Banking, one of the most important and intensely competitive industries in Florida, is experiencing unprecedented change. Along with interest rate uncertainty and industry consolidation, additional issues facing banks include:

• Regulation: From Basel 3 to the CFPB, more scrutiny from a growing set of regulators - including state, federal, industry, and international regulators - is a fact of life in our post-crisis, Dodd-Frank world.
   
• Cybersecurity: Ever-present and always-changing, organizations are only as secure as their weakest link.
   
• Technology: Technology is changing at breakneck speed and having an enormous impact on financial services. 10 years ago, mobile banking didn't exist. With the emergence of the iPhone and App store, everything changed. But there are other, equally disruptive technologies that will have the same transformative impact on our industry. They haven't been conceived or invented yet - but they're coming.
• We will also see bigger, more established, non-fintech technology companies like Apple, Google, Facebook, and Amazon extend their reach into the banking industry.
• These companies have already dipped a toe in the water with payments - and they are very good at giving consumers what they want.

All of this points to a more competitive banking marketplace, with higher and constantly changing customer expectations. For any of your personal or business banking needs, please consider using one of our quality member banks or credit unions listed below.

The following are listed in the Banks category in our Member Directory.