Community Bank Innovation The purpose of this survey is intended to gather insights from community banks on how they are approaching innovation in products, services, operations and technology. Your responses will help identify trends, challenges and opportunities in our industry. Section 1: Bank Profile Question Title * 1. Bank Name (Required.) Question Title * 2. City (Required.) Question Title * 3. First and Last Name (Required.) Question Title * 4. Email Address (Required.) Question Title * 5. Asset Size Under $250M $250M-$500M $500M-$1B Over $1B Question Title * 6. Location Type (please select all that apply) Rural Suburban Urban Question Title * 7. Number of Full-Time Employees Under 50 51-100 101-250 Over 250 Section 2: Innovation Strategy Question Title * 8. Does your bank have a formal innovation strategy or team? Yes No In progress Question Title * 9. In what areas has your bank implemented innovation? (please select all that apply) Digital banking services (mobile, online) Customer experience tools (chatbots, CRM systems) Internal operations (workflow automation, AI, cloud services) Products and services (new lending models, niche products) Compliance and risk management (RegTech) We have not implemented any innovations Other (please specify) Question Title * 10. What is the primary motivation behind your bank’s innovation efforts? Enhance customer experience Improve efficiency and reduce costs Remain competitive with fintechs and larger banks Regulatory or security pressures Leadership vision Other (please specify) Question Title * 11. How do you measure the success of innovation efforts? (please select all that apply) Customer feedback/satisfaction Operational efficiency gains Increased revenue or growth Internal adoption and usage We do not have formal metrics Other (please specify) Section 3: Innovation Challenges and Considerations Question Title * 12. What are the main barriers to innovation at your bank? (please select all that apply) Budget constraints Limited staff or expertise Regulatory uncertainty Risk aversion or cultural resistance Lack of time or competing priorities Satisfied with current operations Issues with integrating into the bank's core software system Other (please specify) Question Title * 13. If your bank has chosen not to pursue innovation in some areas, what are the reasons? (please select all that apply) Customers prefer traditional banking Lack of ROI or unclear business case Strategic decision to focus on core services Concern over implementation risk Other (please specify) Section 4: Looking Ahead Question Title * 14. What types of innovation are you planning or considering in the next 1–3 years? (please select all that apply) Digital account opening Loan automation and digital underwriting Personalized marketing or AI-driven recommendations Partnerships with fintechs Core system upgrades or integrations No planned innovations Other (please specify) Question Title * 15. Would your bank benefit from more collaboration or resources around innovation? Yes – training and best practices Yes – vendor recommendations or demos Yes – peer networking and case studies No – we are satisfied with current support Other (please specify) Question Title * 16. Please share an example of a successful innovation your bank has implemented. Question Title * 17. What was the innovation? Question Title * 18. What was the goal of implementing the innovation? Question Title * 19. How did you measure success and what results did you see? Question Title * 20. Please share any additional thoughts on innovation and its role in community banking. Thank you for your participation! Submit