The 2025 budgeting season will be difficult because of the current interest rate environment, according to a new Independent Banker article, but there are opportunities for community banks to budget strategically.
Details: The article offers ideas for smart budgeting, including investing in digital delivery, budgeting for employee education, prioritizing data analytics, and rethinking marketing strategies.
More: A previous Independent Banker podcast shared more ideas on budgeting for innovation.
Features: The August issue of IB also features articles on the CFO outlook, longstanding community banks, and behavioral economics. The magazine is available on the Independent Banker website and via the digital edition.