Community banks face a daunting set of challenges today. Persistently low interest rates have compressed net interest margin, price competition has intensified, and apps have made retail banking faceless and commoditized. Once a mainstay, face-to-face interaction with customers has dwindled, leaving branches underutilized and relationships at risk. 

In this environment, new sources of recurring non-interest income, customer engagement, and efficiency are more important than ever.

Sapphire can help.

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NETWORKING

By working with Sapphire through our Networking program, community banks can discover a new source of noninterest income and mitigate the risk of losing relationships, loans, and deposits. We are not a broker. Sapphire is a registered investment adviser. Community banks can take comfort in the fact that Sapphire, a fiduciary, puts clients' interests first.
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OCIO

Sapphire offers OCIO (outsourced chief investment officer) services for community banks that provide investment advisory services, but may lack the scale needed to operate efficiently and/or the expertise required to serve clients well. Our OCIO services provide community banks with an opportunity to leverage economies of scale, as well as Sapphire's deep investment expertise. 
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Sapphire is an affiliate of Independent Community Bancorp, Inc. We share a mission of helping community banks compete. 

Contact us to learn more about how we serve our clients as a fiduciary and how we create value for community banks.