Community bankers are most concerned about funding and cyber security, according to
a recent survey
from the Conference of State Bank Supervisors.
This year’s survey showed more than a third of respondents—36 percent of banks—said funding costs were the most likely factor to influence future profitability, up from 11 percent in 2016. More than 70 percent of respondents ranked cyber security as their most important risk.
That’s a big shift from prior years, when compliance concerns took top billing in bankers’ minds, although that’s not surprising given the passage of recent reg reform.