Washington, D.C. (Dec. 12, 2019) —The Independent Community Bankers of America® (ICBA) today announced that FI Navigator has been selected as its newest Preferred Service Provider. FI Navigator’s web-based data and analytics platform, FI Analytics, instantly provides community banks with peer-based decisioning support to enhance performance by identifying areas for improvement in line with a bank’s strategic business objectives.
“FI Analytics’ powerful benchmarking tools help community banks assess the strength of their current offerings for improved resource allocation and product and service development so they can continue to meet the needs of their customers and communities,” said ICBA Services Network Chief Operating Officer Kevin Tweddle. “It’s a cloud-based subscription service that requires no system integration, so it’s easy to get up and running—allowing community banks to quickly respond to changing market dynamics.”
FI Navigator offers two complementary analytics tools: FIN Advisor and FIN Reporter. FIN Advisor instantly generates a complete consultative assessment of a community bank’s growth, risk and customer offerings and then generates customer solution category recommendations. FIN Reporter delivers complete control to users on reports, metrics, peers, time spans and graphics to create custom content for any meeting scenario. Together, these services transform peer analytics into an automated consulting system.
“Since launching our FI Analytics solutions at ICBA LIVE 2019 we’ve seen tremendous interest from community banking executives,” said Steve Cotton, FI Navigator CEO and co-founder. “With our solution, community banks can leverage peer analytics to assess how they’re doing when it comes to their customer offerings and performance.”
For more information about ICBA’s Preferred Service Provider program, visit www.icba.org/psp.
The Independent Community Bankers of America® creates and promotes an environment where community banks flourish. With more than 50,000 locations nationwide, community banks constitute 99 percent of all banks, employ nearly 750,000 Americans and are the only physical banking presence in one in three U.S. counties. Holding more than $5 trillion in assets, nearly $4 trillion in deposits, and more than $3.4 trillion in loans to consumers, small businesses and the agricultural community, community banks channel local deposits into the Main Streets and neighborhoods they serve, spurring job creation, fostering innovation and fueling their customers’ dreams in communities throughout America. For more information, visit ICBA’s website at www.icba.org.