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6 min read

Community Banking News Update - August 2024

Picture of Daisy Lin, Head of Marketing, Acceleron Daisy Lin, Head of Marketing, Acceleron: 8/1/24 7:47 AM

This month's major banking stories and their impact on community banks Welcome to Acceleron’s new content series, Community Banking News Update. Every first week of the month, we will curate a roundup of significant news stories most relevant to...

Correspondent Banking News Update
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1 min read

The Advantages of Risk Sorting

Picture of Damon Magnuski, CEO, Acceleron Damon Magnuski, CEO, Acceleron: 6/24/24 3:10 PM

How to prevent de-risking by sorting your customers by risk While we are in the business of correspondent banking, a new and interesting trend...

Currency Risk Management Foreign Exchange
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3 min read

Don't Think Your Clients Are Sending International Payments? Think Again.

Picture of Elizabeth Downey Elizabeth Downey: 2/22/24 3:37 PM

Many community bankers underestimate the demand for FX wire transfer services among their clients. However, the reality is that clients of community...

Non-Interest Income Foreign Exchange Credit Union
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1 min read

Top 3 Reasons We Loved the Janney Bank CEO Forum

Picture of Damon Magnuski, CEO, Acceleron Damon Magnuski, CEO, Acceleron: 2/13/24 3:31 PM

Introduction While there were many reasons why I enjoyed attending the Janney CEO Forum I am narrowing it down to my top 3. An Event Full of...

Correspondent Banking Credit Union
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3 min read

Overdraft Fees Going Away?

Picture of Andrew Dillard, Chief Business Officer, Acceleron Andrew Dillard, Chief Business Officer, Acceleron: 2/12/24 7:20 PM

photo courtesy of: FastCompany Introduction What does the video rental and streaming industry have to do with banking and overdraft fees? Well, one...

Non-Interest Income
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1 min read

Currency Risk Management for Community Bankers

Picture of Andrew Dillard, Chief Business Officer, Acceleron Andrew Dillard, Chief Business Officer, Acceleron: 2/12/24 6:19 PM

Steps for Effective FX Risk Management for Community Banks Community bankers rely heavily on the American dollar's pivotal position as the global...

Currency Risk Management Foreign Exchange Correspondent Banking Compliance
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2 min read

Top 3 Learnings from the FEDFIS Roundup

Picture of Damon Magnuski, CEO, Acceleron Damon Magnuski, CEO, Acceleron: 12/14/23 2:50 PM

I would like to give a brief review of lessons learned at the FedFis Roundup. First off, this being Acceleron's first time at the event, I would like...

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2 min read

What is the best way to exchange data in the banking industry?

Picture of Kevin Minard Kevin Minard: 7/13/23 12:31 PM

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1 min read

Are you paying your competition?

Taran S.: 6/27/23 1:20 PM

Are you paying your competition when it comes to FX wires? In most cases, the answer is, yes. Community banks and Credit Unions are often chosen by...

Non-Interest Income Foreign Exchange Correspondent Banking
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1 min read

The Power of In-Person Networking

Picture of Elizabeth Downey Elizabeth Downey: 6/20/23 10:50 PM

In a world driven by digital communication, the power of face-to-face interactions in the business realm remains unparalleled. There's something...

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