as the information age progresses, community banks are in poll position to improve their industry-leading customer service. Here are three tips on how to do just that:
"Community banks are in poll position to improve their industry-leading customer service"
First American Payment Systems specializes in solutions for community banks. Learn how our expertise and partnerships such as IBAT have fueled growth for our community bank partners.