Future Forces in Banking Survey

What are the future prospects for regulatory relief, branching, and when the next recession will occur? What impact will the non-traditional digital disruptors have? And what are the long term prospects for the future of banking?

In this survey, we set out to answer these questions and more... with your help! The survey, for bank and credit union executives and directors in the US, is comprised of only 14 multiple choice questions, plus 4 background questions, and will take less than 10 minutes to complete. As a thank you for participating, you'll receive a complimentary report summary of the valuable findings.

CS Consulting Group, the creator of this survey, is partnering with CenterState Bank to collect the results. Be assured that your identity and answers will remain confidential; and the data will be only aggregated for analysis. Thank you for participating and measuring the future pulse of banking executives and directors. Please take a few minutes to complete the survey now.

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* 1. Your type of financial institution?

Bank

Thrift

Credit Union

Shadow bank (offering banking services without traditional charter)

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* 2. Your asset size?

$0 - 249 million

$250 - 999 million

$1 - 49 billion

$50+ billion or greater

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* 3. Your position?

Executive management (C-level; EVP)

Board of Director

Senior management

Other

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* 4. Your email address? (exclusively for sending survey results/report)

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* 5. Will regulatory relief and a two-tier regulatory system (Financial Regulatory Improvement Act of 2015), as currently discussed, provide you with any meaningful relief from your current regulatory burden?

Yes

Not sure

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* 6. Would you consider shifting from your current charter, to becoming a shadow bank (forgoing some margin,
to relieve the regulatory burden you face)?

Yes, would consider

No, definitely not

Not sure

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* 7. When do you expect the next recession to begin in the US?

Within the next year

2-3 years from now

4+ years away

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* 8. Which statement best captures your feeling regarding non-traditional, online-only lenders (e.g., Moven, Lending Club, Prosper, Quicken Loans)?

Losing business to them; a real competitive threat

Losing a little business; niche competitor

No impact

Not sure

Who are these guys?

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* 9. Indicate the impact from the non-traditional digital disruptors (e.g., Moven, Lending Club, Prosper, Quicken
Loans) you anticipate experiencing 5 years from now?

Losing business to them; a real competitive threat

Losing a little business; niche competitor

No impact

Not sure

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* 10. How are you preparing for competing against the non-traditional digital disruptors?

Making changes in lines of business (LOBs) & delivery, to be faster and easier for our customers/members

Other preparations

Not sure

We do not compete against them

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* 11. What changes will you be making to your branch network over the next 24 months?

Increasing branch network

Decreasing branch network

No change to branch network

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* 12. Indicate your customers' current appetite for credit, following the recession:

Borrowing aggressively; back to pre-recession levels

Borrowing has resumed, but some hesitancy

Great hesitancy remains

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* 13. Which statement best represents your forecast of the expected customer/member reaction to the current state of cyber security incidences?

Customers will continue using technology-based banking, without hesitancy

Customers will use tech-based banking with less frequency

Many customers will abandon use of tech-based banking

Not sure

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* 14. Which statement best reflects your sentiment towards bank profitability, competition, technology and regulation over the next five years?

The "good old days" are just around the corner (i.e., back to normal soon)

Banking is changed from pre-recession days (i.e, the "new normal" persists)

Not sure

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* 15. Which statement best summarizes your view of the long-term prospects for banking?

Banking will thrive once again, and charters will eventually grow in numbers

Community banks and credit unions will be around for the long haul, although fewer in number

Community banks and credit unions will mostly become a relict of the past; with large banks dominating

Community banks and credit unions will mostly become relics; with non-bank, digital-only companies dominating

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* 16. Which statement best characterizes your feeling on the future conditions of banking?

What we're doing now is well suited for the future

We will need new strategies, LOBs, and methods to compete effectively

A significant transformation of our business model will be required

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* 17. Over the next three years, do you see your margins:

Increasing

Decreasing

Staying the same

Unsure

Future Forces in Banking

Welcome!

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* 1. Your type of financial institution?

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* 2. Your asset size?

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* 3. Your position?

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* 4. Your email address? (exclusively for sending survey results/report)

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* 5. Will regulatory relief and a two-tier regulatory system (Financial Regulatory Improvement Act of 2015), as currently discussed, provide you with any meaningful relief from your current regulatory burden?

Question Title

* 6. Would you consider shifting from your current charter, to becoming a shadow bank (forgoing some margin,
to relieve the regulatory burden you face)?

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* 7. When do you expect the next recession to begin in the US?

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* 8. Which statement best captures your feeling regarding non-traditional, online-only lenders (e.g., Moven, Lending Club, Prosper, Quicken Loans)?

Question Title

* 9. Indicate the impact from the non-traditional digital disruptors (e.g., Moven, Lending Club, Prosper, Quicken
Loans) you anticipate experiencing 5 years from now?

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* 10. How are you preparing for competing against the non-traditional digital disruptors?

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* 11. What changes will you be making to your branch network over the next 24 months?

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* 12. Indicate your customers' current appetite for credit, following the recession:

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* 13. Which statement best represents your forecast of the expected customer/member reaction to the current state of cyber security incidences?

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* 14. Which statement best reflects your sentiment towards bank profitability, competition, technology and regulation over the next five years?

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* 15. Which statement best summarizes your view of the long-term prospects for banking?

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* 16. Which statement best characterizes your feeling on the future conditions of banking?

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* 17. Over the next three years, do you see your margins:

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* 18. What do you see ahead for banking's future?

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* 1. Your type of financial institution?

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* 2. Your asset size?

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* 3. Your position?

Question Title

* 4. Your email address? (exclusively for sending survey results/report)

Question Title

* 5. Will regulatory relief and a two-tier regulatory system (Financial Regulatory Improvement Act of 2015), as currently discussed, provide you with any meaningful relief from your current regulatory burden?

Question Title

* 6. Would you consider shifting from your current charter, to becoming a shadow bank (forgoing some margin,to relieve the regulatory burden you face)?

Question Title

* 7. When do you expect the next recession to begin in the US?

Question Title

* 8. Which statement best captures your feeling regarding non-traditional, online-only lenders (e.g., Moven, Lending Club, Prosper, Quicken Loans)?

Question Title

* 9. Indicate the impact from the non-traditional digital disruptors (e.g., Moven, Lending Club, Prosper, QuickenLoans) you anticipate experiencing 5 years from now?

Question Title

* 10. How are you preparing for competing against the non-traditional digital disruptors?

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* 11. What changes will you be making to your branch network over the next 24 months?

Question Title

* 12. Indicate your customers' current appetite for credit, following the recession:

Question Title

* 13. Which statement best represents your forecast of the expected customer/member reaction to the current state of cyber security incidences?

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* 14. Which statement best reflects your sentiment towards bank profitability, competition, technology and regulation over the next five years?

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* 15. Which statement best summarizes your view of the long-term prospects for banking?

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* 16. Which statement best characterizes your feeling on the future conditions of banking?

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* 17. Over the next three years, do you see your margins:

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* 18. What do you see ahead for banking's future?

* 6. Would you consider shifting from your current charter, to becoming a shadow bank (forgoing some margin,
to relieve the regulatory burden you face)?

* 9. Indicate the impact from the non-traditional digital disruptors (e.g., Moven, Lending Club, Prosper, Quicken
Loans) you anticipate experiencing 5 years from now?